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Stockholders' Equity (Tables)

12 Months Ended

Aug. 31, 2013

Equity [Abstract]

Series A Convertible Preferred Stock

					Preferred				Number of								Weighted Avg.
					Shares				Common Shares				Proceeds if				Per Common Sh.
					Outstanding				Convertible				Converted				Exercise Price
	Outstanding, August 31, 2011				129,062				64,531			$	25,812			$	0.40

	Expired/Retired				—				—				—			$	—
	Converted				—				—				—			$	0.40
	Issued				—				—				—			$	—
	Outstanding, August 31, 2012				129,062				64,531			$	25,812			$	0.40

	Expired/Retired				—				—				—			$	0.40
	Converted				—				—				—			$	—
	Issued				—				—				—			$	—
	Outstanding, August 31, 2013				129,062				64,531			$	25,812			$	0.40

Series D Convertible Preferred Stock

		Preferred	Number of			Weighted Avg.
		Shares	Common Shares	Proceeds if		Per Common Sh.
		Outstanding	Convertible	Converted		Exercise Price
Outstanding, August 31, 2011		-	-	$ -		$ -

Expired/Retired		-	-	-		$ -
Converted		-	-	-		$ -
Issued		-	-	-		$ -
Outstanding, August 31, 2012		-	-	$ -		$ -

Expired/Retired		-	-	-		$ -
Converted		-	-	-		$ -
Issued		58,564	58,564,000	-		$ 80.25
Outstanding, August 31, 2013		58,564	58,564,000	$ -		$ 80.25

Preferred Stock Converson Periods

Date of Conversion	Proceeds from Conversion	Further Description and Remarks
July-August 2004	$487,523	During July and August 2004, holders of 2,437,614 Units contributed $487,523 to convert 2,437,614 shares of Series A. Convertible Preferred stock into 4,875,228 shares of common stock.
February 2005	$230,393	During February 2005, holders of 1,151,967 Units contributed $230,393 to convert 1,151,967 shares of Series A. Convertible Preferred stock into 2,303,934 shares of common stock.
April/June 2008	$29,460	During April and June 2008, holders of 147,300 Units contributed $29,460 to convert 147,300 shares of Series A. Convertible Preferred stock into 294,600 shares of common stock.
March/April 2010	$6,820	During March and April 2010, holders of 34,100 Units contributed $6,820 to convert 34,100 shares of Series A. Convertible Preferred stock into 68,200 shares of common stock.
July 2011	$0	During July 2011, holders of 132,700 Units elected to relinquish conversion of 132,700 shares of Convertible Preferred stock as part of splitting their Units.

Sales of Unregistered Securities

Date of Sale	Proceeds from Sale	Further Description and Remarks
October 19, 2011	$25,000	On October 19, 2011, the Company sold 625,000 shares of common stock to a non-related accredited investor at $0.04 per share.
January 26, 2012	$40,000	On January 26, 2012, the Company sold 1,000,000 shares of common stock to a non-related accredited investor at $0.04 per share.
April 26, 2012	$10,000	On April 26, 2012, the Company sold 250,000 shares of common stock to a non-related accredited investor at $0.04 per share.
October 15, 2012	$20,000	On October 15, 2012, the Company sold 1,000,000 shares of common stock to a non-related accredited investor at $0.02 per share.
January 6, 2013	$20,000	On January 6, 2013, the Company sold 2,000,000 shares of common stock to three non-related accredited investors at $0.01 per share.
February 8, 2013	$0	On February 8, 2013, Anthony Silverman, our former president and CEO, converted a promissory note in the amount of $10,242 in principal and interest into 1,024,164 shares of common stock at $0.01 per share.
June 17,2013	$10,000	On June 17, 2013, the Company sold 2,000,000 shares of common stock to an affiliated accredited investors at $0.005 per share.
July 17, 2013	$20,000	On July 17, 2013, the Company sold 4,000,000 shares of common stock to an affiliated accredited investors at $0.005 per share.
August 8, 2013	36,000	On August 8, 2013, the Company sold 6,000,000 shares of common stock to an affiliated accredited investors at $0.006 per share.

Warrant Activity

				Weighted Avg.
		Number		Exercise Price
Outstanding, August 31, 2011		-		-
Expired/Retired		-		-
Exercised		-		-
Issued		-		-
Outstanding, August 31, 2012		-		-

Expired/Retired		-		-
Exercised		-		-
Issued		7,000,000		0.012
Outstanding, August 31, 2013		7,000,000		0.012

Fair-Value of Warrants

		Year Ended August 31,
		2013				2012
Volatility		97.2% - 97.9%				-
Risk free rate			0.38	%			0.00	%
Expected dividends			None				None
Expected term (in years)			3 to 4 years				—

No warrants were issued in Fiscal 2012

Exercisable outstanding warrants

Weighted

Average

Date of

Number

Exercise

Remaining

Expiration

Grant

of Shares

Price

Exercise Life

Date

Fourth quarter of fiscal 2013

7,000,000

$

0.012

3 to 4 years

July-17

Outstanding, August 31, 2013

7,000,000

Average Intrinsic Value of Options

					Options		Options
					Outstanding		Exercisable
Number of options					242,085		242,085
Aggregate intrinsic value of options					$ -		$ -
Weighted average remaining contractual term (years)					1.29		1.29
Weighted average exercise price					$ 1.12		$ 1.12

Tabular disclosure of the nature and terms of the financial instruments and the rights and obligations embodied in those instruments, information about settlement alternatives, if any, in the contract and identification of the entity that controls the settlement alternatives including: a. The amount that would be paid, or the number of shares that would be issued and their fair value, determined under the conditions specified in the contract if the settlement were to occur at the reporting date b. How changes in the fair value of the issuer's equity shares would affect those settlement amounts (for example, "the issuer is obligated to issue an additional x shares or pay an additional y dollars in cash for each $1 decrease in the fair value of one share") c. The maximum amount that the issuer could be required to pay to redeem the instrument by physical settlement, if applicable d. The maximum number of shares that could be required to be issued, if applicable e. That a contract does not limit the amount that the issuer could be required to pay or the number of shares that the issuer could be required to issue, if applicable f. For a forward contract or an option indexed to the issuer's equity shares, the forward price or option strike price, the number of issuer's shares to which the contract is indexed, and the settlement date or dates of the contract, as applicable. g. The components of the liability that would otherwise be related to shareholders' interest and other comprehensive income (if any) subject to the redemption feature (for example, par value and other paid in amounts of mandatorily redeemable instruments are disclosed separately from the amount of retained earnings or accumulated deficit).

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