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Property and Equipment

12 Months Ended

Aug. 31, 2013

Property, Plant and Equipment [Abstract]

NOTE 5 - PROPERTY AND EQUIPMENT

Property and equipment is composed of the following at August 31, 2013 and 2012:

	August 31,			August 31,
	2013			2012
Furniture	$	10,388		$	—
Office Equipment		10,800			—
Computers		19,905			4,856
Software		3,497			497
Leasehold improvements		29,000			—
Equipment		16,763			5,044

Total property and equipment at cost		90,353			10,397

Less: accumulated depreciation and amortization		(11,820	)		(8,916	)

	$	78,533		$	1,481

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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