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2. Significant Accounting Policies: Intangibles (Policies)
9 Months Ended
May 31, 2013
Policies  
Intangibles

Intangibles

 

The Company’s intangible assets have a finite life and are recorded at cost.  The most significant intangible assets are two patents related to gate support systems. Amortization is calculated using the straight-line method over the remaining lives of 57 months and 69 months, respectively, and are reviewed annually for impairment.