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Note 7 - Notes Payable
3 Months Ended
Nov. 30, 2011
Debt Disclosure [Text Block]
7.             NOTES PAYABLE

On November 30, 2011, notes payable consists of the following:

During the period July 2009 to February 2010, the company had secured from existing shareholders a $150,000 bridge loan at an annual interest rate of nine percent (9%) which matured on September 8, 2009 (the "Bridge Loan") and $1,214,000 of the term loan at an annual interest rate of nine percent (9%) to mature on or about September 10, 2010 (the "Term Loan").  The Company has defaulted on repayment of the Bridge Loan by the maturity date, however, the lender has agreed to forbear collection until such time as the Company completes a secondary offering.  The Term Loan amount has since been reduced to $864,000 (excluding interest) and the due date of the loan was extended to December 31, 2011.  As of November 30, 2011, the total amount due under the Bridge Loan including interest is $178,110 and the total amount due under the Term Loan including interest is $1,010,822.  Also reported under Notes Payable is a $250,000 short term loan from KeHE advanced in May 2011 (See Note 9-Long Term Debt).   The Company has defaulted on repayment of the Term Loan by the maturity date, however, has the full support of each of the lenders who have agreed to forbear until such time as the Company completes a secondary offering.  In November 2011, the company obtained a short term loan of $150,000 from a lender for purposes of obtaining advance product for seasonal sales.  The loan was to be repaid in three installments before December 31, 2011.  Interest accrued at eight percent (8%) and is to be repaid no later than January 31, 2012.