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Re: None

Wednesday, 02/25/2015 5:36:56 PM

Wednesday, February 25, 2015 5:36:56 PM

Post# of 21990
From the 10K

EMPLOYEES

We currently have four full time employees and one part time employee.



Major components of our operating expenses for the year ended August 31, 2014 primarily consisted of approximately $1,150,000 for stock issued for services, approximately $922,000 for payroll and payroll related expenses, approximately $564,000 in professional fees, approximately $179,000 for a reserve for doubtful accounts, approximately $75,000 for the promotion of our products, $198,000 in royalty fees, approximately $147,000 for business travel and approximately $83,000 in insurance expense.

So, how do I get a job that pays $200K plus a year while managing to lose millions?????

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