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DBS

12/17/13 4:19 PM

#50752 RE: stervc #50749

Thanks for the informative post Sterling!

The amount of followers you have certainly merits the amount of DD you put into your posts!
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JPS02

12/17/13 9:17 PM

#50786 RE: stervc #50749

Note M - Income Taxes

For the year ended August 31, 2013 the company has cumulative Federal NOL carry forwards available of $9,723,673 to
be used against current and future taxable income
. The net operating loss will be carried forward until 2026.


Statutory federal income tax rate: 34%

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9663441

Go GLER!