Total Sports Media (TSMI) 10-Q 14 Apr 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Feb. 28, 2014	Mar. 31, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Streamtrack, Inc.	'
Entity Central Index Key	'0001442376	'
Document Type	'10-Q	'
Document Period End Date	28-Feb-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--08-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	48,677,661
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

Unaudited_Consolidated_Balance

Unaudited Consolidated Balance Sheets (USD $)	Feb. 28, 2014	Aug. 31, 2013
Current assets	'	'
Cash	$2,520	$7,980
Accounts receivable, net of allowances of $19,000 at February 28, 2014 and August 31, 2013	346,265	373,971
Prepaid expenses	12,161	11,076
Other current assets	15,011	'
Total current assets	375,957	393,027
Property and equipment, net	273,371	400,133
Note receivable	165,750	160,500
Other assets	37,562	37,562
Total assets	852,640	991,222
Current liabilities	'	'
Accounts payable and accrued expenses	1,316,795	1,376,138
Line of credit	511,718	362,331
Derivative liability embedded within convertible note payable	724,104	778,074
Capital lease payable - default	81,704	90,704
Related party payable	427,116	468,705
Convertible notes payable, net discount of $6,579 and $0, respectively	94,121	200,000
Convertible notes payable, in default	182,780	127,000
Total current liabilities	3,338,338	3,402,952
Long term liabilities	'	'
Convertible notes payable, net of debt discount of $22,277 and $30,233, respectively	287,723	279,767
Related party convertible notes payable, net of discount of $26,317 and $37,585, respectively	498,683	487,415
Total liabilities	4,124,744	4,170,134
Stockholders' deficit:	'	'
Series A preferred stock; $0.0001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding as of February 28, 2014 and August 31, 2013	'	'
Series B preferred stock; $0.0001 par value; 5,000,000 shares authorized; 200,000 and 0 shares issued and outstanding as of February 28, 2014 and August 31, 2013	20	'
Common stock, $0.0001 par value; 1,000,000,000 shares authorized; 39,541,530 and 17,045,823 shares issued and outstanding as of February 28, 2014 and August 31, 2013	3,954	1,705
Additional paid-in capital	1,597,871	1,223,508
Deferred stock based compensation	'	-8,262
Accumulated deficit	-4,873,949	-4,395,863
Total stockholders' deficit	-3,272,104	-3,178,912
Total liabilities and stockholders' deficit	$852,640	$991,222

Unaudited_Consolidated_Balance1

Unaudited Consolidated Balance Sheets (Parenthetical) (USD $)	Feb. 28, 2014	Aug. 31, 2013
Assets	'	'
Accounts receivable, net of allowances	$19,000	$19,000
Liabilities and stockholders' deficit	'	'
Convertible notes payable, current, net discount	6,579	0
Convertible promissory notes, noncurrent, net of debt	22,277	30,233
Related party convertible promissory notes, net of debt discount	$26,317	$37,585
Stockholders' deficit:	'	'
Common stock, par value	$0.00	$0.00
Common stock, Authorized	1,000,000,000	1,000,000,000
Common stock, Issued	39,541,530	17,045,823
Common stock, outstanding	39,541,530	17,045,823
Series A Preferred Stock	'	'
Stockholders' deficit:	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, Authorized	5,000,000	5,000,000
Preferred Stock, Issued	0	0
Preferred Stock, outstanding	0	0
Series B Preferred Stock	'	'
Stockholders' deficit:	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, Authorized	5,000,000	5,000,000
Preferred Stock, Issued	200,000	0
Preferred Stock, outstanding	200,000	0

Unaudited_Consolidated_Stateme

Unaudited Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014	Feb. 28, 2013
Revenue:	'	'	'	'
Advertising	$386,810	$292,095	$902,387	$668,520
Services	8,250	89,082	16,500	197,694
Total revenue	395,060	381,177	918,887	866,214
Costs of sales:	'	'	'	'
Media network	129,386	52,372	257,329	122,180
Depreciation and amortization	82,296	128,241	164,592	256,482
Colocation services	47,850	39,151	95,550	116,608
Broadcaster commissions	37,095	52,888	100,888	98,232
Other costs	2,558	139,166	75,583	355,946
Total costs of sales	299,185	411,818	693,942	949,448
Gross profit (loss)	95,875	-30,641	224,945	-83,234
Operating expenses	'	'	'	'
Product development (includes stock compensation of $0 , $48,583, $0 and $97,167, respectively)	32,976	132,713	115,728	238,514
Officer compensation	120,000	118,562	240,000	227,379
Sales and marketing (includes stock compensation of $0, $5,915, $8,262 and $23,581, respectively)	22,176	82,044	64,815	204,628
Other expenses (includes stock compensation of $0, $13,250, $0 and $26,500, respectively)	139,904	159,325	296,473	413,531
Total operating expenses	315,056	492,644	717,016	1,084,052
Operating loss	-219,181	-523,285	-492,071	-1,167,286
Other income and (expense)	'	'	'	'
Interest income	2,625	5,250	5,250	5,250
Interest expense (including accretion of $10,925, $40,706, $20,537, and $248,973, respectively)	-87,916	-62,086	-165,599	-290,174
Gain on disposal of education lead generation and other income	8,499	'	120,364	'
Change in fair value of derivatives	-534,359	-384,079	53,970	-377,981
Total other income (expenses)	-611,151	-440,915	13,985	-662,905
Net loss before income taxes	-830,332	-964,200	-478,086	-1,830,191
Income taxes	'	'	'	'
Net loss	-830,332	-964,200	-478,086	-1,830,191
Deemed dividend	'	'	'	-50,927
Net loss attributable to common stockholders	($830,332)	($964,200)	($478,086)	($1,881,118)
Basic net loss per common share attributable to common stockholders	($0.04)	($3.60)	($0.02)	($8.06)
Diluted net loss per common share attributable to common stockholders	($0.04)	($3.60)	($0.02)	($8.06)
Weighted-average number of shares used in computing basic per share amounts	21,501,826	267,640	25,405,871	233,322
Weighted-average number of shares used in computing dilutive per share amounts	21,501,826	267,640	25,405,871	233,322

Unaudited_Consolidated_Stateme1

Unaudited Consolidated Statements of Operations (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014	Feb. 28, 2013
Unaudited Consolidated Statements Of Operations Parenthetical	'	'	'	'
Stock compensation product development	$0	$48,583	$0	$97,167
Stock compensation marketing and sales	0	5,915	8,262	23,581
Stock compensation Other expenses	0	13,250	0	26,500
Accretion of debt discount	$10,925	$40,706	$20,537	$248,973

Unaudited_Consolidated_Stateme2

Unaudited Consolidated Statements of Cash Flows (USD $)	6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013
Cash flows from operating activities	'	'
Net loss	($478,086)	($1,830,191)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Stock-based compensation and stock for services	24,516	147,248
Bad debt expense	'	18,050
Depreciation and Amortization	169,262	258,275
Re-measurement of derivative liabilities	-53,970	377,981
Accretion of debt discount	20,537	248,973
Amortization of finance fees	20,833	'
Changes in operating assets and liabilities:	'	'
Accounts receivable	27,706	156,606
Prepaid expenses	3,082	6,540
Other assets	-15,011	-1,595
Accounts payable and accrued expenses	-2,877	93,171
Deferred revenue	'	-154,851
Net cash used in operating activities	-284,008	-679,793
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from issuance of convertible promissory notes	10,000	350,000
Proceeds from line of credit	124,387	'
Payments on capital lease	-9,000	-7,338
Interest on note receivable	-5,250	-5,250
Net advances from related parties	158,411	151,485
Net (payments) advances to Factor	'	-14,402
Net cash provided by financing activities	278,548	474,495
Change in cash and cash equivalents	-5,460	-205,298
Cash and cash equivalents at beginning of year	7,980	227,435
Cash and cash equivalents at end of year	2,520	22,137
Supplemental disclosures of cash flow information	'	'
Cash paid for interest	983	19,882
Cash paid for income taxes	'	'
Non cash investing and financing activities:	'	'
Deemed dividend	'	50,927
Issuance of common stock for conversion of debts and accrued interest	69,661	28,500
Issuance of preferred stock in satisfaction of amounts owed to officers	200,000	'
Acquisition of assets with issuance of common stock	42,500	'
Beneficial conversion feature recorded on convertible debt	$7,895	'

Nature_of_Business

Nature of Business	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 1 - Nature of Business	'
	StreamTrack, Inc. (the “Company”) is a digital media and technology services company. The Company provides audio and video streaming and advertising services through its RadioLoyaltyTM Platform (the “Platform”) to over 5,000 internet and terrestrial radio stations and other broadcast content providers. The Platform consists of a web-based and mobile player that manages streaming audio and video content, social media engagement, display and video ad serving within the web player and is also capable of replacing audio ads with video ads within the web player in a live or on-demand environment. The Company offers the Platform directly to its broadcasters and integrates or white labels its technologies with web-based internet radio guides and other web-based content providers. The Company is also continuing development of WatchThis™, a patent-pending technology to provide web, mobile and IP television streaming services that are e-commerce enabled within streamed content. The Company was incorporated as a Wyoming corporation on May 6, 2008.
	Basis of Presentation
	The accompanying interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s Form 10-K for year ended August 31, 2013 In the opinion of management, all adjustments necessary in order for the financial statements to be not misleading have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, StreamTrack Media, Inc., a California corporation. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the consolidated financial statements include all adjustments, which include only normal recurring adjustments, necessary for the fair presentation of the Company’s financial position for the periods presented.
	Going Concern
	The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. For the six months ended February 28, 2014, the Company recorded an operating loss of $492,071 and used cash flow from operations of $284,008. As of February 28, 2014, the Company had a working capital deficit of $2,962,381. These factors raise substantial doubt about our ability to continue as a going concern.
	Management is confident but cannot guarantee that additional capital can be raised in order to repay debts and continue operations. Normal operating costs are also significant and include consulting fees, professional fees, product development costs and marketing and sales costs associated with management’s business plan. Since inception and through the date of these financial statements, the Company has successfully raised a significant amount of capital. On April 11, 2013, the Company closed a non-dilutive line of credit financing for $250,000 with an institutional fund. During the six months ended February 28, 2014, the institutional fund has increased the Company’s line of credit to $520,000 Additionally, the Company anticipates launching several new product offerings and initiating certain new significant partnerships during the fiscal year ending August 31, 2014. The Company expects those products and partnerships to be profitable but notes that it will require an unknown amount of capital for product development and commercial deployment. The Company will attempt to have its potential partners pay for the majority of these costs but management cannot be certain that arrangement will occur. Management may potentially make a business decision to move forward, delay, or cancel certain partnerships because of the Company’s overall capital needs. Nonetheless, the ability of the Company to continue as a going concern is dependent on the successful execution of the business plan in order to reach sustained break-even and become profitable as well as financing to support the cash flow. If the Company is unable to become profitable and sustain cash flow, the Company could be forced to modify its business operations or possibly cease operations entirely. Management cannot provide any assurances that the Company will be successful in its operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates are used for determining the allowance for doubtful accounts, stock-based compensation, fair values of warrants to purchase common stock, derivative liabilities and income taxes. To the extent there are material differences between these estimates, judgments, or assumptions and actual results, the Company’s financial statements could be affected. In many cases, the accounting treatment of a particular transaction is specifically dictated by U.S. GAAP and does not require management’s judgment in its application. There are also areas in which management’s judgment in selecting among available alternatives would not produce a materially different result.

Composition_of_Certain_Financi

Composition of Certain Financial Statement Captions	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 2 - Composition of Certain Financial Statement Captions	'
	Property and Equipment
	Property and equipment consisted of the following:
		28-Feb-14			31-Aug-13
	Software	$	814,166		$	771,666
	Servers, computers, and other related equipment		198,924			198,924
	Leasehold improvements		1,675			1,675
			1,014,765			972,265
	Less accumulated depreciation and amortization		(741,394	)		(572,132	)
	Property and equipment, net	$	273,371		$	400,133
	Depreciation expense totaled $86,404 and $169,262 for the three and six months ended February 28, 2014, respectively. Depreciation expense totaled $115,887 and $231,773 for the three and six months ended February 28, 2013, respectively. There have been no write-offs or impairments of property and equipment since the Company’s inception on November 30, 2011.
	Note Receivable
	Note receivable consisted of a $150,000 convertible promissory note and $13,125 in accrued interest. The note bears interest at 7% and is due from a digital content provider on or before August 28, 2016. The balance owed can be converted into either preferred stock or common stock of the digital content provider, at the Company’s election, subject to certain conditions and contingencies. The Company agreed to work with the digital content provider to make modifications to its Universal PlayerTM technology platform to better suit the digital content provider’s specific needs. The Company received a $25,000 deposit previously. The Company has received the remaining fees, which are recorded as a note receivable. Beginning in January 2014, the Company began earning additional revenue from the client. although not significant to date, the Company expects to earn increased amounts during the third fiscal quarter of 2014.
	See Note 4 for discussion regarding a receivable from Dane Media.
	Accounts Payable and Accrued Expenses
	Accounts payable and accrued expenses consisted of the following:
		28-Feb-14			August 31,
					2013
	Accounts payable	$	986,388		$	1,028,287
	Accrued interest		175,542			139,639
	Accrued broadcaster commissions		91,065			90,632
	Accrued consulting fees		9,158			64,049
	Credit card		54,642			53,531
	Accounts payable and accrued expenses	$	1,316,795		$	1,376,138

Fair_Value

Fair Value	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 3 - Fair Value	'
	Fair value is an exit price, representing the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. Fair value measurements are required to be disclosed by level within the following fair value hierarchy:
	Level 1– Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date.
	Level 2 – Inputs (other than quoted prices included in Level 1) are either directly or indirectly observable for the asset or liability through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life.
	Level 3 – Inputs lack observable market data to corroborate management’s estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.
	When determining fair value, whenever possible the Company uses observable market data, and relies on unobservable inputs only when observable market data is not available. Fair-value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of February 28, 2014 and August 31, 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, accounts receivable, prepaids, accounts payable, accrued liabilities, notes payable, and convertible notes payable. Fair values for these items were assumed to approximate carrying values because of their short term in nature or they are payable on demand
	The fair value of these financial assets and liabilities was determined using the following inputs:
		Fair Value Measurement Using
		Quoted Prices in		Significant		Significant		Total
		Active Markets		Other		Unobservable
		for Identical		Observable		Inputs
		Instruments		Inputs		(Level 3)
		(Level 1)		(Level 2)
	Fair values as of February 28, 2014
	Liabilities:
	Derivative liabilities	$	-	$	724,104	$	-	$	724,104
	Total liabilities measured at fair value	$	-	$	724,104	$	-	$	724,104
	Fair values as of August 31, 2013
	Liabilities:
	Derivative liabilities		-	$	778,074		-		778,074
	Total liabilities measured at fair value	$	-	$	778,074	$	-	$	778,074
	The Company’s derivative liabilities were classified as Level 2 within the fair value hierarchy because they were valued using significant other observable inputs. At each reporting period, the Company calculates the derivative liability using the Black-Scholes pricing model taking into account variables such as expected life, risk free interest rate, expected volatility, the fair market value of the Company's common stock and the conversion price.

Asset_Acquisition_Disposition

Asset Acquisition / Disposition	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
4. Asset Acquisition / Disposition	'
	Asset Acquisition
	On November 21, 2013, the Company, entered into an Asset Purchase Agreement with Robot Fruit, Inc., a New York corporation ("Robot Fruit") pursuant to which, the Company issued 850,000 shares of common stock in exchange for Robot Fruit Mobile Application Development Platform and related code, intellectual property and goodwill. The Company accounted for the purchase as an asset acquisition as the assets did not meet the definition of a business. In connection with the agreement, the Company determined the fair market value of the common stock issued to be $42,500, which was recorded as software within property and equipment on the accompanying balance sheet. The Company determined the expected life of the asset acquired to be 36 months.
	Disposition
	On November 15, 2013, the Company entered into an Asset Purchase Agreement with Dane Media, LLC (the "Agreement"), a New Jersey limited liability corporation ("Dane Media") pursuant to which, for an aggregate purchase price of $150,000, Dane Media purchased from Streamtrack, its (i) Student Matching Services (as defined in the Agreement), (ii) each of (A) www.studentmatchingservice.com and (B) www.studentmatchingservices.com, and (iii) each of the (A) Call Center Agreement, and the (B) Data/List Management Agreement (as each are described in the Agreement).
	Pursuant to the Agreement, the Company shall not compete with Dane Media in call center verified education leads for a period of 12 months following execution of the Agreement. The Company will continue to operate its advertising and lead generation business in various other vertical markets. Moreover, pursuant to the Agreement, the Company forgave certain payments owed by Dane Media to the Company of $38,135 which were invoiced between September 1, 2013 and November 15, 2013. The $150,000 purchase price was paid according to the following schedule: $50,000 upon closing of the transaction; $50,000 on December 13, 2013; and $50,000 on December 31, 2013. In connection, with the transaction the Company recorded a gain on sale of $111,865. The Company did not reclass the income and expenses directly related to the disposition of the education related lead generation to discontinued operations. The Company still operates within the advertising and lead generation business services other verticals.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 5 - Commitments and Contingencies	'
	On October 23, 2013, the Superior Court in the Judicial District of Danbury, Connecticut entered an order approving the stipulation of the parties (the "Stipulation") in the matter of ASC Recap LLC ("ASC") v. StreamTrack, Inc. Under the Stipulation, the Company agreed to issue, as settlement of liabilities owed by the Company to ASC in the aggregate amount of $766,288 (the "Claim Amount"), shares of common stock (the "Settlement Shares") as follows:
	(a) In one or more tranches as necessary, 3,740,000 shares of common stock (the "Initial Issuance") and an additional 200,000 shares of common stock as a settlement fee.
	(b) Through the Initial Issuance and any required additional issuances, that number of shares of common stock with an aggregate value equal to (A) the sum of
	(i) the Claim Amount and (ii) reasonable attorney fees and trade execution fees in the amount of $75,000, divided by (B) the Purchase Price (defined under the Stipulation as the market price (defined as the lowest closing bid price of the Company's common stock during the valuation period set forth in the Stipulation) less the product of the Discount (equal to 25%) and the market price. The parties reasonably estimated that the fair market value of the Settlement Shares and all other amounts to be received by ASC is equal to approximately $1,100,000.
	(c) If at any time during the valuation period the closing bid price of the Company's common stock is below 90% of the closing bid price on the day before an issuance date, the Company will immediately cause to be issued to ASC such additional shares as may be required to effect the purposes of the Stipulation.
	(d) Notwithstanding anything to the contrary in the Stipulation, the number of shares beneficially owned by ASC will not exceed 9.99% of the Company's outstanding common stock.
	In connection with the Settlement Shares, the Company relied on the exemption from registration provided by Section 3(a)(10) under the Securities Act.
	In connection with the settlement, during the six months ended February 28, 2014 the Company issued 8,576,000 shares of common stock to ASC in which gross proceeds of $60,060 were generated from the sale of the common shares. In connection with the transaction, ASC received fees of $19,739 and providing payments of $40,321 to settle outstanding vendor payables. Subsequent to February 28, 2014, the Company issued ASC 5,893,000 shares of common stock. The Company cannot reasonably estimate the amount of proceeds ASC expects to receive from the sale of these shares which be used to satisfy the liabilities. Thus, the Company accounts for the transaction as the shares are sold and the liabilities are settled. All amounts are included within accounts payable. As of February 28, 2014, all of the share issued prior to that date had been sold by ASC. Shares in which are held by ASC at each reporting period are accounted for as issued but not outstanding.
	Legal Proceedings
	The Company is potentially subject to various legal proceedings and claims arising in the ordinary course of its business. There are no pending legal proceedings against the Company as of the date of these financial statements.

Capital_Lease

Capital Lease	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 6 - Capital Lease	'
	The Company periodically leases computer servers and related hardware under capital lease agreements. The lease terms are typically from three to five years, depending on the type of equipment. The leased equipment typically has a bargain purchase price, and qualifies for treatment as a capital lease. For book purposes, the assets are amortized over their estimated useful lives.
	Assets under capital lease, included within property and equipment on the balance sheet, as of February 28, 2014 and August 31, 2013 were as follows:
		28-Feb-14				August 31,
						2013
	Servers		$	147,049			$	147,049
	Less: accumulated depreciation			(128,445	)			(99,984	)
	Net assets under capital lease		$	18,604			$	47,065
	On March 22, 2013, the Company reached a settlement and release agreement with IBM Credit, LLC, (“IBM”) the lessor associated with the Company’s computer servers and software classified under capital lease. The balance owed to IBM as of March 22, 2013 was agreed to be $108,704. Payments of $9,000 per month are scheduled in order to satisfy this balance. The final payment due March 1, 2014 is for $9,704. As of February 28, 2014 and as of the date of these financial statements, the Company was in default of this agreement and the amount outstanding of $81,704 is reflected as a current liability on the accompanying balance sheet.

Related_Party_Transactions

Related Party Transactions	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 7 - Related Party Transactions	'
	The Company has only been operating since November 30, 2011. As a result, the Company has an extremely limited credit history. The Company’s Chief Executive Officer, and the Chief Executive Officer of StreamTrack Media, Inc. (the “Executives”) use their personal credit cards to fund operations on a frequent basis. If the Company did not have access to these credit cards, the Company would have to rely exclusively on external sources of capital. The Company’s external sources of capital are not always readily available. Once the Company’s track record is more established and results of operations are profitable, then external sources of capital should become more readily available. As a result, in time-constrained circumstances, the use of personal credit cards is necessary until such time as the Company is able to build up its own credit-worthiness and access more readily available and significant credit.
	The related party payable as of February 28, 2014 and August 31, 2013 consists of unpaid compensation and non-interest bearing cash advances and charges on personal credit lines made on behalf of the Company by the Executives. The balances owed to the Executives are not secured and are due on demand. Interest will be charged on these balances. However, no formal agreement has been executed to quantify the interest.
	See Notes 9 and 11 for additional related party transactions.

Factor_Line_of_Credit

Factor Line of Credit	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 8 - Factor Line of Credit	'
	On January 26, 2012 the Company executed a contract with an unrelated party (the “Factor”) to provide financing to the Company in the form of a factoring line of credit. The Company utilizes the factoring line of credit to receive cash advances on its accounts receivable balances prior to its customers paying the balances owed to the Company. The Factor charges a variety of fees totaling approximately 3% of the funds advanced by the Factor. On April 16, 2013, the Company executed a payoff agreement with the Factor and made payment to the Factor in full satisfaction of all amounts owed to the Factor. By executing the payoff agreement, the Company also terminated its agreement with the Factor.

Debt_Instruments

Debt Instruments	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 9 - Debt Instruments	'
	Asset-Based Debt Financing
	On April 11, 2013, the Company executed a non-dilutive asset-based debt financing (the “Lender Financing”) with a third party (the “Lender”). The Lender Financing consists of a $250,000 line of credit secured by all of the Company’s assets. The Company’s management also executed limited recourse guarantees with the Lender. Interest is payable monthly based on a floating interest rate determined based on a formula outlined in detail within the financing agreement. The Company anticipates the effective monthly interest rate charged on the outstanding balance owed to the third party will be between 2.2% and 1.1%. The Lender Financing was due and payable in full on September 30, 2013.
	Subsequently, the Company executed an extension to this agreement. The Lender financing has been increased from a $250,000 to a $520,000 line of credit secured by all of the Companies assets. The line of credit maturity date has been extended from September 30, 2013 to June 27, 2014.
	Convertible Notes Payable
	The Company has relied on financing from a lender since 2010 (the “Creditor”). Each note issued by the Creditor (the “Creditor Notes”) bears interest per annum at a rate of 8%, default interest rate of 22% and is generally payable within six months from the issuance date. The table below details the transactions with the Creditor during the six months ended February 28, 2014. The Company is currently in default on these Creditor’s Notes.
	Creditor’s Notes, in default, principal balance as of August 31, 2013	$	230,500
	Conversion of a portion of Creditor’s Note to common stock (9,935,956 common shares issued)		(47,720	)
	Creditor’s Notes, in default, principal balance as of February 28, 2014	$	182,780
	As of February, 28, 2014, the conversion price of a total of $182,780 Creditor Notes, including certain Creditor Notes that are in default as of the date of these financial statements, and accrued interest of approximately $120,798 is based upon a 39% discount to lowest five days closing prices of the Company’s common stock over the ten-day period prior to conversion. As a result, the lower the stock price at the time the Creditor converts the Creditor Notes, the more common shares the Creditor will receive.
	To the extent the Creditor converts the Creditor Notes and then sells its common stock, the market price of the common stock may decrease due to the additional shares in the market. This could allow the Creditor to receive greater amounts of common stock upon conversion. The sale of each share of common stock could further depress the stock price. Due to the floating conversion price of the notes, the Company does not know the exact number of shares that the Creditor would be issued upon conversion. The table below details the number of shares of the Company’s common stock the Creditor would be issued, if the Creditor elected to convert the Creditor Notes to common shares on each reporting date. The shares issuable upon conversion of the Creditor Notes may result in substantial dilution to the interests of the Company’s other shareholders. In this regard, even though the investor may not hold shares amounting to more than 9.99% of the outstanding shares at one time, this restriction does not prevent the investor from selling some of its holdings and then receiving additional shares. In this way, the investor could sell more than the 9.99% limit while never holding more than the limit.
	The table below details the number of shares issuable to the Creditor, without regard to the 9.99% limitation, in the event the share price decreases 25%, 50% or 75% from the stock price as of each date set forth below.
		28-Feb-14
	Stock price	$	0.007
	Effective conversion price	$	0.0026
	Creditor Note and accrued interest balance outstanding	$	303,578
	Actual outstanding shares of common stock		39,491,530
	Shares issuable upon conversion, at actual price		115,201,123
	% of outstanding common stock, at actual price		292	%
	Shares issuable upon conversion, assuming 25% price decrease		153,601,498
	% of outstanding common stock, assuming 25% price decrease		389	%
	Shares issuable upon conversion, assuming 50% price decrease		230,402,247
	% of outstanding common stock, assuming 50% price decrease		583	%
	Shares issuable upon conversion, assuming 75% price decrease		460,804,493
	% of outstanding common stock, assuming 75% price decrease		1,167	%
	Vendor Convertible Note
	The Company issued a non-interest bearing convertible promissory note due on demand (the “Vendor Note”) to settle all outstanding debts with a former vendor (the “Vendor”). The table below details the transactions with the Vendor during the six months ended February 28, 2014.
	Vendor Notes, principal balance as of August 31, 2013	$	96,500
	Conversion of Vendor Note to common stock (3,000,000) common shares issued)		(5,800	)
	Vendor Note, principal balance, February 28, 2014	$	90,700
	As of February 28, 2014, the conversion price of the $90,700 Vendor Note is based upon a 50% discount to lowest five days bid prices of the Company’s common stock over the five-day period prior to conversion. As a result, the lower the stock price at the time the Vendor converts the Vendor Note, the more common shares the Vendor will receive. To the extent the Vendor converts the Vendor Note and then sells its common stock, the common stock may decrease due to the additional shares in the market. This could allow the Vendor to receive greater amounts of common stock upon conversion. The sale of each share of common stock further depresses the stock price. Due to the floating conversion price of the notes, the Company does not know the exact number of shares that the Vendor would be issued upon conversion. The table below details the number of shares of the Company’s common stock the Vendor would be issued, if the Vendor elected to convert the Vendor Note to common shares on each reporting date. The shares issuable upon conversion of the Vendor Note may result in substantial dilution to the interests of the Company’s other shareholders.
	The table below details the number of shares issuable to the Vendor in the event the share price decreases 25%, 50% or 75% from the stock price as of each date set forth below.
		28-Feb-14
	Stock price	$	0.007
	Effective conversion price	$	0.0021
	Convertible promissory notes balance outstanding	$	90,700
	Actual outstanding shares of common stock		39,491,530
	Shares issuable upon conversion, at actual price		44,243,902
	% of outstanding common stock, at actual price		112	%
	Shares issuable upon conversion, assuming 25% price decrease		58,991,870
	% of outstanding common stock, assuming 25% price decrease		149	%
	Shares issuable upon conversion, assuming 50% price decrease		88,487,805
	% of outstanding common stock, assuming 50% price decrease		224	%
	Shares issuable upon conversion, assuming 75% price decrease		176,975,610
	% of outstanding common stock, assuming 75% price decrease		448	%
	Convertible Promissory Notes
	As of February 28, 2014, the Company has nine convertible promissory notes issued between December 2011 and February 2014. The convertible promissory notes bear interest at ether 4% or 8% per annum and are due in full, including principal and interest, three years from the issuance date ranging from December 2014 to August 2016. The convertible promissory notes also include a conversion option whereby the holders o may elect at any time to convert any portion or the entire balance into the Company’s common stock at conversion prices ranging from $0.0038 to $1.25. The table below details the transactions associated with the convertible promissory notes during the six months ended February 28, 2014.
	Convertible promissory notes, principal balance as of August 31, 2013	$	835,000
	Issuance of convertible promissory notes		10,000
	Conversion of convertible promissory notes to common stock		-
	Convertible promissory notes, principal balance, February 28, 2014	$	845,000
	Of the $845,000 of convertible promissory notes outstanding, $525,000 are held by related parties. These related parties consist of the Company's officers, significant shareholders or entities controlled by these individuals. As of February 28, 2014, $10,000 of these notes were included within the current portion of convertible promissory notes on the accompanying balance sheet as the note was due within one year of the balance sheet.
	For seven of the convertible promissory notes, the conversion feature associated with the convertible promissory note provide for a rate of conversion that is below market value. This conversion feature is accounted for as a beneficial conversion feature. A beneficial conversion feature was recorded and classified as a debt discount on the balance sheet at the time of issuance of each convertible promissory note with a corresponding credit to additional paid-in capital.
	In addition, six of the convertible promissory notes received warrants to purchase shares of the Company's common stock. The valuation of the stock warrants and the beneficial conversion feature associated with the issuance of convertible promissory notes utilized valuation inputs and related figures provided by a professional and independent valuation firm. The Company allocated the a portion of the proceeds received from the convertible promissory notes to the warrants using the relative fair value resulting in a debt discount to each convertible promissory note.
	The discount is amortized over the term of the convertible promissory note using the straight line method. The amortized value for each period is recorded as an offset against the debt discount on the balance sheet, classified as interest expense - accretion in the statement of operations and as accretion of debt discount within the statement of cash flows. During the six months ended February 28, 2014, the Company recorded a beneficial conversion feature of $7,895 in connection with the issuance of a $10,000 convertible note. During the six months ended February 28, 2014 and 2013, $20,537 and $19,224 of the discounts were amortized to interest expense, respectively.
	Future maturities of the principal balances of the Company’s convertible promissory notes, in the aggregate, are as follows for the years ending August 31,
	2014	$	110,000
	2015		625,000
	2016		110,000
	Thereafter		-
		$	845,000

Derivatives

Derivatives	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 10 - Derivatives	'
	Upon the six-month anniversary (180 days) of all financings with the Creditor, the shares underlying the Creditor’s Notes are issuable without restriction and can be sold to the public through the OTC Bulletin Board. As a result of the conversion price not being fixed, the number of shares of the Company’s common stock that are issuable upon the conversion of the Creditor’s Notes is indeterminable until such time as the Creditor elects to convert to common stock.
	On the six-month anniversary of Creditor Notes, the Company measures and records a derivative liability using the input attributes disclosed below. On February 28, 2014 and 2013, the Company re-measured the derivative liability using the weighted average input attributes below and determined the value to be $507,310 and $493,171, respectively. Other income (expense) of ($24,250) and ($188,880) was classified as “change in fair value of derivatives” and was recorded for the six months ended February 28, 2014 and 2013 in the statement of operations, respectively.
		28-Feb-14			28-Feb-13
	Expected life (in years)		0.1			0.1
	Balance of note and accrued interest outstanding	$	303,578		$	247,000
	Stock price	$	0.007		$	1.5663
	Effective conversion price	$	0.0026		$	0.4263
	Shares issuable upon conversion		115,201,123			360,973
	Risk-free interest rate		0.04	%		0.11	%
	Expected volatility		61.83	%		61.83	%
	Expected dividend yield		-			-
	The Vendor Note was executed on November 1, 2012 and was immediately convertible into the Company’s common stock at a 50% discount to the lowest bid price as quoted on the OTC Bulletin Board for the five days prior to the conversion date. As a result of the fact that the number of shares the Vendor Note was convertible into was indeterminable, the Company determined a derivative liability was embedded within the Vendor Note. The Company measured the derivative liability using the input attributes disclosed below and recorded a derivative liability of $190,927 as of November 1, 2012. As a result of the valuation of the derivative liability being in excess of the value of the proceeds of the Vendor Note by $50,927, a deemed dividend of $50,927 was recorded by the Company on November 1, 2012. The debt discount of $140,000 associated with the Vendor Note was immediately expensed to interest expense – accretion as a result of the Vendor Note being immediately convertible and due on demand. On February 28, 2014 and 2013, the Company re-measured the derivative liability using the input attributes below and determined the value to be $216,795 and $280,000, respectively. Other income (expense) of $78,220 and ($189,101) was classified as “change in fair value of derivatives” and was recorded for the six months ended February 28, 2014 and 2013, respectively, and included in the statement of operations.
		28-Feb-14			28-Feb-13
	Expected life (in years)		0.1			0.1
	Balance of note outstanding	$	90,700		$	140,000
	Stock price	$	0.007		$	1.5663
	Effective conversion price	$	0.0021		$	0.4217
	Shares issuable upon conversion		44,243,902			331,990
	Risk-free interest rate		0.04	%		0.17	%
	Expected volatility		61.83	%		61.83	%
	Expected dividend yield		-			-

Stockholders_Equity

Stockholders' Equity	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 11 - Stockholders' Equity	'
	Series A Preferred Stock
	Each share of Series A Preferred Stock has voting rights equal to the voting equivalent of the common stock into which it is convertible at the time of the vote. The holders of the Series A Preferred Stock are not entitled to dividends. The Series A Preferred Stock has no preferential rights to the Company’s common stock and will share in any liquidation proceeds with the common stock on an as converted basis.
	Series B Preferred Stock
	On October 25, 2013, the Company filed a Certificate of Designation of Series B Preferred Stock (the "Series B Certificate of Designation") with the Secretary of State of Wyoming. Pursuant to the Series B Certificate of Designation, the Company designated 200,000 shares of its blank check preferred stock as Series B Preferred Stock. The Series B Preferred Stock will rank senior to the common stock, Series A Preferred Stock and any subsequently created series of preferred stock that does not expressly rank pari passu with or senior to the Series B Preferred Stock (the "Junior Stock"). The Series B Preferred Stock will not be entitled to dividends. In the event of a liquidation, the Series B Preferred Stock will be entitled to a payment of the Stated Value of $1.00 per share prior to any payments being made in respect of the Junior Stock. Each share of Series B Preferred Stock will entitle the holder to vote on all matters voted on by holders of common stock as a single class. With respect to any such vote, each share of Series B Preferred Stock will entitle the holder to cast such number of votes equal to 0.000255% of the total number of votes entitled to be cast. Effective upon the closing of a Qualified Financing, all issued and outstanding shares of Series B Preferred Stock will automatically convert into common stock in an amount determined by dividing the product of the number of shares being converted and the Stated Value by the Conversion Price. The Conversion Price will be equal to the price per share of the common stock sold under the Qualified Financing (or, if the Qualified Financing involves the sale of securities convertible into common stock, by the conversion price of such convertible securities). A "Qualified Financing" is defined as the sale by the Company in a single offering of common stock or securities convertible into common stock for gross proceeds of at least $5,000,000.
	On October 31, 2013, the Company entered into amendment, waiver and exchange agreements (the "Exchange Agreements") with Michael Hill (the Company's chief executive officer and director) and Aaron Gravitz (the Company's director). Under each Exchange Agreement, the Company issued to each of Mr. Hill and Mr. Gravitz 100,000 shares of Series B Preferred Stock in exchange for $100,000 in unpaid compensation. In connection with the Exchange Agreements, the Company relied on the exemptions from registration provided by Section 3(a)(9) and 4(a)(2) under the Securities Act of 1933, as amended (the "Securities Act"). The Series B Preferred Stock was valued at $100,000 per issuance as the fair value of the consideration received was more determinable.
	Common Stock
	Each share of common stock has the right to one vote per share. The holders of common stock are also entitled to receive dividends as and when declared by the board of directors of the Company, whenever funds are legally available. These rights are subordinate to the dividend rights of holders of all classes of stock outstanding at the time.
	Detachable Stock Warrants
	As of February 28, 2014, the Company has a total of 362,500 detachable stock warrants outstanding. The warrants have a three-year term and are exercisable into the Company’s common stock at an exercise price of $0.41 per share.
	Stock Based Compensation
	The fair value of the Company’s Restricted Stock Units (“RSUs”) is expensed ratably over the vesting period. RSUs vest daily on a cliff basis over the service period, generally three years. The Company recorded stock-based compensation expense related to restricted stock units of $8,262 and $147,248 during the six months ended February 28, 2014 and 2013, respectively. As of February 28, 2014, all compensation cost in connection with the RSUs has been recognized.

Net_Income_Loss_Per_Share

Net Income (Loss) Per Share	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
12. Net Income (Loss) Per Share	'
	Basic net income (loss) per share is computed by dividing the net income (loss) by the weighted-average number of shares of common stock outstanding during the period.
	Diluted net loss per share is computed by giving effect to all potential shares of common stock, including convertible debt instruments, preferred stock, restricted stock unit grants and detachable stock warrants. Basic and diluted net loss per share for the three and six months ended February 28, 2014 and 2013 was the same as the inclusion of all potential common shares outstanding would have been anti-dilutive.

Subsequent_Events

Subsequent Events	6 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
Note 13 - Subsequent Events	'
	See Note 5 for common stock issued to ASC subsequent to quarter end.
	In addition, subsequent to February 28, 2014, the Company entered into an agreement to borrow $42,500, netting proceeds of $40,000 for operations. The terms of the agreement are similar to Creditor Notes disclosed above.

Nature_of_Business_Policies

Nature of Business (Policies)	6 Months Ended
	Feb. 28, 2014
Nature Of Business Policies	'
Nature of Business	'
	StreamTrack, Inc. (the “Company”) is a digital media and technology services company. The Company provides audio and video streaming and advertising services through its RadioLoyaltyTM Platform (the “Platform”) to over 5,000 internet and terrestrial radio stations and other broadcast content providers. The Platform consists of a web-based and mobile player that manages streaming audio and video content, social media engagement, display and video ad serving within the web player and is also capable of replacing audio ads with video ads within the web player in a live or on-demand environment. The Company offers the Platform directly to its broadcasters and integrates or white labels its technologies with web-based internet radio guides and other web-based content providers. The Company is also continuing development of WatchThis™, a patent-pending technology to provide web, mobile and IP television streaming services that are e-commerce enabled within streamed content. The Company was incorporated as a Wyoming corporation on May 6, 2008.
Basis of Presentation	'
	The accompanying interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s Form 10-K for year ended August 31, 2013 In the opinion of management, all adjustments necessary in order for the financial statements to be not misleading have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, StreamTrack Media, Inc., a California corporation. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the consolidated financial statements include all adjustments, which include only normal recurring adjustments, necessary for the fair presentation of the Company’s financial position for the periods presented.
Going Concern	'
	The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. For the six months ended February 28, 2014, the Company recorded an operating loss of $492,071 and used cash flow from operations of $284,008. As of February 28, 2014, the Company had a working capital deficit of $2,962,381. These factors raise substantial doubt about our ability to continue as a going concern.
	Management is confident but cannot guarantee that additional capital can be raised in order to repay debts and continue operations. Normal operating costs are also significant and include consulting fees, professional fees, product development costs and marketing and sales costs associated with management’s business plan. Since inception and through the date of these financial statements, the Company has successfully raised a significant amount of capital. On April 11, 2013, the Company closed a non-dilutive line of credit financing for $250,000 with an institutional fund. During the six months ended February 28, 2014, the institutional fund has increased the Company’s line of credit to $520,000 Additionally, the Company anticipates launching several new product offerings and initiating certain new significant partnerships during the fiscal year ending August 31, 2014. The Company expects those products and partnerships to be profitable but notes that it will require an unknown amount of capital for product development and commercial deployment. The Company will attempt to have its potential partners pay for the majority of these costs but management cannot be certain that arrangement will occur. Management may potentially make a business decision to move forward, delay, or cancel certain partnerships because of the Company’s overall capital needs. Nonetheless, the ability of the Company to continue as a going concern is dependent on the successful execution of the business plan in order to reach sustained break-even and become profitable as well as financing to support the cash flow. If the Company is unable to become profitable and sustain cash flow, the Company could be forced to modify its business operations or possibly cease operations entirely. Management cannot provide any assurances that the Company will be successful in its operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
Use of Estimates	'
	The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates are used for determining the allowance for doubtful accounts, stock-based compensation, fair values of warrants to purchase common stock, derivative liabilities and income taxes. To the extent there are material differences between these estimates, judgments, or assumptions and actual results, the Company’s financial statements could be affected. In many cases, the accounting treatment of a particular transaction is specifically dictated by U.S. GAAP and does not require management’s judgment in its application. There are also areas in which management’s judgment in selecting among available alternatives would not produce a materially different result.

Composition_of_Certain_Financi1

Composition of Certain Financial Statement Captions (Tables)	6 Months Ended
	Feb. 28, 2014
Composition Of Certain Financial Statement Captions Tables	'
Property and Equipment	'
	Property and equipment consisted of the following:
		28-Feb-14			31-Aug-13
	Software	$	814,166		$	771,666
	Servers, computers, and other related equipment		198,924			198,924
	Leasehold improvements		1,675			1,675
			1,014,765			972,265
	Less accumulated depreciation and amortization		(741,394	)		(572,132	)
	Property and equipment, net	$	273,371		$	400,133
Accounts Payable and Accrued Expenses	'
	Accounts payable and accrued expenses consisted of the following:
		28-Feb-14			August 31,
					2013
	Accounts payable	$	986,388		$	1,028,287
	Accrued interest		175,542			139,639
	Accrued broadcaster commissions		91,065			90,632
	Accrued consulting fees		9,158			64,049
	Credit card		54,642			53,531
	Accounts payable and accrued expenses	$	1,316,795		$	1,376,138

Fair_Value_Tables

Fair Value (Tables)	6 Months Ended
	Feb. 28, 2014
Fair Value Tables	'
Fair Value of financial assets and liabilities	'
	The fair value of these financial assets and liabilities was determined using the following inputs:
		Fair Value Measurement Using
		Quoted Prices in		Significant		Significant		Total
		Active Markets		Other		Unobservable
		for Identical		Observable		Inputs
		Instruments		Inputs		(Level 3)
		(Level 1)		(Level 2)
	Fair values as of February 28, 2014
	Liabilities:
	Derivative liabilities	$	-	$	724,104	$	-	$	724,104
	Total liabilities measured at fair value	$	-	$	724,104	$	-	$	724,104
	Fair values as of August 31, 2013
	Liabilities:
	Derivative liabilities		-	$	778,074		-		778,074
	Total liabilities measured at fair value	$	-	$	778,074	$	-	$	778,074

Capital_Lease_Tables

Capital Lease (Tables)	6 Months Ended
	Feb. 28, 2014
Capital Lease Tables	'
Assets under capital lease	'
	Assets under capital lease, included within property and equipment on the balance sheet, as of February 28, 2014 and August 31, 2013 were as follows:
		28-Feb-14				August 31,
						2013
	Servers		$	147,049			$	147,049
	Less: accumulated depreciation			(128,445	)			(99,984	)
	Net assets under capital lease		$	18,604			$	47,065

Debt_Instruments_Tables

Debt Instruments (Tables)	6 Months Ended
	Feb. 28, 2014
Schedule of Creditor's Notes	'
	The table below details the transactions with the Creditor during the six months ended February 28, 2014. The Company is currently in default on these Creditor’s Notes.
	Creditor’s Notes, in default, principal balance as of August 31, 2013	$	230,500
	Conversion of a portion of Creditor’s Note to common stock (9,935,956 common shares issued)		(47,720	)
	Creditor’s Notes, in default, principal balance as of February 28, 2014	$	182,780
Schedule of Vendor notes	'
	The table below details the number of shares issuable to the Creditor, without regard to the 9.99% limitation, in the event the share price decreases 25%, 50% or 75% from the stock price as of each date set forth below.
		28-Feb-14
	Stock price	$	0.007
	Effective conversion price	$	0.0026
	Creditor Note and accrued interest balance outstanding	$	303,578
	Actual outstanding shares of common stock		39,491,530
	Shares issuable upon conversion, at actual price		115,201,123
	% of outstanding common stock, at actual price		292	%
	Shares issuable upon conversion, assuming 25% price decrease		153,601,498
	% of outstanding common stock, assuming 25% price decrease		389	%
	Shares issuable upon conversion, assuming 50% price decrease		230,402,247
	% of outstanding common stock, assuming 50% price decrease		583	%
	Shares issuable upon conversion, assuming 75% price decrease		460,804,493
	% of outstanding common stock, assuming 75% price decrease		1,167	%
Schedule of convertible promisory note	'
	The table below details the transactions associated with the convertible promissory notes during the six months ended February 28, 2014.
	Convertible promissory notes, principal balance as of August 31, 2013	$	835,000
	Issuance of convertible promissory notes		10,000
	Conversion of convertible promissory notes to common stock		-
	Convertible promissory notes, principal balance, February 28, 2014	$	845,000
Future maturities of the Company's convertible promissory notes	'
	Future maturities of the principal balances of the Company’s convertible promissory notes, in the aggregate, are as follows for the years ending August 31,
	2014	$	110,000
	2015		625,000
	2016		110,000
	Thereafter		-
		$	845,000
Vendor Note [Member]	'
Schedule of the number of shares issuable to the Debt	'
	The table below details the transactions with the Vendor during the six months ended February 28, 2014.
	Vendor Notes, principal balance as of August 31, 2013	$	96,500
	Conversion of Vendor Note to common stock (3,000,000) common shares issued)		(5,800	)
	Vendor Note, principal balance, February 28, 2014	$	90,700
Creditor Note [Member]	'
Schedule of the number of shares issuable to the Debt	'
	The table below details the number of shares issuable to the Vendor in the event the share price decreases 25%, 50% or 75% from the stock price as of each date set forth below.
		28-Feb-14
	Stock price	$	0.007
	Effective conversion price	$	0.0021
	Convertible promissory notes balance outstanding	$	90,700
	Actual outstanding shares of common stock		39,491,530
	Shares issuable upon conversion, at actual price		44,243,902
	% of outstanding common stock, at actual price		112	%
	Shares issuable upon conversion, assuming 25% price decrease		58,991,870
	% of outstanding common stock, assuming 25% price decrease		149	%
	Shares issuable upon conversion, assuming 50% price decrease		88,487,805
	% of outstanding common stock, assuming 50% price decrease		224	%
	Shares issuable upon conversion, assuming 75% price decrease		176,975,610
	% of outstanding common stock, assuming 75% price decrease		448	%

Derivatives_Tables

Derivatives (Tables)	6 Months Ended
	Feb. 28, 2014
Vendor Note [Member]	'
Re-measured value of derivative liability	'
	Other income (expense) of $78,220 and ($189,101) was classified as “change in fair value of derivatives” and was recorded for the six months ended February 28, 2014 and 2013, respectively, and included in the statement of operations.
		28-Feb-14			28-Feb-13
	Expected life (in years)		0.1			0.1
	Balance of note outstanding	$	90,700		$	140,000
	Stock price	$	0.007		$	1.5663
	Effective conversion price	$	0.0021		$	0.4217
	Shares issuable upon conversion		44,243,902			331,990
	Risk-free interest rate		0.04	%		0.17	%
	Expected volatility		61.83	%		61.83	%
	Expected dividend yield		-			-
Creditor Notes [Member]	'
Re-measured value of derivative liability	'
	Other income (expense) of ($24,250) and ($188,880) was classified as “change in fair value of derivatives” and was recorded for the six months ended February 28, 2014 and 2013 in the statement of operations, respectively.
		28-Feb-14			28-Feb-13
	Expected life (in years)		0.1			0.1
	Balance of note and accrued interest outstanding	$	303,578		$	247,000
	Stock price	$	0.007		$	1.5663
	Effective conversion price	$	0.0026		$	0.4263
	Shares issuable upon conversion		115,201,123			360,973
	Risk-free interest rate		0.04	%		0.11	%
	Expected volatility		61.83	%		61.83	%
	Expected dividend yield		-			-

Nature_of_Business_Details_Nar

Nature of Business (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014	Feb. 28, 2013
Net Loss Per Share Tables	'	'	'	'
Operating loss	($219,181)	($523,285)	($492,071)	($1,167,286)
Cash flow from operations	'	'	284,008	679,793
Working capital deficit	'	'	2,962,381	'
Line of credit	'	'	$520,000	'

Composition_of_Certain_Financi2

Composition of Certain Financial Statement Captions (Details) (USD $)	Feb. 28, 2014	Aug. 31, 2013
Property and equipment, Gross	$1,014,765	$972,265
Less accumulated depreciation and amortization	-741,394	-572,132
Property and equipment, net	273,371	400,133
Software [Member]	'	'
Property and equipment, Gross	814,166	771,666
Servers computers And Other Related Equipment [Member]	'	'
Property and equipment, Gross	198,924	198,924
Lease hold Improvements [Member]	'	'
Property and equipment, Gross	$1,675	$1,675

Composition_of_Certain_Financi3

Composition of Certain Financial Statement Captions (Details 1) (USD $)	Feb. 28, 2014	Aug. 31, 2013
Composition Of Certain Financial Statement Captions Details 1	'	'
Accounts payable	$986,388	$1,028,287
Accrued interest	175,542	139,639
Accrued broadcaster Commisions	91,065	90,632
Accrued consulting fees	9,158	64,049
Credit card	54,642	53,531
Accounts payable and accrued expenses	$1,316,795	$1,376,138

Composition_of_Certain_Financi4

Composition of Certain Financial Statement Captions (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014	Feb. 28, 2013
Composition Of Certain Financial Statement Captions Details Narrative	'	'	'	'
Depreciation expense, total	$86,404	$115,887	$169,262	$231,773

Fair_Value_Details

Fair Value (Details) (USD $)	Feb. 28, 2014	Aug. 31, 2013
Liabilities:	'	'
Derivative liabilities	$724,104	$778,074
Total liabilities measured at fair value	724,104	778,074
Fair Value Inputs Level 1 [Member]	'	'
Liabilities:	'	'
Derivative liabilities	'	'
Total liabilities measured at fair value	'	'
Fair Value Inputs Level 2 [Member]	'	'
Liabilities:	'	'
Derivative liabilities	724,104	778,074
Total liabilities measured at fair value	724,104	778,074
Fair Value Inputs Level 3 [Member]	'	'
Liabilities:	'	'
Derivative liabilities	'	'
Total liabilities measured at fair value	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details Narrative) (USD $)	Feb. 28, 2014
Commitments And Contingencies Details Narrative	'
Common stock issued to ASC under settlement, Shares	8,576,000
Common stock issued to ASC under settlement, Amount	$60,060

Capital_Lease_Details

Capital Lease (Details) (USD $)	Feb. 28, 2014	Aug. 31, 2013
Capital Lease Details	'	'
Servers	$147,049	$147,049
Less: accumulated depreciation	-128,445	-99,984
Net assets under capital lease	$18,604	$47,065

Capital_Lease_Details_Narrativ

Capital Lease (Details Narrative) (USD $)	Feb. 28, 2014	Aug. 31, 2013
Capital Lease Details Narrative	'	'
Capital lease payable - in default	$81,704	$90,704

Debt_Instruments_Details

Debt Instruments (Details) (USD $)	Feb. 28, 2014	Feb. 28, 2013
Creditor Notes [Member]	'	'
Stock price	$0.01	$1.57
Effective conversion price	$0.00	$0.43
Creditor Note and accrued interest balance outstanding	$303,578	'
Actual outstanding shares of common stock	39,491,530	'
Shares issuable upon conversion, at actual price	115,201,123	'
Percentage of outstanding common stock, at actual price	292.00%	'
Creditor Notes [Member] | Assuming 25% Price Decrease [Member]	'	'
Shares issuable upon conversion, at actual price	153,601,498	'
Percentage of outstanding common stock, at actual price	389.00%	'
Creditor Notes [Member] | Assuming 50% Price Decrease [Member]	'	'
Shares issuable upon conversion, at actual price	230,402,247	'
Percentage of outstanding common stock, at actual price	583.00%	'
Creditor Notes [Member] | Assuming 75% Price Decrease [Member]	'	'
Shares issuable upon conversion, at actual price	460,804,493	'
Percentage of outstanding common stock, at actual price	1167.00%	'
Vendor Note [Member]	'	'
Stock price	$0.01	$1.57
Effective conversion price	$0.00	$0.42
Creditor Note and accrued interest balance outstanding	$90,700	'
Actual outstanding shares of common stock	39,491,530	'
Shares issuable upon conversion, at actual price	44,243,902	'
Percentage of outstanding common stock, at actual price	112.00%	'
Vendor Note [Member] | Assuming 25% Price Decrease [Member]	'	'
Shares issuable upon conversion, at actual price	58,991,870	'
Percentage of outstanding common stock, at actual price	149.00%	'
Vendor Note [Member] | Assuming 50% Price Decrease [Member]	'	'
Shares issuable upon conversion, at actual price	88,487,805	'
Percentage of outstanding common stock, at actual price	224.00%	'
Vendor Note [Member] | Assuming 75% Price Decrease [Member]	'	'
Shares issuable upon conversion, at actual price	176,975,610	'
Percentage of outstanding common stock, at actual price	448.00%	'

Debt_Instruments_Details_1

Debt Instruments (Details 1) (USD $)	6 Months Ended
	Feb. 28, 2014
Convertible Promissory Note [Member]	'
Notes, principal beginning balance	$835,000
Issuance of convertible promissory notes	10,000
Conversion of note to common stock	'
Notes, principal ending balance	845,000
Creditor Notes [Member]	'
Notes, principal beginning balance	230,500
Conversion of note to common stock	-47,720
Notes, principal ending balance	182,780
Vendor Note [Member]	'
Notes, principal beginning balance	96,500
Conversion of note to common stock	-5,800
Notes, principal ending balance	$90,700

Debt_Instruments_Details_2

Debt Instruments (Details 2) (USD $)	Aug. 31, 2013
Debt Instruments Details 2	'
2014	$110,000
2015	625,000
2016	110,000
Thereafter	'
Total	$845,000

Debt_Instruments_Details_Narra

Debt Instruments (Details Narrative) (USD $)	6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013
Convertible Promissory Note [Member]	'	'
Convertible promissory note current portion	$10,000	'
Beneficial conversion feature	7,895	'
Amortized discount to interest expense	20,537	19,224
Creditor Notes [Member]	'	'
Value converted into common stock	182,780	'
Accrued interest	120,798	'
Vendor Note [Member]	'	'
Value converted into common stock	$90,700	'

Derivatives_Details

Derivatives (Details) (USD $)	Feb. 28, 2014	Feb. 28, 2013
Creditor Notes [Member]	'	'
Expected life (in years)	'1 month 6 days	'1 month 6 days
Balance of note and accrued interest outstanding	$303,578	$247,000
Stock price	$0.01	$1.57
Effective conversion price	$0.00	$0.43
Shares issuable upon conversion	115,201,123	360,973
Risk-free interest rate	0.04%	0.11%
Expected volatility	61.83%	61.83%
Expected dividend yield	'	'
Vendor Note [Member]	'	'
Expected life (in years)	'1 month 6 days	'1 month 6 days
Balance of note and accrued interest outstanding	$90,700	$140,000
Stock price	$0.01	$1.57
Effective conversion price	$0.00	$0.42
Shares issuable upon conversion	44,243,902	331,990
Risk-free interest rate	0.04%	0.17%
Expected volatility	61.83%	61.83%
Expected dividend yield	'	'

Derivatives_Details_Narrative

Derivatives (Details Narrative) (USD $)	6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013
Creditor Notes [Member]	'	'
Re-measured the derivative liability	$507,310	$493,171
Vendor Note [Member]	'	'
Other Income (expense)	78,220	-189,101
Re-measured the derivative liability	216,795	280,000
Creditor Note [Member]	'	'
Other Income (expense)	($24,250)	($188,880)

Stockholders_Equity_Details_Na

Stockholders' Equity (Details Narrative) (USD $)	6 Months Ended
	Feb. 28, 2014	Feb. 28, 2013
Detachable stock warrants	362,500	'
Issued Per Shares	$0.41	'
Stock-based compensation	$24,516	$147,248
Warrants term	'3 years	'
Restricted Stock Units [Member]	'	'
Stock-based compensation	$8,262	$147,248