Document_and_Entity_Informatio
| Document and Entity Information (USD $) | 12 Months Ended | ||
| Aug. 31, 2013 | Dec. 10, 2013 | Nov. 30, 2013 | |
| Document and Entity Information: | ' | ' | ' |
| Entity Registrant Name | 'SAUER ENERGY, INC. | ' | ' |
| Document Type | '10-K | ' | ' |
| Document Period End Date | 31-Aug-13 | ' | ' |
| Amendment Flag | 'false | ' | ' |
| Entity Central Index Key | '0001446152 | ' | ' |
| Current Fiscal Year End Date | '--08-31 | ' | ' |
| Entity Common Stock, Shares Outstanding | ' | ' | 93,258,659 |
| Entity Filer Category | 'Smaller Reporting Company | ' | ' |
| Entity Current Reporting Status | 'Yes | ' | ' |
| Entity Voluntary Filers | 'No | ' | ' |
| Entity Well-known Seasoned Issuer | 'No | ' | ' |
| Document Fiscal Year Focus | '2013 | ' | ' |
| Document Fiscal Period Focus | 'FY | ' | ' |
| Entity Public Float | ' | $6,486,708 | ' |
Statement_of_Financial_Positio
| Statement of Financial Position (USD $) | Aug. 31, 2013 | Aug. 31, 2012 |
| Balance Sheets | ' | ' |
| Cash and Cash Equivalents, at Carrying Value | $19,179 | $46,955 |
| Inventory, Net | ' | 1,000 |
| Assets, Current | 19,179 | 47,955 |
| Property, Plant and Equipment, Gross | 62,782 | 92,567 |
| Indefinite-Lived Intangible Assets (Excluding Goodwill) | 1,905,000 | 1,475,000 |
| Other Assets, Noncurrent | 14,000 | 14,000 |
| Assets, Noncurrent | 1,981,782 | 1,581,567 |
| Assets | 2,000,961 | 1,629,522 |
| Accounts Payable, Current | 5,267 | 7,487 |
| Due To Related Parties Current | ' | 10,000 |
| Loans Payable, Current | 344,240 | ' |
| Liabilities, Current | 349,507 | 17,487 |
| Liabilities | 349,507 | 17,487 |
| Common Stock, Value, Issued | 9,374 | 8,722 |
| Additional Paid in Capital, Common Stock | 6,329,522 | 4,956,254 |
| Retained Earnings (Accumulated Deficit) | -4,687,442 | -3,352,941 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | 1,651,454 | 1,612,035 |
| Liabilities and Equity | $2,000,961 | $1,629,522 |
Statement_of_Financial_Positio1
| Statement of Financial Position - Parenthetical (USD $) | Aug. 31, 2013 | Aug. 31, 2012 |
| Balance Sheets | ' | ' |
| Common Stock, Par Value | $0.00 | $0.00 |
| Common Stock, Shares Authorized | 650,000,000 | 650,000,000 |
| Common Stock, Shares Issued | 93,742,564 | 87,218,106 |
| Common Stock, Shares Outstanding | 93,742,564 | 87,218,106 |
Statement_of_Income
| Statement of Income (USD $) | 12 Months Ended | 61 Months Ended | |
| Aug. 31, 2013 | Aug. 31, 2012 | Aug. 31, 2013 | |
| Income Statement | ' | ' | ' |
| ProfessionalFees | $112,589 | $206,856 | $383,721 |
| ProfessionalAndContractServicesExpense | 418,629 | 705,203 | 1,213,307 |
| Other Cost and Expense, Operating | 445,000 | ' | 445,000 |
| Research and Development Expense | 91,493 | 541,505 | 913,812 |
| General and Administrative Expense | 266,790 | 260,072 | 1,731,600 |
| Operating Expenses | 1,334,501 | 1,713,636 | 4,687,440 |
| Operating Income (Loss) | -1,334,501 | -1,713,636 | -4,687,440 |
| Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest | -1,334,501 | -1,713,636 | -4,687,440 |
| Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest | -1,334,501 | -1,713,636 | -4,687,440 |
| Net Income (Loss) Attributable to Parent | -1,334,501 | -1,713,636 | -4,687,440 |
| ComprehensiveIncomeNetOfTax | ($1,334,501) | ($1,713,636) | ($4,687,440) |
| Earnings Per Share, Basic | ($0.01) | ($0.02) | ' |
| Weighted Average Number of Shares Outstanding, Basic | 90,897,168 | 80,264,523 | ' |
| Earnings Per Share, Diluted | ($0.01) | ($0.02) | ' |
| Weighted Average Number of Shares Outstanding, Diluted | 90,897,168 | 80,264,523 | ' |
Statement_of_Shareholders_Equi
| Statement of Shareholders' Equity (USD $) | Common Stock | Additional Paid-in Capital | CommonStockSharesSubscriptions | Retained Earnings | Total |
| Stockholders' Equity at Aug. 06, 2008 | ' | ' | ' | ' | ' |
| Stock Issued During Period, Value, New Issues | ' | $12,500 | ' | ' | $12,500 |
| Stock Issued During Period, Shares, New Issues | 325 | ' | ' | ' | 325 |
| Net Income (Loss) | ' | ' | ' | -45,541 | -45,541 |
| Stockholders' Equity at Aug. 31, 2008 | ' | 12,500 | ' | -45,541 | -33,041 |
| Shares, Outstanding at Aug. 31, 2008 | 325 | ' | ' | ' | 325 |
| Stock Issued During Period, Value, New Issues | 13,894 | -13,894 | ' | ' | ' |
| Stock Issued During Period, Shares, New Issues | 138,937,175 | ' | ' | ' | ' |
| Net Income (Loss) | ' | ' | ' | -12,666 | -12,666 |
| Stockholders' Equity at Aug. 31, 2009 | 13,894 | -1,394 | ' | -58,207 | -45,707 |
| Shares, Outstanding at Aug. 31, 2009 | 138,937,500 | ' | ' | ' | 138,937,500 |
| Stock Issued During Period, Value, New Issues | -6,744 | 6,744 | ' | ' | ' |
| Stock Issued During Period, Shares, New Issues | -67,437,500 | ' | ' | ' | -67,437,500 |
| Net Income (Loss) | ' | ' | ' | -214,899 | -214,899 |
| Adjustments to Additional Paid in Capital, Warrant Issued | ' | 0 | ' | ' | 0 |
| Stock Repurchased and Retired During Period, Value | ' | ' | 0 | ' | ' |
| Stock Repurchased and Retired During Period, Shares | ' | ' | 0 | ' | 0 |
| Stockholders' Equity, Other | ' | 157,200 | ' | ' | 157,200 |
| Stockholders' Equity at Aug. 31, 2010 | 7,150 | 162,550 | ' | -273,106 | -103,406 |
| Shares, Outstanding at Aug. 31, 2010 | 71,500,000 | ' | ' | ' | 71,500,000 |
| Stock Issued During Period, Value, New Issues | 409 | 1,521,574 | ' | ' | 1,521,983 |
| Stock Issued During Period, Shares, New Issues | 4,090,749 | ' | ' | ' | 4,090,749 |
| Net Income (Loss) | ' | ' | ' | -1,366,199 | -1,366,199 |
| Adjustments to Additional Paid in Capital, Warrant Issued | ' | 0 | ' | ' | 0 |
| Stock Repurchased and Retired During Period, Value | ' | ' | 0 | ' | ' |
| Stock Repurchased and Retired During Period, Shares | ' | ' | 0 | ' | 0 |
| Stockholders' Equity, Other | ' | ' | 63,910 | ' | 63,910 |
| Stockholders' Equity at Aug. 31, 2011 | 7,559 | 1,684,124 | 63,910 | -1,639,305 | 116,288 |
| Shares, Outstanding at Aug. 31, 2011 | 75,590,749 | ' | ' | ' | 75,590,749 |
| Stock Issued During Period, Value, New Issues | 1,163 | 3,272,130 | ' | ' | 3,273,293 |
| Stock Issued During Period, Shares, New Issues | 11,627,357 | ' | ' | ' | 11,627,357 |
| Net Income (Loss) | ' | ' | ' | -1,713,636 | -1,713,636 |
| Adjustments to Additional Paid in Capital, Warrant Issued | ' | 0 | ' | ' | 0 |
| Stock Repurchased and Retired During Period, Value | ' | ' | 0 | ' | ' |
| Stock Repurchased and Retired During Period, Shares | ' | ' | 0 | ' | 0 |
| Stockholders' Equity, Other | ' | ' | -63,910 | ' | -63,910 |
| Stockholders' Equity at Aug. 31, 2012 | 8,722 | 4,956,254 | ' | -3,352,941 | 1,612,035 |
| Shares, Outstanding at Aug. 31, 2012 | 87,218,106 | ' | ' | ' | 87,218,106 |
| Stock Issued During Period, Value, New Issues | 593 | 1,223,328 | ' | ' | 1,223,921 |
| Stock Issued During Period, Shares, New Issues | 6,524,458 | ' | ' | ' | 6,524,458 |
| Net Income (Loss) | ' | ' | ' | -1,334,501 | -1,334,501 |
| Adjustments to Additional Paid in Capital, Warrant Issued | ' | 0 | ' | ' | 0 |
| Stock Repurchased and Retired During Period, Value | ' | ' | 0 | ' | ' |
| Stock Repurchased and Retired During Period, Shares | ' | ' | 0 | ' | 0 |
| Stockholders' Equity, Other | ' | ' | 150,000 | ' | 150,000 |
| Stockholders' Equity at Aug. 31, 2013 | $9,315 | $6,179,582 | $150,000 | ($4,687,442) | $1,651,455 |
| Shares, Outstanding at Aug. 31, 2013 | 93,742,564 | ' | ' | ' | 93,742,564 |
Statement_of_Cash_Flows
| Statement of Cash Flows (USD $) | 12 Months Ended | 61 Months Ended | |
| Aug. 31, 2013 | Aug. 31, 2012 | Aug. 31, 2013 | |
| Statement of Cash Flows | ' | ' | ' |
| Net Income (Loss) | ($1,334,501) | ($1,713,636) | ($4,687,442) |
| Security Deposit | -14,000 | -14,000 | -14,000 |
| Depreciation | 33,485 | 31,661 | 76,407 |
| Allocated Share Based Compensation Expense | 1,223,920 | 986,490 | 2,647,140 |
| Issuance of Stock and Warrants for Services or Claims | ' | ' | 228,000 |
| Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities | -77,096 | -709,485 | -1,749,895 |
| Increase (Decrease) in Inventories | 1,000 | -1,000 | 1,000 |
| Increase (Decrease) in Operating Assets | 1,000 | -1,000 | 1,000 |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | 2,020 | 1,396 | 9,507 |
| Increase (Decrease) in Operating Capital | 2,020 | 1,396 | 9,507 |
| Net Cash Provided by (Used in) Operating Activities | -74,076 | -709,089 | -1,739,388 |
| Payments to Acquire Property, Plant, and Equipment | -3,700 | -41,408 | -114,189 |
| Payments to Acquire Intangible Assets | -430,000 | ' | -430,000 |
| Net Cash Provided by (Used in) Investing Activities | -433,700 | -41,408 | -544,189 |
| Payments for (Proceeds from) Deposit on Loan | 510,000 | ' | 460,022 |
| Proceeds From Issuance Of Other Long Term Debt | ' | ' | 82,256 |
| Proceeds from (Repayments of) Notes Payable | -170,000 | ' | -120,022 |
| Proceeds from (Repayments of) Other Long-term Debt | -10,000 | ' | -82,256 |
| Proceeds from Issuance of Common Stock | 150,000 | 722,893 | 1,962,756 |
| Net Cash Provided by (Used in) Financing Activities | 480,000 | 722,893 | 2,302,756 |
| Cash and Cash Equivalents, Period Increase (Decrease) | -27,776 | -27,604 | 19,179 |
| Cash and Cash Equivalents, at Carrying Value | 46,955 | 74,559 | ' |
| Cash and Cash Equivalents, at Carrying Value | $19,179 | $46,955 | $19,179 |
Note_1_Organization_and_Nature
| Note 1 Organization and Nature of Operations | 12 Months Ended | |
| Aug. 31, 2013 | ||
| Notes | ' | |
| Note 1 Organization and Nature of Operations | ' | |
| NOTE 1 ORGANIZATION AND NATURE OF OPERATIONS | ||
| Organization | ||
| Sauer Energy, Inc. was incorporated in California on August 7, 2008. The Company was incorporated to develop and market wind power electric generators. | ||
| Current Business of the Company | ||
| On July 25, 2010, the Company executed a plan of reorganization with BCO Hydrocarbon Ltd., a Nevada exploration stage enterprise, in which Sauer Energy Inc. became a subsidiary of BCO. BCO changed its name to Sauer Energy, Inc. | ||
| The Company leases warehouse/office facilities in Camarillo, California, in which the Company develops wind power technology. A production prototype of a vertical axis wind turbine (“VAWT”) has been developed. Its compact size is aimed at the small business and home market. The company is focused on plans to manufacture and distribute the product. In May, 2012, the acquisition of the entire assets of a wind turbine company added two more wind turbine models to the Company, together with patents and a distribution network. | ||
| NOTE 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
| These financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted August 31 as the fiscal year-end. | ||
| Cash and Cash Equivalents | ||
| The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. | ||
| Use of Estimates | ||
| The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | ||
| Fair Value of Financial Instruments | ||
| The Financial Accounting Standards Board issued ASC (Accounting Standards Codification) 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value: | ||
| - | ||
| Level 1: Quoted prices in active markets for identical assets or liabilities. | ||
| - | ||
| Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. | ||
| - | ||
| Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. | ||
| The carrying amounts of the Company’s financial instruments as of August 31, 2013, reflect | ||
| - | ||
| Cash: Level One measurement based on bank reporting. | ||
| - | ||
| Loans from Officers and related parties: Level 2 based on promissory notes. | ||
| Federal income taxes | ||
| The Company utilizes FASB ACS 740, “Income Taxes”, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. . A valuation allowance is recorded when, in the opinion of management, it is “more likely-than-not” that a deferred tax asset will not be realized. The Company generated a deferred tax credit through net operating loss carry-forward. A valuation allowance of 100% has been established. | ||
| Interest and penalties on tax deficiencies recognized in accordance with ASC accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19. | ||
| Research and development costs | ||
| The Company expenses costs of research and development cost as incurred. The costs for the fiscal years ended August 31, 2013, and August 31, 2012, were $91,493 and $541,505 respectively. | ||
| Advertising and marketing expenses | ||
| Costs for advertising and marketing for the fiscal years ended August 31, 2013 and 2012 were $7,229 and $11,325 respectively. | ||
| Stock-based Compensation | ||
| The Company records stock-based compensation in accordance with ASC 718, Compensation – Stock Based Compensation and ASC 505, Equity Based Payments to Non-Employees, which requires themeasurement and recognition of compensation expense based on estimated fair values for all share-based awards made to employees and directors, including stock options. | ||
| ASC 718 requires companies to estimate the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period. | ||
| All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. | ||
| Basic and Diluted Earnings (Loss) Per Share – | ||
| Net loss per share is calculated in accordance with FASB ASC 260, Earnings Per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The Company has potentially dilutive securities outstanding consisting of warrants to purchase common stock, (see Note 10). However their exercise would be anti-dilutive, since the Company is in a loss position, and they are not counted in the calculation of loss per share. | ||
| Development Stage Company - The Company is considered a development stage company, with no operating revenues during the periods presented, as defined by FASB Accounting Standards Codification ASC 915. ACS 915 requires companies to report their operations, shareholders’ deficit and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things. Management has defined inception as August 7, 2008. Since inception, the Company has incurred an operating loss of $4,687,440. The Company’s working capital has been generated through advances from the principal of the Company and solicitation of subscriptions. Management has provided financial data since August 7, 2008 in the financial statements, as a means to provide readers of the Company’s financial information to be able to make informed investment decisions. | ||
| Recent Accounting Pronouncements | ||
| Fair Value—In May 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs." The amendments in this update generally represent clarifications of Topic 820, but also include some instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurements has changed. This update results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and IFRS. The amendments in this update are to be applied prospectively. The amendments are effective for interim and annual periods beginning after December 15, 2011. Early application is not permitted. The Company does not expect this guidance to have a significant impact on its consolidated financial position, results of operations or cash flows. | ||
| Comprehensive Income —In June 2011, the FASB issued ASU No. 2011-05, "Presentation of Comprehensive Income." This update was amended in December 2011 by ASU No. 2011-12, "Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05." This update defers only those changes in update 2011-05 that relate to the presentation of reclassification adjustments. All other requirements in update 2011-05 are not affected by this update, including the requirement to report comprehensive income either in a single continuous financial statement or in two separate but consecutive financial statements. ASU No. 2011-05 and 2011-12 are effective for fiscal years (including interim periods) beginning after December 15, 2011. The Company does not expect this guidance to have a significant impact on its consolidated financial position, results of operations or cash flows. | ||
| Offsetting Assets and Liabilities— In December 2011, the FASB issued ASU No. 2011-11, "Disclosures about Offsetting Assets and Liabilities." The amendments in this update require enhanced disclosures around financial instruments and derivative instruments that are either (1) offset in accordance with either ASC 210-20-45 or ASC 815-10-45 or (2) subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either ASC 210-20-45 or ASC 815-10-45. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The amendments are effective during interim and annual periods beginning on or after January 1, 2013. The Company does not expect this guidance to have any impact on its consolidated financial position, results of operations or cash flows. | ||
| A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, the Company’s management has not determined whether implementation of such standards would be material to its financial statements. | ||
Note_3_Going_Concern
| Note 3 - Going Concern | 12 Months Ended |
| Aug. 31, 2013 | |
| Notes | ' |
| Note 3 - Going Concern | ' |
| Note 3 – Going Concern | |
| The Company's financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company has accumulated a deficit of $4,687,440 as of August 31, 2013. | |
| In view of the matters described above, recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheets is dependent upon continued operations of the Company, which in turn is dependent upon the Company’s ability to raise additional capital, obtain financing and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Management plans to raise additional capital through the sale of stock to pursue business development activities. |
Note_4_Property_and_Equipment
| Note 4 - Property and Equipment | 12 Months Ended | |||||
| Aug. 31, 2013 | ||||||
| Notes | ' | |||||
| Note 4 - Property and Equipment | ' | |||||
| Note 4 – Property and Equipment | ||||||
| Property and Equipment consisted of the following at August 31, 2013 and August 31, 2012: | ||||||
| 2013 | 2012 | |||||
| Computer and equipment | $ 132,489 | $ 132,489 | ||||
| Truck& Trailer | 6,700 | 3,000 | ||||
| Less accumulated depreciation/amortization | (76,407) | (42,922) | ||||
| Property and equipment, net | $ 62,782 | $ 92,567 | ||||
Note_5_Asset_Purchase
| Note 5 - Asset Purchase | 12 Months Ended | |
| Aug. 31, 2013 | ||
| Notes | ' | |
| Note 5 - Asset Purchase | ' | |
| Note 5 – Asset Purchase | ||
| On May 11, 2012, the Company entered into an Asset Purchase Agreement with St. George Investments LLC, an Illinois limited liability company, to acquire certain assets in foreclosure for 6,000,000 common shares. The assets were formerly owned by Helix Wind, Inc., a Nevada corporation in the same business as the Company. The assets and agreed prices were: | ||
| Tangible Assets | ||
| Equipment | $ 23,000 | |
| Supplies | $ 1,000 | |
| Inventory | $ 1,000 | |
| $ 25,000 | ||
| Intangible Assets | ||
| Goodwill | $ 5,000 | |
| Intellectual Property (10 patents, 2 trademarks, network | ||
| systems, wind turbine monitoring system, URL) | $1,467,500 | |
| Restrictive Covenant | $ 2,500 | |
| $1,475,000 | ||
Note_6_Related_Party_Transacti
| Note 6 - Related Party Transactions | 12 Months Ended |
| Aug. 31, 2013 | |
| Notes | ' |
| Note 6 - Related Party Transactions: | ' |
| Note 6 – Related Party Transactions: | |
| A shareholder of the Company advanced $10,000 to the Company in the prior year ended August 31, 2012. The balance of the loan was paid off as of August 31, 2013. The loan carried no interest, was unsecured, had no maturity date and was payable upon demand. | |
Note_7_Commitments_and_Conting
| Note 7 - Commitments and Contingencies | 12 Months Ended | ||||
| Aug. 31, 2013 | |||||
| Notes | ' | ||||
| Note 7 - Commitments and Contingencies: | ' | ||||
| Note 7 – Commitments and Contingencies: | |||||
| On August 17, 2012, the Company leased a 10,410 square foot “industrial condominium” in Camarillo, California, for three years for monthly lease payments of $7,000 per month. There are no common area costs. All company operations are concentrated at the site. | |||||
| Lease Commitments – following five fiscal years: | |||||
| Fiscal year ended | |||||
| August 31, | |||||
| 2013 | 84,200 | ||||
| 2014 | 80,161 | ||||
| $ 164,361 | |||||
| Starting on July 25, 2010, the Company entered into a series of private placement agreements with various investors. The arrangement involved issuing 800,000 units of securities at $0.25 per unit for a total amount of $200,000. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant expiring July 31, 2012 with an exercise price of $0.50 each. The private placement was oversubscribed and the Company accepted additional private placement funds. As at August 31, 2011, the Company had issued 938,000 units of the securities in consideration of funds received of $234,500. | |||||
| Starting on January 1, 2011, the Company entered into a series of private placement agreements with various investors. The arrangement involved issuing 666,667 units of securities at $0.30 per unit for a total amount of $200,000. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant expiring July 31, 2013 with an exercise price of $0.60 each. The private placement was oversubscribed and the Company accepted additional private placement funds. As at August 31, 2011, the Company had issued 2,599,849 units of the securities in consideration of funds received of $779,955. | |||||
| During the fiscal year ended August 31, 2011, the Company issued 150,000 shares of common stock to an investor relations firm for services to be provided under contract. The fair value of the common stock on the day it was issued was $1.20 per share. Based on the fair value of the stock on the day of issuance, $180,000 was charged to investor relations expenses. A further 1,000,000 shares were issued to the firm in the fiscal year ended August 31, 2012. The fair value of the common stock on the day it was issued was $0.12 per share. Based on the fair value of the stock on the day of issuance, $120,000 was charged to investor relations expenses. The contract with the firm was cancelled in August, 2012. | |||||
| During the period September 1, to October 17, 2011, the Company entered into a series of private placement agreements with various investors involving issuing units of securities at $0.30 per unit. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock | |||||
| purchase warrant with an exercise price of $0.60 each, expiring July 31, 2013. The private placement was oversubscribed and the Company accepted additional private placement funds. On October 17, 2011 the Company issued 1,275,337 units of the securities in consideration of funds received of $382,601. | |||||
| On December 1, 2011, the Company issued 650,000 units of securities to seven investors at $0.30 per unit for $195,000 cash, pursuant to a private placement agreement. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.60 each, expiring July 31, 2013. | |||||
| On December 1, 2011, the Company issued 24,000 units of securities to an investor at $0.25 per unit for $6,000 cash pursuant to a private placement agreement. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.60 each, expiring July 31, 2014. | |||||
| On July 31, 2012, the Company issued 808,000 units of securities at $0.25 per unit for $202,000 cash pursuant to a private placement agreement. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.50 each, expiring July 31, 2014. | |||||
| On September 18, 2012, the Company issued 200,000 units of securities at $0.25 per unit for $50,000 cash pursuant to a private placement agreement. Each unit consisted on one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.50 each, expiring March 31, 2014. | |||||
| On June 4, 2013 the Company issued 400,000 units of securities at $0.25 per unit for $100,000 cash pursuant to a private placement agreement. Each unit consisted on one (1) share of common stock, par value $0.0001 per share and two (2) common stock purchase warrants with an exercise price of $0.40 each, expiring July 31, 2015. | |||||
Note_8_Federal_Income_Tax
| Note 8 - Federal Income Tax | 12 Months Ended |
| Aug. 31, 2013 | |
| Notes | ' |
| Note 8 - Federal Income Tax | ' |
| Note 8 - Federal income tax | |
| No provision was made for federal income tax, since the Company had a significant net operating loss. Net operating loss carryforwards may be used to reduce taxable income through the year 2030. The availability of the Company’s net operating loss carryforwards are subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock, unless the same or similar business is carried on. The net operating loss carryforward for federal and state income tax purposes was approximately $4,687,442, which will expire in 2029 through 2033 if not utilized. | |
| No provision was made for federal income tax, since the Company had an operating loss and has accumulated net operating loss carryforwards. | |
| The Company generated a deferred tax credit of $1,823,415 through net operating loss carryforward, an increase of $552,915 in the fiscal year ended August 31, 2013. The Company recorded a 100% valuation allowance for the deferred tax asset since it is more likely than not that some part or all of the deferred tax asset will not be realized. | |
Note_9_Capital_Stock
| Note 9 - Capital Stock | 12 Months Ended | ||||
| Aug. 31, 2013 | |||||
| Notes | ' | ||||
| Note 9 - Capital Stock | ' | ||||
| Note 9 – Capital Stock | |||||
| Starting on July 25, 2010, the Company entered into a series of private placement agreements with various investors. The arrangement involved issuing 800,000 units of securities at $0.25 per unit for a total amount of $200,000. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant expiring July 31, 2012 with an exercise price of $0.50 each. The private placement was oversubscribed and the Company accepted additional private placement funds. As of August 31, 2011, the Company issued 938,000 units of the securities in consideration of funds received of $234,500. | |||||
| Starting on January 1, 2011, the Company entered into a series of private placement agreements with various investors. The arrangement involved issuing 666,667 units of securities at $0.30 per unit for a total amount of $200,000. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant expiring July 31, 2013 with an exercise price of $0.60 each. The private placement was oversubscribed and the Company accepted additional private placement funds. As of August 31, 2011, the Company issued 2,599,849 units of the securities in consideration of funds received of $779,955. | |||||
| During the fiscal year ended August 31, 2011, the Company issued a total of 362,900 shares of common stock to certain consultants as compensation for services. The range of fair value of the stock was $0.75 ~ $1.55. Based on the fair value of the common stock on the day of issuance, $436,730 was charged to consulting expenses. | |||||
| During the fiscal year ended August 31, 2011, the Company issued 150,000 shares of common stock to an investor relations firm for services to be provided. The fair value of the common stock on the day it was issued was $1.20 per share. Based on the fair value of the stock on the day of issuance, $180,000 was charged to investor relations expenses. | |||||
| During the fiscal year ended August 31, 2011, the Company issued 40,000 shares of common stock as directors’ fees to certain directors of the Company. The fair value of the common stock on the day it was issued was $1.20 per share. Based on the fair value of the common stock on the date of issuance, $48,000 was charged to director fees. | |||||
| During the period September 1 to October 17, 2011, the Company entered into a series of private placement agreements with various investors involving issuing units of securities at $0.30 per unit. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock | |||||
| purchase warrant with an exercise price of $0.60 each, expiring July 31, 2013. The private placement was oversubscribed and the Company accepted additional private placement funds. On October 17, 2011 the Company issued 1,275,337 units of the securities in consideration of funds received of $382,601. | |||||
| On October 17, 2011, the Company issued a total of 522,900 shares of restricted common stock to certain consultants as compensation for services. The fair value of the stock was $0.51. Based on the fair value of the common stock on the day of issuance, $266,220 was charged to consulting expense. | |||||
| On October 17, 2011, the Company issued 200,000 shares of common stock to a consulting firm for services to be provided. The fair value of the common stock on the day it was issued was $0.51 per share. Based on the fair value of the stock on the day of issuance, $102,000 less $200 contributed was charged to consulting expense. | |||||
| On October 17, 2011, the Company issued a total of 535,000 shares of restricted common stock to certain consultants as compensation for services. The fair value of the stock was $0.51. Based on the fair value of the common stock on the day of issuance, $272,850 was charged to consulting expense. | |||||
| On December 1, 2011, the Company issued 650,000 units of securities to seven investors at $0.30 per unit for $195,000 cash. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.60 each, expiring July 31, 2013. | |||||
| On December 1, 2011, the Company issued 24,000 units of securities to an investor at $0.25 per unit for $6,000 cash. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.60 each, expiring July 31, 2014. | |||||
| On January 24, 2012, the Company issued 125,000 shares of common stock at the closing price of $0.60 per share for legal fees of $75,000. | |||||
| On January 26, 2012, the Company issued 25,000 shares of common stock at the closing price of $0.60 per share for legal fees of $15,000. | |||||
| On April 30, 2012, the Company issued 363,000 shares of common stock at the closing price of $0.34 per share for services by six providers. An expense of $123,420 was recorded. | |||||
| On May 11, 2012 the Company issued 6,000,000 shares of common stock pursuant to an Asset Purchase Agreement for certain wind turbine assets at the agreed price of $0.25 per share, including intangible assets. The fair market value of the assets was recorded, $1,500,000. | |||||
| On July 31, 3012, the Company issued 808,000 units of securities at $0.25 per unit for $202,000 cash. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.50 each, expiring July 31, 2014. | |||||
| On July 31, 2012, the Company issued 100,000 shares of common stock at $0.12 per share for legal fees of $12,000. | |||||
| On July 31, 2012 the Company issued 1,000,000 shares of common stock at $0.12 per share for contract services of $120,000. | |||||
| On October 10, 2012 the Company issued 950,980shares of common stock at $0.12 per share for cash of $120,000 pursuant to an investment agreement as the commitment fee for an equity line. | |||||
| On October 10, 2012 the Company entered into a private placement agreement that involved issuing 200,000 units of securities at $0.25 per unit for a total amount of $50,000. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrantexpiring March 31, 2014 with an exercise price of $0.50 each. | |||||
| On December 14, 2012 the Company issued 100,000 shares of common stock for $0.21 per share for consulting services of $21,000. | |||||
| On December 14, 2012 the Company issued 1,479,963 shares of common stock at $0.22 per share as a commitment fee. The shares were subsequently canceled and have been reissued to the escrow agent until the transaction is quantifiable and completely resolved. | |||||
| On December 14, 2012, the Company issued 12,000 shares of common stock for $0.21 per share for consulting services of $2,520. | |||||
| On January 7, 2013 the Company issued 2,000,000 shares of common stock for $0.215 per share pursuant to a restrictive covenant. | |||||
| On March 12, 2013 the Company issued 240,000 shares of common stock for $0.12 per share for consulting services of $28,800. | |||||
| On April 5, 2013 the Company issued 250,000 shares of common stock for $0.10 per share for consulting services of $25,000. | |||||
| On June 4, 2013 the Company entered into a private placement agreement that involved issuing 400,000 units of securities at $0.25 per unit for a total amount of cash of $100,000. Each unit consisted of one (1) share of common stock, par value $0.0001 per share and two (2) common stock purchase warrantsfor a total of 800,000 warrants expiring July 31, 2015 with an exercise price of $0.40 each. | |||||
| On July 12, 2013 the Company issued 220,000 shares of common stock for $0.34 per share for consulting services of $74,800. | |||||
| On July 12, 2013 the Company issued 50,000 shares of common stock for $0.34 per share for consulting services of $17,000. | |||||
| On July 12, 2013 the Company issued 200,000 shares of common stock for $0.34 per share for consulting services of $68,000. | |||||
| On July 12, 2013 the Company issued 50,000 shares of common stock for $0.34 per share for a bonus for consulting services of $17,000. | |||||
| On July 12, 2013 the Company issued 50,000 shares of common stock for $0.34 per share for a bonus for consulting services of $17,000. | |||||
| On July 12, 2013 the Company issued 35,000 shares of common stock for $0.34 per share for a bonus for consulting services of $11,900. | |||||
| On July 12, 2013 the Company issued 100,000 shares of common stock for $0.34 per share for consulting services of $34,000. | |||||
| On July 12, 2013 the Company issued 35,000 shares of common stock for $0.34 per share for consulting services of $11,900. | |||||
| On August 16, 2013 the Company issued 151,515 shares of common stock for $0.132 per share as a conversion of a Note Payable of $20,000. | |||||
| Note 10 – Warrants | |||||
| During the fiscal year ended August 31, 2013, the Company entered two private placement agreements with various investors. (Refer to Note 9 – Capital Stock). | |||||
| Under the private placements, the Company issued 600,000units of securities for total cash proceeds of $150,000. One private placement of 200,000 units of securities consisted of one (1) share of common stock, par value $0.0001 per share and one (1) common stock purchase warrant with an exercise price of $0.50 and expiring March 31, 2014. The other private placement of 400,000 units of securities consisted of one (1) share of common stock, par value $0.0001 per share and two (2) common stock purchase warrants with an exercise price of $0.40 and expiring July 31, 2015 | |||||
| . | |||||
| The following table is a summary of information about the warrants outstanding at August 31, 2013: | |||||
| Shares Underlying Warrants Outstanding | |||||
| Range of Exercise Price | Shares Underlying \Warrants Outstanding | Weighted Average Remaining Contractual Life | Weighted Average | ||
| Exercise Price | |||||
| $0.50 - $0.60 | 1,432,000 Shares \ 1,832,000 Warrants | 1.53 years | $ 0.46 | ||
| The following table is a summary of activity of outstanding stock warrants: | |||||
| Number of Warrants | Weighted Average Exercise Price | ||||
| Balance, August 31, 2012 | 5,357,206 | 0.58 | |||
| Warrants expired | (4,525,206) | 0 | |||
| Warrants cancelled | - | 0 | |||
| Warrants Granted | 1,000,000 | 0.42 | |||
| Warrants exercised | - | 0 | |||
| Balance, August 31, 2013 | 1,832,000 | 0.46 | |||
Note_11_Contingencies_Litigati
| Note 11 - Contingencies, Litigation | 12 Months Ended |
| Aug. 31, 2013 | |
| Notes | ' |
| Note 11 - Contingencies, Litigation | ' |
| NOTE 11 - Contingencies, Litigation | |
| There were no loss contingencies or legal proceedings against the Company with respect to matters arising in the ordinary course of business. |
Note_12_Subsequent_Events
| Note 12 Subsequent Events | 12 Months Ended |
| Aug. 31, 2013 | |
| Notes | ' |
| Note 12 Subsequent Events | ' |
| NOTE 12 Subsequent Events | |
| Subsequent Event (unaudited) | |
| On October 23, 2013, the Company filed a complaint against St George Investments, LLC (“St. George") in Superior Court, Ventura County California seeking declaratory relief as to contracts relating to the Company’s May, 2012 purchase of the assets of Helix Wind from St. George for treasury stock then valued in excess of $1.8 Million and a subsequent February 2013 promissory note for $275,000 executed under the terms of an amendment to the May, 2012 asset purchase agreement. The Company alleges that the Helix Wind asset purchase price has been substantially paid and, in fact, may have been overpaid in light of St. George’s failure to deliver all of the intellectual property of Helix Wind. St. George is interpreting the contracts and promissory note as entitling it to a windfall recovery above and beyond the asset purchase price and promissory note amount. On November 21, 2013, St George exercised its right as a non-California based entity to remove the action from the Ventura state court to the federal court sitting in Los Angeles, the United States District Court for the Central District of California. On November 26, 2013, St. George filed its answer and counterclaim seeking to enforce its interpretation of the contracts and to thereby collect approximately $440,000 above and beyond what is otherwise due, plus costs and attorneys fees. The matter is in an extremely early stage. The Company continues to seek an equitable resolution of this dispute but will vigorously prosecute its claim that it has performed its obligations and is not liable on St. George’s counterclaims. | |
Note_1_Organization_and_Nature1
| Note 1 Organization and Nature of Operations: Organization and Significant Accounting Policies (Policies) | 12 Months Ended | |
| Aug. 31, 2013 | ||
| Policies | ' | |
| Organization and Significant Accounting Policies | ' | |
| NOTE 1 ORGANIZATION AND NATURE OF OPERATIONS | ||
| Organization | ||
| Sauer Energy, Inc. was incorporated in California on August 7, 2008. The Company was incorporated to develop and market wind power electric generators. | ||
| Current Business of the Company | ||
| On July 25, 2010, the Company executed a plan of reorganization with BCO Hydrocarbon Ltd., a Nevada exploration stage enterprise, in which Sauer Energy Inc. became a subsidiary of BCO. BCO changed its name to Sauer Energy, Inc. | ||
| The Company leases warehouse/office facilities in Camarillo, California, in which the Company develops wind power technology. A production prototype of a vertical axis wind turbine (“VAWT”) has been developed. Its compact size is aimed at the small business and home market. The company is focused on plans to manufacture and distribute the product. In May, 2012, the acquisition of the entire assets of a wind turbine company added two more wind turbine models to the Company, together with patents and a distribution network. | ||
| NOTE 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
| These financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted August 31 as the fiscal year-end. | ||
Note_1_Organization_and_Nature2
| Note 1 Organization and Nature of Operations: Cash and Cash Equivalents (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Cash and Cash Equivalents | ' |
| Cash and Cash Equivalents | |
| The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. |
Note_1_Organization_and_Nature3
| Note 1 Organization and Nature of Operations: Use of Estimates (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Use of Estimates | ' |
| Use of Estimates | |
| The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Note_1_Organization_and_Nature4
| Note 1 Organization and Nature of Operations: Fair Value of Financial Instruments (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Fair Value of Financial Instruments | ' |
| Fair Value of Financial Instruments | |
| The Financial Accounting Standards Board issued ASC (Accounting Standards Codification) 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value: | |
| - | |
| Level 1: Quoted prices in active markets for identical assets or liabilities. | |
| - | |
| Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. | |
| - | |
| Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. | |
| The carrying amounts of the Company’s financial instruments as of August 31, 2013, reflect | |
| - | |
| Cash: Level One measurement based on bank reporting. | |
| - | |
| Loans from Officers and related parties: Level 2 based on promissory notes. |
Note_1_Organization_and_Nature5
| Note 1 Organization and Nature of Operations: Federal Income Taxes (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Federal Income Taxes | ' |
| Federal income taxes | |
| The Company utilizes FASB ACS 740, “Income Taxes”, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. . A valuation allowance is recorded when, in the opinion of management, it is “more likely-than-not” that a deferred tax asset will not be realized. The Company generated a deferred tax credit through net operating loss carry-forward. A valuation allowance of 100% has been established. | |
| Interest and penalties on tax deficiencies recognized in accordance with ASC accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19. |
Note_1_Organization_and_Nature6
| Note 1 Organization and Nature of Operations: Research and Development Costs (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Research and Development Costs | ' |
| Research and development costs | |
| The Company expenses costs of research and development cost as incurred. The costs for the fiscal years ended August 31, 2013, and August 31, 2012, were $91,493 and $541,505 respectively. |
Note_1_Organization_and_Nature7
| Note 1 Organization and Nature of Operations: Advertising and Marketing Expenses (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Advertising and Marketing Expenses | ' |
| Advertising and marketing expenses | |
| Costs for advertising and marketing for the fiscal years ended August 31, 2013 and 2012 were $7,229 and $11,325 respectively. |
Note_1_Organization_and_Nature8
| Note 1 Organization and Nature of Operations: Stock-based Compensation (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Stock-based Compensation | ' |
| Stock-based Compensation | |
| The Company records stock-based compensation in accordance with ASC 718, Compensation – Stock Based Compensation and ASC 505, Equity Based Payments to Non-Employees, which requires themeasurement and recognition of compensation expense based on estimated fair values for all share-based awards made to employees and directors, including stock options. | |
| ASC 718 requires companies to estimate the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period. | |
| All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. |
Note_1_Organization_and_Nature9
| Note 1 Organization and Nature of Operations: Basic and Diluted Earnings (loss) Per Share - (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Basic and Diluted Earnings (loss) Per Share - | ' |
| Basic and Diluted Earnings (Loss) Per Share – | |
| Net loss per share is calculated in accordance with FASB ASC 260, Earnings Per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The Company has potentially dilutive securities outstanding consisting of warrants to purchase common stock, (see Note 10). However their exercise would be anti-dilutive, since the Company is in a loss position, and they are not counted in the calculation of loss per share. |
Recovered_Sheet1
| Note 1 Organization and Nature of Operations: Development Stage Enterprise General Disclosures (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Development Stage Enterprise General Disclosures | ' |
| Development Stage Company - The Company is considered a development stage company, with no operating revenues during the periods presented, as defined by FASB Accounting Standards Codification ASC 915. ACS 915 requires companies to report their operations, shareholders’ deficit and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things. Management has defined inception as August 7, 2008. Since inception, the Company has incurred an operating loss of $4,687,440. The Company’s working capital has been generated through advances from the principal of the Company and solicitation of subscriptions. Management has provided financial data since August 7, 2008 in the financial statements, as a means to provide readers of the Company’s financial information to be able to make informed investment decisions. |
Recovered_Sheet2
| Note 1 Organization and Nature of Operations: Recent Accounting Pronouncements (Policies) | 12 Months Ended |
| Aug. 31, 2013 | |
| Policies | ' |
| Recent Accounting Pronouncements | ' |
| Recent Accounting Pronouncements | |
| Fair Value—In May 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs." The amendments in this update generally represent clarifications of Topic 820, but also include some instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurements has changed. This update results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and IFRS. The amendments in this update are to be applied prospectively. The amendments are effective for interim and annual periods beginning after December 15, 2011. Early application is not permitted. The Company does not expect this guidance to have a significant impact on its consolidated financial position, results of operations or cash flows. | |
| Comprehensive Income —In June 2011, the FASB issued ASU No. 2011-05, "Presentation of Comprehensive Income." This update was amended in December 2011 by ASU No. 2011-12, "Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05." This update defers only those changes in update 2011-05 that relate to the presentation of reclassification adjustments. All other requirements in update 2011-05 are not affected by this update, including the requirement to report comprehensive income either in a single continuous financial statement or in two separate but consecutive financial statements. ASU No. 2011-05 and 2011-12 are effective for fiscal years (including interim periods) beginning after December 15, 2011. The Company does not expect this guidance to have a significant impact on its consolidated financial position, results of operations or cash flows. | |
| Offsetting Assets and Liabilities— In December 2011, the FASB issued ASU No. 2011-11, "Disclosures about Offsetting Assets and Liabilities." The amendments in this update require enhanced disclosures around financial instruments and derivative instruments that are either (1) offset in accordance with either ASC 210-20-45 or ASC 815-10-45 or (2) subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either ASC 210-20-45 or ASC 815-10-45. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The amendments are effective during interim and annual periods beginning on or after January 1, 2013. The Company does not expect this guidance to have any impact on its consolidated financial position, results of operations or cash flows. | |
| A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, the Company’s management has not determined whether implementation of such standards would be material to its financial statements. |
Note_4_Property_and_Equipment_
| Note 4 - Property and Equipment: Property, Plant and Equipment (Tables) | 12 Months Ended | |||||
| Aug. 31, 2013 | ||||||
| Tables/Schedules | ' | |||||
| Property, Plant and Equipment | ' | |||||
| 2013 | 2012 | |||||
| Computer and equipment | $ 132,489 | $ 132,489 | ||||
| Truck& Trailer | 6,700 | 3,000 | ||||
| Less accumulated depreciation/amortization | (76,407) | (42,922) | ||||
| Property and equipment, net | $ 62,782 | $ 92,567 | ||||
Note_5_Asset_Purchase_Schedule
| Note 5 - Asset Purchase: Schedule of Cost Method Investments (Tables) | 12 Months Ended | |
| Aug. 31, 2013 | ||
| Tables/Schedules | ' | |
| Schedule of Cost Method Investments | ' | |
| Tangible Assets | ||
| Equipment | $ 23,000 | |
| Supplies | $ 1,000 | |
| Inventory | $ 1,000 | |
| $ 25,000 | ||
| Intangible Assets | ||
| Goodwill | $ 5,000 | |
| Intellectual Property (10 patents, 2 trademarks, network | ||
| systems, wind turbine monitoring system, URL) | $1,467,500 | |
| Restrictive Covenant | $ 2,500 | |
| $1,475,000 | ||
Note_7_Commitments_and_Conting1
| Note 7 - Commitments and Contingencies: August 31, (Tables) | 12 Months Ended | ||||
| Aug. 31, 2013 | |||||
| Tables/Schedules | ' | ||||
| August 31, | ' | ||||
| August 31, | |||||
| 2013 | 84,200 | ||||
| 2014 | 80,161 | ||||
| $ 164,361 | |||||
Note_9_Capital_Stock_Schedule_
| Note 9 - Capital Stock: Schedule of Stockholders' Equity Note, Warrants or Rights (Tables) | 12 Months Ended | ||||
| Aug. 31, 2013 | |||||
| Tables/Schedules | ' | ||||
| Schedule of Stockholders' Equity Note, Warrants or Rights | ' | ||||
| Shares Underlying Warrants Outstanding | |||||
| Range of Exercise Price | Shares Underlying \Warrants Outstanding | Weighted Average Remaining Contractual Life | Weighted Average | ||
| Exercise Price | |||||
| $0.50 - $0.60 | 1,432,000 Shares \ 1,832,000 Warrants | 1.53 years | $ 0.46 | ||
| The following table is a summary of activity of outstanding stock warrants: | |||||
| Number of Warrants | Weighted Average Exercise Price | ||||
| Balance, August 31, 2012 | 5,357,206 | 0.58 | |||
| Warrants expired | (4,525,206) | 0 | |||
| Warrants cancelled | - | 0 | |||
| Warrants Granted | 1,000,000 | 0.42 | |||
| Warrants exercised | - | 0 | |||
| Balance, August 31, 2013 | 1,832,000 | 0.46 | |||
Note_4_Property_and_Equipment_1
| Note 4 - Property and Equipment: Property, Plant and Equipment (Details) (USD $) | Aug. 31, 2013 | Aug. 31, 2012 |
| Details | ' | ' |
| Machinery and Equipment, Gross | $132,489 | $132,489 |
| Segment Reporting Information, Property, Plant, and Equipment, Net | 6,700 | 3,000 |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | -76,407 | -42,922 |
| Property, Plant, and Equipment, Owned, Net | $62,782 | $92,567 |
Note_5_Asset_Purchase_Schedule1
| Note 5 - Asset Purchase: Schedule of Cost Method Investments (Details) (USD $) | 11-May-12 |
| Details | ' |
| Business Acquisition, Purchase Price Allocation, Equipment | $23,000 |
| Business Acquisition, Purchase Price Allocation, Current Assets, Asset to be Disposed of | 1,000 |
| Business Acquisition, Purchase Price Allocation, Current Assets, Inventory | 1,000 |
| Business Acquisition, Purchase Price Allocation, Tangible Assets | 25,000 |
| Business Acquisition, Purchase Price Allocation, Goodwill Amount | 5,000 |
| Business Acquisition, Purchase Price Allocation, Intangible Assets Other than Goodwill | 1,467,500 |
| Business Acquisition, Purchase Price Allocation, Other Assets | 2,500 |
| Acquired Indefinite-lived Intangible Asset, Amount | $1,475,000 |
Note_6_Related_Party_Transacti1
| Note 6 - Related Party Transactions (Details) (USD $) | Aug. 31, 2013 |
| Details | ' |
| Shareholder Of The Company Advanced | $10,000 |
Note_7_Commitments_and_Conting2
| Note 7 - Commitments and Contingencies: August 31, (Details) (USD $) | Aug. 31, 2014 | Aug. 31, 2013 |
| Details | ' | ' |
| Commitments | $80,161 | $84,200 |
Note_8_Federal_Income_Tax_Deta
| Note 8 - Federal Income Tax (Details) (USD $) | Aug. 31, 2013 |
| Details | ' |
| Operating Loss Carryforwards | $4,687,442 |
| Deferred Tax Assets, Gross | 1,823,415 |
| Net Operating Loss Carry forwards | $552,915 |