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EXCEL - IDEA: XBRL DOCUMENT - NEW ENERGY TECHNOLOGIES, INC.Financial_Report.xls
10-K - FORM 10-K - NEW ENERGY TECHNOLOGIES, INC.v329104_10k.htm
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EX-31.1 - EXHIBIT 31.1 - NEW ENERGY TECHNOLOGIES, INC.v329104_ex31-1.htm
EX-32.1 - EXHIBIT 32.1 - NEW ENERGY TECHNOLOGIES, INC.v329104_ex32-1.htm
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v2.4.0.6
Convertible Promissory Note (Details Narrative) (USD $)
12 Months Ended
Aug. 31, 2012
Market price of common stock $ 2.12
Estimated volatility 167.00%
Risk free interest rate 0.88%
Expected dividend rate 0.00%
Expected life 3 years
Intrinsic value $ 872,050
Interest expense related to note 26,231
Accretion related to the debt discount 515
Benificial convertion feature 452,950
WarrantMember
 
Estimated fair value of the warrants issued $ 547,050