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EXCEL - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.Financial_Report.xls
10-K - 10-K - NEW AMERICA ENERGY CORP.form10k.htm
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XML - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.R6.htm
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EX-31.1 - CERTIFICATION - NEW AMERICA ENERGY CORP.ex311.htm
EX-32.1 - CERTIFICATION - NEW AMERICA ENERGY CORP.ex321.htm
EX-31.2 - CERTIFICATION - NEW AMERICA ENERGY CORP.ex312.htm
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v2.4.0.6
Income Taxes (Tables)
12 Months Ended
Aug. 31, 2012
Income Tax Disclosure [Abstract]  
Changes in gross deferred tax asset
For the period ended August 31,   2012     2011  
Book loss for the year   $ (474,997 )   $ (692,217 )
Adjustments:     -       -  
Tax loss for the year     (474,997 )     (692,217 )
Estimated effective tax rate     34 %     34 %
Deferred tax asset   $ 161,500     $ 235,353  
Change in Valuation Allowance
For the period ended August 31, 2012   2012     2011  
Deferred tax asset   $ 161,500     $ 235,353  
Valuation allowance     (161,500 )     (235,353 )
Current taxes payable     -       -  
Income tax expense   $ -     $ -  
NOL carryforwards
Year  

Amount

$

    Expiration  
2006     43,985       2026  
2007     25,000       2027  
2008     9,000       2028  
2009     10,000       2029  
2010     10,842       2030  
2011     692,217       2031  
2012     474,997       2032  
      1,266,041