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10-K - FORM 10-K - ENTEST BIOMEDICAL, INC.entb0129form10k.htm
EX-32.1 - EXHIBIT 32.1 - ENTEST BIOMEDICAL, INC.entb0129form10kex321.htm
EX-31.2 - EXHIBIT 31.2 - ENTEST BIOMEDICAL, INC.entb0129form10kex312.htm
EX-32.2 - EXHIBIT 32.2 - ENTEST BIOMEDICAL, INC.entb0129form10kex322.htm
EX-31.1 - EXHIBIT 31.1 - ENTEST BIOMEDICAL, INC.entb0129form10kex311.htm
EX-10.37 - EXHIBIT 10.37 - ENTEST BIOMEDICAL, INC.entb0129form10kex1037.htm
EXCEL - IDEA: XBRL DOCUMENT - ENTEST BIOMEDICAL, INC.Financial_Report.xls
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EX-10.39 - EXHIBIT 10.39 - ENTEST BIOMEDICAL, INC.entb0129form10kex1039.htm
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v2.4.0.6
Consolidated Statement of Operations (USD $)
12 Months Ended
Aug. 31, 2012
Aug. 31, 2011
REVENUES    
Revenues from Veterinary Services $ 419,336 $ 349,141
Online Revenues 6,916   
TOTAL REVENUE 426,252 349,141
Cost of Revenue 119,299 89,405
GROSS PROFIT 306,953 259,736
COSTS AND EXPENSES    
Research and Development 5,798 109,063
Rent Costs 126,812 108,596
General and Administrative 562,424 793,609
Incorporation Costs      
Consultant's Expenses 428,040 159,518
Miscellaneous Expenses      
Total Costs and Expenses 1,123,074 1,170,786
OPERATING LOSS (816,121) (911,050)
OTHER INCOME AND EXPENSE    
Other Income 94,949 99
Loss on Early Extinguishment of Debt (18,647)   
Income generated from Revenue Share Agreement 187,699   
Expenses incurred from Revenue Share Agreement (145,362)   
Loss on Impairment of intangible assets (683,333)   
Interest Expense (29,400) (24,404)
Interest Expense attributable to amortization of discount (380,480) (16,428)
Expenses attributable to issuance of shares pursuant to contractual obligation (23,868)   
Expenses attributable to issuance of Non Voting Convertible Preferred Shares in connection with Stock Purchase Agreement (75,000)   
TOTAL OTHER INCOME AND EXPENSE (1,073,442) (40,733)
LOSS BEFORE INCOME TAXES (1,889,563) (951,783)
Income Taxes 0 0
NET LOSS (1,889,563) (951,783)
Beneficial conversion feature attributable to issuance of NonVoting Preferred Stock (32,142)   
NET LOSS available to common shareholders $ (1,921,705) $ (951,783)
BASIC AND DILUTED LOSS PER SHARE $ (0.02) $ (0.05)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 94,990,042 19,895,368