3. Summary of Significant Accounting Policies (Tables)

9 Months Ended

May. 31, 2015

Property, Plant and Equipment [Table Text Block]

The Company generally uses the following depreciable lives for its major classifications of property and equipment:

Description		Useful Lives
Computer hardware		5 years
Computer software		3 years
Furniture and Office Equipment		5 years

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

Below is a table identifying the intangible assets subject to amortization. At May 31, 2015, management determined that the remaining net book value of its Intellectual property related to the Trendabl Inc. acquisitions should be valued as follows:

Original values of Intangible assets
Purchased intangible assets	$	2,187,251
Estimated future amortization (years)	3 years
Amortization to-date	$	690,610

Original values of Intangible assets
Purchased intangible assets	$	449,813
Estimated future amortization (years)	3 years
Amortization to-date	$	18,743

Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

The following table presents assets that were measured and recognized at fair value as of May 31, 2015 and 2014 and the quarters then ended on a recurring and nonrecurring basis:

Total

Realized

Description

Level 1

Level 2

Level 3

Loss

—

Totals

—

MyGO Games Holding Co. 10-Q