Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Details 1)

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SHAREHOLDERS' EQUITY (Details 1) (USD $)
12 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2011
Weighted average grant date fair value      
Granted $ 3.80 $ 1.23 $ 3.11
Stock Options
     
Number of options      
Outstanding, beginning 22,500    
Granted 132,500    
Vested (22,500)    
Forfeited       
Outstanding, ending 132,500    
Weighted average grant date fair value      
Outstanding, beginning $ 1.72    
Granted $ 3.80    
Vested $ 1.72    
Forfeited       
Outstanding, ending $ 3.80