Quarterly report pursuant to Section 13 or 15(d)

1. PRESENTATION OF INTERIM INFORMATION (Details 1)

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1. PRESENTATION OF INTERIM INFORMATION (Details 1) - USD ($)
May 31, 2016
Aug. 31, 2015
Assets:    
Trade accounts receivable, net $ 351,218 $ 307,913
Escrow receivable 0 1,342,250
Land held for sale 450,347 0
Prepaid expenses 0 65,309
Total assets 801,565 1,715,472
Liabilities:    
Accounts payable 135 25,704
Accrued liabilities 3,467 90,725
Deferred revenues 0 900
Total liabilities $ 3,602 $ 117,329