At November 30, 2016, the Company had accrued liabilities of $63,700, of which $7,900 was for estimated property taxes, $24,500 was for professional fees, and $31,400 was for operating payables.

At August 31, 2016, the Company had accrued liabilities of $242,600, of which $160,000 was for accrued compensation, $5,700 was for estimated property taxes, $48,000 was for professional fees and the remaining $28,900 was related to operating payables.