Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Details 1)

v2.4.0.8
SHAREHOLDERS' EQUITY (Details 1) (USD $)
12 Months Ended
Aug. 31, 2014
Aug. 31, 2013
Aug. 31, 2012
Number of options      
Outstanding, beginning 132,500    
Granted 32,500    
Vested (65,833)    
Forfeited       
Outstanding, ending 99,167 132,500  
Weighted average grant date fair value      
Outstanding, beginning $ 3.80    
Granted $ 4.09 $ 3.80 $ 1.23
Vested $ 2.36    
Forfeited       
Outstanding, ending $ 4.85 $ 3.80