Quarterly report pursuant to Section 13 or 15(d)

1. PRESENTATION OF INTERIM INFORMATION (Details 2)

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1. PRESENTATION OF INTERIM INFORMATION (Details 2) - USD ($)
Feb. 28, 2018
Aug. 31, 2017
Assets    
Deferred tax assets (Deferred revenue)   $ 316,400
Deferred tax assets-Valuation Allowance (Deferred revenue)   (316,400)
Liabilities    
Deferred revenues $ 0 55,800
Deferred revenues, less current portion 0 999,249
Deferred oil and gas lease payment 55,733 0
Deferred oil and gas lease payment, less current portion 88,244 0
Equity    
Accumulated deficit (102,935,300) (103,993,900)
Adjustments Due to ASU 2014-09    
Assets    
Deferred tax assets (Deferred revenue)   (316,400)
Deferred tax assets-Valuation Allowance (Deferred revenue)   316,400
Liabilities    
Deferred revenues   (55,800)
Deferred revenues, less current portion   (999,249)
Equity    
Accumulated deficit   1,055,049
Balance at September 1, 2017    
Assets    
Deferred tax assets (Deferred revenue)   0
Deferred tax assets-Valuation Allowance (Deferred revenue)   0
Liabilities    
Deferred revenues   0
Deferred revenues, less current portion   0
Equity    
Accumulated deficit   $ (102,938,851)
Amounts that would have been reported under ASC 605    
Liabilities    
Deferred revenues 55,800  
Deferred revenues, less current portion 999,249  
Deferred oil and gas lease payment 55,733  
Deferred oil and gas lease payment, less current portion 88,244  
Equity    
Accumulated deficit (103,962,448)  
Effect of Change Higher/(Lower)    
Liabilities    
Deferred revenues (55,800)  
Deferred revenues, less current portion (999,249)  
Deferred oil and gas lease payment 0  
Deferred oil and gas lease payment, less current portion 0  
Equity    
Accumulated deficit $ 1,027,148