Quarterly report pursuant to Section 13 or 15(d)

ACCRUED LIABILITIES

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ACCRUED LIABILITIES
9 Months Ended
May 31, 2018
ACCRUED LIABILITIES [Abstract]  
ACCRUED LIABILITIES
NOTE 8 – ACCRUED LIABILITIES

At May 31, 2018, the Company had accrued liabilities of $379,300, of which $4,900 was for estimated property taxes, $68,000 was for professional fees, and $306,400 was for operating payables.

At August 31, 2017, the Company had accrued liabilities of $380,900, of which $265,000 was for accrued compensation, $5,000 was for estimated property taxes, $48,500 was for professional fees, and the remaining $62,400 was related to operating payables.