Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Shareholders' Equity (Tables)

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Note 5 - Shareholders' Equity (Tables)
 6 Months Ended
Feb. 28, 2013
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   
Number of Options
   
Weighted-Average Exercise Price
   
Weighted-Average Remaining Contractual Term
   
Approximate Aggregate Instrinsic Value
 
Oustanding at beginning of period (Aug. 31, 2012)
    215,000     $ 5.88              
Granted
    32,500       3.15              
Exercised
    -       -              
Forfeited or expired
    -       -              
Outstanding at February 28, 2013
    247,500       5.52       6.4     $ 161,475  
Options exercisable at February 28, 2013
    205,000     $ 6.03       5.5     $ 114,165  
Schedule of Nonvested Share Activity [Table Text Block]
   
Number of
Options
   
Weighted-
Average Grant
Date Fair
Value
 
Non-vested options oustanding at beginning of period
    22,500     $ 1.72  
Granted
    32,500       2.36  
Vested
    (12,500 )     1.50  
Forfeited
    -       -  
Options not vested at February 28, 2013
    42,500     $ 2.28