Quarterly report pursuant to Section 13 or 15(d)

1. PRESENTATION OF INTERIM INFORMATION (Details Narrative)

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1. PRESENTATION OF INTERIM INFORMATION (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Interest imputed on the Tap Participation Fee payable to HP A&M $ 0 $ 248,847 $ 23,816 $ 1,309,085
Water tap fees recognized 3,574 3,574 10,721 10,721
Special facility (deferred construction) funding recognized $ 10,377 $ 10,377 $ 31,131 $ 31,131
Antidilutive securities excluded from earnings per share calculation     328,600 380,100