Quarterly report pursuant to Section 13 or 15(d)

ACCRUED LIABILITIES

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ACCRUED LIABILITIES
3 Months Ended
Nov. 30, 2018
ACCRUED LIABILITIES [Abstract]  
ACCRUED LIABILITIES
NOTE 8 – ACCRUED LIABILITIES

At November 30, 2018, the Company had accrued liabilities of $259,200, of which $38,800 was for estimated property taxes, $34,600 was for professional fees, and $185,800 was for operating payables.

At August 31, 2018, the Company had accrued liabilities of $849,500, of which $400,000 was for accrued compensation, $29,000 was for estimated property taxes, $59,000 was for professional fees and the remaining $361,500 was related to operating payables.