Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Details 1)

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SHAREHOLDERS' EQUITY (Details 1) - $ / shares
12 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Aug. 31, 2013
Number of options      
Outstanding, beginning 99,167    
Granted 26,000    
Vested (65,834)    
Forfeited 0    
Outstanding, ending 59,333 99,167  
Weighted average grant date fair value      
Outstanding, beginning $ 4.85    
Granted 2.78 $ 4.09 $ 3.80
Vested 4.26    
Forfeited 0    
Outstanding, ending $ 4.59 $ 4.85