Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY (Details)

v2.4.0.8
SHAREHOLDERS' EQUITY (Details) (USD $)
6 Months Ended
Feb. 28, 2014
Number of options  
Outstanding, beginning 347,500
Granted 32,500
Exercised   
Forfeited or expired   
Outstanding, ending 380,000
Exercisable 247,500
Weighted average exercise price  
Outstanding, beginning $ 5.62
Granted $ 6.08
Exercised   
Forfeited or expired   
Outstanding, ending $ 5.66
Exercisable $ 5.67
Weighted average remaining contractual term  
Outstanding, ending 6 years 10 months 20 days
Exercisable 5 years 2 months 8 days
Approximate aggregate intrinsic value  
Outstanding, ending $ 506,415
Exercisable $ 587,825