At February 28, 2017, the Company had accrued liabilities of $100,100, of which $10,000 was for estimated property taxes, $49,500 was for professional fees, and $40,600 was for operating payables.

At August 31, 2016, the Company had accrued liabilities of $242,600, of which $160,000 was for accrued compensation, $5,700 was for estimated property taxes, $48,000 was for professional fees and the remaining $28,900 was related to operating payables.