Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

v3.8.0.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Comprehensive Income (Loss)
Collateral Stock
Accumulated Deficit
Total
Balance, beginning at Aug. 31, 2014 $ 433 $ 80,130 $ 168,794,396 $ 0 $ 0 $ (77,844,478) $ 91,030,481
Balance, beginning shares at Aug. 31, 2014 432,513 24,037,598          
Share-based compensation     239,986       239,986
Exercise of options   $ 55 48,770       48,825
Exercise of options, shares   16,500          
Reduction in TPF due to remedies under the Arkansas River Agreement     3,301,203       3,301,203
Collateral stock         (1,407,000)   (1,407,000)
Net loss           (23,127,947) (23,127,947)
Unrealized holding gain on investments             0
Balance, ending at Aug. 31, 2015 $ 433 $ 80,185 172,384,355 0 (1,407,000) (100,972,425) 70,085,548
Balance, ending, shares at Aug. 31, 2015 432,513 24,054,098          
Share-based compensation     219,886       219,886
Exercise of options             $ 0
Exercise of options, shares             0
Collateral stock retired   $ (1,000) (1,406,000)   1,407,000   $ 0
Collateral stock retired, shares   (300,000)          
Net loss           (1,310,607) (1,310,607)
Unrealized holding gain on investments       3,122     3,122
Balance, ending at Aug. 31, 2016 $ 433 $ 79,185 171,198,241 3,122 0 (102,283,032) 68,997,949
Balance, ending, shares at Aug. 31, 2016 432,513 23,754,098          
Share-based compensation     233,245       233,245
Exercise of options             $ 0
Exercise of options, shares             0
Net loss           (1,710,868) $ (1,710,868)
Unrealized holding gain on investments       (14,227)     (14,227)
Balance, ending at Aug. 31, 2017 $ 433 $ 79,185 $ 171,431,486 $ (11,105) $ 0 $ (103,993,900) $ 67,506,099
Balance, ending, shares at Aug. 31, 2017 432,513 23,754,098