Quarterly report pursuant to Section 13 or 15(d)

2. FAIR VALUE MEASUREMENTS (Details)

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2. FAIR VALUE MEASUREMENTS (Details) - USD ($)
Nov. 30, 2017
Aug. 31, 2017
Certificates of deposit $ 12,703,872 $ 12,673,700
U.S. Treasuries 8,237,089 7,381,700
Subtotal 20,940,961 20,055,400
Long-term investments 187,945 187,975
Total 21,128,961 20,243,400
Cost/Other Value    
Certificates of deposit 12,711,261 12,694,500
U.S. Treasuries 8,221,183 7,372,000
Subtotal 20,932,444 20,066,500
Long-term investments 187,945 187,975
Total 21,120,444 20,254,500
Level 1    
Certificates of deposit 0 0
U.S. Treasuries 0 0
Subtotal 0 0
Long-term investments 0 0
Total 0 0
Level 2    
Certificates of deposit 12,703,872 12,673,700
U.S. Treasuries 8,237,089 7,381,700
Subtotal 20,940,961 20,055,400
Long-term investments 187,945 187,975
Total 21,128,961 20,243,400
Level 3    
Certificates of deposit 0 0
U.S. Treasuries 0 0
Subtotal 0 0
Long-term investments 0 0
Total 0 0
Accumulated Unrealized Gains and (Losses)    
Certificates of deposit (7,389) (20,800)
U.S. Treasuries 15,906 9,700
Subtotal 8,517 (11,200)
Long-term investments 0 0
Total $ 8,517 $ (11,100)