Quarterly report pursuant to Section 13 or 15(d)

5. SHAREHOLDERS' EQUITY (Details 1)

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5. SHAREHOLDERS' EQUITY (Details 1)
3 Months Ended
Nov. 30, 2017
$ / shares
shares
Number of options  
Outstanding, beginning | shares 147,500
Granted | shares 50,000
Vested | shares (36,668)
Forfeited | shares 0
Outstanding, ending | shares 160,832
Weighted average grant date fair value  
Outstanding, beginning | $ / shares $ 3.64
Granted | $ / shares 5.17
Vested | $ / shares 3.73
Forfeited | $ / shares 0.00
Outstanding, ending | $ / shares $ 4.10