Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY (Details 1)

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SHAREHOLDERS' EQUITY (Details 1) (USD $)
9 Months Ended
May 31, 2014
Number of options  
Outstanding, beginning 132,500
Granted 32,500
Vested (32,500)
Forfeited 0
Outstanding, ending 132,500
Weighted average grant date fair value  
Outstanding, beginning $ 3.80
Granted $ 4.09
Vested $ 2.36
Forfeited $ 0
Outstanding, ending $ 4.22