Quarterly report pursuant to Section 13 or 15(d)

5. SHAREHOLDERS' EQUITY (Details 1)

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5. SHAREHOLDERS' EQUITY (Details 1) - 9 months ended May. 31, 2015 - $ / shares
Total
Number of options  
Outstanding, beginning 99,167
Granted 26,000
Vested (32,500)
Forfeited 0
Outstanding, ending 92,667
Weighted average grant date fair value  
Outstanding, beginning $ 4.85
Granted 2.78
Vested 4.19
Forfeited 0
Outstanding, ending $ 4.29