Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME (LOSS)

v3.5.0.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME (LOSS) - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Comprehensive Income (Loss)
Collateral Stock
Accumulated Deficit
Total
Balance, beginning at Aug. 31, 2013 $ 433 $ 80,130 $ 115,224,946 $ 0 $ 0 $ (77,533,034) $ 37,772,475
Balance, beginning shares at Aug. 31, 2013 432,513 24,037,598          
Share-based compensation     251,915       251,915
Exercise of options             0
Reduction in TPF due to remedies under the Arkansas River Agreement     53,317,535       53,317,535
Net loss           (311,444) (311,444)
Unrealized holding gain on investments             0
Balance, ending at Aug. 31, 2014 $ 433 $ 80,130 168,794,396 0 0 (77,844,478) 91,030,481
Balance, ending, 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