Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)

v3.5.0.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
12 Months Ended
Aug. 31, 2016
USD ($)
shares
gal
Aug. 31, 2015
USD ($)
shares
gal
Aug. 31, 2014
USD ($)
shares
gal
Water delivered to customers | gal 33,900,000 97,500,000 190,100,000
Water tap fees recognized $ 14,294 $ 14,294 $ 14,294
Special facility (deferred construction) funding recognized $ 41,508 $ 41,508 $ 41,508
Antidilutive securities excluded from earnings per share calculation | shares 338,100 312,100 315,100
Interest $ 0 $ 441,400 $ 310,400
Allowance for uncollectible accounts 0 0  
Stock-based compensation expense 219,886 239,986 251,915
Oil And Gas Lease      
Royalty revenue 343,600 412,600  
Lease revenue from up-front payments 360,800 $ 645,700 $ 525,400
Deferred revenue recognizable $ 19,000