2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Feb. 28, 2013

Accounting Policies [Abstract]

Property and Equipment estimated useful lives

Equipment	5 years
Computer equipment	3 to 7 years
Furniture and fixtures	5 to 7 years
Leasehold improvements	Shorter of life of asset or lease

Assets and liabilities recorded at fair value

Level Input:	Input Definition:
Level I	Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date.
Level II	Inputs, other than quoted prices included in Level I, that are observable for the asset or liability through corroboration with market data at the measurement date.
Level III	Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date.

Summary of fair value measurements by level

	Level I	Level II	Level III	Total
Cash and cash equivalents	$  9,754,861	$           -	$           -	$  9,754,861
Total	$  9,754,861	$           -	$           -	$  9,754,861

Components of basic and diluted earnings per share

		02/28/2013		02/29/2012
Numerator Net income attributable to common shareholders	$	1,648,561	$	1,809,598
Denominator Weighted-average number of common shares      outstanding during the 6 months of FY13 and FY12		15,965,890		15,604,420
Dilutive effect of stock options		339,345		353,238
Common stock and common stock equivalents used for diluted earnings per share		16,305,235		15,957,657