2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Aug. 31, 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 I		Level II		Level III		Total
Cash and cash equivalents	$	10,179,298	$	–	$	–	$	10,179,298
Total assets	$	10,179,298	$	–	$	–	$	10,179,298

Components of basic and diluted earnings per share

	2013		2012
Numerator
Net income attributable to common shareholders	$	3,141,384	$	3,027,884
Denominator
Weighted-average number of common shares outstanding during the year		15,996,432		15,763,674
Dilutive effect of stock options		323,551		388,199
Common stock and common stock equivalents used for diluted earnings per share		16,319,983		16,151,873