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5. Intangible Assets
12 Months Ended
Aug. 31, 2016
Notes  
5. Intangible Assets

5.             INTANGIBLE ASSETS

 

A summary of intangible assets as of August 31, 2016 and 2015 follows:

 

 

 

2016

 

2015

Patent

$  850,000

 

$  850,000

Other

43,655

 

43,655

 

893,655

 

893,655

Accumulated amortization

(743,112)

 

(670,405)

 

 

 

 

Net book value

$  150,543

 

$  223,250