Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Intangible Assets (Tables)

v3.5.0.2
Note 6 - Intangible Assets (Tables)
9 Months Ended
May 31, 2016
Disclosure Text Block [Abstract]  
Schedule of Indefinite-Lived Intangible Assets [Table Text Block] The following table summarizes the Company’s intangible assets, net as of May 31, 2016 and August 31, 2015. Trade secrets and trade names are not considered finite lived assets, and accordingly are not amortized:

   
May 31, 2016
   
August 31, 2015
 
             
Trade secrets
 
$
188,824
   
$
-
 
Trade name
   
58,007
     
-
 
Intangible assets, gross
   
246,381
     
-
 
Impairment of intangible assets
   
165,131
     
-
 
 Intangible assets, net
 
$
81,700
   
$
-