INCOME TAXES (Tables)

12 Months Ended

Aug. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

For the years ended August 31, 2021, and 2020, the benefit for income taxes differed from the amounts computed by applying the statutory federal income tax rate at which rate the tax benefits is expected to occur. The reconciliation is as follows:

	Years Ended August 31
	2021			2020
Benefit computed at statutory rate	$	147,000		$	138,000
State tax (benefit), net of federal affect		30,000			28,000
Permanent differences (primarily change in fair value of derivative liability)		2,000			(3,000	)
Increase in valuation allowance		(179,000	)		(163,000	)
Net income tax benefit	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The net deferral tax asset is as follows:

	Years Ended August 31
	2021			2020
Net operating loss carry-forward	$	1,514,000		$	1,335,000
Accrued compensation		364,000			364,000
Valuation allowance		(1,878,000	)		(1,699,000	)
Net deferred tax asset	$	-		$	-