EQUITY (Tables)

3 Months Ended

Nov. 30, 2019

Equity [Abstract]

Summary of activity warrants outstanding

			Weighted		Weighted
	Number of		Average		Average
	shares		Exercise Price		Life (years)
Outstanding, August 31, 2019		2,334,937	$	8.15		4.14
Granted		—		—		—
Forfeited		—		—		—
Exercised		—		—		—
Outstanding, November 30, 2019		2,334,937	$	8.15		3.89

Summary of stock option activity

	Options Outstanding
	Number of		Weighted Average		Weighted Average
	Options		Exercise Price		Remaining life
					(years)
Outstanding, August 31, 2019		234,000	$	3.88	$	9.78
Granted		—		—		—
Exercised		—		—		—
Forfeited/canceled		—		—		—
Outstanding, November 30, 2019		234,000	$	3.88	$	9.53

Summary of exercisable stock options outstanding

Options Outstanding						Options Exercisable
Number of		Weighted Average Remaining		Weighted Average		Number of		Weighted Average
Options		Contractual life (in years)		Exercise Price		Shares		Exercise Price
	50,000		8.72	$	10.80		25,182	$	10.80
	2,500		9.64	$	3.12		2,500	$	3.12
	181,500		9.75	$	1.99		4,689	$	1.99