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Note 7. Stock-based Compensation: Schedule of Share-based Compensation, Activity (Tables)
9 Months Ended
May 31, 2013
Tables/Schedules  
Schedule of Share-based Compensation, Activity

A summary of the time-based stock option awards as of May 31, 2013, and changes during the nine months then ended, is as follows:

 

 

Shares

Weighted-

Average

Exercise

Price

Weighted-

Average

Remaining

Contract Term (Years)

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

 

Outstanding at August 31, 2012

 

3,182,239

$

3.54

 

 

 

Granted

 

   360,000

 

1.43

 

 

 

Exercised

 

              -

 

-

 

$

-

Forfeited or expired

 

(227,000)

 

4.00

 

 

 

 

 

 

 

 

 

 

 

Outstanding at May 31, 2013

 

  3,315,239

$

3.28

6.33

$

20,779

 

 

 

 

 

 

 

 

Exercisable at May 31, 2013

 

  2,058,778

$

3.76

5.34

$

11,779