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Compensation Related Costs, Retirement Benefits
12 Months Ended
Aug. 31, 2012
Compensation Related Costs, Retirement Benefits  
Pension and Other Postretirement Benefits Disclosure [Text Block]

12.          PENSION AND PROFIT-SHARING PLANS

 

The Company has a deferred compensation 401(k) plan for all employees with at least 12 months of service pending a semi-annual enrollment time.  The plan allows for a non-elective discretionary contribution based on the first $60,000 of eligible compensation. For the years ended August 31, 2012 and 2011 the 401(k) compensation expense was $186,906 and $53,432, respectively.