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Note 7 - China Operations (Tables) | 12 Months Ended
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Aug. 31, 2016
Notes Tables |
Equity Method Investments [Table Text Block] |
|  | Investment
Equity method investment – August 31, 2015 |  | $ | 2,243,524 |
Equity in earnings – fiscal year 2016 |  |  | 132,824 |
Reclassification of translation gains on foreign currency translation |  |  | (492,680 | )
Recording the impairment of the cost basis investment |  |  | (1,883,668 | )
Investment at carrying value – August 31, 2016 |  | $ | - |

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