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Note 7 - China Operations (Tables)

12 Months Ended

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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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

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- References

No definition available.

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