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17. Subsequent Events
6 Months Ended
Feb. 28, 2015
Notes  
17. Subsequent Events

17.          SUBSEQUENT EVENTS

 

a)            Subsequent to the quarter ended February 28, 2015, the Company increased its line of credit from $1,000,000 to $3,000,000.

 

b)            During the month of March 2015, the Company re-purchased and is in the process of cancelling a total of 1,103 shares of its common stock pursuant to the Company’s 10b5-1 share re-purchase plan, previously announced on February 11, 2015.  The total cost was $11,406 at an average share price of $10.34 per share.