Note 10 - Related Party Transactions

12 Months Ended

Nov. 30, 2015

(10)

Related Party Transactions

During fiscal years 2015 and 2014, the Company recognized revenues of $32,000 and $59,000, respectively, with a related party. On November 30, 2015, the accounts receivable balance contains $9,600 due from a related party, compared to $0 as of November 30, 2014.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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