Note 4 - Discontinued Operations

6 Months Ended

May 31, 2019

Notes to Financial Statements

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

4 ) Discontinued Operations

Effective

October 31, 2016,

the Company discontinued the operations of its Vessels segment in order to focus its efforts and resources on the business segments that have historically been more successful and that are expected to present greater opportunities for meaningful long-term shareholder returns. On

March 29, 2018,

the remaining assets of Vessels, consisting of real estate assets, were disposed of at a selling price of

$1,500,000.

As Vessels was a unique business unit of the Company, its liquidation was a strategic shift. In accordance with ASC Topic

360,

the Company has classified Vessels as discontinued operations for all periods presented.

Income (loss) from discontinued operations, before tax in the accompanying Condensed Consolidated Statements of Operations is comprised of the following:

	Three Months Ended
	May 31, 2018
Revenue from external customers	$	-
Gross Profit		-
Operating Expense		7,019
Income (loss) from operations		(7,019	)
Income (loss) before tax		(15,587	)

	Six Months Ended
	May 31, 2018
Revenue from external customers	$	-
Gross Profit		-
Operating Expense		51,133
Income (loss) from operations		(51,133	)
Income (loss) before tax		(67,177	)

There were

no

components of discontinued operations in the accompanying Condensed Consolidated Balance Sheets as of

May 31, 2019

or

November 30, 2018.