XML 71 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Subsequent Events
12 Months Ended
Nov. 30, 2012
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

Note 18– Subsequent Events

 

Conversion of Debentures and Exercise of Stock Warrants

 

During the period subsequent to November 30, 2012 through the date of issuance of the consolidated financial statements, LJCI converted $1,510 of the debenture with La Jolla Cove Investors (see Note 6) into 184,404,556 shares of common stock. Simultaneously with these conversions, LJCI exercised warrants to purchase 151,000 shares of the Company’s common stock. Proceeds from the exercise of the warrants were $164,590.