SERIES B CONVERTIBLE PREFERRED STOCK (Tables)

6 Months Ended

May 31, 2013

Series B Convertible Preferred Stock [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The fair value of the conversion feature was estimated at $29,685 ($0.0013 per share of common stock) and $19,245 ($0.0012 per share of common stock) at May 31, 2013 and November 30, 2012, respectively, and has been estimated using the Black-Scholes option-pricing model using the following assumptions:

	May 31, 2013			February 28, 2013			November 30, 2012
Fair value of common stock	$	0.0013		$	0.0037		$	0.0013
Conversion price of preferred stock	$	0.0151		$	0.0190		$	0.0215
Risk free interest rate		2.16	%		1.89	%		1.62	%
Expected life		10 Years			10 Years			10 Years
Dividend yield		-			-			-
Volatility		148	%		147	%		141	%