SUBSEQUENT EVENTS

3 Months Ended

Feb. 28, 2014

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 11. SUBSEQUENT EVENTS

Stock Issued for Conversion of Debenture and Exercise of Warrants

As more fully discussed in Note 3 to these condensed consolidated financial statements, MultiCell sold the Debenture to LJCI and issued LJCI a stock warrant in connection with the Debenture. During the period subsequent to February 28, 2014 through the date of issuance of the condensed consolidated financial statements, LJCI converted $2,800 of the Debenture into 579,053,333 shares of the Company’s common stock. Simultaneously with the conversions of the Debenture, LJCI was required to exercise warrants to purchase 280,000 shares of the Company’s common stock at $1.09 per share. The total proceeds from the exercise of the warrants were $305,200.