5. PAYABLE TO RELATED PARTIES AND OTHERS

6 Months Ended

May 31, 2013

Related Party Transactions [Abstract]

5. PAYABLE TO RELATED PARTIES AND OTHERS

NOTE 5 - PAYABLE TO RELATED PARTIES AND OTHERS

Payable to related parties and others is comprised of the following:

	As at November 30, 2012		As at May 31, 2013
Softdiffusion SA (stockholder)	$	49,333	$	50,933
Nalini Khetia (non-related party)		—		68,250
Michel G. Laporte (stockholder and Director)		172,389		631,520
World Asset Management Inc. (stockholder)		1,396,277		1,444,277
	$	1,617,999	$	2,194,980

The related party payables and others bear interest at a rate of 8% per annum, are unsecured and repayable on demand. Interest expense incurred during the three and six months ended May 31, 2013 was $28,465 and $60,625, respectively (three and six months ended May 31, 2012 - $21,640 and $31,040, respectively). Accrued interest of $147,999 and $207,465 was included in the above balances as at November 30, 2012 and May 31, 2013, respectively.