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Acquisition of Game under Development
12 Months Ended
Nov. 30, 2011
Business Combinations  
Mergers, Acquisitions and Dispositions Disclosures [Text Block]

NOTE 4 - ACQUISITION OF GAME UNDER DEVELOPMENT

 

On May 1, 2011, a set of software for an online game still under development and known as Demon Immortal was transferred from Kopere Limited to Surna HK. Kopere is majority-owned by Cherry Ping-Wai Lim. Therefore, Kopere is related to but not under majority common control with Surna HK. The transfer price of Demon Immortal was agreed at $769,231 (HKD 6 million), which is shown as an amount due to a related party and corresponding compensation expense.