Accounts Payable and Accrued Expenses

12 Months Ended

Nov. 30, 2014

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

4. Accounts Payable and Accrued Expenses

	2014		2013
Trade payables	$	611,799	$	807,737
Amounts owed to related parties		410,333		343,401
Payable from sale of subsidiaries		796,499		796,499
Customer deposits		43,476		132,293
Other, individually less than 5% of current liabilities		514,450		651,072
	$	2,376,557	$	2,730,638

When the Company sold certain subsidiaries in December 2006, the Company agreed to reimburse the purchaser for certain disputed claims on the books of the subsidiaries if the sold subsidiaries were required to pay such claims.  At November 30, 2014 and 2013, the Company has recorded a payable of $796,499 in conjunction with the sale of the subsidiaries. One subsidiary filed for bankruptcy on September 23, 2008, which is still ongoing. If the disputed claims are reduced or are not paid by the subsidiaries, and the Company obtains appropriate documentation that the Company’s liability has been reduced or eliminated, such reduction will be reflected on the books of the Company.