Net Income (Loss) Per Common Share

12 Months Ended

Nov. 30, 2014

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

12. Net Earnings Per Common Share

Basic net income per share is computed by dividing net income available to common stockholders (numerator) by the weighted average number of vested, unrestricted common shares outstanding during the period (denominator). Diluted net income per share is computed on the basis of the weighted average number of shares of common stock outstanding plus the effect of dilutive potential common shares outstanding during the period using the if-converted method. Dilutive potential common shares include shares issuable upon exercise of outstanding stock options, warrants and convertible debt agreements.

	2014			2013
Net income – numerator basic	$	(458,798	)	$	443,657
Interest expense attributable to convertible notes, net		—			471,975
Net income plus interest expense attributable to convertible notes, net – numerator diluted	$	(458,798	)	$	915,632
Weighted average common shares outstanding – denominator basic		980,488,901			633,006,599
Effect of dilutive securities, stock options and preferred stock		—			1,197,661,667
Weighted average dilutive common shares outstanding		980,488,901			1,830,668,266
Net income per common share – basic	$	0.00		$	0.00
Net income per common share – diluted	$	0.00		$	0.00