Derivative Liabilities (Tables)

12 Months Ended

Nov. 30, 2014

Notes to Financial Statements

Embedded Derivative Instruments

Activity for embedded derivative instruments during the year ended November 30, 2014 was as follows:

			Initial valuation
			of derivative
			liabilities upon		Change in			Exercise of
	Balance at		issuance of new		fair value of			stock		Conversion			Balance at
	November 30,		securities during		derivative			options/		of debt to			November
	2013		the period		liabilities			warrants		equity			30, 2014
Variable convertible debt	$	1,467,182	$	230,837	$	(956,277	)	$	—	$	(213,961	)	$	527,781
Tainted convertible debt		139,953		155,179		(188,886	)		—		—			106,246
Tainted stock options		—		—		—			—		—			—
Tainted warrants		198,035		—		(192,723	)		—		—			5,312
	$	1,805,170	$	386,016	$	(1,337,886	)	$	—	$	(213,961	)	$	639,339

Activity for embedded derivative instruments during the year ended November 30, 2013 was as follows:

			Initial valuation
			of derivative
			liabilities upon			Change in			Exercise of
	Balance at		issuance of new			fair value of			stock		Conversion			Balance at
	November 30,		securities during			derivative			options/		of debt to			November
	2012		the period			liabilities			warrants		equity			30, 2013
Variable convertible debt	$	361,760	$	3,053,408		$	(661,319	)	$	—	$	(1,286,667	)	$	1,467,182
Tainted convertible debt		264,189					(83,036	)		—		(207,272	)		139,953
Tainted stock options		—		—						—		—
Tainted warrants		27,973		(163,169	)		6,893					—			198,035
	$	653,922	$	3,216,577		$	(571,390	)	$	—	$	(1,493,939	)	$	1,805,170