Derivative Liabilities (Tables)

3 Months Ended

Feb. 28, 2015

Notes to Financial Statements

Embedded Derivative Instruments

Activity for embedded derivative instruments during the three months ended February 28, 2015 was as follows:

			Initial valuation
			of derivative
			liabilities upon		Change in
	Balance at		issuance of new		fair value of		Conversion			Balance at
	November 30,		securities during		derivative		of			February 28,
	2014		the period		liabilities		debt to equity			2015
Variable convertible debt	$	527,781	$	74,990	$	2,049,033	$	(115,953	)	$	2,535,852
Tainted convertible debt		106,246		—		106,082		—			212,328
Tainted warrants		5,312		2,000		14,625		—			21,937
	$	639,339	$	76,990	$	2,169,741	$	(115,953	)	$	2,770,117

Activity for embedded derivative instruments during the three months ended February 28, 2014 was as follows:

			Initial valuation
			of derivative
			liabilities upon		Change in
	Balance at		issuance of new		fair value of			Conversion			Balance at
	November 30,		securities during		derivative			of			February 28,
	2013		the period		liabilities			debt to equity			2014
Variable convertible debt	$	1,467,182	$	230,837	$	(117,289	)	$	(300,920	)	$	1,279,810
Tainted convertible debt		139,953		—		(121,361	)		—			18,592
Tainted warrants		198,035		—		(15,177	)		—			50,031
	$	1,805,170	$	230,837	$	(253,827	)	$	(300,920	)	$	1,348,433