Net Income (Loss) Per Common Share

12 Months Ended

Nov. 30, 2015

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

11. 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.

	2015		2014
Net income (loss) – numerator basic	$	385,012	$	(458,798	)
Interest expense attributable to convertible notes, net		492,619		—
Net income plus interest expense attributable to convertible notes, net – numerator diluted	$	877,631	$	(458,798	)
Weighted average common shares outstanding – denominator basic		3,079,122,127		980,488,901
Effect of dilutive securities, stock options and preferred stock		19,348,398,575		—
Weighted average dilutive common shares outstanding		22,427,520,702		980,488,901
Net income per common share – basic	$	0.00	$	0.00
Net income per common share – diluted	$	0.00	$	0.00