XML 12 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
Nov. 30, 2015
Nov. 30, 2014
Current assets:    
Cash and cash equivalents $ 8,978 $ 1,832
Accounts receivable, net of allowance of $98,739 in 2015 7,183
Inventory 127,650
Restricted securities 220,000 1,040,000
Prepaid expenses and other current assets 1,915 3,337
Total current assets 365,726 1,045,169
Equipment and leasehold improvements, net 18,817  
Restricted cash 60,000  
Other assets 7,119
Total assets 444,543 1,052,288
Current liabilities:    
Current portion of long-term debt, net of discounts of $491,027 and $189,270 ,respectively 2,932,018 4,631,122
Accounts payable and other current liabilities 1,622,649 1,922,748
Accounts payable and other current liabilities - related party 431,313 410,333
Due to Pension Benefit Guaranty Corporation 2,104,410 2,001,984
Deposits payable 147,890 43,476
Sales tax payable 28,665
Related party debt 1,178,311 804,078
Derivative liabilities 692,212 639,339
Total current liabilities 9,137,468 10,453,080
Long-term debt less current portion 409,614
Total liabilities 9,547,082 10,453,080
Stockholders' deficit:    
Common stock, $0.00001 par value; 8,978,999,990 shares authorized, 3,652,005,709 and 1,194,549,997 shares issued and outstanding 36,520 11,945
Capital in excess of par value 42,448,241 41,750,912
Accumulated other comprehensive income 601,183
Accumulated Deficit (51,379,820) (51,764,832)
Total Pervasip Corp. stockholder's deficit (8,894,853) (9,400,792)
Noncontrolling interest in subsidiaries (208,396)
Total stockholders deficit (9,103,249) (9,400,792)
Total liabilities and stockholders' deficit 444,543 $ 1,052,288
Series I Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock 710  
Convertible Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock  
Series D Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock  
Series E Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock  
Series F Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock 100  
Series G Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock 100  
Series H Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock $ 6