Derivative Liabilities (Tables)

12 Months Ended

Nov. 30, 2015

Notes to Financial Statements

Embedded Derivative Instruments

Activity for embedded derivative instruments during the year ended November 30, 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			Debt			of debt to			November 30,
	2014		the period		liabilities			Forgiveness			equity			2015
Variable convertible debt	$	527,781	$	81,792	$	2,246,080		$	(1,153,545	)	$	(1,535,614	)	$	166,494
Redeemable convertible preferred stock		—		275,000		137,500									412,500
Tainted convertible debt		106,246		118,790		(130,018	)		—			—			95,018
Tainted stock options		—		—					—			—
Tainted warrants		5,312		2,000		10,888						—			18,200
	$	639,339	$	477,582	$	2,264,450		$	(1,154,545	)	$	(1,535,614	)	$	692,212

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 30,
	2013		the period		liabilities			Warrants		equity			2014
Variable convertible debt	$	1,467,182	$	230,837	$	(56,277	)	$	—	$	(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