Net Income (Loss) Per Common Share

3 Months Ended

Feb. 29, 2016

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

Note 5 – Net Income (Loss) Per Common Share

Basic net income (loss) per share is computed by dividing net income available to common stockholders (numerator) by the weighted average number of vested, common shares outstanding during the period (denominator). Diluted net income (loss) 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.

	Three Months Ended February 29, 2016			Three Months Ended February 28, 2015
Net income (loss) attributable to common stockholders – basic	$	(136,008	)	$	(1,989,982	)
Adjustments to net loss		—			—
Net income (loss) attributable to common stockholders - diluted	$	(136,008	)	$	(1,989,982	)
Weighted average common shares outstanding - basic		3,652,005,709			1,666,509,278
Effect of dilutive securities		—			—
Weighted average common shares outstanding – diluted		3,652,005,709			1,666,509,278
Earnings (loss) per common share - basic	$	0.00		$	(0.00	)
Earnings (loss) per common share - diluted	$	0.00		$	(0.00	)

Approximately 21,082,129,000 and 11,903,811,000 shares of common stock issuable upon the exercise of outstanding stock options, warrants or convertible debt were excluded from the calculation of net loss per share for the three-month periods ended February 29, 2016 and 2015, respectively, because the effect would be anti-dilutive.