XML 11 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
Feb. 29, 2016
Nov. 30, 2015
Current assets:    
Cash and cash equivalents $ 1,754 $ 8,978
Accounts receivable 7,183
Inventory 25,000 127,650
Restricted securities 44,000 220,000
Prepaid expenses and other current assets 1,814 1,915
Total current assets 72,568 365,726
Equipment and leasehold improvements, net 18,817
Restricted cash 22,528 60,000
Total assets 95,096 444,543
Current liabilities:    
Current portion of long-term debt, net of discounts of $319,198 and $491,027 at February 28, 2016 and November 30, 2015, respectively 3,063,635 2,932,018
Accounts payable and other current liabilities 1,687,015 1,622,649
Accounts payable and other current liabilities - related party 436,357 431,313
Due to Pension Benefit Guaranty Corporation 2,130,461 2,104,410
Deposits payable 187,889 147,890
Sales tax payable 5,929 28,665
Related party debt 1,377,972 1,178,311
Derivative liabilities 133,293 692,212
Total current liabilities 9,022,551 9,137,468
Long-term debt less current portion 424,589 409,614
Total liabilities 9,447,140 9,547,082
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 in 2016 and 2015, respectively 36,520 36,520
Capital in excess of par value 42,131,635 42,448,241
Accumulated Deficit (51,515,828) (51,379,820)
Accumulated other comprehensive income (loss)  
Total Pervasip Corp. stockholder's deficit (9,347,467) (8,894,853)
Noncontrolling interest in subsidiaries (10,611) (208,396)
Total stockholders deficit (9,358,078) (9,103,249)
Total liabilities and stockholders' deficit 95,096 444,543
Series I Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock 6,034 710
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 100 100
Series H Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock $ 6 $ 6