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Post Balance Sheet Events
9 Months Ended
Aug. 31, 2011
Notes to Financial Statements 
Post Balance Sheet Events

 

From the period September 1, 2011 to October 10, 2011 we issued 18,090,652 shares of common stock valued at $277,390 to settle debt of $171,500 and 1,000,000 shares valued at $14,000 for a consulting agreement.

 

On September 21, 2011, we sold for $20,000, an 8% convertible promissory note due September 12, 2012, that allows the holder to convert the loan into shares of our common stock at a 30% discount to the 5-day average closing price of our common stock.