Accounts Payable and Accrued Expenses	3 Months Ended
May 31, 2012
Notes to Financial Statements
Accounts Payable and Accrued Expenses	Note 8 – Accounts Payable and Accrued Expenses When we sold certain subsidiaries in December 2006, we agreed to reimburse the purchaser for certain disputed claims on the books of the subsidiaries, if the sold subsidiaries were required to pay such claims. At May 31, 2012 and November 30, 2011, we have recorded a payable of $796,499 in conjunction with the sale of the subsidiaries. If claims are reduced or eliminated by the subsidiaries, and the purchaser provides us with appropriate documentation that the Company’s liability has been reduced, such reduction will be reflected on our books. At May 31, 2012 and November 30, 2011 we owed an investor $573,000 and $100,000, respectively, pursuant to a stock subscription agreement whereby we are required to either issue shares of restricted common stock to the investor at a price of $0.02 per share or refund to the investor the amount received. As of July 16, 2012, we had not issued the shares to the investor or refunded the amount. The investor has also advanced to us additional cash of $20,000 during the period June 1, 2012 to July 16, 2012.

Accounts Payable and Accrued Expenses

3 Months Ended

May 31, 2012

Note 8 – Accounts Payable and Accrued Expenses

When we sold certain subsidiaries in December 2006, we agreed to reimburse the purchaser for certain disputed claims on the books of the subsidiaries, if the sold subsidiaries were required to pay such claims. At May 31, 2012 and November 30, 2011, we have recorded a payable of $796,499 in conjunction with the sale of the subsidiaries. If claims are reduced or eliminated by the subsidiaries, and the purchaser provides us with appropriate documentation that the Company’s liability has been reduced, such reduction will be reflected on our books.

At May 31, 2012 and November 30, 2011 we owed an investor $573,000 and $100,000, respectively, pursuant to a stock subscription agreement whereby we are required to either issue shares of restricted common stock to the investor at a price of $0.02 per share or refund to the investor the amount received. As of July 16, 2012, we had not issued the shares to the investor or refunded the amount. The investor has also advanced to us additional cash of $20,000 during the period June 1, 2012 to July 16, 2012.