Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.5.0.2
STOCK BASED COMPENSATION (Tables)
 9 Months Ended
Aug. 31, 2016
Schedule of Share-based Compensation and Assumptions as of September 24, 2015 [Table Text Block]
  Risk free rate 2.00%
  Expected dividends 0%
  Forfeiture rate 0%
  Volatility 17.29% to 134.39%
  Warrant modification expense $216,684
Schedule of Share-based Compensation and Assumptions as of October 20, 2015 [Table Text Block]
  Risk free rate 2.00%
  Expected dividends 0%
  Forfeiture rate 0%
  Volatility 134.39%
  Market price of Company’s common stock on date of grant of options $0.29
  Stock-based compensation cost $422,459
Schedule of Share-based Compensation and Assumptions as of August 18, 2016 [Table Text Block]
  Risk free rate 2.00%
  Expected dividends 0%
  Forfeiture rate 0%
  Volatility 163.68%
  Market price of Company’s common stock on date of grant of options $0.11
  Stock-based compensation cost $2,574