General form of registration statement for all companies including face-amount certificate companies

INCOME TAXES (Tables)

v2.4.0.6
INCOME TAXES (Tables)
12 Months Ended
Nov. 30, 2012
Summary of Tax Credit Carryforwards [Table Text Block]
  2025 $   188,494  
  2026 $   609,991  
  2027 $   1,731,495  
  2028 $   3,174,989  
  2029 $   2,792,560  
  2030 $   2,044,857  
  2031 $   854,218  
  2032 $   1,056,516  
    $   12,453,120  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
  Federal statutory income tax rate 35.0%
  Deferred tax asset valuation allowance ( 35.0)%
  Effective rate ( 0.0)%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
      2012     2011  
  Operating losses available to offset future income-taxes $   12,453,120   $   11,387,337  
               
  Expected Income tax recovery at statutory rate of 35% (2011: 35.0%) $   (4,358,592 ) $   (3,985,568 )
  Valuation Allowance $   4,358,592   $   3,985,568  
  Net deferred tax assets   -     -