Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
9 Months Ended
Aug. 31, 2017
SUBSEQUENT EVENTS [Text Block]
13.

SUBSEQUENT EVENTS

In September 2017, the Company made the first share issuance to NEIP under the renewed consulting agreement effective May 1, 2017. The Company issued 498,423 common shares at a price of $0.125 per share to satisfy the payment of $62,500 due for the period May1, 2017 to July 31, 2017, on August 15, 2017. The shares are subject to a four-month hold period. Northeast Industrial Partners is controlled by Bryan Ganz, who was appointed to the board of directors of SDI after the consulting agreement was entered.

Effective September 7, 2017, Keith Morrison and Karim Kanji resigned as members of the Board of directors.

Effective October 1, 2017, the Company appointed Paul Jensen as President and COO of the Company at a compensation of $200,000 per annum. From October 1, 2017 through June 30, 2018, the salary is payable entirely by issue of Company stock, to be issued 15 days after the end of each calendar quarter. Commencing July 1, 2018, the Company will pay $10,000 per month in cash and the balance in Company stock. At such time the Company can pay the entire salary in cash and be cash positive, the entire monthly salary will be paid in cash.

On October 6, 2017 the Company filed with the Secretary of the State of Delaware a certificate of amendment (the “Amendment”) to the Company’s certificate of incorporation. The Amendment increased the number of authorized shares of the Company’s common stock, par value $0.001, from 100,000,000 to 200,000,000 common shares.