CONVERTIBLE DEBENTURES AND DEFERRED FINANCING COSTS (Tables)
|
9 Months Ended |
Aug. 31, 2017 |
Aug. 31, 2016 |
| Schedule of Convertible Debt [Table Text Block] |
| Convertible Debentures - Face Value |
$ |
1,398,342
|
|
| Proceeds |
$ |
(1,279,773
|
) |
| Deferred financing costs |
|
(190,876
|
) |
| Paid in capital (warrants) |
|
33,583
|
|
| Prepaid expenses |
|
16,681
|
|
| Accrued expenses |
|
21,793
|
|
| Convertible debentures |
|
1,398,592
|
|
|
|
| Schedule of Unsecured Convertible Debentures [Table Text Block] |
| |
|
|
Unsecured |
|
|
Deferred |
|
|
Unsecured |
|
| |
|
|
Convertible |
|
|
financing |
|
|
Convertible |
|
| |
|
|
Debentures |
|
|
costs |
|
|
Debenture (Net) |
|
| |
|
|
$ |
|
|
$ |
|
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Balance as of November 30, 2016 |
|
(1,153,540
|
) |
|
35,769
|
|
|
(1,117,771
|
) |
| |
Exchange for subordinate secured debentures |
|
1,015,026
|
|
|
|
|
|
1,015,026
|
|
| |
Amortization of deferred financing costs |
|
|
|
|
(35,769
|
) |
|
(35,769
|
) |
| |
Repayment of unsecured convertible debentures |
|
66,640
|
|
|
|
|
|
66,640
|
|
| |
Foreign currency translation |
|
(4,251
|
) |
|
|
|
|
(4,251
|
) |
| |
Balance as of August 31, 2017 |
|
(76,125
|
) |
|
-
|
|
|
(76,125
|
) |
|
|
| Schedule of Subordinate Convertible Debentures [Table Text Block] |
| |
|
Subordinate |
|
|
Deferred |
|
|
Subordinate |
|
| |
|
secured |
|
|
financing |
|
|
secured |
|
| |
|
Debentures |
|
|
costs |
|
|
Debentures (Net) |
|
| |
|
|
|
|
|
|
|
|
|
| Balance as of November 30, 2016 |
|
-
|
|
|
-
|
|
|
-
|
|
| Exchange from unsecured convertible debentures |
|
(1,015,026
|
) |
|
-
|
|
|
(1,015,026
|
) |
| Accrued interest converted to subordinate secured debentures |
|
(26,809
|
) |
|
|
|
|
(26,809
|
) |
| Foreign currency translation |
|
(67,995
|
) |
|
-
|
|
|
(67,995
|
) |
| Balance as of August 31, 2017 |
|
(1,109,830
|
) |
|
-
|
|
|
(1,109,830
|
) |
|
|
| Schedule of Secured Convertible Debentures, Allocation of the Purchase [Table Text Block] |
| Convertible Debentures |
$ |
1,500,000
Face
|
|
| |
|
Value |
|
| Proceeds |
$ |
(1,396,842
|
) |
| Embedded conversion feature |
|
889,050
|
|
| Deferred financing costs |
|
(103,158
|
) |
| Convertible debentures |
|
610,950
|
|
|
|
| Schedule Of Derivative Liabilities At Fair Value [Table Text Block] |
| |
|
August 31, |
|
| |
|
2017 |
|
| Derivative liabilities: |
|
|
|
| Embedded derivatives |
$ |
224,637
|
|
|
|
| Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value [Table Text Block] |
| |
|
August 31, |
|
| |
|
2017 |
|
| Common shares linked to derivative liabilities: |
|
|
|
| Embedded derivatives |
|
6,250,000
|
|
|
|
| Schedule of Derivative Intruments, Amounts reflected in Income [Table Text Block] |
| |
|
Nine Months |
|
| |
|
Ended August |
|
| |
|
31, 2017 |
|
| Change in fair value of derivative liabilities: |
|
|
|
| Embedded derivatives |
$ |
664,413
|
|
|
|
| Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used [Table Text Block] |
| |
|
|
August 31,
|
|
| |
|
|
2017
|
|
| |
Underlying price on valuation date |
$ |
0.13
|
|
| |
Contractual conversion rate |
$ |
0.24
|
|
| |
Contractual term to maturity |
|
22
months
|
|
| |
Market volatility |
|
80.45%
|
|
| |
Contractual interest rate |
|
10.00%
|
|
|
| |
|
|
December
|
|
| |
|
|
7, 2016
|
|
| |
Underlying price on valuation date |
$ |
0.22
|
|
| |
Contractual conversion rate |
$ |
0.24
|
|
| |
Contractual term to maturity |
|
2.50
Years
|
|
| |
Market volatility |
|
110%
|
|
| |
Contractual interest rate |
|
10.00%
|
|
|
| Schedule Of Derivative Instruments [Table Text Block] |
| |
|
|
Nine |
|
| |
|
|
Months |
|
| |
|
|
Ended |
|
| |
|
|
August |
|
| |
|
|
31, 2017 |
|
| |
Balances at December 1, 2016 |
$ |
—
|
|
| |
Issuances |
|
889,050
|
|
| |
Changes in fair value inputs and assumptions reflected in income |
|
(664,413
|
) |
| |
Balances at August 31, 2017 |
$ |
224,637
|
|
|
|