Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

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INVENTORY
9 Months Ended
Aug. 31, 2018
INVENTORY [Text Block]
10.

INVENTORY

Inventory as of August 31, 2018 consists of finished goods of 40mm Blunt Impact Projectiles of $95,600 (November 30, 2017: $109,673) and inventory procured from other suppliers of $64,138 (November 30, 2017: $47,630). The Company values its inventory on a first-in, first-out basis. Inventory is valued at the lower of cost or net realizable value.