Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v2.4.0.6
Balance Sheets (USD $)
Nov. 30, 2011
Nov. 30, 2010
CURRENT    
Cash $ 114,835 $ 247,328
Deferred financing costs 10,916 0
Prepaid expenses and other receivables 107,704 38,419
Total Current Assets 233,455 285,747
Plant and Equipment 18,414 29,200
TOTAL ASSETS 251,869 314,947
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 568,995 787,641
Current portion of Convertible Debentures 135,998 0
Total Current Liabilities 704,993 787,641
Convertible Debentures 731,828 0
Total Liabilities 1,436,821 787,641
Capital Stock    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, Nil issued and outstanding (2010 - nil) 0 0
Common stock, $0.001 par value 50,000,000 shares authorized, 26,828,050 issued and outstanding (2010 -25,878,050) 26,828 25,878
Additional Paid-In Capital 16,064,428 15,876,078
Deficit Accumulated During the Development Stage (17,276,208) (16,374,650)
Total Stockholders' Deficit (1,184,952) (472,694)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 251,869 $ 314,947