Annual report pursuant to Section 13 and 15(d)

Statements of Operations and Comprehensive loss

v2.4.0.6
Statements of Operations and Comprehensive loss (USD $)
12 Months Ended 81 Months Ended
Nov. 30, 2011
Nov. 30, 2010
Nov. 30, 2011
EXPENSES:      
Research and Product Development cost $ 195,949 $ 946,702 $ 7,688,924
Amortization 10,786 8,976 40,359
General and administration 624,545 1,365,284 9,749,241
TOTAL OPERATING EXPENSES 831,280 2,320,962 17,478,524
LOSS FROM OPERATIONS (831,280) (2,320,962) (17,478,524)
Other expense-Interest (70,278) 0 (70,278)
Other Income-Interest 0 0 272,594
LOSS BEFORE INCOME TAXES (901,558) (2,320,962) (17,276,208)
Income taxes 0 0 0
NET LOSS AND COMPREHENSIVE LOSS $ (901,558) $ (2,320,962) $ (17,276,208)
Loss per share - basic and diluted $ (0.03) $ (0.12)   
Weighted average common shares outstanding 26,114,899 18,612,924