Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v2.4.0.6
STOCK BASED COMPENSATION (Tables)
 3 Months Ended
Feb. 28, 2013
Schedule of Share-based Compensation and Assumptions as of January 4, 2012 [Table Text Block]
  Risk free rate   2.00%  
  Expected dividends   0%  
  Forfeiture rate   0%  
  Volatility   206.87%  
  Market price of Company’s common stock on date of grant of options $ 0.13  
  Stock-based compensation cost $ 113,292  
Schedule of Share-based Compensation and Assumptions as of October 3, 2012 [Table Text Block]
  Risk free rate   1.50%  
  Expected dividends   0%  
  Forfeiture rate   0%  
  Volatility   199.60%  
  Market price of Company’s common stock on date of grant of options $ 0.42  
  Stock-based compensation cost $ 77,096  
Schedule of Share-based Compensation and Assumptions as of October 26, 2012 [Table Text Block]
  Risk free rate   1.65%  
  Expected dividends   0%  
  Forfeiture rate   0%  
  Volatility   217.15%  
  Market price of Company’s common stock on date of grant of options $ 0.50  
  Stock-based compensation cost $ 534,905