|
STOCK PURCHASE WARRANTS (Tables)
|
3 Months Ended |
12 Months Ended |
|
Feb. 28, 2013
|
Nov. 30, 2012
|
| Schedule of Stockholders' Equity Note, Warrants or Rights Issued on 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
|
|
| |
Compensation expense |
$ |
100,148
|
|
|
| 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
|
| Compensation expense |
$100,148
|
|
| Schedule of Stockholders' Equity Note, Warrants or Rights Issued on August 09, 2012 [Table Text Block] |
| |
Risk free rate |
|
3.63%
|
|
| |
Expected dividends |
|
0%
|
|
| |
Forfeiture rate |
|
0%
|
|
| |
Volatility |
|
183.31%
|
|
| |
Market price of Company’s common stock on date of grant of options |
$ |
0.20
|
|
| |
Compensation expense |
$ |
75,013
|
|
|
| Risk free rate |
|
3.63%
|
| Expected dividends |
|
0%
|
| Forfeiture rate |
|
0%
|
| Volatility |
|
183.31%
|
| Market price of Company’s common stock on date of grant of options |
$ |
0.20
|
| Compensation expense |
$ |
75,013
|
|
| Schedule of Stockholders' Equity Note, Warrants or Rights Issued on October 3, 2012 [Table Text Block] |
| |
Risk free rate |
|
1.5%
|
|
| |
Expected dividends |
|
0%
|
|
| |
Forfeiture rate |
|
0%
|
|
| |
Volatility |
|
199.60%
|
|
| |
Market price of Company’s common stock on date of grant of options |
$ |
0.42
|
|
| |
Compensation expense |
$ |
28,911
|
|
|
| Risk free rate |
|
1.5%
|
| Expected dividends |
|
0%
|
| Forfeiture rate |
|
0%
|
| Volatility |
|
199.60%
|
| Market price of Company’s common stock on date of grant of options |
$ |
0.42
|
| Compensation expense |
$ |
28,911
|
|
| Schedule of Stockholders' Equity Note, Warrants or Rights Issued on January 30, 2013 [Table Text Block] |
| |
Risk free rate |
|
1.35%
|
|
| |
Expected dividends |
|
0%
|
|
| |
Forfeiture rate |
|
0%
|
|
| |
Volatility |
|
187.87%
|
|
| |
Market price of Company’s common stock on date |
|
|
|
| |
of grant of options |
$ |
0.47
|
|
| |
Compensation expense |
$ |
38,183
|
|
|
|
| Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block] |
|
| |
|
|
Number of |
|
|
|
|
|
|
|
| |
|
|
Warrants |
|
|
Exercise |
|
|
Expiry |
|
| |
|
|
Granted |
|
|
Prices |
|
|
Date |
|
| |
|
|
|
|
|
$ |
|
|
|
|
| |
Outstanding at November 30, 2010 and average exercise price |
|
1,289,000
|
|
|
0.22
|
|
|
|
|
| |
Granted in year 2011 |
|
-
|
|
|
-
|
|
|
|
|
| |
Exercised |
|
-
|
|
|
-
|
|
|
|
|
| |
Forfeited/Expired |
|
-
|
|
|
-
|
|
|
|
|
| |
Cancelled |
|
-
|
|
|
-
|
|
|
|
|
| |
Outstanding at November 30, 2011 and average exercise price |
|
1,289,000
|
|
|
0.22
|
|
|
|
|
| |
Granted in year 2012 |
|
800,000
|
|
|
0.13
|
|
|
1/4/2016 |
|
| |
Granted in year 2012* |
|
850,000
|
|
|
0.25
|
|
|
6/30/2014 |
|
| |
Granted in year 2012 |
|
400,000
|
|
|
0.20
|
|
|
8/9/2016 |
|
| |
Granted in year 2012 |
|
75,000
|
|
|
0.42
|
|
|
10/2/2015 |
|
| |
Granted in year 2012* |
|
905,000
|
|
|
0.13
|
|
|
1/4/2016 |
|
| |
Exercised |
|
-
|
|
|
-
|
|
|
|
|
| |
Forfeited/Expired |
|
-
|
|
|
-
|
|
|
|
|
| |
Cancelled |
|
-
|
|
|
-
|
|
|
|
|
| |
Outstanding at November 30, 2012 and average exercise price |
|
4,319,000
|
|
|
0.19
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Exercisable at November 30, 2012 |
|
4,319,000
|
|
|
0.19
|
|
|
|
|
| |
Exercisable at November 30, 2011 |
|
1,289,000
|
|
|
0.22
|
|
|
|
|
|
| Schedule of Stockholders' Equity Note, Warrants or Rights, Weighted Average Remaining Contractual Term, Outstanding and Exercisable [Table Text Block] |
|
| |
|
|
2012 |
|
|
2011 |
|
| |
|
|
(Years) |
|
|
(Years) |
|
| |
Total outstanding warrants |
|
2.8
|
|
|
3.9
|
|
| |
Total exercisable warrants |
|
2.8
|
|
|
3.9
|
|
|