Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Operations and Comprehensive loss

v2.4.0.8
Interim Consolidated Statements of Operations and Comprehensive loss (USD $)
3 Months Ended 108 Months Ended
Feb. 28, 2014
Feb. 28, 2013
Feb. 28, 2014
SALES $ 4,516 $ 0 $ 34,612
COST OF SALES (2,174) 0 (19,553)
GROSS PROFIT 2,342 0 15,059
EXPENSES:      
Research and Product Development cost (recovery) 0 0 7,473,781
Depreciation 10,142 8,214 109,216
General and administration 474,695 424,999 13,979,455
TOTAL OPERATING EXPENSES 484,837 433,213 21,562,452
LOSS FROM OPERATIONS (482,495) (433,213) (21,547,393)
Other Expense-Interest 0 (36,435) (879,280)
Other Income-Derivative financial instrument 0 0 349,532
Other Income-Interest 4,058 0 278,347
LOSS BEFORE INCOME TAXES (478,437) (469,648) (21,798,794)
Income taxes 0 0 0
NET LOSS AND COMPREHENSIVE LOSS $ (478,437) $ (469,648) $ (21,798,794)
Loss per share - basic and diluted $ (0.01) $ (0.01)  
Weighted average common shares outstanding 46,849,285 32,353,157