|
CAPITAL STOCK
|
3 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Feb. 28, 2015
|
||||||||||||
| CAPITAL STOCK [Text Block] |
100,000,000 * Common shares, $0.001 par value And 5,000,000 Preferred shares, $0.001 par value *On March 20, 2013 the Company filed with the Secretary of the State of Delaware a certificate of amendment (the “Amendment”) to the Company’s certificate of incorporation. The Amendment increased the number of authorized shares of the Company’s common stock, par value $0.001, from 50,000,000 to 100,000,000 common shares. The Company’s Articles of Incorporation authorize its Board of Directors to issue up to 5,000,000 shares of preferred stock. The provisions in the Articles of Incorporation relating to the preferred stock allow the directors to issue preferred stock with multiple votes per share and dividend rights, which would have priority over any dividends paid with respect to the holders of SDI’s common stock.
46,899,285 Common shares (2014: 46,899,285 Common shares)
Year ended November 30, 2014 On July 17, 2014, the Company issued 50,000 shares on exercise of options at $0.25 per share. Three- months ended February 28, 2015 The Company did not issue any shares during the three month period ended February 28, 2015. |