Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Balance Sheets

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Interim Consolidated Balance Sheets - USD ($)
Aug. 31, 2015
Nov. 30, 2014
CURRENT    
Cash $ 2,160,948 $ 1,085,006
Restricted cash 0 0
Accounts Receivable 16,635 7,393
Inventory 68,928 120,246
Deferred financing costs 122,959 170,674
Prepaid expenses and other receivables 67,595 29,557
Total Current Assets 2,437,065 1,412,876
Equipment 108,802 144,176
TOTAL ASSETS 2,545,867 1,557,052
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 60,598 161,405
Total Current Liabilities 60,598 161,405
Convertible Debentures 1,398,592 1,398,592
Total Liabilities 1,459,190 1,559,997
Capital Stock    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, Nil issued and outstanding (2014 - nil). The provisions in the Articles of Incorporation 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 Company's common stock. 0 0
Common stock, $0.001 par value 100,000,000 shares authorized (2014: 100,000,000), 54,615,642 issued and outstanding (2014: 46,899,285) 54,616 46,899
Additional Paid-In Capital 26,540,684 24,024,631
Deficiency (25,467,782) (24,042,769)
Accumulated other comprehensive loss (40,841) (31,706)
Total Stockholders' Equity (Deficiency) 1,086,677 (2,945)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY) $ 2,545,867 $ 1,557,052