Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive loss

v3.3.0.814
Consolidated Statements of Operations and Comprehensive loss - USD ($)
12 Months Ended
Nov. 30, 2014
Nov. 30, 2013
SALES $ 42,480 $ 30,096
COST OF SALES (27,323) (17,379)
GROSS PROFIT 15,157 12,717
EXPENSES:    
Depreciation 45,586 38,130
General and administration 2,624,488 1,698,523
TOTAL OPERATING EXPENSES 2,670,074 1,736,653
LOSS FROM OPERATIONS (2,654,917) (1,723,936)
Other expense-Interest (73,540) (651,502)
Other Income-Derivative financial instrument 0 349,532
Other Income-Interest 6,045 1,695
LOSS BEFORE INCOME TAXES (2,722,412) (2,024,211)
Income taxes 0 0
NET LOSS (2,722,412) (2,024,211)
Foreign exchange translation adjustment for the year (31,706) 0
COMPREHENSIVE LOSS $ (2,754,118) $ (2,024,211)
Loss per share - basic and diluted $ (0.06) $ (0.06)
Weighted average number of common shares outstanding during the year 46,868,052 36,565,840