Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.3.1.900
STOCK BASED COMPENSATION (Tables)
 3 Months Ended
Feb. 29, 2016
Schedule of Share-based Compensation and Assumptions as of September 24, 2015 [Table Text Block]
  Risk free rate   2.00%  
  Expected dividends   0%  
  Forfeiture rate   0%  
      17.29% to  
  Volatility   134.39%  
  Warrant modification expense $ 216,684  
Schedule of Share-based Compensation and Assumptions as of October 20, 2015 [Table Text Block]
  Risk free rate   2.00%  
  Expected dividends   0%  
  Forfeiture rate   0%  
  Volatility   134.39%  
  Market price of Company’s common stock on date of grant of options $ 0.29  
  Stock-based compensation cost $ 422,459