Note 9 - Notes Payable (Details) - USD ($) |
6 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Jan. 12, 2016 |
Apr. 29, 2015 |
Nov. 30, 2015 |
Nov. 30, 2014 |
May. 31, 2015 |
|
Note 9 - Notes Payable (Details) [Line Items] | |||||
Interest Payable, Current | $ 17,671 | $ 2,630 | |||
Debt Instrument, Unamortized Discount | 161,111 | 194,444 | |||
Amortization of Debt Discount (Premium) | 33,333 | $ 0 | |||
Proceeds from Related Party Debt | 345,000 | 0 | |||
Notes Payable, Related Parties, Current | 945,000 | 600,000 | |||
Convertible Debt [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Face Amount | $ 200,000 | ||||
Debt Instrument, Interest Rate, Stated Percentage | 15.00% | ||||
Debt Instrument, Payment Terms | Company shall make eight (8) equal payments of principal together with accrued interest, quarterly in arrears, commencing on July 1, 2016 and continuing on the same day of each October, January, April and July thereafter until paid in full. All outstanding principal and any accumulated unpaid interest thereon shall be due and payable on the third anniversary of note. | ||||
Debt Instrument, Convertible, Terms of Conversion Feature | For each dollar converted, the holder of the Convertible Note shall receive two shares of common stock and a three-year warrant to purchase 1.33 shares (post Reverse Split) of common stock at $0.75 per share (post Reverse Split). | ||||
Interest Expense, Debt | 15,041 | $ 0 | |||
Long-term Debt, Gross | 200,000 | 200,000 | |||
Interest Payable, Current | 17,671 | 2,630 | |||
Debt Instrument, Unamortized Discount | $ 200,000 | 161,111 | 194,444 | ||
Amortization of Debt Discount (Premium) | $ 33,333 | ||||
Beneficial Conversion Feature [Member] | Convertible Debt [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Unamortized Discount | 100,000 | ||||
Detachable Warrants [Member] | Convertible Debt [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Unamortized Discount | $ 100,000 | ||||
Director [Member] | Convertible Debt [Member] | Subsequent Event [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Payment Terms | No payments are required until January 1, 2017, at which time all accrued interest becomes due and payable. Principal and additional accrued interest will be paid in eight equal quarterly installments beginning on April 1, 2017. | ||||
Debt Instrument, Convertible, Terms of Conversion Feature | At Mr. Koretsky’s election, at any time prior to payment or prepayment of the loans in full, all principal and accrued interest under the loans may be converted, in whole or in part, into the Company’s securities. Upon such an election, Mr. Koretsky will receive one “Unit” for each $0.75 converted, with each Unit consisting of one (1) share of common stock and a five-year warrant to purchase (1) share of common stock at a price of $1.00 per share. | ||||
Director [Member] | Loans Payable [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | ||||
Interest Payable, Current | $ 24,681 | 3,337 | |||
Proceeds from Related Party Debt | 295,000 | 600,000 | |||
Notes Payable, Related Parties, Current | $ 895,000 | 600,000 | |||
Chief Executive Officer [Member] | Convertible Debt [Member] | Subsequent Event [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Payment Terms | No payments are required until January 1, 2017, at which time all accrued interest becomes due and payable. Principal and additional accrued interest will be paid in eight equal quarterly installments beginning on April 1, 2017. | ||||
Debt Instrument, Convertible, Terms of Conversion Feature | At Mr. Binder’s election, at any time prior to payment or prepayment of the loans in full, all principal and accrued interest under the loans may be converted, in whole or in part, into the Company’s securities. Upon such an election, Mr. Binder will receive one “Unit” for each $0.75 converted, with each Unit consisting of one (1) share of common stock and a five-year warrant to purchase (1) share of common stock at a price of $1.00 per share. | ||||
Chief Executive Officer [Member] | Loans Payable [Member] | |||||
Note 9 - Notes Payable (Details) [Line Items] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | ||||
Interest Payable, Current | $ 608 | 0 | |||
Proceeds from Related Party Debt | 50,000 | ||||
Notes Payable, Related Parties, Current | $ 50,000 | $ 0 |