Capital Stock | 12 Months Ended |
Nov. 30, 2012 |
Notes | ' |
Capital Stock | ' |
Capital Stock |
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Authorized |
Authorized capital stock consists of: |
2,500,000,000 common shares with a par value of $0.001 per share; and |
1,000,000 preferred shares with a par value of $0.001 per share |
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Share Issuances |
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In December 2010, the Company issued 2,500,000 common shares for gross proceeds of $50,000 under a Subscription Agreement with a non-affiliated, accredited investor. |
In December 2010, the Company issued 1,500,000 common shares to Internet Marketing Solutions, Inc. as compensation for consulting services rendered. The shares were issued at a price of $0.047 per share the closing market price on the date of issuance. |
In January 2011, the Company issued 437,956 common shares in connection with the conversion of $12,000 of convertible debentures. The conversions had an average price of $0.0274 per share. |
In January 2011, the Company issued 1,000,000 common shares to the Company’s president and a director at a price of $0.05 per share as compensation. |
In January 2011, the Company issued 1,500,000 common shares to the Company’s Chief Financial Officer and a director at a price of $0.05 per share as compensation. |
In January 2011, the Company issued 500,000 common shares to the Company’s Investor Relations Manager at a price of $0.05 per share as compensation. |
In February 2011, the Company issued 953,126 common shares in connection with the conversion of $24,400 of convertible debentures and accrued interest. The conversions had an average price of $0.0256 per share. |
In February 2011, the Company issued 1,000,000 common shares to Internet Marketing Solutions, Inc. as compensation for consulting services rendered. The shares were issued at a price of $0.057 per share the closing market price on the date of issuance. |
In March 2011, the Company issued 1,000,000 common shares to Internet Marketing Solutions, Inc. as compensation for consulting services rendered. The shares were issued at a price of $0.06 per share the closing market price on the date of issuance. |
In March 2011, the Company issued 6,667 common shares to a non-affiliated, accredited investor in connection with a Subscription Agreement previously recorded as “Stock to be issued”. The shares were issued at a price of $0.75 per share the closing market price on the date of the original subscription. |
In March 2011, the Company issued 2,196,629 common shares in connection with the conversion of $78,080 of convertible debentures and accrued interest. The conversions had an average price of $0.0356 per share. |
In April 2011, the Company issued 1,879,699 common shares in connection with the conversion of $50,000 of convertible debentures and accrued interest. The conversions had an average price of $0.0266 per share. |
In May 2011, the Company issued 1,302,827 common shares in connection with the conversion of $30,000 of convertible debentures and accrued interest. The conversions had an average price of $0.023 per share. |
In May 2011, the Company issued 243,902 common shares as compensation for consulting services rendered in the amount of $10,000. The shares were issued at a price of $0.041 per share the closing market price on the date of issuance. |
In June 2011, the Company issued 11,272,916 common shares in connection with the conversion of $135,784 of convertible debentures and accrued interest. The conversions had an average price of $0.01205 per share. |
In July 2011, the Company issued 6,620,324 common shares in connection with the conversion of $47,000 of convertible debentures and accrued interest. The conversions had an average price of $0.0071 per share. |
In August 2011, the Company issued 25,484,016 common shares in connection with the conversion of $77,875 of convertible debentures and accrued interest. The conversions had an average price of $0.00306 per share. |
In September 2011, the Company issued 16,582,478 common shares in connection with the conversion of $53,397 of convertible debentures and accrued interest. The conversions had an average price of $0.00322 per share. |
In September 2011, the Company received $10,000 under a Subscription Agreement for 1,000,000 shares of Common Stock at a price of $0.01 per share from a non-affiliated, accredited investor. |
In November 2011, the Company issued 37,410,783 common shares in connection with the conversion of $78,869 of convertible debentures and accrued interest. The conversions had an average price of $0.00211 per share. |
In November 2011, the Company issued 22,000 Preferred B Series shares to a consultant in exchange for $770,000 of services rendered. On a fully converted basis, the common share value is $0.007 per share which is the average market price at the time of invoicing. |
In December 2011, the Company issued 73,254,759 common shares in connection with the conversion of $46,020 of convertible debentures and accrued interest. The conversions had an average price of $0.00628 per share. |
In January 2012, the Company issued 164,097,069 common shares in connection with the conversion of $39,023 of convertible debentures and accrued interest. The conversions had an average price of $0.00024 per share. |
In February 2012, the Company issued 148,806,139 common shares in connection with the conversion of $33,050 of convertible debentures and accrued interest. The conversions had an average price of $0.00022 per share. |
In March 2012, the Company issued 193,000,000 common shares in connection with the conversion of $50,771 of convertible debentures and accrued interest. The conversions had an average price of $0.00026 per share. |
In April 2012, the Company issued 316,473,684 common shares in connection with the conversion of $33,120 of convertible debentures and accrued interest. The conversions had an average price of $0.0001 per share. |
In May 2012, the Company issued 389,871,429 common shares in connection with the conversion of $22,041 of convertible debentures and accrued interest. The conversions had an average price of $0.00006 per share. |
In September 2012, the Company issued 73,333,333 common shares in connection with the conversion of $4,400 of convertible debentures and accrued interest. The conversions had an average price of $0.00006 per share. |
In October 2012, the Company issued 17,000,000 common shares in connection with the conversion of $3,400 of convertible debentures and accrued interest. The conversions had an average price of $0.0002 per share. |
In November 2012, the Company issued 78,333,333 common shares in connection with the conversion of $4,700 of convertible debentures and accrued interest. The conversions had an average price of $0.00006 per share. |