Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.3.1.900
Accrued Expenses
 12 Months Ended
Nov. 30, 2015
Payables and Accruals [Abstract]  
Accrued Expenses

NOTE 11 - ACCRUED EXPENSES.

Accrued expenses are as follows:

 

     November 30,  
     2015      2014  

Professional fees

    $ 61,971       $ 25,661   

Payroll and payroll taxes (1)

      820,268         612,043   

Interest expense

      820,436         403,975   

General expenses

      302,676         430,020   
  

 

 

     

 

 

  
   $ 2,005,351       $ 1,471,699   
  

 

 

     

 

 

  

 

(1) – Payroll and payroll taxes includes accrued vacation and wages due as of November 30, 2015 and November 30, 2014.