Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.5.0.2
Inventory
 9 Months Ended
Aug. 31, 2016
Inventory Disclosure [Abstract]  
Inventory

Note 3 – Inventory

The components of inventory at August 31, 2016 and November 30, 2015 are as follows:

 

     August 31, 2016      November 30, 2015  

Raw materials

    $ 14,228       $ 9,041   

Work-in-process

      81,912         134,727   

Finished goods

      259,530         282,152   

Collection kits

      62,933         57,406   

Inventory reserve

      (7,718 )       (7,718 ) 
  

 

 

     

 

 

  

Total inventory

    $ 410,885       $ 475,608   
  

 

 

     

 

 

  

Inventory was pledged as collateral on the note payable incurred in connection with the APA (Note 2). As of August 31, 2016, the note payable was paid in full Pursuant to the APA (Note 6).