XBRL Proof

XBRL File

 
Document - Document and Entity Information
Document - Document and Entity Information (USD $) 3 Months Ended  
( custom:DocumentAndEntityInformationAbstract [Extension] )    
  Feb. 28, 2017 May. 15, 2017
     
     
     
Entity Registrant Name Lans Holdings, Inc.  
( dei:EntityRegistrantName )    
Entity Central Index Key 0001422059  
( dei:EntityCentralIndexKey )    
Document Type 10-Q  
( dei:DocumentType )    
Document Period End Date 2017-02-28  
( dei:DocumentPeriodEndDate )    
Amendment Flag false  
( dei:AmendmentFlag )    
Current Fiscal Year End Date --11-30  
( dei:CurrentFiscalYearEndDate )    
Is Entity a Well-known Seasoned Issuer? No  
( dei:EntityWellKnownSeasonedIssuer )    
Is Entity a Voluntary Filer? No  
( dei:EntityVoluntaryFilers )    
Is Entity's Reporting Status Current? No  
( dei:EntityCurrentReportingStatus )    
Entity Filer Category Smaller Reporting Company  
( dei:EntityFilerCategory )    
Entity Public Float    
( dei:EntityPublicFloat )    
Entity Common Stock, Shares Outstanding   44,807,673
( dei:EntityCommonStockSharesOutstanding )    
Document Fiscal Period Focus Q1  
( dei:DocumentFiscalPeriodFocus )    
Document Fiscal Year Focus 2017  
( dei:DocumentFiscalYearFocus )    
(End Document - Document and Entity Information)
 
Statement - Balance Sheets
Statement - Balance Sheets (USD $)    
( us-gaap:StatementOfFinancialPositionAbstract )    
  Feb. 28, 2017 Nov. 30, 2016
     
     
     
ASSETS    
( us-gaap:AssetsAbstract )    
    Current Assets    
    ( us-gaap:AssetsCurrentAbstract )    
        Cash and cash equivalents 11,516 1,760
        ( us-gaap:CashAndCashEquivalentsAtCarryingValue )    
        Accounts receivable 15,990 24,075
        ( us-gaap:AccountsReceivableNetCurrent )    
        Prepaid expenses 3,000 1,000
        ( us-gaap:PrepaidExpenseCurrent )    
TOTAL ASSETS 30,506 26,835
( us-gaap:Assets )    
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
( us-gaap:LiabilitiesAndStockholdersEquityAbstract )    
    Current Liabilities    
    ( us-gaap:LiabilitiesCurrentAbstract )    
        Accounts payable and accrued expenses 196,008 210,505
        ( us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent )    
        Accounts payable and accrued expenses – related parties 423,772 378,677
        ( us-gaap:AccountsPayableAndOtherAccruedLiabilities )    
        Stock payable – related parties 5,820,000 5,820,000
        ( custom:StockPayableDueToRelatedParty [Extension] )    
        Notes payable 289,700 289,700
        ( us-gaap:NotesPayable )    
        Notes payable – related parties 43,728 44,036
        ( us-gaap:OtherNotesPayable )    
        Convertible debentures, net of unamortized discount 72,484 27,312
        ( custom:ConvertibleDebenturesNetOfUnamortizedDiscount [Extension] )    
        Convertible debentures – related parties, net of unamortized discount 8,961 3,813
        ( custom:ConvertibleDebenturesRelatedPartiesNetOfUnamortizedDiscount [Extension] )    
        Derivative liabilities 366,396 89,071
        ( us-gaap:DerivativeLiabilities )    
        Deferred revenue 2,970
        ( us-gaap:DeferredRevenue )    
        Total Liabilities 7,224,019 6,863,114
        ( us-gaap:LiabilitiesCurrent )    
        Commitments and Contingencies    
        ( us-gaap:CommitmentsAndContingencies )    
    Stockholders’ Deficit    
    ( us-gaap:StockholdersEquityAbstract )    
        Preferred stock, 100,000,000 shares authorized, $0.001 par value; 599,859 Series A preferred shares issued and outstanding 600 600
        ( us-gaap:PreferredStockValue )    
        Common stock, 500,000,000 shares authorized, $0.001 par value; 44,807,673 shares issued and outstanding 44,808 44,808
        ( us-gaap:CommonStockValue )    
        Additional paid-in capital 2,725,565 2,614,848
        ( us-gaap:AdditionalPaidInCapital )    
        Accumulated deficit (9,964,486 ) (9,496,535 )
        ( custom:AccumulatedDeficit [Extension] )    
        Total Stockholders’ Deficit (7,193,513 ) (6,836,279 )
        ( us-gaap:StockholdersEquity )    
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 30,506 26,835
( us-gaap:LiabilitiesAndStockholdersEquity )    
(End Statement - Balance Sheets)
 
Statement - Balance Sheets (Parenthetical)
Statement - Balance Sheets (Parenthetical) (USD $)    
( us-gaap:StatementOfFinancialPositionAbstract )    
  Feb. 28, 2017 Nov. 30, 2016
     
     
     
Preferred stock, par value (In dollars per share) 0.001 0.001
( us-gaap:PreferredStockParOrStatedValuePerShare )    
Preferred stock, shares authorized 100,000,000 100,000,000
( us-gaap:PreferredStockSharesAuthorized )    
Preferred stock, shares issued 599,859 599,859
( us-gaap:PreferredStockSharesIssued )    
Preferred stock, shares outstanding 599,859 599,859
( us-gaap:PreferredStockSharesOutstanding )    
Common stock, par value (In dollars per share) 0.001 0.001
( us-gaap:CommonStockParOrStatedValuePerShare )    
Common stock, shares authorized 500,000,000 500,000,000
( us-gaap:CommonStockSharesAuthorized )    
Common stock, shares issued 44,807,673 44,807,673
( us-gaap:CommonStockSharesIssued )    
Common stock, shares outstanding 44,807,673 44,807,673
( us-gaap:CommonStockSharesOutstanding )    
(End Statement - Balance Sheets (Parenthetical))
 
Statement - Statements of Operations
Statement - Statements of Operations (USD $) 3 Months Ended
( us-gaap:IncomeStatementAbstract )  
  Feb. 28, 2017 Feb. 29, 2016
     
     
     
REVENUES 45,135 34,337
( us-gaap:Revenues )    
COST OF REVENUES 79,860 9,500
( us-gaap:CostOfRevenue )    
GROSS PROFIT (LOSS) (34,725 ) 24,837
( us-gaap:GrossProfit )    
OPERATING EXPENSES    
( us-gaap:OperatingExpensesAbstract )    
    General and administrative 276,407 98,074
    ( us-gaap:GeneralAndAdministrativeExpense )    
    TOTAL OPERATING EXPENSES 276,407 98,074
    ( us-gaap:OperatingExpenses )    
    OPERATING LOSS (311,132 ) (73,237 )
    ( us-gaap:OperatingIncomeLoss )    
OTHER INCOME (EXPENSES)    
====>>>ELEMENT REQUIRED    
    Accretion of discounts on convertible debentures (50,320 )
    ( us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments )    
    Change in fair value of derivatives 53,135
    ( us-gaap:UnrealizedGainLossOnDerivatives )    
    Interest expense (159,634 ) (7,496 )
    ( us-gaap:InterestExpense )    
    TOTAL OTHER INCOME (EXPENSES) (156,819 ) (7,496 )
    ( us-gaap:OtherExpenses )    
    NET LOSS (467,951 ) (80,733 )
    ( us-gaap:NetIncomeLoss )    
    Loss per common share – basic and diluted (0.01 ) 0.00
    ( us-gaap:EarningsPerShareBasicAndDiluted )    
    Weighted average number of common shares outstanding – basic and diluted 44,807,673 44,433,333
    ( us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted )    
(End Statement - Statements of Operations)
 
Statement - Statements of Cash Flows
Statement - Statements of Cash Flows (USD $) 3 Months Ended
( us-gaap:StatementOfCashFlowsAbstract )  
  Feb. 28, 2017 Feb. 29, 2016
     
     
     
Net loss (467,951 ) (80,733 )
( us-gaap:NetIncomeLoss )    
Adjustments to reconcile net loss to net cash used in operating activities:    
====>>>ELEMENT REQUIRED    
Accretion of discounts on convertible debentures 50,320
( us-gaap:AccretionExpenseIncludingAssetRetirementObligations )    
Change in fair value of derivatives (53,135 )
( us-gaap:UnrealizedGainLossOnDerivativesAndCommodityContracts )    
Excess derivative liability included in interest expense 142,460
( custom:ExcessDeriviativeLiability [Extension] )    
Accounts receivable 8,085 3,712
( us-gaap:IncreaseDecreaseInAccountsAndOtherReceivables )    
Prepaid expenses (2,000 ) 3,204
( us-gaap:IncreaseDecreaseInPrepaidExpense )    
Stock-based compensation 110,717
( us-gaap:ShareBasedCompensation )    
Changes in operating assets and liabilities:    
====>>>ELEMENT REQUIRED    
Accounts payable and accrued expenses (9,497 ) 27,658
( us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities )    
Accounts payable and accrued expenses – related parties 40,095 5,359
( us-gaap:IncreaseDecreaseInAccountsPayableRelatedParties )    
Deferred revenue 2,970
( us-gaap:DeferredRevenueAdditions )    
Net Cash Used in Operating Activities (177,936 ) (40,800 )
( us-gaap:NetCashProvidedByUsedInOperatingActivities )    
CASH FLOWS FROM FINANCING ACTIVITIES    
( us-gaap:NetCashProvidedByUsedInFinancingActivitiesAbstract )    
    Proceeds from notes payable – related parties 32,258
    ( us-gaap:ProceedsFromUnsecuredNotesPayable )    
    Repayments of notes payable – related parties 308
    ( us-gaap:RepaymentsOfNotesPayable )    
    Proceeds from convertible debentures 188,000
    ( us-gaap:ProceedsFromConvertibleDebt )    
    Net Cash Provided by Financing Activities 187,692 32,258
    ( us-gaap:NetCashProvidedByUsedInFinancingActivities )    
Net Decrease in Cash and Cash Equivalents 9,756 (8,542 )
( us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease )    
Cash and Cash Equivalents, Beginning of Period 1,760 15,540
( us-gaap:Cash )    
Cash and Cash Equivalents, End of Period 11,516 6,998
( us-gaap:Cash )    
SUPPLEMENTARY CASH FLOWS INFORMATION:    
====>>>ELEMENT REQUIRED    
Interest paid 145
( us-gaap:InterestPaid )    
Income taxes paid
( us-gaap:IncomeTaxesPaid )    
NONCASH INVESTING AND FINANCING ACTIVITIES:    
====>>>ELEMENT REQUIRED    
Derivative liability related to debt 188,000
( custom:DerivativeLiabilityRelatedToDebt [Extension] )    
(End Statement - Statements of Cash Flows)
 
Disclosure - Nature of Business
Disclosure - Nature of Business (USD $) 3 Months Ended
( us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract )  
  Feb. 28, 2017
   
   
   
NATURE OF BUSINESS

NOTE 1 – NATURE OF BUSINESS

 

Nature of Business

 

Lans Holdings, Inc. is in the business of providing secure payment and communication solutions. The Company’s aim is to make it easier for sellers to start selling, and buyers to buy with confidence. The Company intends that its solutions will be used to enable businesses to process payments more efficiently whether online or in a retail store front. The Company intends to offer white label solutions for payment service providers to enable business to consumer and business to business payments through physical POS, mobile devices, online and software integrations. The Company also intends to provide business processing outsourcing through its Fractional I.T. Services, and complaint ready hosted solutions through its Infrastructure on Demand.

 

Lans Holdings is focused to provide emerging payment "breakthrough" technology that motivates and rewards clients for adopting more secure infrastructure to support their businesses.

 

Going Concern

 

The Company has incurred losses since inception and has negative working capital. These factors create substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company generating cash from the sale of its common stock and/or obtaining debt financing and attaining future profitable operations.

 

Management’s plans include selling its equity securities and obtaining debt financing to fund its capital requirement and ongoing operations; however, there can be no assurance the Company will be successful in these efforts.

( us-gaap:NatureOfOperations )  
(End Disclosure - Nature of Business)
 
Disclosure - Summary of Significant Accounting Policies
Disclosure - Summary of Significant Accounting Policies (USD $) 3 Months Ended
( us-gaap:AccountingPoliciesAbstract )  
  Feb. 28, 2017
   
   
   
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

 

These financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States and are expressed in US dollars. The Company’s fiscal year end is November 30.

 

Interim Financial Statements

 

The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end November 30, 2016 have been omitted.

 

Use of Estimates

 

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to long-lived assets, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

 

Financial Instruments

 

The Company’s financial instruments consist of cash, accounts receivable, prepaid expenses, accounts payable and accrued expenses, amounts due to officers, notes payable, convertible debentures, derivative liabilities and deferred revenue. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

 

Cash and Cash Equivalents

 

The Company considers all highly liquid instruments with maturity of three months or less be cash equivalents.

 

Software Development Costs

 

Costs incurred internally in the research and development of the software products and significant enhancements to existing software products are expensed as incurred until the technologically feasibility of the product has been established. Technological feasibility occurs shortly before internally developed products are available for general release. Costs paid to third parties for products in which technological feasibility has been established are capitalized upon purchase of software.

 

Property and Equipment

 

Property and equipment is stated at cost, less accumulated depreciation and any impairment in value. Long-lived assets, including property and equipment, are assessed for impairment whenever events or changes in business circumstances arise than may indicate that the carrying amount of the long-lived asset may not be recoverable. Depreciation is calculated on a straight line bases over its estimated useful life.

 

Intangible Assets

 

Software, licenses and other rights have been capitalized. Amortization is calculated on a straight line basis over its estimated useful life.

 

If the total of the expected undiscounted future cash flows is less than the carrying amount of the asset, an impairment is recognized for the excess of the carrying value over the fair value of the asset.

 

Income Taxes

 

The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized.

 

Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has no current operations.

 

Revenue Recognition

 

The Company derives revenue from subscriptions for software that provide secure payment solutions, from the provision of customized development services and from the provision of secure on demand infrastructure.

 

The Company recognizes revenue when persuasive evidence of an arrangement exists, products are fully delivered and services have been provided, the sales price is fixed or determinable and collectability is reasonably assured. Advance payments from customers are deferred and recorded in deferred revenue. During the period ended February 28, 2017, the Company received $2,970 from customers for services to be provided by the Company. Revenue will be recorded by the Company when the service is provided.

 

All of the Company’s revenues during the three months ended February 28, 2017 resulted from three customers.

 

Stock-based Compensation

 

The Company measures and recognizes compensation expense based on estimated fair values for all share-based awards made to employees and directors, including stock options.

 

The company estimates the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period.

 

Options granted to consultants are valued at the fair value of the equity instruments issued, or the fair value of the services received, whichever is more reliably measurable.

 

Loss Per Common Share

 

Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As of February 28, 2017, the Company had 15,201,710 (2016 – 5,999,707) dilutive potential shares outstanding.

 

Subsequent Events

 

The Company has evaluated all transactions through the date the financial statements were issued for subsequent event disclosure consideration.

 

 

Recent Accounting Pronouncements

 

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements.

 

In August 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-15, “Presentation of Financial Statements - Going Concern”. The Update provides US GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures. For each reporting period, management will be required to evaluate whether there are conditions or events that raise substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. The Company adopted this pronouncement effective for the period ended February 28, 2017. The adoption did not have a material impact to the financial statements.

( us-gaap:SignificantAccountingPoliciesTextBlock )  
(End Disclosure - Summary of Significant Accounting Policies)
 
Disclosure - Software Assets
Disclosure - Software Assets (USD $) 3 Months Ended
( custom:SoftwareAssetAbstract [Extension] )  
  Feb. 28, 2017
   
   
   
Software Assets

NOTE 3 – SOFTWARE ASSETS

 

On September 22, 2016, the Company entered into a Software Purchase Agreement (the “Software Agreement”) with two related parties Transaction Data USA Inc. (“TDUSA”) and Melcent Technology SRL (“Melcent”). Pursuant to the Software Agreement, the Company acquired a PSWITCH software application (the “Software”), including the invention, source code, object code, components and tools. In exchange for the Software, the Company issued to each of TDUSA and Melcent, 375,000 shares of the Company’s newly created Series B Preferred Stock. The asset acquired was recorded at the fair value of the 750,000 shares of Series B Preferred Stock of $5,820,000. At February 28, 2017, the 750,000 shares of Series B Preferred Stock had not been issued and $5,820,000 of stock payable to related parties was accrued by the Company.

 

At November 30, 2016, the Company’s uncertain future revenues generated by the asset indicated that the carrying amount of the long-lived asset may not be recoverable. The Company performed an impairment test as prescribed by ASC 985-20 which resulted in an impairment of $5,820,000.

( us-gaap:IntangibleAssetsDisclosureTextBlock )  
(End Disclosure - Software Assets)
 
Disclosure - Notes Payable
Disclosure - Notes Payable (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Feb. 28, 2017
   
   
   
NOTES PAYABLE

NOTE 4 – NOTES PAYABLE

 

Notes payable consist of the following as of February 28, 2017 and November 30, 2016:

 

Issue date   February 28,
2017
  November 30,
2016
November 24, 2014 note (a)   $ 25,000     $ 25,000
March 26, 2015 note (b)     75,000       75,000
August 7, 2015 note (c)     50,000       50,000
September 25, 2015 note (d)     14,700       14,700
October 15, 2015 note (e)     125,000       125,000
Total   $ 289,700     $ 289,700

 

Notes payable – related party consist of the following as of February 28, 2017 and November 30, 2016:

 

Issue date   February 28,
2017
  November 30,
2016
October 5, 2015 note (f)   $ 5,000     $ 5,000
October 15, 2015 note (g)     32,258       32,258
February 12, 2016 note (h)     3,425       3,733
October 18, 2016 note (i)     3,045       3,045
Total   $ 43,728     $ 44,036

 

 

a) On November 24, 2014, the Company issued a $25,000 promissory note to a former director of the Company pursuant to the Agreement of Conveyance, Transfer and Assignment of Obligations described in Note 7(l). The promissory note is unsecured, non-interest bearing and was due within six months of the date of issuance. As of February 28, 2017, the note was not yet repaid. The lender has agreed to extend the note period until financing is secured.

 

b) On March 26, 2015, the Company entered into a $75,000 loan agreement with a third party. The loan is unsecured, bears interest at 7.5% per year and was due on March 31, 2016. On September 30, 2015, the Company missed a required semi-annual payment of accrued interest, resulting in the interest rate increasing to 15% per year going forward. At February 28, 2017, the Company had accrued interest of $18,771 related to this agreement. This loan is currently in default and payable on demand.

 

c) On August 7, 2015, the Company entered into a $50,000 loan agreement with a third party. The loan is unsecured, bears interest at 8.5% per year and is due on August 7, 2016. On January 15, 2016, the Company missed a required semi-annual payment of accrued interest, resulting in the interest rate increasing to 17% per year going forward. At February 28, 2017, the Company had accrued interest of $11,690 related to this agreement. This loan is currently in default and payable on demand.

 

d) On September 25, 2015, the Company entered into a $14,700 loan agreement with a third party. The loan is unsecured, bears interest at 1.5% per month and is due on demand. At February 28, 2017, the Company had accrued interest of $1,870 related to this agreement.

 

e) On October 15, 2015, the Company entered into a $125,000 loan agreement with a third party. The loan is unsecured, bears interest at 7% per year and is due on October 31, 2016. On April 15, 2016, the Company missed a required semi-annual payment of accrued interest, resulting in the interest rate increasing to 14% per year going forward. At February 28, 2017, the Company had accrued interest of $19,682 related to this agreement. This loan is currently in default and payable on demand.

 

f) On October 5, 2015, the Company entered into a $25,000 loan agreement with the President of the Company. The loan is unsecured, bears interest at 8% per year compounded and payable monthly, and is due on demand. During October 2015, the Company repaid $20,000 of the loan’s principal. At February 28, 2017, the Company had accrued interest of $715 related to this agreement.

 

g) On February 12, 2016, the Company entered into a $32,258 loan agreement with a significant shareholder of the Company. The loan is unsecured, bears interest at 8% per year compounded monthly, and is due on demand. At February 28, 2017, the Company had accrued interest of $2,815 related to this agreement.

 

h) On April 26, 2016, the Company entered into a $6,000 loan agreement with the President of the Company. The loan is unsecured, bears interest at 8% per year compounded and payable monthly. The loan is payable on the earliest of demand or from 50% of future revenue or from funding received in excess of $100,000. As of February 28, 2017, the Company repaid $2,575 of the loan’s principal. At February 28, 2017, the Company had accrued interest of $45 related to this agreement.

 

i) On October 18, 2016, the Company entered into a $3,045 loan agreement with a significant shareholder of the Company. The loan is unsecured, bears interest at 8% per year compounded monthly, and is due on demand. At February 28, 2017, the Company had accrued interest of $92 related to this agreement.
( us-gaap:DebtDisclosureTextBlock )  
(End Disclosure - Notes Payable)
 
Disclosure - Convertible Debentures
Disclosure - Convertible Debentures (USD $) 3 Months Ended
( us-gaap:CashAndCashEquivalentsAbstract )  
  Feb. 28, 2017
   
   
   
Convertible Debentures

NOTE 5 – CONVERTIBLE DEBENTURES

 

Convertible debentures consist of the following as of February 28, 2017 and November 30, 2016:

 

Issue date   February 28,
2017
  November 30,
2016
March 23, 2016 debenture (a)   $ 6,000     $ 6,000
June 15, 2016 debenture (b)     10,000       10,000
June 30, 2016 debenture (c)     2,000       2,000
July 12, 2016 debenture (d)     30,000       30,000
July 28, 2016 debenture (e)     4,000       4,000
September 12, 2016 debenture (f)     15,000       15,000
December 12, 2016 debenture (g)     85,000       —  
December 15, 2016 debenture (h)     85,000       —  
January 27, 2017 debenture (i)     45,000       —  
      282,000       67,000
Less: debt discount     (209,516 )     (39,688)
Total   $ 72,484     $ 27,312

 

Convertible debentures – related party consist of the following as of February 28, 2017 and November 30, 2016:

 

Issue date   February 28,
2017
  November 30,
2016
May 1, 2016 debenture (j)   $ 15,990     $ 15,990
      15,990       15,990
Less: debt discount     (7,029 )     (12,177)
Total   $ 8,961     $ 3,813

 

a) On March 23, 2016, the Company issued a convertible debenture for $6,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due one year from the date of issuance with the option of extending for an additional six months at the holder’s discretion. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation under ASC 815-15 “Derivatives and Hedging”. The initial fair value of the derivative liability of $9,815 resulted in a full discount to the note payable of $6,000 and interest expense of $3,815. At February 28, 2017, the Company had amortized $4,688 of the discount to this convertible debenture and had accrued interest of $450 related to this convertible debenture.

 

b) On June 15, 2016, the Company issued a convertible debenture for $10,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due on December 31, 2016. On December 31, 2016, the Company missed the required payment of all principal and accrued interest, resulting in the interest rate increasing to 15% per year going forward. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $14,129 resulted in a full discount to the note payable of $10,000 and interest expense of $4,129. At February 28, 2017, the Company had amortized $10,000 of the discount to this convertible debenture and had accrued interest of $678 related to this convertible debenture.

 

c) On June 30, 2016, the Company issued a convertible debenture for $2,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due on December 31, 2016. On December 31, 2016, the Company missed the required payment of all principal and accrued interest, resulting in the interest rate increasing to 15% per year going forward. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $2,782 resulted in a full discount to the note payable of $2,000 and interest expense of $782. At February 28, 2017, the Company had amortized $2,000 of the discount to this convertible debenture and had accrued interest of $129 related to this convertible debenture.

 

 

d) On July 12, 2016, the Company issued a convertible debenture for $30,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due on December 31, 2016. On December 31, 2016, the Company missed the required payment of all principal and accrued interest, resulting in the interest rate increasing to 15% per year going forward. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $40,472 resulted in a full discount to the note payable of $30,000 and interest expense of $10,472. At February 28, 2017, the Company had amortized $30,000 of the discount to this convertible debenture and had accrued interest of $1,858 related to this convertible debenture.

 

e) On July 28, 2016, the Company issued a convertible debenture for $4,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due on January 28, 2017. On January 28, 2017, the Company missed the required payment of all principal and accrued interest, resulting in the interest rate increasing to 15% per year going forward. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $5,449 resulted in a full discount to the note payable of $4,000 and interest expense of $1,449. At February 28, 2017, the Company had amortized $4,000 of the discount to this convertible debenture and had accrued interest of $212 related to this convertible debenture.

 

f) On September 12, 2016, the Company issued a convertible debenture for $15,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due on January 31, 2017. On January 31, 2017, the Company missed the required payment of all principal and accrued interest, resulting in the interest rate increasing to 15% per year going forward. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $18,895 resulted in a full discount to the note payable of $15,000 and interest expense of $3,895. At February 28, 2017, the Company had amortized $15,000 of the discount to this convertible debenture and had accrued interest of $637 related to this convertible debenture.

 

g) On December 12, 2016, the Company issued a convertible debenture with a principal amount of $85,000 in exchange for proceeds of $75,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 10% per year, and is due on December 12, 2017. The note has an original issue discount (“OID”) of $5,000 and the Company paid expenses of $5,000. At any time on or after June 2, 2017, the unpaid amount of principal and interest can be converted at the holder’s option at the lowest price of either the closing price prior to the issue date or a price of 60% of the lowest trading price of the common stock during the 25-trading day period prior to the conversion date. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $108,482 resulted in a full discount to the note payable of $85,000 and interest expense of $33,482. At February 28, 2017, the Company had amortized $2,616 of the discount to this convertible debenture and had accrued interest of $1,816 related to this convertible debenture.

 

h) On December 15, 2016, the Company issued a convertible debenture with a principal amount of $85,000 in exchange for proceeds of $75,000. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 12% per year, and is due on September 15, 2017. The Company paid expenses of $10,000. At any time on or after 180 days from the date of issuance, the unpaid amount of principal and interest can be converted at the holder’s option at a price of 60% of the lowest trading price of the common stock during the 25-trading day period prior of either the issue date or the conversion date. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $91,802 resulted in a full discount to the note payable of $85,000 and interest expense of $16,802. At February 28, 2017, the Company had amortized $3,429 of the discount to this convertible debenture and had accrued interest of $2,125 related to this convertible debenture.

 

 

i) On January 18, 2017, the Company issued a convertible debenture with a principal of $135,000 in consideration for tranches of an aggregate $118,500. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 6% per year, and is due one year from when each tranche is received. The note has an original issue discount (“OID”) of $16,500. At any time, the unpaid amount of principal and interest can be converted at the holder’s option at a price of 60% of the lowest trading price of the common stock during the 25-trading day period prior to conversion. If at any time while the note is outstanding, the lowest trading price is equal to or lower than $0.035, then a discount rate of 50% will be assumed rather than the original 40%. On January 27, 2017, the Company received $38,000 from the initial tranche of $45,000. The Company paid a prorated amount of OID of $5,500 and expenses of $1,500. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $130,176 resulted in a full discount to the note payable of $45,000 and interest expense of $92,176. At February 28, 2017, the Company had amortized $751 of the discount to this convertible debenture and had accrued interest of $237 related to this convertible debenture.

 

j) On May 1, 2016, the Company issued a convertible debenture to a related party to settle accounts payable of $15,990. Pursuant to the terms of the agreement, the note is unsecured, bears interest at 8% per year, and is due one year from the date of issuance with the option of extending for an additional six months at the holder’s discretion. At the maturity date, the unpaid amount of principal can be converted at the holder’s option at a price of 50% of the ask price at the date of conversion. The embedded conversion option qualifies for derivative accounting and bifurcation. The initial fair value of the derivative liability of $23,757 resulted in a full discount to the note payable of $15,990 and interest expense of $7,767. At February 28, 2017, the Company had amortized $8,961 of the discount to this convertible debenture and had accrued interest of $1,062 related to this convertible debenture.
( us-gaap:CashAndCashEquivalentsDisclosureTextBlock )  
(End Disclosure - Convertible Debentures)
 
Disclosure - Derivative Liabilities
Disclosure - Derivative Liabilities (USD $) 3 Months Ended
( custom:NotesToFinancialStatementsAbstract [Extension] )  
  Feb. 28, 2017
   
   
   
Derivative Liabilities
      Derivative Values  
Issue date     November 30, 2016       Additions       Conversions       Fair Value Increase (Decrease)      

February 28, 2017

                                       
March 23, 2016 debenture   $ 6,951     $ —       $ —       $ (944)   $ 6,007
May 1, 2016 debenture     19,799       —         —         230       20,029
June 15, 2016 debenture     10,158       —         —         (158)     10,000
June 30, 2016 debenture     2,032       —         —         (32)     2,000
July 12, 2016 debenture     30,472       —         —         (472)     30,000
July 28, 2016 debenture     4,134       —         —         (134)     4,000
September 12, 2016 debenture     15,525       —         —         (525)     15,000
December 12, 2016 debenture     —         108,482       —         5,956       114,438
December 15, 2016 debenture     —         91,802       —         11,943       103,745
January 27, 2017 debenture     —         130,176       —         (68,999)     61,177
                                       
Total   $ 89,071     $ 330,460     $ —       $ (53,135)   $ 366,396
( us-gaap:DerivativesAndFairValueTextBlock )  
(End Disclosure - Derivative Liabilities)
 
Disclosure - Related Party Transactions
Disclosure - Related Party Transactions (USD $) 3 Months Ended
( us-gaap:RelatedPartyTransactionsAbstract )  
  Feb. 28, 2017
   
   
   
RELATED PARTY TRANSACTIONS

NOTE 7 – RELATED PARTY TRANSACTIONS

 

a) During the three months ended February 28, 2017, the Company incurred consulting and other business-related fees of $10,500 (2016 - $12,000) to a company whose CEO is the President of the Company. As of February 28, 2017, the Company owed $36,953 (November 30, 2016 - $41,453) to the company whose CEO is the President of the Company.

 

b) During the three months ended February 28, 2017, the Company incurred consulting fees and other business related fees of $4,001 (2016 - $3,124) to the company controlled by the Chief Technology Officer of the Company. As of February 28, 2017, the Company owed $14,000 (November 30, 2016 - $11,000) to a company controlled by the Chief Technology Officer of the Company.

 

c) During the three months ended February 28, 2017, the Company incurred consulting and other business-related fees of $3,000 (2016 - $9,000) to the Chief Revenue Officer of the Company. As of February 28, 2017, the Company owed $13,000 (November 30, 2016 - $10,000) to the Chief Revenue Officer of the Company.

 

d) During the three months ended February 28, 2017, the Company incurred advisory, consulting and other business-related fees of $24,000 (2016 - $19,700) to the Chief Strategy Officer of the Company. As of February 28, 2017, the Company owed $17,424 (November 30, 2016 – 31,639) to the Chief Strategy Officer of the Company.

 

e) During the three months ended February 28, 2017, the Company incurred consulting and other business-related fees of $16,500 (2016 - $nil) to a significant shareholder of the Company. As of February 28, 2017, the Company owed $120,695 (November 30, 2016 - $79,385) to the significant shareholder of the Company.

 

f) As of February 28, 2017, the Company owed $200 (November 30, 2016 - $200) to the President of the Company, which is non-interest bearing, unsecured and due on demand.

 

g) On November 21, 2014, the Company entered into an Agreement of Conveyance, Transfer and Assignment of Assets and Assumption of Obligations with directors of the Company. Pursuant to the agreement, the Company transferred all assets and business operations associated with hexagon fishing nets to the directors of the Company. In exchange, the directors of the Company agreed to cancel 24,438,333 shares in the Company and assume and cancel all liabilities relating to the Company’s former business, including officer loans amounting to $100,814. A director of the Company retained 361,667 shares of common stock in the Company. In consideration for the cancellation of amounts due to officer and the return of the shares, the Company issued a $25,000 promissory note to the director of the Company. Refer to Note 4(a). As a result of the forgiveness of the loans and cancellation of stock, the Company recognized $75,814 as a contribution to capital.

 

h) On November 21, 2014, the Company entered into a License Agreement with the Chief Executive Officer of the Company (Note 10(h)). At November 30, 2014, the Company was indebted to the Chief Executive Officer of the Company for $150,000 related to the License Agreement. The amount was due by February 19, 2015. As of February 28, 2017, the amount has not been paid by the Company.
( us-gaap:RelatedPartyTransactionsDisclosureTextBlock )  
(End Disclosure - Related Party Transactions)
 
Disclosure - Capital Stock
Disclosure - Capital Stock (USD $) 3 Months Ended
( us-gaap:EquityAbstract )  
  Feb. 28, 2017
   
   
   
Capital Stock

NOTE 8 – CAPITAL STOCK

 

The authorized capital of the Company is 500,000,000 common shares with a par value of $ 0.001 per share and 100,000,000 preferred shares with a par value of $0.001 per share.

 

a) On April 14, 2016, the Company’s board of directors and a majority of the shareholders of the Company approved an amendment to the Articles of Incorporation to effectuate a one for three reverse stock split of the outstanding shares of common stock of the Company. The reverse stock split became effective on May 24, 2016. All share and per share data in these financial statements and footnotes have been retrospectively adjusted to account for this reverse stock split.

 

b) On September 14, 2016, the Company designated, at its discretion, a class of Series B Preferred Stock. The Series B Preferred Stock consists of 2,000,000 shares. The holders of The Series B Preferred Stock have no dividend rights except as may be declared by the Company at its discretion. The Series B Preferred Shares have voting rights of 10 votes per share and liquidation preference on an equal basis per share with holders of the Common Stock and the Series A Preferred Stock, subject to any preference given to the holders of the Series A Preferred Stock. Series B Preferred Stock are convertible into common shares on a 1:100 basis. As of February 28, 2017, the Company has $5,820,000 of stock payable related to the issuance of 750,000 shares of Series B Preferred Stock pursuant to the asset acquisition described in Note 3.
( us-gaap:ScheduleOfStockByClassTextBlock )  
(End Disclosure - Capital Stock)
 
Disclosure - Stock Based Compensation
Disclosure - Stock Based Compensation (USD $) 3 Months Ended
( us-gaap:EquityAbstract )  
  Feb. 28, 2017
   
   
   
Stock Based Compensation

NOTE 9 – STOCK-BASED COMPENSATION

 

On May 23, 2016, the Company adopted an Equity Incentive Plan under which the Company can grant up to 8,333,333 common shares to its officers, directors, employees and consultants. The Equity Incentive Plan provides for the granting of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, stock units, performance shares and performance units.

 

On May 24, 2016, the Company granted 4,000,000 stock options to the Chief Strategy Officer of the Company, each of which is exercisable into one common share of the Company at a price of $0.04 per share until May 24, 2018. On the grant date the stock options were deemed to have a fair value of $0.1476 per option, totaling $590,492. The stock options will vest as follows: 2,000,000 options will vest on May 24, 2017 and 2,000,000 options will vest on May 24, 2018. As a result of these stock options vesting over a period of two years, during the three months ended February 28, 2017 (2016 - $nil), the Company recognized $110,717 in stock-based compensation.

 

The fair value of each option granted was estimated on the date of grant using the Black-Scholes option pricing model with the weighted average assumption for the year ending November 30, 2016:

 

    2016
Expected dividend yield   0%
Risk-free interest rate   0.92%
Expected volatility   303%
Expected option life (in years)   2.00

 

The following table summarizes the Company’s stock options:

 

    Number of Options   Weighted Average Exercise Price   Weighted-Average Remaining Contractual Term (years)   Aggregate Intrinsic Value
        $       $
Outstanding, November 30, 2016       4,000,000       0.04     1.48     112,000
                             
Granted       —         —       —       —  
                             
Outstanding, February 28, 2017       4,000,000       0.04     1.23     39,600
                             
Exercisable, February 28, 2017       —         —       —       —  
( us-gaap:ShareholdersEquityAndShareBasedPaymentsTextBlock )  
(End Disclosure - Stock Based Compensation)
 
Disclosure - Commitments
Disclosure - Commitments (USD $) 3 Months Ended
( us-gaap:CommitmentsAndContingenciesDisclosureAbstract )  
  Feb. 28, 2017
   
   
   
COMMITMENTS

NOTE 10 – COMMITMENTS

 

a) On June 25, 2015, the Company entered into a consultancy agreement with a company controlled by the Chief Technology Officer of the Company. Pursuant to the agreement, the Company will pay $1,000 a month for consulting services for a term of one year. As of February 28, 2017, the Chief Technology Officer continues to provide consulting services for the Company and the Company continues to accrue $1,000 a month for these services.

 

b) On August 17, 2015, the Company entered into a consultancy agreement with the Chief Revenue Officer of the Company. Pursuant to the agreement, the Company will pay $1,000 a month for consulting services for a term of one year. As of February 28, 2017, the Chief Revenue Officer continues to provide consulting services for the Company and the Company continues to accrue $1,000 a month for these services.

 

c) On August 17, 2015, the Company entered into a consultancy agreement with the President of the Company. Pursuant to the agreement, the Company will pay $3,500 a month for consulting services for a term of one year. As of February 28, 2017, the President continues to provide consulting services for the Company and the Company continues to accrue $3,500 a month for these services.

 

d) On August 17, 2015, the Company entered into an advisory board agreement with two Advisory Board Members of the Company for terms of one year each. As of February 28, 2017, the two Advisory Board Members continue to be Advisory Board Members of the Company.

 

e) On August 28, 2015, the Company entered into an advisory board agreement with an Advisory Board Member of the Company for a term of one year. As of February 28, 2017, the Advisory Board Member continues to be an Advisory Board Member of the Company.

 

f) On September 1, 2015, the Company entered into a consultancy agreement with a significant shareholder of the Company. Pursuant to the agreement, the Company will pay $5,500 a month for consulting services for a term of one year. The Company extended the consultancy agreement with this significant shareholder for a term of one year and will continue to pay $5,500 a month until September 2017.

 

g) On September 17, 2015, the Company entered into an advisory board agreement with an Advisory Board Member of the Company. Pursuant to an amendment to the agreement dated January 1, 2016, the Company will pay $8,000 a month for advisory services until September 17, 2016. On May 24, 2016, the Company’s board of directors appointed this Advisory Board Member to become the Chief Strategy Officer of the Company. Effective September 17, 2016, the agreement was extended for an additional six months, whereas the Company will continue to pay $8,000 a month for advisory services.

 

h) The Company entered into an agreement on April 12, 2016 with the Chief Executive Officer of the Company. Pursuant to the agreement, the Company is required to pay $150,000 in cash for a license and issue a number of shares of the Company’s common stock necessary to give 55% of the total issued and outstanding shares of the Company to PayFlex Systems (“PayFlex”) or its nominees. In addition, the Company is required to issue a number of shares of the Company’s common stock necessary to give 70% of the total issued and outstanding shares of the Company to PayFlex or its nominees on the anniversary of the Licensing Agreement in which the Company’s audited filed financial statements for gross annual revenues attributable to the business exceeds $5,000,000. The President of PayFlex is the Company’s Chief Executive Officer. The Company is also required to raise $200,000 for its own working capital needs within 90 days of closing the License Agreement. As of the date of these financial statements, the Company was not able to raise the funding requirement for the agreement with PayFlex.
( us-gaap:CommitmentsDisclosureTextBlock )  
(End Disclosure - Commitments)
 
Disclosure - Legal Proceedings
Disclosure - Legal Proceedings (USD $) 3 Months Ended
( CommitmentsAndContingenciesDisclosureAbstract )  
  Feb. 28, 2017
   
   
   
Legal Proceedings

NOTE 11 – LEGAL PROCEEDINGS

 

On February 1, 2017, the Company became a defendant in a civil matter pending in Miami-Dade County, Florida. The lawsuit was brought by a current vendor, seeking restitution for an outstanding debt totaling $8,144, plus court costs. The Company and the vendor settled the case and the Company agreed to pay the vendor $2,000 a month until the debt has been paid.

( us-gaap:LegalMattersAndContingenciesTextBlock )  
(End Disclosure - Legal Proceedings)
 
Disclosure - Subsequent Events
Disclosure - Subsequent Events (USD $) 3 Months Ended
( us-gaap:SubsequentEventsAbstract )  
  Feb. 28, 2017
   
   
   
Subsequent Events

NOTE 12 – SUBSEQUENT EVENT

 

On March 22, 2017, the Company was informed that it missed payments related to its civil matter referred to in Note 11, and that it would be garnished in the amount of $12,505.

( us-gaap:SubsequentEventsTextBlock )  
(End Disclosure - Subsequent Events)
 
Disclosure - Summary of Significant Accounting Policies (Policies)
Disclosure - Summary of Significant Accounting Policies (Policies) (USD $) 3 Months Ended
( us-gaap:AccountingPoliciesAbstract )  
  Feb. 28, 2017
   
   
   
Basis of Presentation

Basis of Presentation

 

These financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States and are expressed in US dollars. The Company’s fiscal year end is November 30.

( us-gaap:BasisOfAccounting )  
Interim Financial Statements

Software Development Costs

 

Costs incurred internally in the research and development of the software products and significant enhancements to existing software products are expensed as incurred until the technologically feasibility of the product has been established. Technological feasibility occurs shortly before internally developed products are available for general release. Costs paid to third parties for products in which technological feasibility has been established are capitalized upon purchase of software.

( custom:InterimFinancialStatementsPolicyTextBlock [Extension] )  
Use of Estimates

Use of Estimates

 

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to long-lived assets, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

( us-gaap:UseOfEstimates )  
Financial Instruments

Financial Instruments

 

The Company’s financial instruments consist of cash, accounts receivable, prepaid expenses, accounts payable and accrued expenses, amounts due to officers, notes payable, convertible debentures, derivative liabilities and deferred revenue. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

( us-gaap:FairValueOfFinancialInstrumentsPolicy )  
Cash and Cash Equivalents

Cash and Cash Equivalents

 

The Company considers all highly liquid instruments with maturity of three months or less be cash equivalents.

( us-gaap:CashAndCashEquivalentsPolicyTextBlock )  
Software Development Costs

Software Development Costs

 

Costs incurred internally in the research and development of the software products and significant enhancements to existing software products are expensed as incurred until the technologically feasibility of the product has been established. Technological feasibility occurs shortly before internally developed products are available for general release. Costs paid to third parties for products in which technological feasibility has been established are capitalized upon purchase of software.

( custom:InterimFinancialStatementsPolicyTextBlock [Extension] )  
Property and Equipment

Property and Equipment

 

Property and equipment is stated at cost, less accumulated depreciation and any impairment in value. Long-lived assets, including property and equipment, are assessed for impairment whenever events or changes in business circumstances arise than may indicate that the carrying amount of the long-lived asset may not be recoverable. Depreciation is calculated on a straight line bases over its estimated useful life.

 

( custom:PropertyAndEquipment [Extension] )  
Intangible Assets

Intangible Assets

 

Software, licenses and other rights have been capitalized. Amortization is calculated on a straight line basis over its estimated useful life.

 

If the total of the expected undiscounted future cash flows is less than the carrying amount of the asset, an impairment is recognized for the excess of the carrying value over the fair value of the asset.

( us-gaap:IntangibleAssetsFiniteLivedPolicy )  
Income Taxes

Income Taxes

 

The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized.

 

Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has no current operations.

( us-gaap:IncomeTaxPolicyTextBlock )  
Revenue Recognition

Revenue Recognition

 

The Company derives revenue from subscriptions for software that provide secure payment solutions, from the provision of customized development services and from the provision of secure on demand infrastructure.

 

The Company recognizes revenue when persuasive evidence of an arrangement exists, products are fully delivered and services have been provided, the sales price is fixed or determinable and collectability is reasonably assured. Advance payments from customers are deferred and recorded in deferred revenue. During the period ended February 28, 2017, the Company received $2,970 from customers for services to be provided by the Company. Revenue will be recorded by the Company when the service is provided.

 

All of the Company’s revenues during the three months ended February 28, 2017 resulted from three customers.

( us-gaap:RevenueRecognitionPolicyTextBlock )  
Stock-based Compensation

Stock-based Compensation

 

The Company measures and recognizes compensation expense based on estimated fair values for all share-based awards made to employees and directors, including stock options.

 

The company estimates the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period.

 

Options granted to consultants are valued at the fair value of the equity instruments issued, or the fair value of the services received, whichever is more reliably measurable.

( us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy )  
Subsequent Events

Subsequent Events

 

The Company has evaluated all transactions through the date the financial statements were issued for subsequent event disclosure consideration.

( us-gaap:SubsequentEventsPolicyPolicyTextBlock )  
Loss Per Common Share

Loss Per Common Share

 

Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As of February 28, 2017, the Company had 15,201,710 (2016 – 5,999,707) dilutive potential shares outstanding.

( us-gaap:EarningsPerSharePolicyTextBlock )  
Recent Accounting Pronouncements

Recent Accounting Pronouncements

 

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements.

 

In August 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-15, “Presentation of Financial Statements - Going Concern”. The Update provides US GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures. For each reporting period, management will be required to evaluate whether there are conditions or events that raise substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. The Company adopted this pronouncement effective for the period ended February 28, 2017. The adoption did not have a material impact to the financial statements.

( us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock )  
(End Disclosure - Summary of Significant Accounting Policies (Policies))
 
Disclosure - Notes Payable (Tables)
Disclosure - Notes Payable (Tables) (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Feb. 28, 2017
   
   
   
Notes Payable
Issue date   February 28,
2017
  November 30,
2016
November 24, 2014 note (a)   $ 25,000     $ 25,000
March 26, 2015 note (b)     75,000       75,000
August 7, 2015 note (c)     50,000       50,000
September 25, 2015 note (d)     14,700       14,700
October 15, 2015 note (e)     125,000       125,000
Total   $ 289,700     $ 289,700
( custom:NotePayable [Extension] )  
Notes Payable Related Parties
Issue date   February 28,
2017
  November 30,
2016
October 5, 2015 note (f)   $ 5,000     $ 5,000
October 15, 2015 note (g)     32,258       32,258
February 12, 2016 note (h)     3,425       3,733
October 18, 2016 note (i)     3,045       3,045
Total   $ 43,728     $ 44,036
( custom:NotePayableRelatedParty [Extension] )  
(End Disclosure - Notes Payable (Tables))
 
Disclosure - Convertible Debentures (Tables)
Disclosure - Convertible Debentures (Tables) (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Feb. 28, 2017
   
   
   
Convertible Debentures
Issue date   February 28,
2017
  November 30,
2016
March 23, 2016 debenture (a)   $ 6,000     $ 6,000
June 15, 2016 debenture (b)     10,000       10,000
June 30, 2016 debenture (c)     2,000       2,000
July 12, 2016 debenture (d)     30,000       30,000
July 28, 2016 debenture (e)     4,000       4,000
September 12, 2016 debenture (f)     15,000       15,000
December 12, 2016 debenture (g)     85,000       —  
December 15, 2016 debenture (h)     85,000       —  
January 27, 2017 debenture (i)     45,000       —  
      282,000       67,000
Less: debt discount     (209,516 )     (39,688)
Total   $ 72,484     $ 27,312
( us-gaap:ConvertibleDebtTableTextBlock )  
Convertible Debentures Related Party
Issue date   February 28,
2017
  November 30,
2016
May 1, 2016 debenture (j)   $ 15,990     $ 15,990
      15,990       15,990
Less: debt discount     (7,029 )     (12,177)
Total   $ 8,961     $ 3,813
( custom:ConvertibleDebentureRelatedParty [Extension] )  
(End Disclosure - Convertible Debentures (Tables))
 
Disclosure - Derivative Liabilities (Tables)
Disclosure - Derivative Liabilities (Tables) (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Feb. 28, 2017
   
   
   
Black-Scholes option pricing model
    Expected Volatility   Risk-free Interest Rate   Expected Dividend Yield   Expected Life (in years)
                 
  At November 30, 2016     131% - 223%   0.36% - 0.68%     0% 0.08-1.00
  At February 28, 2017     113% - 280%   0.40% - 0.88%     0%   0.06-1.00
( us-gaap:DebtAndCapitalLeasesDisclosuresTextBlock )  
Derivative Values
      Derivative Values  
Issue date     November 30, 2016       Additions       Conversions       Fair Value Increase (Decrease)      

February 28, 2017

                                       
March 23, 2016 debenture   $ 6,951     $ —       $ —       $ (944)   $ 6,007
May 1, 2016 debenture     19,799       —         —         230       20,029
June 15, 2016 debenture     10,158       —         —         (158)     10,000
June 30, 2016 debenture     2,032       —         —         (32)     2,000
July 12, 2016 debenture     30,472       —         —         (472)     30,000
July 28, 2016 debenture     4,134       —         —         (134)     4,000
September 12, 2016 debenture     15,525       —         —         (525)     15,000
December 12, 2016 debenture     —         108,482       —         5,956       114,438
December 15, 2016 debenture     —         91,802       —         11,943       103,745
January 27, 2017 debenture     —         130,176       —         (68,999)     61,177
                                       
Total   $ 89,071     $ 330,460     $ —       $ (53,135)   $ 366,396
( us-gaap:DerivativesAndFairValueTextBlock )  
(End Disclosure - Derivative Liabilities (Tables))
 
Disclosure - Stock Based Compensation (Tables)
Disclosure - Stock Based Compensation (Tables) (USD $) 3 Months Ended
( us-gaap:DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract )  
  Feb. 28, 2017
   
   
   
Black-Scholes option pricing model
    2016
Expected dividend yield   0%
Risk-free interest rate   0.92%
Expected volatility   303%
Expected option life (in years)   2.00
( custom:BlackScholes [Extension] )  
Stock Options
    Number of Options   Weighted Average Exercise Price   Weighted-Average Remaining Contractual Term (years)   Aggregate Intrinsic Value
        $       $
Outstanding, November 30, 2016       4,000,000       0.04     1.48     112,000
                             
Granted       —         —       —       —  
                             
Outstanding, February 28, 2017       4,000,000       0.04     1.23     39,600
                             
Exercisable, February 28, 2017       —         —       —       —  
( us-gaap:ScheduleOfStockOptionsRollForwardTableTextBlock )  
(End Disclosure - Stock Based Compensation (Tables))
 
Disclosure - Summary of Significant Accounting Policies (Details Narrative)
Disclosure - Summary of Significant Accounting Policies (Details Narrative) (USD $) 3 Months Ended    
( us-gaap:AccountingPoliciesAbstract )      
  Feb. 28, 2017 Feb. 28, 2017 Feb. 29, 2016
       
       
       
Current Fiscal Year End --11-30    
( dei:CurrentFiscalYearEndDate )      
Received for Services 2,970    
( custom:ReceivedForServices [Extension] )      
Shares Outstanding 2016     5,999,707
( custom:SharesOutstanding2016 [Extension] )      
Dilutive Potential Shares Outstanding   15,201,710  
( custom:DilutivePotentialSharesOutstanding [Extension] )      
(End Disclosure - Summary of Significant Accounting Policies (Details Narrative))
 
Disclosure - Software Assets (Details)
Disclosure - Software Assets (Details) (USD $) 3 Months Ended
( LeasesAbstract )  
  Feb. 28, 2017
   
   
   
Software Purchase Agreement Date 2016-09-22
( custom:SoftwarePurchaseAgreementDate [Extension] )  
Series B Preferred Stock Issued 375,000
( custom:SeriesBPreferredStockIssued [Extension] )  
Fair Value of Preferred Stock 5,820,000
( custom:FairValueOfPreferredStock [Extension] )  
Preferred Stock not issued 750,000
( custom:PreferredSotckNotIssued [Extension] )  
Impairment 5,820,000
( custom:Impairment [Extension] )  
(End Disclosure - Software Assets (Details))
 
Statement - Notes Payable (Details)
Statement - Notes Payable (Details) (USD $) 3 Months Ended    
( custom:ConvertibleNotesPayableDetailsAbstract [Extension] )      
  Feb. 28, 2017 Feb. 28, 2017 Nov. 30, 2016
       
       
       
Note A   25,000 25,000
( custom:NoteA [Extension] )      
Issue Date Note A 2014-11-24    
( custom:IssueDateA [Extension] )      
Note B   75,000 75,000
( custom:NoteB [Extension] )      
Issue Date Note B 2015-03-26    
( custom:IssueDateB [Extension] )      
Note C   50,000 50,000
( custom:NoteC [Extension] )      
Issue Date Note C 2015-08-07    
( custom:IssueDateC [Extension] )      
Note D   14,700 14,700
( custom:NoteD [Extension] )      
Issue Date Note D 2015-09-25    
( custom:IssueDateD [Extension] )      
Note E   125,000 125,000
( custom:NoteE [Extension] )      
Issue Date Note E 2015-10-15    
( custom:IssueDateE [Extension] )      
Total Notes Payable   289,700 289,700
( custom:TotalNotesPayable [Extension] )      
Note F   5,000 5,000
( custom:NoteF [Extension] )      
Issue Date Note F 2015-10-05    
( custom:IssueDateF [Extension] )      
Note G   32,258 32,258
( custom:NoteG [Extension] )      
Issue Date Note G 2015-10-15    
( custom:IssueDateG [Extension] )      
Note H   3,425 3,733
( custom:NoteH [Extension] )      
Issue Date Note H 2016-02-12    
( custom:IssueDateH [Extension] )      
Note I   3,045 3,045
( custom:NoteI [Extension] )      
Issue Date Note I 2016-10-18    
( custom:IssueDateI [Extension] )      
Total Notes Payable Related Party   43,728 44,036
( custom:TotalNotesPayableRelatedParty [Extension] )      
(End Statement - Notes Payable (Details))
 
Disclosure - Notes Payable (Details Narrative)
Disclosure - Notes Payable (Details Narrative) (USD $) 0 Months Ended                
( us-gaap:DebtDisclosureAbstract )                  
  Aug. 7, 2015 Mar. 26, 2015 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Jun. 2, 2016
( us-gaap:LongtermDebtTypeAxis )                    
  Loans Payable [Member] Loans Payable [Member] Loans Payable Seven Loans Payable Six Loans PayableFive Loans Payable Four Loans PayableThree Loans Payable Two Loans Payable One LoansPayableEightMember
( us-gaap:LongtermDebtTypeDomain )                    
Loans payable                   2,000
( us-gaap:LoansPayableCurrent )                    
Loans interest rate                    
( us-gaap:DebtInstrumentInterestRateStatedPercentage )                    
Loans maturity date 2016-08-07 2016-03-31                
( us-gaap:DebtInstrumentMaturityDate )                    
Accrued interest     45 2,815 715 19,682 1,870 11,690 18,771  
( custom:AccuredInterestCurrent [Extension] )                    
Increased Interest Rate                    
( custom:IncreasedInterestRate [Extension] )                    
Promissory Note                    
( us-gaap:NotesAndLoansPayable )                    
Payable from Revenue                    
( custom:PayableFromRevenue [Extension] )                    
Payable from funding     2,575   20,000          
( custom:PayableFromFunding [Extension] )                    
 
Table continued from above
 
Disclosure - Notes Payable (Details Narrative) (USD $)                    
( us-gaap:DebtDisclosureAbstract )                    
  Aug. 31, 2015 Oct. 18, 2016 Apr. 26, 2016 Feb. 12, 2016 Oct. 5, 2015 Oct. 15, 2015 Sep. 25, 2015 Aug. 7, 2015 Mar. 26, 2015 Nov. 24, 2014
( us-gaap:LongtermDebtTypeAxis )                    
    Loans Payable Eight Loans Payable Seven LoansPayableFiverMember LoansPayableSevemMember Loans Payable Four Loans Payable Six Loans Payable [Member] Loans Payable [Member] Promissory Note
( us-gaap:LongtermDebtTypeDomain )                    
Loans payable 125,000 3,045 6,000 32,258 25,000 125,000 14,700 50,000 75,000  
( us-gaap:LoansPayableCurrent )                    
Loans interest rate   0.08 0.08 0.08 0.08 0.21 0.015 0.085 0.075  
( us-gaap:DebtInstrumentInterestRateStatedPercentage )                    
Loans maturity date                    
( us-gaap:DebtInstrumentMaturityDate )                    
Accrued interest                    
( custom:AccuredInterestCurrent [Extension] )                    
Increased Interest Rate           0.14 0.14 0.17 0.15  
( custom:IncreasedInterestRate [Extension] )                    
Promissory Note                   25,000
( us-gaap:NotesAndLoansPayable )                    
Payable from Revenue     0.50              
( custom:PayableFromRevenue [Extension] )                    
Payable from funding     100,000              
( custom:PayableFromFunding [Extension] )                    
(End Disclosure - Notes Payable (Details Narrative))
 
Statement - Convertible Debentures (Details)
Statement - Convertible Debentures (Details) (USD $)    
( custom:ConvertibleNotesPayableDetailsAbstract [Extension] )    
  Feb. 28, 2017 Nov. 30, 2016
     
     
     
Debenture One 6,000 6,000
( custom:DebentureOne [Extension] )    
Debenture Two 10,000 10,000
( custom:DebentureTwo [Extension] )    
Debenture Three 2,000 2,000
( custom:DebentureThree [Extension] )    
Debenture Four 30,000 30,000
( custom:DebentureFour [Extension] )    
Debenture Five 4,000 4,000
( custom:DebentureFive [Extension] )    
Debenture Six 15,000 15,000
( custom:DebentureSix [Extension] )    
Debenture Seven 85,000  
( custom:DebentureSeven [Extension] )    
Debenture Eight 85,000  
( custom:Debenture8 [Extension] )    
Total Debentures 282,000 67,000
( custom:TotalDebentures [Extension] )    
Less: Debt Discount (209,516 ) (39,688 )
( custom:LessDebtDiscount [Extension] )    
Total 72,484 27,312
( custom:Total [Extension] )    
(End Statement - Convertible Debentures (Details))
 
Statement - Convertible Debentures Related Party (Details)
Statement - Convertible Debentures Related Party (Details) (USD $)    
( custom:ConvertibleNotesPayableDetailsAbstract [Extension] )    
  Feb. 28, 2017 Nov. 30, 2016
     
     
     
Debenture Related Party One 15,990 15,990
( custom:DebentureRelatedPartyOne [Extension] )    
Total Debentures 15,990 15,990
( custom:TotalRelatedParty [Extension] )    
Less: Debt Discount (7,029 ) (12,177 )
( custom:LessDebtDiscountRelatedParty [Extension] )    
Total 8,961 3,813
( custom:TotalDebenturesRelatedParty [Extension] )    
(End Statement - Convertible Debentures Related Party (Details))
 
Disclosure - Convertible Debentures (Details Narrative)
Disclosure - Convertible Debentures (Details Narrative) (USD $)                    
( us-gaap:DebtDisclosureAbstract )                    
  Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017
( custom:May1DebentureAxis [Extension] )                    
  May 1, 2016 Debenture January 18, 2017 Debenture December 15, 2016 Debenture December 12, 2016 Debenture September 12, 2016 Debenture July 28, 2016 Debenture July 12, 2016 Debenture June 30, 2016 Debenture June, 2016 Debenture March 23, 2016 Debenture
( custom:May1DebentureDomain [Extension] )                    
Convertible Debenture                    
( us-gaap:ConvertibleNotesPayable )                    
Exchange for Proceeds                    
( custom:ExchangeForProceeds [Extension] )                    
Convertible Debenture Interest Rate                    
( custom:ConvertibleDebentureInterestRate [Extension] )                    
Interest Rate Going Forward                    
( custom:InterestRateGoingForward [Extension] )                    
Value of Debenture                    
( custom:ValueOfDebenture [Extension] )                    
Discount to Note Payable                    
( custom:DiscountToNotePayable [Extension] )                    
Loss on Derivatives                    
( custom:LossOnDerivative [Extension] )                    
Amortized Amount 8,961 751 3,429 2,616 15,000 4,000 30,000 2,000 10,000 4,688
( custom:AmortizedAmount [Extension] )                    
Accrued Interest 1,062 237 2,125 1,816 637 212 1,858 129 678 450
( custom:AccruedInterest [Extension] )                    
Original Issue Discount                    
( custom:OriginalDebtDiscount [Extension] )                    
Paid Expense                    
( custom:PaidExpense [Extension] )                    
Lowest Trading Price Percentage                    
( custom:LowestTradingPricePercentage [Extension] )                    
Amortization of Debt Discount                    
( custom:AmortixzationOfDebtDiscount [Extension] )                    
 
Table continued from above
 
Disclosure - Convertible Debentures (Details Narrative) (USD $)                    
( us-gaap:DebtDisclosureAbstract )                    
  May. 1, 2016 Jan. 18, 2017 Dec. 15, 2016 Dec. 12, 2016 Sep. 12, 2016 Jul. 28, 2016 Jul. 12, 2016 Jun. 30, 2016 Jun. 15, 2016 Mar. 23, 2016
( custom:May1DebentureAxis [Extension] )                    
                     
( custom:May1DebentureDomain [Extension] )                    
Convertible Debenture   135,000 85,000 85,000 15,000          
( us-gaap:ConvertibleNotesPayable )                    
Exchange for Proceeds   118,500 75,000 75,000            
( custom:ExchangeForProceeds [Extension] )                    
Convertible Debenture Interest Rate 0.08 0.06 0.12 0.10 0.08 0.08 0.08 0.08 0.08 0.08
( custom:ConvertibleDebentureInterestRate [Extension] )                    
Interest Rate Going Forward               0.15 0.15  
( custom:InterestRateGoingForward [Extension] )                    
Value of Debenture 23,757 130,176 91,802 108,482 18,895 5,449 40,472 2,782 14,129 9,815
( custom:ValueOfDebenture [Extension] )                    
Discount to Note Payable 15,990 45,000 85,000 85,000 15,000 4,000 30,000 2,000 10,000 6,000
( custom:DiscountToNotePayable [Extension] )                    
Loss on Derivatives (7,767 ) (92,176 ) (16,802 ) (33,482 ) (3,895 ) (1,449 ) (10,472 ) (782 ) (4,129 ) (3,815 )
( custom:LossOnDerivative [Extension] )                    
Amortized Amount                    
( custom:AmortizedAmount [Extension] )                    
Accrued Interest                    
( custom:AccruedInterest [Extension] )                    
Original Issue Discount   16,500   5,000            
( custom:OriginalDebtDiscount [Extension] )                    
Paid Expense     10,000 5,000            
( custom:PaidExpense [Extension] )                    
Lowest Trading Price Percentage   0.60 0.60 0.60            
( custom:LowestTradingPricePercentage [Extension] )                    
Amortization of Debt Discount                    
( custom:AmortixzationOfDebtDiscount [Extension] )                    
 
Table continued from above
 
Disclosure - Convertible Debentures (Details Narrative) (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Feb. 28, 2017 Feb. 29, 2016
( custom:May1DebentureAxis [Extension] )    
     
( custom:May1DebentureDomain [Extension] )    
Convertible Debenture    
( us-gaap:ConvertibleNotesPayable )    
Exchange for Proceeds    
( custom:ExchangeForProceeds [Extension] )    
Convertible Debenture Interest Rate    
( custom:ConvertibleDebentureInterestRate [Extension] )    
Interest Rate Going Forward    
( custom:InterestRateGoingForward [Extension] )    
Value of Debenture    
( custom:ValueOfDebenture [Extension] )    
Discount to Note Payable    
( custom:DiscountToNotePayable [Extension] )    
Loss on Derivatives    
( custom:LossOnDerivative [Extension] )    
Amortized Amount    
( custom:AmortizedAmount [Extension] )    
Accrued Interest    
( custom:AccruedInterest [Extension] )    
Original Issue Discount    
( custom:OriginalDebtDiscount [Extension] )    
Paid Expense    
( custom:PaidExpense [Extension] )    
Lowest Trading Price Percentage    
( custom:LowestTradingPricePercentage [Extension] )    
Amortization of Debt Discount 50,320 0
( custom:AmortixzationOfDebtDiscount [Extension] )    
(End Disclosure - Convertible Debentures (Details Narrative))
 
Disclosure - Derivative Liabilities (Details)
Disclosure - Derivative Liabilities (Details) (USD $) 3 Months Ended    
( custom:DerivitaveLiabilities [Extension] )      
  Feb. 28, 2017 Feb. 28, 2017 Nov. 30, 2016 Feb. 28, 2017
( us-gaap:LongtermDebtTypeAxis )        
  Derivitave Value Additions Fair Value Increase (Decrease)    
( us-gaap:LongtermDebtTypeDomain )        
Expected Volatility Range Start     131 113
( custom:ExpectedVolatilityRange [Extension] )        
Expected Volatility Range End     223 280
( custom:ExpectedVolatilityRangeEnd [Extension] )        
Risk-Free Interest Rate Range Start     0.36 0.40
( custom:RiskFreeInterestRateStart [Extension] )        
Risk-Free Interest Rate Range End     0.68 0.88
( custom:RickFreeInterestRateEnd [Extension] )        
Expected Dividend Yield Range     0 0
( custom:ExpectedDividendStart [Extension] )        
Expected Life (in years) Range Start     0.08 0.06
( custom:ExpectedLifeStart [Extension] )        
Expected Life (in years) Range End     1.00 1.00
( custom:ExpectedLifeEnd [Extension] )        
Debenture One 3/23/2016     6,951 6,007
( custom:Debenture1 [Extension] )        
Debenture Two 5/1/2016     19,799 20,029
( custom:Debenture2 [Extension] )        
Debenture Three 6/15/2016     10,158 10,000
( custom:Debenture3 [Extension] )        
Debenture Four 6/30/2016     2,032 2,000
( custom:Debenture4 [Extension] )        
Debenture Five 7/12/2016     30,472 30,000
( custom:Debenture5 [Extension] )        
Debenture Six 7/28/2016     4,134 4,000
( custom:Debenture6 [Extension] )        
Debenture Seven 9/12/2016     15,525 15,000
( custom:DebentureSeven2 [Extension] )        
Debenture Eight 12/12/2016       114,438
( custom:DebentureEight [Extension] )        
Debenture Nine 12/15/2016       103,745
( custom:DebentureNine [Extension] )        
Debenture Ten 1/27/2017       61,177
( custom:DebentureTen [Extension] )        
Total     89,071 366,396
( custom:TotalD [Extension] )        
Debenture One   (944 )    
( custom:DebentureMarch [Extension] )        
Debenture Two   230    
( custom:DebentureNumberTwo [Extension] )        
Debenture Three   (158 )    
( custom:DebentureNumber3 [Extension] )        
Debenture Four   (32 )    
( custom:DebentureNumberFour [Extension] )        
Debenture Five   (472 )    
( custom:DebentureNumber5 [Extension] )        
Debenture Six   (134 )    
( custom:DebentureNumberSix [Extension] )        
Debenture Seven   (525 )    
( custom:DebentureSeven1 [Extension] )        
Debenture Eight 108,482 5,956    
( custom:DebentureEight8 [Extension] )        
Debenture Nine 91,802 11,943    
( custom:Debenture9 [Extension] )        
Debenture Ten 130,176 (68,999 )    
( custom:Debenture10 [Extension] )        
Total 330,460 (51,135 )    
( custom:Totals [Extension] )        
(End Disclosure - Derivative Liabilities (Details))
 
Disclosure - Related Party Transactions (Details)
Disclosure - Related Party Transactions (Details) (USD $) 1 Month Ended 3 Months Ended      
( us-gaap:RelatedPartyTransactionsAbstract )          
  Nov. 21, 2014 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017 Feb. 28, 2017
( us-gaap:RelatedPartyTransactionsByRelatedPartyAxis )                    
  Director [Member] Chief Executive Officer [Member] Chief Technology Officer [Member] Chief Revenue Officer [Member] Advisory Board Member Significant Shareholder 1 President [Member] Chief Executive Officer [Member] Chief Technology Officer [Member] Chief Revenue Officer [Member]
( us-gaap:RelatedPartyDomain )                    
Related Party Transactions Textual [Abstract]                    
( custom:RelatedPartyTransactionsTextualAbstract [Extension] )                    
    Consulting fees   10,500 4,001 3,000 24,000 16,500 200      
    ( custom:ConsultingFees [Extension] )                    
    Consulting Fees Prior Year   12,000 3,124 9,000 19,700 0 200      
    ( custom:ConsultingFeesPriorYear [Extension] )                    
    Related party owing amount               36,953 14,000 13,000
    ( us-gaap:DueFromRelatedPartiesCurrent )                    
    Related party owing amount prior year               41,453 11,000 10,000
    ( custom:RelatedPartyOwingAmountPriorYear [Extension] )                    
    Non-interest bearing amount                    
    ( us-gaap:NoninterestBearingDepositLiabilities )                    
    Unsecured debt                    
    ( us-gaap:UnsecuredDebtCurrent )                    
    Common shares issued                    
    ( us-gaap:SharesIssued )                    
    Share price                    
    ( us-gaap:SharesIssuedPricePerShare )                    
    Stock payable                    
    ( us-gaap:AccruedLiabilitiesCurrent )                    
    Directors cancellation of shares 24,438,333                  
    ( us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensationForfeited )                    
    Short term borrowings                    
    ( us-gaap:ShortTermBorrowings )                    
    Promissory note payable                    
    ( us-gaap:ConvertibleNotesPayable )                    
    Capital Contribution 75,814                  
    ( us-gaap:ProceedsFromContributionsFromParent )                    
    License Agreement amount                    
    ( us-gaap:DebtInstrumentFaceAmount )                    
    Debt due date                    
    ( us-gaap:DebtInstrumentMaturityDate )                    
    Cancellation of Shares                    
    ( custom:CancellationOfShares [Extension] )                    
 
Table continued from above
 
Disclosure - Related Party Transactions (Details) (USD $)        
( us-gaap:RelatedPartyTransactionsAbstract )        
  Feb. 28, 2017 Feb. 28, 2017 Nov. 30, 2014 Nov. 21, 2014
( us-gaap:RelatedPartyTransactionsByRelatedPartyAxis )        
  Chief Strategy Officer Significant Shareholder [Member] Chief Executive Officer [Member] Director [Member]
( us-gaap:RelatedPartyDomain )        
Related Party Transactions Textual [Abstract]        
( custom:RelatedPartyTransactionsTextualAbstract [Extension] )        
    Consulting fees        
    ( custom:ConsultingFees [Extension] )        
    Consulting Fees Prior Year        
    ( custom:ConsultingFeesPriorYear [Extension] )        
    Related party owing amount 17,424 120,695    
    ( us-gaap:DueFromRelatedPartiesCurrent )        
    Related party owing amount prior year 31,639 79,385    
    ( custom:RelatedPartyOwingAmountPriorYear [Extension] )        
    Non-interest bearing amount        
    ( us-gaap:NoninterestBearingDepositLiabilities )        
    Unsecured debt        
    ( us-gaap:UnsecuredDebtCurrent )        
    Common shares issued       361,667
    ( us-gaap:SharesIssued )        
    Share price        
    ( us-gaap:SharesIssuedPricePerShare )        
    Stock payable        
    ( us-gaap:AccruedLiabilitiesCurrent )        
    Directors cancellation of shares        
    ( us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensationForfeited )        
    Short term borrowings       100,814
    ( us-gaap:ShortTermBorrowings )        
    Promissory note payable       25,000
    ( us-gaap:ConvertibleNotesPayable )        
    Capital Contribution        
    ( us-gaap:ProceedsFromContributionsFromParent )        
    License Agreement amount     150,000  
    ( us-gaap:DebtInstrumentFaceAmount )        
    Debt due date        
    ( us-gaap:DebtInstrumentMaturityDate )        
    Cancellation of Shares       24,438,333
    ( custom:CancellationOfShares [Extension] )        
(End Disclosure - Related Party Transactions (Details))
 
Disclosure - Capital Stock (Details Narrative)
Disclosure - Capital Stock (Details Narrative) (USD $)  
( us-gaap:FederalHomeLoanBanksAbstract )  
  Sep. 14, 2016
   
   
   
Series B Preferred Stock 2,000,000
( us-gaap:CapitalUnitsNetAmount )  
Votes per Share 10
( custom:VotesPerShare [Extension] )  
Conversion Rate 100
( custom:ConversionRate [Extension] )  
Stock Payable 5,820,000
( us-gaap:CommonStockIssuedEmployeeStockTrust )  
Issuance of Series B Preferred 75,000
( us-gaap:CommonStockOtherValueOutstanding )  
(End Disclosure - Capital Stock (Details Narrative))
 
Disclosure - Capital Stock (Details)
Disclosure - Capital Stock (Details) (USD $)  
( us-gaap:EquityAbstract )  
  Feb. 28, 2016
   
   
   
Common stock, shares authorized 500,000,000
( us-gaap:CommonStockSharesAuthorized )  
Common stock, par value (In dollars per share) 0.001
( us-gaap:CommonStockParOrStatedValuePerShare )  
Preferred stock, par value (In dollars per share) 0.001
( us-gaap:PreferredStockParOrStatedValuePerShare )  
Preferred stock, shares authorized 100,000,000
( us-gaap:PreferredStockSharesAuthorized )  
Preferred stock, shares issued 599,859
( us-gaap:PreferredStockSharesOutstanding )  
Preferred stock, Description  
( custom:PreferredStockDescription [Extension] )  
Series B Preferred Stock Authorized 200,000,000
( custom:SeriesBPreferredStockAuthorized [Extension] )  
Seires B Preferred stock, Description  
( custom:SeriesBPreferredStockDescription [Extension] )  
(End Disclosure - Capital Stock (Details))
 
Disclosure - Stock Based Compensation (Details)
Disclosure - Stock Based Compensation (Details) (USD $) 3 Months Ended     12 Months Ended
( us-gaap:DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract )        
  Feb. 28, 2017 Feb. 28, 2017 Nov. 30, 2016 Nov. 30, 2016
         
         
         
Expected Dividend Yield       0
( custom:ExpectedDividendYield [Extension] )        
Risk-free Interest Rate       0.92
( custom:RiskFreeInterestRate [Extension] )        
Expected Volatility       303
( custom:ExpectedVolatilities [Extension] )        
Expected Option Life       2.00
( custom:ExpectedOptionLife [Extension] )        
Number of Options Granted   4,000,000 4,000,000  
( custom:NumberOfOptionsGranted [Extension] )        
Weighted Average Exercise Price   0.04 0.04  
( custom:WeightedAverageExercisePrice [Extension] )        
Weighted Average Remaining Contractual Term P1Y175D      
( custom:WeightedAverageRemaining [Extension] )        
Aggregate Intrinsic Value   39,600 112,000  
( custom:AggregateIntrinsicValue [Extension] )