Subsequent Events
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6 Months Ended |
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May 31, 2013
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Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
SUBSEQUENT EVENTS
Proceeds from Insurance Policy Claim
In June 2013, the Company received insurance proceeds of $340,689 which was recorded as an insurance receivable as of May 31, 2013. See Note 3 for further discussion.
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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