LOSS PER SHARE

12 Months Ended

Oct. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Shares of common stock issuable under convertible preferred stock, warrants and options and shares subject to restricted stock grants were not included in the calculation of diluted earnings per common share for the years ended October 31, 2016 and 2015, as the effect of their inclusion would be anti-dilutive.

The table below provides total potential shares outstanding, including those that are anti-dilutive, on October 31:

	October 31,
	2016		2015
Shares issuable upon conversion of preferred stock		2,783,000		3,076,137
Shares issuable upon exercise of warrants		187,500		-
Shares issuable upon exercise of stock options		382,020		96,581
Non-vested shares under restricted stock grants		274,832		230,799