Note 9 - Subsequent Events

3 Months Ended

Jan. 31, 2021

Subsequent Events [Abstract]

Subsequent Events

Note 9 – Subsequent Events 

On February 5, 2021, 528,945 shares of common stock were issued to eight employees of the Company under RSU agreements, resulting in $708,786 of share-based compensation. Of the shares issued to employees, 246,055 shares were withheld by the Company to satisfy tax withholding obligations equal to $329,714.

On February 5, 2021, 597,136 shares of common stock were issued to 4 non-employee vendors as compensation for professional services rendered to the Company. These shares were expensed to the Company using the closing share price on the share issue dates to compute a total of $1,074,845.

On February 28, 2021, 2,010,000 shares of common stock were issued to 2 non-employee vendors as compensation for professional services rendered to the Company. These shares were expensed to the Company using the closing share price on the previous business day to the issue dates to compute a total of $5,427,000.