Long-term Debt (Tables)

12 Months Ended

Oct. 31, 2012

Long-term Debt [Abstract]

Schedule of long-term debt

 Long-term debt consisted of the following:

	October 31,
	2012			2011
Installment notes payable to banks and Lessor, due in monthly installments plus interest at rates approximating the bank's prime rate or the prime rate subject to various floors maturing in various periods ranging from November 2011-September 2014, collateralized by equipment and vehicles (0% interest on Lessor note) (see Note 10)	$	677,167		$	1,175,784
Notes payable to shareholders. The shareholder note of $2.5 million plus all accrued interest is due in one     balloon payment in September 2014.		2,500,000			-
Term loan facility with a syndicate of banks, due in quarterly installments of $1,225,000 plus interest payments     equal to the base rate plus the applicable margin or the adjusted LIBOR rate plus the applicable margin     maturing September 2013, collateralized by substantially all of the assets of the Company.		-			37,884,224
Term loan A with a syndicate of banks, due in monthly installments of $238,000 plus interest payments equal to     LIBOR plus the applicable margin (currently 8%) maturing June 2013, collateralized by substantially all of the     assets of the Company.		19,762,000			-
Term loan B with a syndicate of banks, due June 30, 2013, interest (deferred fee) at a rate of 16%, with aggregate     unpaid deferred fee itself bearing interest collateralized by substantially all of the assets of the Company		6,277,744			-
Bullet loan A with a syndicate of Banks, due in installments of $1.9 million on or before December 31, 2012 and     $2.1 million on or before March 31, 2013 with interest at LIBOR plus the applicable margin (currently 8%),      collateralized by substantially all of the assets of the Company.		3,350,000			-
Revolving line of credit loan facility with a syndicate of banks, interest payments based on LIBOR plus the      applicable margin (currently 6%) maturing in June 2013, collateralized by substantially all of the assets of the      Company.		8,425,496			9,725,496
Accrued Deferred fee (interest) Bullet loan B, Due June 30, 2013		31,171			-
Capital lease obligation for printing equipment at an imputed interest rate of 6.02% per annum		65,719			-
Unamortized debt discount		(1,287,527	)		-
		39,801,770			48,785,504
Less current portion revolving line of credit		8,425,496			9,725,496
Less long-term portion revolving line of credit		-			-
Less current portion long-term debt		29,998,791			38,629,011
Less current portion obligation under capital lease		13,014			-
Less debt discount		(1,287,527	)		-
Long-term debt, net of current portion and revolving line of credit, capital lease obligation and notes payable to related party	$	2,651,996		$	430,997
Continuing operations:
Long-term debt, net of current portion and revolving line credit	$	99,291		$	430,997
Long-term capital lease obligation		52,705			-
Current portion of long-term debt and revolving line of credit		36,238,560			42,419,353
Long-term notes payable to related party		2,500,000			-
Current portion of capital lease obligation		13,014			-
Debt Discount		(1,287,527	)		-
Total debt from continuing operations		37,616,043			42,850,350
Liabilities held for sale/discontinued operations - debt		2,185,727			5,935,154
Total indebtedness	$	39,801,770		$	48,785,504

Maturities of Long-term Debt and Revolving Line of Credit

                Maturities of long-term debt, capital lease obligations and revolving line of credit from continuing and discontinued operations for each of the next five years follow:

2013	$	37,149,774
2014		2,613,108
2015		15,932
2016		15,652
2017		7,304
	$	39,801,770