INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended October 31,
	2014		2013
Federal:
Current	$	-	$	-
Deferred		(1,606,000)		(2,489,000)
State:
Current		-		-
Deferred		(1,000)		3,000
Adjustment to valuation allowance related to net deferred tax assets		1,607,000		2,486,000
Income tax provision (benefit)	$	-	$	-

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2014		2013
Long-term deferred tax assets:
Federal and state NOL and tax credit carryforwards	$	26,669,000	$	25,689,000
Deferred Compensation		4,517,000		3,484,000
Deferred Revenue		-		404,000
Other		298,000		300,000
Subtotal		31,484,000		29,877,000
Less: valuation allowance		(31,484,000)		(29,877,000)
Deferred tax asset, net	$	-	$	-

Federal Income Tax Note [Table Text Block]

	Year Ended October 31,
	2014			2013
Income tax benefit at U.S.
Federal statutory income Tax rate	$	(3,266,00)	(34.00%)	$	(3,427,000)	(34.00%)
State income taxes		(6,000)	(.06%)		(6,000)	(.06%)
Permanent differences		1,529,000	15.92%		294,000	2.92%
Expiring net operating losses, credits and other		115,000	1.19%		250,000	2.48%
Foreign rate difference on impairment		21,000	.22%		403,000	4.00%
Change in valuation allowance		1,607,000	16.73%		2,486,000	24.66%
Income tax provision	$	-	0%	$	-	0%