Variable interest entity	9 Months Ended
Jul. 31, 2011
Variable interest entity	Note 3 - Variable interest entity K&K was formed on August 14, 2009 for the purpose of establishing a separation of legal ownership of the building where Cables Unlimited conducts its operations. Cables Unlimited’s former sole stockholder is the sole member of K&K. Cables Unlimited was deemed the primary beneficiary of K&K even though it has no direct ownership in K&K as it has the power to direct the activities of K&K that most significantly impacts its economic performance and provides significant financial support through a lease agreement between Cables Unlimited and K&K and a guarantee by Cables Unlimited of K&K’s mortgage note payable to Teacher’s Federal Credit Union (“TFCU”) As of July 31, 2011 and for the nine months then ended, K&K had assets of $1,627,645 ($68,118 in cash, $10,451 in other current assets, $1,477,648 in land and building, net and $71,427 in other assets), liabilities of $1,403,556, revenues of $26,000 and expenses of $9,522. Included in total consolidated assets are assets totaling $1,545,766 that represent collateral for these obligations.

Variable interest entity

9 Months Ended

Jul. 31, 2011

Note 3 - Variable interest entity

K&K was formed on August 14, 2009 for the purpose of establishing a separation of legal ownership of the building where Cables Unlimited conducts its operations. Cables Unlimited’s former sole stockholder is the sole member of K&K. Cables Unlimited was deemed the primary beneficiary of K&K even though it has no direct ownership in K&K as it has the power to direct the activities of K&K that most significantly impacts its economic performance and provides significant financial support through a lease agreement between Cables Unlimited and K&K and a guarantee by Cables Unlimited of K&K’s mortgage note payable to Teacher’s Federal Credit Union (“TFCU”)

As of July 31, 2011 and for the nine months then ended, K&K had assets of $1,627,645 ($68,118 in cash, $10,451 in other current assets, $1,477,648 in land and building, net and $71,427 in other assets), liabilities of $1,403,556, revenues of $26,000 and expenses of $9,522. Included in total consolidated assets are assets totaling $1,545,766 that represent collateral for these obligations.