STOCK OPTION RECEIVABLE

12 Months Ended

Oct. 01, 2011

Receivables From Employees In Respect Of Stock Option Exercises [Text Block]

16. STOCK OPTION RECEIVABLE

Stock option receivable consists of amounts due from an officer totaling $29,000 at both October 1, 2011 and October 2, 2010. Such amounts which are due from the exercise of stock options in accordance with the Company’s Stock Option Plan are payable on demand with interest (3.25% at both October 1, 2011 and October 2, 2010).