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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jan. 31, 2013
Accounting Policies [Abstract]  
Schedule of Options Granted Under the Company's Equity Compensation Plans

The options granted have contractual lives ranging from two to ten years.

 

    Number of Options     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term
(in years)
    Aggregate Intrinsic
Value
 
Outstanding at October 31, 2012     5,600     $ 40.00       1.2     $  
Granted                            
Exercised                            
Expired     (1,000 )     145.00                  
Canceled                            
Outstanding at January 31, 2013     4,600     $ 19.29       1.2     $  

Schedule of Stock Options Outstanding

Summary information about the Company’s options outstanding at January 31, 2013 is set forth in the table below. Options outstanding at January 31, 2013 expire between August 2013 and January 2016.

 

Range of
Exercise
Prices
  Options
Outstanding
January 31, 2013
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
    Options
Exercisable
January 31, 2013
    Weighted
Average
Exercise
Price
 
$ 1.00-$70.00     4,400       1.2     $ 13.50       4,400     $ 13.50  
$150.00     200       0.5     $ 150.00       200     $ 150.00  
TOTAL:     4,600                       4,600          

Schedule of Warrants Granted to Non-employees

The following table summarizes the information relating to warrants granted to non-employees as of October 31, 2011 and changes during the three months ended January 31, 2013:

 

    Number of Warrants     Weighted Average Exercise
Price
    Weighted Average Remaining Contractual Term
(in years)
    Aggregate Intrinsic
Value
 
Outstanding at October 31, 2012     146,667     $ 1.00       1.8     $  
Granted                            
Exercised     (40,000 )     1.00                  
Expired                            
Canceled                            
Outstanding at January 31, 2013     106,667     $ 1.31       1.2     $  

Schedule of Warrants Outstanding

Summary information about the Company’s warrants outstanding at January 31, 2013 is set forth in the table below. Warrants outstanding at January 31, 2013 expire between September 2013 and April 2015. See also Note 12 – “Subsequent Events.”

 

Range of
Exercise
Prices
    Warrants
Outstanding
January 31, 2013
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
    Warrants
Exercisable
January 31, 2013
    Weighted
Average
Exercise
Price
 
$ 1.00       40,000       2.2     $ 1.00       40,000     $ 1.00  
$ 1.50       66,667       0.6     $ 1.50       66,667     $ 1.50  
          106,667                       106,667