Employee Retirement Plan

9 Months Ended

Jul. 31, 2013

Compensation and Retirement Disclosure [Abstract]

Employee Retirement Plan

9. Employee Retirement Plan

Commencing on January 1, 2005, the Company sponsored a Simple IRA retirement plan which covers substantially all qualified full-time employees. Participation in the plan is voluntary and employer contributions are determined on an annual basis. Employer contributions would be made at the rate of three percent (3%) of the employees’ base annual wages. However, the Company made no contributions to the IRA plan during the nine months ended July 31, 2013 and 2012 .