Subsequent Events

9 Months Ended

Jul. 31, 2013

Subsequent Events [Abstract]

Subsequent Events

11. Subsequent Events

On August 7, 2013, a major stockholder purchased 20,000 shares of common stock for proceeds of $10,000, or $0.50 per share. He received a six-month warrant to purchase an additional 10,000 shares of common stock at $1.00 per share in connection with this transaction.

On August 7, 2013, a member of the Board of Directors loaned the Company $10,000. The loan bears interest at 6% per annum and is payable on demand.

On August 13, 2013, a major stockholder purchased 60,000 shares of common stock for $0.50 per share, for proceeds of $30,000. The Company also issued a six-month warrant to purchase 30,000 shares of common stock to the purchaser at an exercise price of $1.00 per share.

On September 5, 2013, the Company sold 20,000 shares of common stock to an unaffiliated purchaser for net proceeds of $10,000, or $0.50 per share.