XML 41 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
Oct. 31, 2013
Oct. 31, 2012
Current assets:    
Cash $ 5,007 $ 90,132
Related party receivables    15,269
Inventories 67,487 25,600
Prepaid expenses 897 31,120
Total current assets 73,391 162,121
Fixed assets, net 111,570 123,041
Total assets 184,961 285,162
Current liabilities:    
Notes payable to stockholder, net of unamortized discount of $844 and $5,536 in 2013 and 2012, respectively 200,606 136,464
Convertible notes payable, net of unamortized discount of $60,050 and $3,202 in 2013 and 2012, respectively 89,818 74,166
Accounts payable - trade 336,372 171,578
Accounts payable to officers and directors 131,472 45,583
Accrued payroll 244,031 139,040
Derivative liability 75,557   
Anti-dilution liability 23,358 65,401
Other accrued expenses 81,016 58,555
Total current liabilities 1,182,230 690,787
Long term liabilities:    
Note payable to stockholder, net of unamortized discount of $0 and $844 in 2013 and 2012, respectively    46,106
Redeemable convertible preferred stock, $0.01 par value; 5,200 shares authorized, issued and outstanding at October 31, 2013 and October 31, 2012 26,000 26,000
Total long term liabilities 26,000 72,106
Total liabilities 1,208,230 762,893
Commitments and contingencies     
Stockholders' (deficit):    
Common stock, $0.01 par value; 25,000,000 shares authorized; 5,153,027 and 4,473,715 shares issued and outstanding at October 31, 2013 and October 31, 2012, respectively 51,531 44,737
Additional paid-in capital 45,335,031 44,889,013
Accumulated deficit from previous operating activities (27,809,201) (27,809,201)
Deficit accumulated during the development stage (18,600,630) (17,602,280)
Total stockholders' (deficit) (1,023,269) (477,731)
Total liabilities and stockholders' (deficit) $ 184,961 $ 285,162