Convertible Debentures (Tables)

12 Months Ended

Oct. 31, 2013

Convertible Notes Payable [Abstract]

Schedule of Fair Value of Financial Instruments Liabilities

The following table sets forth, by level within the fair value hierarchy, our financial instrument liabilities as of October 31, 2013 (See also Note 6 – Convertible Debentures – “Series 1 Notes”):

	Quoted Prices in Active Markets For Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Total
	(Level 3)		(Level 3)		(Level 3)
Derivative liability	$	—	$	—	$	75,557	$	75,557
Total	$	—	$	—	$	75,557	$	75,557

Summary of Changes in Fair Value of Level 3 Financial Instrument Liability

The following table sets forth a summary of changes in the fair value of our Level 3 financial instrument liability for the fiscal years ended October 31, 2012 and 2013:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Balance October 31, 2012	$	-
Additions		84,310
Net gain included in earnings		(8,753	)
Settlements		-
Balance October 31, 2013	$	75,557

Summary of Convertible Debentures and Series 1 Notes

At October 31, 2013 and 2012, without taking into effect any unamortized discounts, convertible debentures and Series 1 notes consisted of the following:

	2013		2012
Series 1 Notes, principal and interest at 8% maturing through May 25, 2012.	$	85,000	$	—
Convertible note payable to stockholder; principal and interest at 10% due on May 31, 2012.	$	64,868	$	64,868
Convertible notes payable to various stockholders; principal and interest at 6% due on August 1, 2012 and December 31, 2012.	$	—	$	12,500
		149,868		77,368
Less current maturities	$	149,868	$	77,368
Long term portion of Convertible and Series 1 notes payable	$	—	$	—

Schedule of Remaining Outstanding Notes Maturity

Of the above notes, $64,868 is currently due and payable. The Company’s outstanding notes mature as follows for the years ending October 31:

2014	$	85,000
Thereafter		—
	$	85,000