Notes Payable

3 Months Ended

Jan. 31, 2014

Debt Disclosure [Abstract]

Notes Payable

8. Notes Payable

At January 31, 2014 and October 31, 2013, without taking into effect any unamortized discounts, notes payable to an officer and to stockholders consisted of the following:

	January 31, 2014		October 31, 2013
			(Audited)
Unsecured, interest-free convertible notes payable to former officer/director of the Company; principal due on payment schedule through May 2014.	$	113,450	$	113,450
Unsecured convertible note payable to various stockholders; principal and interest at 6% due between December 9, 2010 and March 31, 2013.		52,000		52,000
Unsecured notes payable to officers and directors of the Company; principal and interest at 6% payable on demand		70,000		36,000
		235,450		201,450
Less current maturities		235,450		201,450
Long term portion of notes payable	$	—	$	—

Of the above notes payable, $113,450 is the subject of a lawsuit brought against the Company by former officer and director, Michael Brennan. The Company is currently negotiating with the holders of $52,000 of the above notes to either extend the maturity date or convert the notes into shares of common stock. The Company’s outstanding notes mature as follows for the years ending:

2014	$	235,450
Thereafter		—
	$	235,450