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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jan. 31, 2014
Summary Of Significant Accounting Policies Tables  
Summary of Stock Options Granted

    Number of
Options
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(in years)
    Aggregate
Intrinsic
Value
 
Outstanding at October 31, 2013     4,400     $ 13.35       0.4     $  
Granted     400,000       .88       2.8          
Exercised                            
Expired                            
Canceled                            
Outstanding at January 31, 2014     404,400     $ 1.01       2.8     $  

Summary of Options Outstanding

Summary information about the Company’s options outstanding at January 31, 2014 is set forth in the table below. Options outstanding at January 31, 2014 expire between February 2014 and November 2016.

 

Range of
Exercise Prices
  Options
Outstanding
January 31, 2014
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
    Options
Exercisable
January 31, 2014
    Weighted
Average
Exercise
Price
 
$0.50-$1.00     400,000       2.8     $ 0.88       400,000     $ 0.88  
$7.68-$70.00     4,400       0.2     $ 13.35       4,400     $ 13.35  
TOTAL:     404,400                       404,400          

Summary of Warrants Granted to Non-Employees

The following table summarizes the information relating to warrants granted to non-employees as of October 31, 2013 and changes during the three months ended January 31, 2014:

 

    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(in years)
    Aggregate
Intrinsic
Value
 
Outstanding at October 31, 2013     240,000     $ 0.90       1.9     $  
Granted     30,000       1.00       0.3          
Exercised                            
Expired                            
Canceled                            
Outstanding at January 31, 2014     270,000     $ 0.91       1.5     $  

Summary of Warrants Outstanding

Summary information about the Company’s warrants outstanding at January 31, 2014 is set forth in the table below. Warrants outstanding at January 31, 2014 expire between February 2014 and June 2016.

 

Range of
Exercise Prices
  Warrants
Outstanding
January 31, 2014
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
    Warrants
Exercisable
January 31, 2014
    Weighted
Average
Exercise
Price
 
$0.50 - $1.00     270,000       1.5     $ 0.91       270,000     $ 0.91  
      270,000                       270,000