XML 27 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Jan. 31, 2014
Oct. 31, 2013
Current assets:    
Cash    $ 5,007
Inventories 67,487 67,487
Prepaid expenses 2,928 897
Total current assets 70,415 73,391
Fixed assets, net 97,186 111,570
Total assets 167,601 184,961
Current liabilities:    
Bank overdraft 5,983   
Notes payable to stockholder, net of unamortized discount of $0 and $844 in 2014 and 2013, respectively 235,450 200,606
Convertible notes payable, net of unamortized discount of $57,394 and $60,050 in 2014 and 2013, respectively 109,973 89,818
Accounts payable - trade 357,259 336,372
Accounts payable to officers and directors 155,989 131,472
Accrued payroll 312,681 244,031
Derivative liability 87,136 75,557
Anti-dilution liability 20,087 23,358
Other accrued expenses 87,590 81,016
Total current liabilities 1,372,148 1,182,230
Long term liabilities:    
Redeemable convertible preferred stock, $0.01 par value; 5,200 shares authorized, issued and outstanding at January 31, 2014 and October 31, 2013, respectively 26,000 26,000
Total long term liabilities 26,000 26,000
Total liabilities 1,398,148 1,208,230
Commitments and contingencies      
Stockholders' (deficit):    
Common stock, $0.01 par value; 25,000,000 shares authorized; 5,381,333 and 5,153,027 shares issued and outstanding at January 31, 2014 and October 31, 2013, respectively 53,814 51,531
Additional paid-in capital 45,699,303 45,335,031
Accumulated deficit from previous operating activities (27,809,201) (27,809,201)
Deficit accumulated during the development stage (19,174,463) (18,600,630)
Total stockholders' (deficit) (1,230,547) (1,023,269)
Total liabilities and stockholders' (deficit) $ 167,601 $ 184,961