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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Apr. 30, 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       (4,000 )     7.69                  
Canceled       (50,000 )     1.00                  
Outstanding at April 30, 2014       350,400     $ .94       2.6     $  

Summary of Stock Options Outstanding

Summary information about the Company’s options outstanding at April 30, 2014 is set forth in the table below. Options outstanding at April 30, 2014 expire between January and November 2016.

 

Range of
Exercise
Prices
    Options
Outstanding
April 30, 2014
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
    Options
Exercisable
April 30, 2014
    Weighted
Average
Exercise
Price
 
$ 0.50       100,000       2.6     $ 0.50       100,000     $ 0.50  
$ 1.00       250,000       2.6     $ 1.00       250,000     $ 1.00  
$ 70.00       400       1.7     $ 70.00       400     $ 70.00  
  TOTAL:       350,400                       350,400          

Schedule 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 six months ended April 30, 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       57,000       1.00       0.5          
Exercised                              
Expired       (50,000 )     1.00                  
Canceled                              
Outstanding at April 30, 2014       247,000     $ 0.90       1.5     $  

Schedule of Warrants Outstanding

Summary information about the Company’s warrants outstanding at April 30, 2014 is set forth in the table below. Warrants outstanding at April 30, 2014 expire between May 2014 and June 2016.

 

Range of
Exercise
Prices
   

Warrants

Outstanding
April 30, 2014

    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise
Price
   

Warrants

Exercisable
April 30, 2014

    Weighted
Average
Exercise
Price
 
$0.50 - $1.00       247,000       1.5     $ 0.90       247,000     $ 0.90  
        247,000                       247,000