Summary of Significant Accounting Policies (Tables)

9 Months Ended

Jul. 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			0.88		2.8
Exercised		—			—
Expired		(4,000	)		7.69
Canceled		(75,000	)		1.00
Outstanding at July 31, 2014		325,400		$	0.93		2.3	$	—

Summary of Stock Options Outstanding

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

Range of Exercise Prices		Options Outstanding July 31, 2014		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Options Exercisable July 31, 2014		Weighted Average Exercise Price
$	0.50		100,000		2.6	$	0.50		100,000	$	0.50
$	1.00		225,000		2.3	$	1.00		225,000	$	1.00
$	70.00		400		1.7	$	70.00		400	$	70.00
TOTAL:			325,400						325,400

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 nine months ended July 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		67,000			1.00		0.5
Exercised		—			—
Expired		(80,000	)		1.00
Canceled		—			—
Outstanding at July 31, 2014		227,000		$	0.89		1.4	$	—

Schedule of Warrants Outstanding

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

Range of Exercise Prices	Warrants Outstanding July 31, 2014		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Warrants Exercisable July 31, 2014		Weighted Average Exercise Price
$0.50 - $1.00		227,000		1.4	$	0.89		227,000	$	0.89
		227,000						227,000