SUBSEQUENT EVENT

9 Months Ended

Jul. 31, 2011

Subsequent Events [Abstract]

Subsequent Events [Text Block]

22.           SUBSEQUENT EVENT

In May 2009, the FASB issued accounting guidance now codified as FASB ASC Topic 855, “Subsequent Events ,” which establishes general standards of accounting for, and disclosures of, events that occur after the balance sheet date but before financial statements are issued or are available to be issued. FASB ASC Topic 855 is effective for interim or fiscal periods ending after June 15, 2009.

Management has evaluated subsequent events from July 31, 2011 to September 14, 2011, the date which the Company’s condensed consolidated financial statements have been issued and were available to be issued, and has concluded no events need to be reported during this period. Subsequent events that may occur after September 14, 2011 have not been evaluated in the condensed consolidated financial statements as of July 31, 2011.