Annual report pursuant to section 13 and 15(d)

Quarterly Results (Unaudited)

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Quarterly Results (Unaudited)
12 Months Ended
Oct. 31, 2012
Quarterly Financial Information [Text Block]

11.       QUARTERLY RESULTS (UNAUDITED)


The following table sets forth unaudited financial data for each of our last eight fiscal quarters:  


  First Second Third Fourth
  Quarter Quarter Quarter Quarter
         
Year Ended October 31, 2012:        
Statement of Operations Data:        
Net revenue 449,195 248,070 249,470 350
Cost and operating expenses 1,336,451 1,126,268 892,808 1,726,114
Net loss (886,085) (877,109) (629,102) (1,860,503)
Net loss per share of common stock-basic and diluted $0.00 ($0.00) $0.00 ($0.01)

Year Ended October 31, 2011:        
Statement of Operations Data:        
Net revenue 16,958 86,915 450,360 448,960
Cost and operating expenses 1,543,096 1,374,469 1,658,018 1,455,876
Net loss (1,526,109) (1,287,040) (1,773,498) (2,791,389)
Net loss per share of common stock-basic and diluted ($0.01) ($0.01) ($0.01) ($0.02)