CONVERTIBLE DEBENTURES (Details) - The loss on extinguishment of debt (Parentheticals) (USD $)
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12 Months Ended | ||
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Oct. 31, 2014
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Oct. 31, 2013
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Sep. 09, 2014
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Extinguishment of Debt [Line Items] | |||
Common stock issued, net | 219,692,190us-gaap_CommonStockSharesIssued | 209,276,745us-gaap_CommonStockSharesIssued | |
Series A Preferred Stock [Member] | |||
Extinguishment of Debt [Line Items] | |||
Preferred Stock |
3,500us-gaap_PreferredStockSharesIssued / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
0us-gaap_PreferredStockSharesIssued / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
3,500us-gaap_PreferredStockSharesIssued / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
Preferred Stock, Stated value (in Dollars per share) |
1,000itus_ConvertiblePreferredStockSharesConvertedInitialStatedValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
$ 1,000itus_ConvertiblePreferredStockSharesConvertedInitialStatedValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
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Preferred Stock, Conversion Price (in Dollars per share) |
0.1892itus_ConvertiblePreferredStockInitialConversionPrice / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
$ 0.1892itus_ConvertiblePreferredStockInitialConversionPrice / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
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Convertible Debenture Due November 2016 [Member] | |||
Extinguishment of Debt [Line Items] | |||
Common stock issued, net |
2,520,000us-gaap_CommonStockSharesIssued / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member |
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Common Stock issued on Conversion | 18,498,943 | ||
Less: Shares exchnaged for Series A Convertible Preferred Stock |
15,978,943itus_SecuritiesIssuedInConversionExchangeShares / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member |
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Conversion price. No definition available.
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- Definition
Initial stated value per share of convertible preferred stock. No definition available.
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- Definition
Number of shares issued in exchange of conversion of a convertible instrument. No definition available.
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A description of the new financial instrument issued in a noncash (or part noncash) conversion of stock. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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