SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Summary of the changes in the fair value of the Company's Level 3 financial liabilities on recurring basis (Incomplete) - USD ($) |
12 Months Ended | |
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Oct. 31, 2015 |
Oct. 31, 2014 |
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| Patent acquisition obligation: | ||
| Initial fair value | $ 3,688,187 | $ 3,236,281 |
| Accretion of interest on patent obligation | 451,906 | $ 385,770 |
| Balance | 3,688,187 | |
| Patent Acquisition Obligation [Member] | ||
| Patent acquisition obligation: | ||
| Balance October 31, 2013 | 3,236,281 | |
| Initial fair value | $ 2,850,511 | |
| Accretion of interest on patent obligation | $ 451,906 | 385,770 |
| Balance | $ 3,236,281 | |
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- Definition Accretion of interest on patent acquisition obligations to interest expense. No definition available.
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- References No definition available.
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- Definition Fair value of obligations measured on a recurring basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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