CONVERTIBLE DEBENTURES (Details) - The loss on extinguishment of debt - USD ($) |
12 Months Ended | |
|---|---|---|
Oct. 31, 2015 |
Oct. 31, 2014 |
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| Extinguishment of Debt [Line Items] | ||
| Fair value of common stock issued | $ 5,229,641 | |
| Loss on extinguishment of debt | (2,699,022) | |
| Convertible Debenture Due January 2015 [Member] | ||
| Extinguishment of Debt [Line Items] | ||
| Face value of debt converted | 1,440,000 | |
| Less: discount | (658,232) | |
| Plus: fair value of derivative liability | 1,670,704 | |
| Net book value of debt converted | 2,452,472 | |
| Fair value of common stock issued | 2,935,387 | |
| Loss on extinguishment of debt | $ (482,915) | |
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- Definition The amount of convertible debt discount that was originally recognized at the issuance of the instrument. No definition available.
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- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The fair value of stock issued in noncash financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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