CONVERTIBLE DEBENTURES (Details) - Convertible Debenture |
Oct. 31, 2015
USD ($)
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CONVERTIBLE DEBENTURES (Details) - Convertible Debenture [Line Items] | |
Proceeds attributable to the Convertible Debenture due November 2016 | $ 1,414,064 |
Convertible Debenture Due November 2016 [Member] | |
CONVERTIBLE DEBENTURES (Details) - Convertible Debenture [Line Items] | |
Face value of Convertible Debenture due November 2016 | 3,500,000 |
Fair value of embedded conversion feature | 1,570,000 |
Relative fair value of Convertible Debenture Warrant | 515,936 |
Discount | $ 2,085,936 |
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- References No definition available.
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- Definition Warrants not Settleled in Cash Relative Fair Value Disclosure. No definition available.
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. 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 The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. 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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- Details
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