Quarterly report pursuant to sections 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v2.4.0.6
STOCK BASED COMPENSATION (Tables)
3 Months Ended
Jan. 31, 2013
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

For the Three Months

Ended January 31,

 

2013

2012

Weighted average fair value at grant date

$                 .17

$              0.08

Valuation assumptions:

 

 

Expected life ( years)

5.12

1.6

Expected volatility

115.7%

124%

Risk-free interest rate

.58%

.20%

Expected dividend yield

0

0

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 


Shares

Weighted
Average Exercise
Price Per Share

Aggregate Intrinsic Value

Options Outstanding at October 31, 2012

16,350,045

$                    0.72

 

Forfeited

(441,200)

$                    0.83

 

Options Outstanding at January 31, 2013

15,908,845

$                    0.71

$         185,000

Options Exercisable at January 31, 2013

15,848,845

$                    0.71

$         175,000

2003 Share Plan [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

 

Stock Options Outstanding

Stock Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

Number
Exercisable

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

$0.07 - $0.37

2,070,000

3.72

$0.15

2,010,000

3.69

$0.16

$0.43 - $0.70

5,384,770

2.70

$0.60

5,384,770

2.70

$0.60

$0.74 - $0.92

6,199,075

3.52

$0.85

6,199,075

3.52

$0.85

$1.04 - $1.46

2,255,000

2.98

$1.10

2,255,000

2.98

$1.10

 

Options Outstanding

Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

Number
Exercisable

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

 

 

 

 

 

 

 

$0.12 - $0.37

3,000,000

6.47

$0.24

2,000,000

5.47

$0.26

 

Options Outstanding

Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

Number
Exercisable

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

 

 

 

 

 

 

 

$0.21 - $0.22

42,500,000

9.64

$0.22

3,055,574

9.66

$0.22

2010 Share Plan [Member]
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 


Shares

Weighted
Average Exercise
Price Per Share

Aggregate
 Intrinsic
Value

 

 

 

 

Options Outstanding at October 31, 2012

2,820,000

$0.25

 

Granted

180,000

$0.20

 

Options Outstanding at January 31, 2013

3,000,000

$0.24

$76,000

Options Exercisable at January 31, 2013

2,000,000

$0.26

$51,000