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,
|
|
|
|
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] |
|
|
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
|
|
|
|
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
|
|
|
|
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] |
|
|
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
|
|