Quarterly report pursuant to sections 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v2.4.0.6
STOCK BASED COMPENSATION (Tables)
6 Months Ended
Apr. 30, 2013
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

 

For the Six Months

 

For the Three Months

 

 

Ended April 30,

 

Ended April 30,

 

 

2013

 

2012

 

2013

 

2012

Weighted average fair value at grant date

 

$

.17

 

$

0.08

 

$

0.18

 

$

0.08

Valuation assumptions:

 

 

 

 

 

 

 

 

 

 

 

 

Expected life ( years)

 

 

5.26

 

 

1.43

 

 

5.35

 

 

1.00

Expected volatility

 

 

116.5%

 

 

124%

 

 

117%

 

 

125%

Risk-free interest rate

 

 

.73%

 

 

.20%

 

 

.82%

 

 

.18%

Expected dividend yield

 

 

0

 

 

0

 

 

0

 

 

0

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

 

 

Weighted

 

 

 

Weighted

 

 

 

Average

 

 

 

Average

 

Range of

 

Remaining

Weighted

 

 

Remaining

Weighted

Exercise

Number

Contractual Life

Average

 

Number

Contractual Life

Average

Prices

Outstanding

(in years)

Exercise Price

 

Exercisable

(in years)

Exercise Price

$0.07 - $0.37

1,980,000

3.48

$0.15

 

1,920,000

3.46

$0.16

$0.43 - $0.70

5,384,770

2.46

$0.60

 

5,384,770

2.46

$0.60

$0.74 - $0.92

6,199,075

3.28

$0.85

 

6,199,075

3.28

$0.85

$1.04 - $1.46

2,255,000

2.74

$1.10

 

2,255,000

2.74

$1.10

Options Outstanding

 

Options Exercisable

 

 

Weighted

 

 

 

Weighted

 

 

 

Average

 

 

 

Average

 

 

 

Remaining

Weighted

 

 

Remaining

Weighted

Range of

Number

Contractual Life

Average

 

Number

Contractual Life

Average

Exercise Prices

Outstanding

(in years)

Exercise Price

 

Exercisable

(in years)

Exercise Price

 

 

 

 

 

 

 

 

$0.12 - $0.37

3,000,000

6.22

$0.24

 

2,071,250

5.37

$0.26

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable

 

 

Weighted

 

 

 

Weighted

 

 

 

Average

 

 

 

Average

 

 

 

Remaining

Weighted

 

 

Remaining

Weighted

Range of

Number

Contractual Life

Average

 

Number

Contractual Life

Average

Exercise Prices

Outstanding

(in years)

Exercise Price

 

Exercisable

(in years)

Exercise Price

 

 

 

 

 

 

 

 

$0.195 - $0.235

44,500,000

9.41

$0.22

 

5,861,112

9.44

$0.22

2003 Share Plan [Member]
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 

 

 

 

Weighted

Average Exercise

Price Per Share

 

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

Shares

 

 

Options Outstanding at October 31, 2012

 

16,350,045

 

$

0.72

 

 

 

Exercised

 

(90,000)

 

$

0.145

 

 

 

Forfeited

 

(441,200)

 

$

0.83

 

 

 

Options Outstanding at April 30, 2013

 

15,818,845

 

$

0.72

 

$

155,000

Options Exercisable at April 30, 2013

 

15,758,845

 

$

0.72

 

$

145,000

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

 

 

 

Weighted

Average Exercise

Price Per Share

 

Aggregate

Intrinsic

Value

 

 

 

 

 

Shares

 

 

 

 

 

 

 

 

 

 

Options Outstanding at October 31, 2012

2,820,000

 

$

0.25

 

 

 

Granted

180,000

 

$

0.20

 

 

 

Options Outstanding at April 30, 2013

3,000,000

 

$

0.24

 

$

51,000

Options Exercisable at April 30, 2013

2,071,250

 

$

0.26

 

$

36,000