STOCK BASED COMPENSATION (Tables)
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6 Months Ended |
Apr. 30, 2013
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Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
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For the Six
Months
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For the Three
Months
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Ended April
30,
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Ended April
30,
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2013
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2012
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2013
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2012
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Weighted
average fair value at grant date
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$
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.17
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$
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0.08
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$
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0.18
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$
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0.08
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Valuation
assumptions:
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Expected
life ( years)
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5.26
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1.43
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5.35
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1.00
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Expected
volatility
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116.5%
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124%
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117%
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125%
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Risk-free
interest rate
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.73%
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.20%
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.82%
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.18%
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Expected
dividend yield
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0
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0
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0
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0
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Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] |
Stock
Options Outstanding
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Stock
Options Exercisable
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Weighted
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Weighted
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Average
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Average
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Range
of
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Remaining
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Weighted
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Remaining
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Weighted
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Exercise
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Number
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Contractual
Life
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Average
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Number
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Contractual
Life
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Average
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Prices
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Outstanding
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(in
years)
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Exercise
Price
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Exercisable
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(in
years)
|
Exercise
Price
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$0.07
- $0.37
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1,980,000
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3.48
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$0.15
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1,920,000
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3.46
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$0.16
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$0.43
- $0.70
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5,384,770
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2.46
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$0.60
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5,384,770
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2.46
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$0.60
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$0.74
- $0.92
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6,199,075
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3.28
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$0.85
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6,199,075
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3.28
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$0.85
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$1.04
- $1.46
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2,255,000
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2.74
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$1.10
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2,255,000
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2.74
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$1.10
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Options
Outstanding
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Options
Exercisable
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Weighted
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Weighted
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Average
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Average
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Remaining
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Weighted
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Remaining
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Weighted
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Range
of
|
Number
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Contractual
Life
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Average
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Number
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Contractual
Life
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Average
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Exercise
Prices
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Outstanding
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(in
years)
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Exercise
Price
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Exercisable
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(in
years)
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Exercise
Price
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$0.12
- $0.37
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3,000,000
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6.22
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$0.24
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2,071,250
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5.37
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$0.26
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Options
Outstanding
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Options
Exercisable
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Weighted
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Weighted
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Average
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Average
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Remaining
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Weighted
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Remaining
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Weighted
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Range
of
|
Number
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Contractual
Life
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Average
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Number
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Contractual
Life
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Average
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Exercise
Prices
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Outstanding
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(in
years)
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Exercise
Price
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Exercisable
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(in
years)
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Exercise
Price
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$0.195
- $0.235
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44,500,000
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9.41
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$0.22
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5,861,112
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9.44
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$0.22
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2003 Share Plan [Member]
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Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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Weighted
Average
Exercise
Price Per
Share
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Aggregate
Intrinsic
Value
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Shares
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Options
Outstanding at October 31, 2012
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16,350,045
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$
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0.72
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Exercised
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(90,000)
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$
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0.145
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Forfeited
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(441,200)
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$
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0.83
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Options
Outstanding at April 30, 2013
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15,818,845
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$
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0.72
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$
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155,000
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Options
Exercisable at April 30, 2013
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15,758,845
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$
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0.72
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$
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145,000
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2010 Share Plan [Member]
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Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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Weighted
Average
Exercise
Price Per
Share
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Aggregate
Intrinsic
Value
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Shares
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Options
Outstanding at October 31, 2012
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2,820,000
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$
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0.25
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Granted
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180,000
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$
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0.20
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Options
Outstanding at April 30, 2013
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3,000,000
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$
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0.24
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$
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51,000
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Options
Exercisable at April 30, 2013
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2,071,250
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$
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0.26
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$
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36,000
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