Quarterly report pursuant to sections 13 or 15(d)

STOCK - BASED COMPENSATION (Tables)

v2.4.0.8
STOCK - BASED COMPENSATION (Tables)
9 Months Ended
Jul. 31, 2013
STOCK - BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

For the Nine Months

Ended July 31,

 

2013

2012

Weighted average fair value at grant date

$.17

$0.08

Valuation assumptions:

 

 

Expected life ( years)

5.26

1.43

Expected volatility

116.5%

124%

Risk-free interest rate

.73%

.20%

Expected dividend yield

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


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

1,860,000

3.46

$0.15

1,800,000

3.44

$0.16

$0.43 - $0.70

5,384,770

2.21

$0.60

5,384,770

2.21

$0.60

$0.74 - $0.92

6,199,075

3.03

$0.85

6,199,075

3.03

$0.85

$1.04 - $1.46

2,255,000

2.49

$1.10

2,255,000

2.49

$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

2,984,000

5.98

$0.25

2,126,500

5.26

$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

$0.195- $0.235

44,500,000

9.16

$0.22

7,222,224

9.19

$0.22

2003 Share Plan [Member]
 
STOCK - BASED COMPENSATION (Tables) [Line Items]  
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

Exercised

(130,000)

$0.18

 

Forfeited

(521,200)

$0.74

 

Options Outstanding at July 31, 2013

15,698,845

$0.72

$ 136,540

Options Exercisable at July 31, 2013

15,638,845

$0.72

$ 127,750

2010 Share Plan [Member]
 
STOCK - BASED COMPENSATION (Tables) [Line Items]  
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

 

Exercised

(16,000)

$0.16

 

Options Outstanding at July 31, 2013

2,984,000

$0.25

 $32,562

Options Exercisable at July 31, 2013

2,126,500

$0.26

$23,622