Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) (USD $)
3 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Revenue from patent assertion activities      
Operating costs and expenses:    
Litigation and licensing expenses 33,198  
Marketing, general and administrative expenses (including non-cash stock option compensation expense of $720,638 and $714,203, respectively) 1,931,545 2,072,799
Total operating costs and expenses 1,964,743 2,072,799
Loss from operations (1,964,743) (2,072,799)
Change in value of derivative liabilities (1,320,000)  
Interest expense (378,665) (22,195)
Dividend Income 47,568   
Interest income 1,412 7
Loss before income taxes (3,614,428) (2,094,987)
Provision for income taxes      
Net loss (3,614,428) (2,094,987)
Unrealized gain (loss) on investment in Videocon Industries Limited global depository receipts (210,914) 1,002,216
Total comprehensive loss $ (3,825,342) $ (1,092,771)
Net loss per share:    
Basic and diluted (in Dollars per share) $ (0.02) $ (0.01)
Weighted average common shares outstanding:    
Basic and diluted (in Shares) 210,232,227 184,998,059