Quarterly report pursuant to sections 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v2.4.0.8
STOCK BASED COMPENSATION (Tables)
 3 Months Ended
Jan. 31, 2014
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

For the Three Months

Ended January 31,

 

 

2014

 

2013

Weighted average fair value at grant date

$

0.17

 

$

0.17

Valuation assumptions:

 

 

 

 

 

Expected life ( years)

 

5.69

 

 

5.12

Expected volatility

 

115.4%

 

 

115.7%

Risk-free interest rate

 

1.76%

 

 

.58%

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

 

Shares

 

 

Options Outstanding at October 31, 2013

15,638,845

 

$0.72

 

 

 

Options Outstanding and exercisable at January 31, 2014

15,638,845

 

$0.72

 

$

461,000

 

 

 

 

Weighted

 

Average Exercise

 

Price Per Share

 

 

Aggregate

 

Intrinsic

 

Value

 

Shares

 

 

 

 

 

 

 

 

 

 

Options Outstanding at October 31, 2013

2,984,000

 

$

0.25

 

 

 

Granted

7,710,000

 

$

0.20

 

 

 

Options Outstanding at January 31, 2014

10,694,000

 

$

0.21

 

$

1,980,000

Options Exercisable at January 31, 2014

2,881,778

 

$

0.24

 

$

444,000

 

 

 

 

 

 

 

 

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

Stock Options Outstanding

 

 

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

Weighted

Average

Exercise Price

Range of

Exercise

 Prices

 

 Number
Outstanding

 

 

 

 

$0.07 - $0.37

 

1,860,000

 

2.95

 

$0.15

$0.43 - $0.70

 

5,384,770

 

1.7

 

$0.60

$0.74 - $0.92

 

6,139,075

 

2.56

 

$0.85

$1.04 - $1.46

 

2,255,000

 

1.98

 

$1.10

2010 Share Plan [Member]
  
STOCK BASED COMPENSATION (Tables) [Line Items]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

Options Outstanding

Options Exercisable

 

 

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

 

 

 

 

Weighted

Average

Remaining

Contractual Life (in years)

 

 

 

 

 

 

 

 

Weighted

Average

Exercise Price

 

 

 

 

Weighted

Average

Exercise Price

Range of

Exercise Prices

 

Number

Outstanding

 

 

 

Number

Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$0.12 - $0.37

 

10,694,000

 

8.59

 

$

0.21

 

2,881,778

 

5.51

 

$

0.24

 

 

Options Outstanding

 

Options Exercisable

 

 

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

Average

Exercise Price

 

 

 

Weighted

Average

Remaining

Contractual Life

 (in years)

 

Weighted

Average

Exercise Price

Range of

Exercise Prices

 

Number

Outstanding

 

 

 

Number

Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$0.21-$0.235

 

44,500,000

 

8.66

 

$0.22

 

20,294,687

 

8.67

 

$0.22