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FAIR VALUE MEASUREMENTS (Details) - The summary of the changes in the fair value of the Company`s Level 3 (USD $)
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3 Months Ended |
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Jan. 31, 2014
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| The summary of the changes in the fair value of the Company`s Level 3 [Abstract] | |
| Beginning balance | $ 540,000 |
| Fair value of patent acquistion obligation | 2,936,977 |
| Aggregate fair value of bifurcated conversion feature issued | 1,570,000 |
| Change in fair value of bifurcated conversion feature | 1,320,000 |
| Ending balance | $ 3,430,000 |
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- Details
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- Definition
The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value of obligations measured on a recurring basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of realized and unrealized gain (loss) included in earnings, which have arisen from the use of significant unobservable inputs (level 3) to measure fair value of assets, liabilities, and financial instruments classified in shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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