Quarterly report pursuant to Section 13 or 15(d)


6 Months Ended
Apr. 30, 2014
Investments Schedule [Abstract]  
Investment [Text Block]


At April 30, 2014, we had marketable securities consisting of certificates of deposit of $2,050,000, which were classified as "available-for-sale securities" and reported at fair value.  

The fair value of investment in Videocon Industries Limited (“Videocon”) global depository receipts (‘Videocon GDRs”) as of April 30, 2014 and October 31, 2013, and the unrealized loss for the six months ended April 30, 2014, are as follows:



Investment in Videocon

Fair Value as of October 31, 2013


 $ 4,197,341

Unrealized loss



Fair Value as of April 30, 2014


 $ 3,977,452