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STOCK BASED COMPENSATION (Tables)
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6 Months Ended |
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Apr. 30, 2014
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| STOCK BASED COMPENSATION (Tables) [Line Items] |
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| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
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For the Six Months Ended April 30,
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For the Three Months Ended April 30,
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2014
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2013
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2014
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2013
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Weighted average fair value at grant date
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$0.21
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$0.17
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$0.28
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$0.18
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Valuation assumptions:
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Expected life ( years)
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5.69
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5.26
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5.70
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5.35
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Expected volatility
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115.6%
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116.5%
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116.6%
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117%
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Risk-free interest rate
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1.77%
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.73%
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1.85%
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.82%
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Expected dividend yield
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0
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0
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0
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0
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2003 Share Plan [Member]
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| STOCK BASED COMPENSATION (Tables) [Line Items] |
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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Shares
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Weighted
Average Exercise
Price Per Share
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Aggregate Intrinsic Value
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Options Outstanding at October 31, 2013
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15,638,845
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$0.72
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Exercised
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(5,000)
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$0.145
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Forfeited
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(500,000)
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$0.43
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Options Outstanding and exercisable at April 30, 2014
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15,133,845
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$0.73
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$ 356,000
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| Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] |
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Range of
Exercise Prices
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Number
Outstanding
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Weighted Average
Remaining
Contractual Life
(in years)
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Weighted
Average
Exercise Price
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$0.07 - $0.37
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1,855,000
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2.71
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$0.15
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$0.43 - $0.70
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4,884,770
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1.62
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$0.62
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$0.74 - $0.92
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6,139,075
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2.31
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$0.85
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$1.04 - $1.46
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2,255,000
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1.74
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$1.10
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2010 Share Plan [Member]
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| STOCK BASED COMPENSATION (Tables) [Line Items] |
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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Shares
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Weighted
Average Exercise
Price Per share
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Aggregate Intrinsic
Value
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Options Outstanding at October 31, 2013
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2,984,000
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$0.25
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Granted
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8,710,000
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$0.21
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Options Outstanding at April 30, 2014
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11,694,000
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$0.22
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$1,454,000
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Options Exercisable at April 30, 2014
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3,762,194
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$0.23
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$425,000
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| Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] |
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Options Outstanding
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Options Exercisable
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Range of
Exercise Prices
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Number
Outstanding
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Weighted
Average
Remaining
Contractual Life
(in years)
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Weighted
Average
Exercise Price
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Number
Exercisable
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Weighted
Average
Remaining
Contractual Life (in years)
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Weighted
Average
Exercise Price
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0
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$0.12 - $0.37
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11,694,000
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8.47
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$0.22
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3,762,194
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6.26
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$0.23
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Stock Options Not Granted Under 2003 Share Plan Or 2010 Share Plan [Member]
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| STOCK BASED COMPENSATION (Tables) [Line Items] |
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| Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] |
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Options Outstanding
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Options Exercisable
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Range of
Exercise Prices
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Number
Outstanding
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Weighted
Average
Remaining
Contractual Life
(in years)
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Weighted
Average
Exercise Price
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Number
Exercisable
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Weighted
Average
Remaining
Contractual Life (in years)
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Weighted
Average
Exercise Price
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0
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$0.195-$0.235
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44,500,000
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8.41
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$0.22
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24,033,817
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8.42
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$0.22
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