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CONVERTIBLE DEBENTURES (Details) - The loss on extinguishment of debt (USD $)
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3 Months Ended | 6 Months Ended | ||
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Apr. 30, 2014
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Apr. 30, 2013
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Apr. 30, 2014
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Apr. 30, 2013
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| The loss on extinguishment of debt [Abstract] | ||||
| Face value of debt converted and/or prepaid | $ 1,440,000 | $ 1,440,000 | ||
| Less: discount | (658,232) | |||
| Plus: value of derivative liability | 1,670,704 | 1,670,704 | ||
| Net book value of debt converted | 2,452,472 | 2,452,472 | ||
| Fair value of Common stock and cash issued | 2,935,387 | |||
| Loss on extinguishment of debt | $ 482,915 | $ 482,915 | ||
| X | ||||||||||
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- Definition
The amount of convertible debt discount that was originally recognized at the issuance of the instrument. No definition available.
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- Details
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- Definition
Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fair value of stock issued in noncash financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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