Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v2.4.0.8
STOCK BASED COMPENSATION (Tables)
9 Months Ended
Jul. 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 July 31,

2014

 

For the Nine Months

Ended July 31,

 

 

 

 

2014

 

2013

 

Weighted average fair value at grant date

$0.22

 

$0.17

 

$0.25

Valuation assumptions:

 

 

 

 

 

Expected life (years)

5.79

 

5.26

 

5.98

Expected volatility

115.4%

 

116.5%

 

115.1%

Risk-free interest rate

1.82%

 

0.73%

 

1.93%

Expected dividend yield

0

 

0

 

0

2003 Share Plan [Member]
 
STOCK BASED COMPENSATION (Tables) [Line Items]  
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

 

 

Exercised

(265,000)

 

$0.145

 

 

Forfeited

(1,389,075)

 

$0.63

 

 

Options Outstanding and exercisable at July 31, 2014

13,984,770

 

$0.74

 

$181,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

 

 

 

 

Weighted Average

Remaining

Contractual Life

(in years)

 

 

 

 

 

 

 

Weighted

Average

Exercise Price

Range of

Exercise Prices

 

Number

Outstanding

 

 

 

 

 

$0.07 - $0.37

 

1,595,000

 

2.64

 

$0.15

$0.43 - $0.70

 

4,684,770

 

1.43

 

$0.62

$0.74 - $0.92

 

5,450,000

 

2.35

 

$0.86

$1.04 - $1.46

 

2,255,000

 

1.49

 

$1.10

2010 Share Plan [Member]
 
STOCK BASED COMPENSATION (Tables) [Line Items]  
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

2,984,000

 

$

0.25

 

 

 

Granted

13,010,000

 

$

0.22

 

 

 

Exercised

(80,000)

 

$

0.16

 

 

 

Options Outstanding at July 31, 2014

15,914,000

 

$

0.23

 

$

612,000

Options Exercisable at July 31, 2014

5,016,222

 

$

0.23

 

$

229,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [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 

 

 

 

 

 

 

 

 

 

 

 

$0.12 - $0.37

 

15,914,000

 

8.62

 

$0.23

 

5,016,222

 

6.63

 

$0.23

Stock Options Not Granted Under 2003 Share Plan Or 2010 Share Plan [Member]
 
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [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 

 

 

 

 

 

 

 

 

 

 

 

$0.195-$0.235

 

44,500,000

 

8.16

 

$0.22

 

27,439,614

 

8.17

 

$0.22