Level 1

Level 2

Level 3

Total

Money market funds – Cash and cash equivalents

$

3,651,564

$

-

$

-

$

3,651,564

Certificates of deposit Short-term investments

2,550,000

-

-

2,550,000

Videocon Industries Limited global depository receipts

4,150,970

-

-

4,150,970

Total financial assets

$

10,352,534

$

-

$

-

$

10,352,534

Level 1

Level 2

Level 3

Total

Money market funds – Cash and cash equivalents

$

898,172

$

-

$

-

$

898,172

Videocon Industries Limited global depository receipts

4,197,341

-

-

4,197,341

Total financial assets

$

5,095,513

$

-

$

-

$

5,095,513

For the Nine Months Ended July 31, 2014

Derivative liability:

Beginning balance

$

        540,000

Aggregate fair value of bifurcated conversion feature issued

      1,570,000

Change in fair value of bifurcated conversion feature

      1,460,704

Fair value of bifurcated conversion features related to the extinguishment of debt

(1,670,704)

Ending balance

$

1,900.000

Fair value of patent acquisition obligation:

Beginning balance

$

-

Initial fair value, discounted to present value

 2,850,511

Amortized interest on patent obligation

     286,002

Ending balance

$

     3,136,513