Quarterly report pursuant to sections 13 or 15(d)

Stock Based Compensation (Tables)

v2.4.0.6
Stock Based Compensation (Tables)
9 Months Ended
Jul. 31, 2012
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

 

For the Nine Months Ended July 31,

 

For the Three Months Ended

 

2012

2011

July 31, 2011

Weighted average fair value at grant date

$0.08

$0.16

$0.25

Valuation assumptions:

 

 

 

Expected life ( years)

1.43

3.64

4.92

Expected volatility

124%

102%

105%

Risk-free interest rate

.20%

1.05%

1.48%

Expected dividend yield

0

0

0

2003 Share Plan
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 

Shares

Weighted
Average Exercise
Price Per Share

Aggregate Intrinsic Value

 

 

 

 

Options Outstanding at October 31, 2011

17,552,045

$0.81

$ -0-

Cancelled

1,262,000

0.86

 

Options outstanding and exercisable at July 31, 2012

16,290,045

$.81

$ -0-

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

 

Options Outstanding & Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

$0.25 - $0.65

4,510,970

2.82

$0.57

$0.68 - $0.84

4,759,075

4.02

$0.79

$0.86 - $0.92

4,035,000

5.11

$0.89

$1.04 - $1.46

2,985,000

3.46

$1.10

2010 Share Plan
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 


Shares

Weighted
Average Exercise
Price Per Share

Aggregate Intrinsic Value

Options Outstanding at October 31, 2011

1,050,000

$0.31

 

Granted

1,290,000

$0.16

 

Exercised

(1,290,000)

$0.16

Options Outstanding at July 31, 2012

1,050,000

$0.31

$ -0-

Options Exercisable at July 31, 2012

990,000

$0.32

$ -0-

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

 

Options Outstanding

Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

Number
Outstanding

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

$0.17 - $0.37

1,050,000

8.50

$0.31

990,000

8.25

$0.32

 

 

 

 

 

 

.