Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v2.4.1.9
STOCK BASED COMPENSATION (Tables)
3 Months Ended
Jan. 31, 2015
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
     

 

For the Three Months

Ended January 31,

 

2015

2014

Weighted average fair value at grant date

$0.09

$0.17

Valuation assumptions:

 

 

      Expected life ( years)

  5.30

5.69

      Expected volatility

114.3%

115.4%

      Risk-free interest rate

1.60%

        1.76%

      Expected dividend yield

0

0

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, 2014

12,349,770

$0.72

 

Forfeited

      (80,000)

$0.74

 

Options Outstanding and exercisable at January 31, 2015

12,269,770

$0.72

$      2,130

         

 


Shares

 

 Weighted
Average Exercise
Price Per Share

 

 

Aggregate Intrinsic Value

 

 

 

 

 

 Options Outstanding at October 31, 2014

  18,214,000

 

$0.23

 

    Granted

  1,300,000

 

$0.11

 

    Forfeited

   (6,083,866)

 

$0.26

 

Options Outstanding  at January 31, 2015

  13,430,134

 

$0.21

    $     -0-

Options Exercisable at January 31, 2015

    7,942,356

 

$0.23

    $     -0-

 

2003 Share Plan [Member]  
STOCK BASED COMPENSATION (Tables) [Line Items]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
       


Range of
Exercise Prices

Number
Outstanding

Weighted Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise

Price

$0.07 - $0.37

1,275,000

2.73

$0.15

$0.43 - $0.70

4,624,770

.94

$0.62

$0.74 - $0.92

5,370,000

1.87

$0.86

$1.04 - $1.46

1,000,000

2.55

$1.17

2010 Share Plan [Member]  
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Compensation, Stock Award Plan, Activity [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
Exercisable

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

 

 

 

 

 

 

 

$0.12 - $0.37

13,430,134

7.64

$0.21

7,942,356

6.69

$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, Stock Options, Activity [Table Text Block]
     

Weighted

 

Aggregate

     

Average Exercise

 

Intrinsic

 

Shares

 

Price Per Share

 

Value

Options Outstanding at October 31, 2014

44,500,000

 

$0.22

   
Options Outstanding  at January 31, 2015

44,500,000

 

$0.22

      $   -0-
Options Exercisable at January 31, 2015

35,084,542

 

$0.22

      $   -0-
Schedule of Share-based Compensation, Stock Award Plan, Activity [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
Exercisable

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

 

 

 

 

 

 

 

$0.195 - $0.235

44,500,000

7.66

$0.22

35,084,542

7.66

$0.22

 

 

 

 

 

 

.