Quarterly report pursuant to Section 13 or 15(d)

BUSINESS AND FUNDING (Details)

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BUSINESS AND FUNDING (Details) - USD ($)
 3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Oct. 31, 2014
Accounting Policies [Abstract]          
Proceeds from Operating Activities     $ 2,165,000    
Net Cash Provided by (Used in) Investing Activities     45,224 $ (2,553,798)  
Proceeds from Sale of Short-term Investments     2,650,000 1,150,000  
Payments to Acquire Short-term Investments     2,550,000 $ 3,700,000  
Payments to Acquire Property, Plant, and Equipment     54,776    
Net Cash Provided by (Used in) Financing Activities     (410,917) $ 7,324,369  
Payments for Repurchase of Common Stock     $ 445,000    
Treasury Stock, Shares, Acquired (in Shares)     92,232    
Treasury Stock Shares Acquired in Open Market Transactions     $ 60,232    
Payments for Purchase of Common Stock in Open Market Transactions     $ 245,000    
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) 16,000   16,000    
Proceeds from Stock Options Exercised     $ 34,335 $ 51,225  
Cash and Cash Equivalents, Period Increase (Decrease)     1,799,599 2,753,392  
Cash, Cash Equivalents, and Short-term Investments $ 7,561,000   7,561,000   $ 5,861,000
Payments to Acquire Intangible Assets     0 3,036,000  
Amortization of Intangible Assets $ 81,324 $ 81,289 $ 243,972 $ 233,129