FAIR VALUE MEASUREMENTS (Details) - Changes in the fair value of the Company's Level 3 financial liabilities measured at fair value - USD ($) |
3 Months Ended | |
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Jan. 31, 2016 |
Jan. 31, 2015 |
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Patent acquisition obligation | ||
Balance October 31, 2015 | $ 3,688,187 | |
Accreted interest on patent obligation | 123,901 | $ 109,186 |
Balance January 31, 2016 | $ 3,812,088 |
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- Definition Accretion of interest on patent acquisition obligations to interest expense. No definition available.
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- References No definition available.
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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