Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.4.0.3
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Apr. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]

  

Level 1

  

Level 2

  

Level 3

  

Total
                       

Money market funds –   Cash  equivalents

$

2,047,039

      

$

-

  

$

-

  

$

2,047,039

Certificates of deposit - Short-term

investments

 

-

  

 

2,150,000

 

 

-

  

 

2,150,000

Total financial assets

$

2,047,039

 

$

2,150,000

 

$

-

  

$

4,197,039

 

Level 1

  

Level 2

  

Level 3

  

Total
                       

Money market funds – Cash equivalents

$

467,967

 

$

-

  

$

-

  

$

467,967

Certificates of deposit - Short term

investments

 

-

  

 

2,400,000

  

 

-

  

 

2,400,000

Total financial assets

$

467,967

 

$

2,400,000

 

$

-

  

$

2,867,967

Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]
                     
 

Level 1

Level 2

Level 3

Total
                       

Patent acquisition obligation

$ 

-

  

$                

-

  

$

3,939,068

  

$

3,939,068

 

 

 

  

 

 

  

 

 

  

 

.
                       
 

Level 1

Level 2

Level 3

Total
                       

Patent acquisition obligation

$ 

-

  

$ 

-

  

$ 

3,688,187

  

$ 

3,688,187

 

 

 

  

 

 

  

 

 

  

 

.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Patent acquisition obligation

    

Balance October 31, 2015

$

3,688,187

Accreted interest on patent obligation

 

250,881

Balance April 30, 2016

$

3,939,068