FAIR VALUE MEASUREMENTS (Details) - Changes in the fair value of the Company's Level 3 financial liabilities measured at fair value - USD ($) |
6 Months Ended | |
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Apr. 30, 2016 |
Apr. 30, 2015 |
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| Changes in the fair value of the Company's Level 3 financial liabilities measured at fair value [Abstract] | ||
| Balance October 31, 2015 | $ 3,688,187 | |
| Accreted interest on patent obligation | 250,881 | $ 217,798 |
| Balance April 30, 2016 | $ 3,939,068 | |
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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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