FAIR VALUE MEASUREMENTS (Details) - Changes in the fair value of the Company's Level 3 financial liabilities measured at fair value - USD ($) |
9 Months Ended | |
|---|---|---|
Jul. 31, 2016 |
Jul. 31, 2015 |
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| Patent acquisition obligation | ||
| Balance October 31, 2015 | $ 3,688,187 | |
| Accreted interest on patent obligation | 383,238 | $ 333,779 |
| Balance July 31, 2016 | $ 4,071,425 | |
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- Definition Accretion of interest on patent acquisition obligations to interest expense. No definition available.
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| X | ||||||||||
- 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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