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, 2017 |
Jan. 31, 2016 |
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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, 2016 | $ 4,171,876 | |
| Accreted interest on patent obligation | 141,299 | $ (124,000) |
| Balance January 31, 2017 | $ 4,313,175 | |
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- References No definition available.
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- Definition Interest expense recorded during the period for the accretion of interest on patent acquisition obligations. 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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