General form of registration statement for all companies including face-amount certificate companies

Stock Based Compensation (Tables)

v2.4.0.6
Stock Based Compensation (Tables)
3 Months Ended 12 Months Ended
Jan. 31, 2013
Oct. 31, 2012
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

For the Three Months

Ended January 31,

 

2013

2012

Weighted average fair value at grant date

$                 .17

$              0.08

Valuation assumptions:

 

 

Expected life ( years)

5.12

1.6

Expected volatility

115.7%

124%

Risk-free interest rate

.58%

.20%

Expected dividend yield

0

0

 

For the fiscal Year Ended       October 31,

 

2012

2011

Weighted average fair value at grant date

$0.18

$0.15

Valuation assumptions:

 

 

Expected term (in years)

5.75

3.3

Expected volatility

109%

107%

Risk-free interest rate

1.16%

0.88%

Expected dividend yield

0

0

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 


Shares

Weighted
Average Exercise
Price Per Share

Aggregate Intrinsic Value

Options Outstanding at October 31, 2012

16,350,045

$                    0.72

 

Forfeited

(441,200)

$                    0.83

 

Options Outstanding at January 31, 2013

15,908,845

$                    0.71

$         185,000

Options Exercisable at January 31, 2013

15,848,845

$                    0.71

$         175,000

 

 


Shares

Weighted
Average Exercise
Price Per Share

 

Aggregate

Intrinsic Value

 

 

 

 

Options Outstanding at October 31, 2010

870,466

$0.66

 

Expired

(870,466)

$0.66

 

Options Outstanding and Exercisable at October 31, 2011 and 2012

-0-

$-0-

$-0-

 

 


Shares

Current Weighted
Average Exercise
Price Per Share

 

Aggregate

Intrinsic Value

 

 

 

 

Options Outstanding at October 31, 2010

18,112,045

$0.80

 

Expired

(60,000)

$0.59

 

Exercised

(500,000)

$0.25

 

Options Outstanding and Exercisable at October 31, 2011

 

17,552,045

 

$0.81

 

Granted

60,000

$0.072

 

Forfeited

(195,000)

 

 

Cancelled

(1,067,000)

$0.86

 

Options Outstanding at October 31, 2012

16, 350,045

$0.715

$ 222,000

Options Exercisable at October 31, 2012

16,290,045

$0.718

$ 211,000

 


Shares

Weighted
Average Exercise
Price Per Share

Aggregate Intrinsic Value

 

 

 

 

Options Outstanding at October 31, 2010

1,035,000

$ 0.21

 

Granted

5,135,000

$0.25

 

Exercised

(5,120,000)

$0.23

 

Options Outstanding at October 31, 2011

1,050,000

$ 0.31

 

Granted

3,060,000

$0.19

 

Exercised

(1,290,000)

$0.16

 

Options Outstanding at October 31, 2012

2,820,000

$0.248

$ 109,730

Options Exercisable at October 31, 2012

1,928,750

$0.261

$ 73,346

2003 Share Plan [Member]
   
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

 

Stock Options Outstanding

Stock Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

Number
Exercisable

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

$0.07 - $0.37

2,070,000

3.72

$0.15

2,010,000

3.69

$0.16

$0.43 - $0.70

5,384,770

2.70

$0.60

5,384,770

2.70

$0.60

$0.74 - $0.92

6,199,075

3.52

$0.85

6,199,075

3.52

$0.85

$1.04 - $1.46

2,255,000

2.98

$1.10

2,255,000

2.98

$1.10

 

Options Outstanding

Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

Number
Exercisable

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

 

 

 

 

 

 

 

$0.12 - $0.37

3,000,000

6.47

$0.24

2,000,000

5.47

$0.26

 

Options Outstanding

Options Exercisable


Range of
Exercise Prices

Number
Outstanding

Weighted
Average
Remaining
Contractual Life

(in years)

Weighted
Average
Exercise Price

Number
Exercisable

Weighted
Average
Remaining
Contractual Life (in years)

Weighted
Average
Exercise Price

 

 

 

 

 

 

 

$0.21 - $0.22

42,500,000

9.64

$0.22

3,055,574

9.66

$0.22

 
2010 Share Plan [Member]
   
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 


Shares

Weighted
Average Exercise
Price Per Share

Aggregate
 Intrinsic
Value

 

 

 

 

Options Outstanding at October 31, 2012

2,820,000

$0.25

 

Granted

180,000

$0.20

 

Options Outstanding at January 31, 2013

3,000,000

$0.24

$76,000

Options Exercisable at January 31, 2013

2,000,000

$0.26

$51,000