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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Summary of the changes in the fair value of the Company’s Level 3 financial liabilities on recurring basis (USD $)
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12 Months Ended |
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Oct. 31, 2013
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| Summary of the changes in the fair value of the Company’s Level 3 financial liabilities on recurring basis [Abstract] | |
| Beginning balance | |
| Fair value of bifurcated conversion feature issued | 1,180,000 |
| Change in fair value of bifurcated conversion feature | (475,189) |
| Reduction in value of bifurcated conversion feature upon Conversion of debenture | (164,811) |
| Ending balance | $ 540,000 |
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- Details
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- Definition
Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of realized and unrealized gain (loss) included in earnings, which have arisen from the use of significant unobservable inputs (level 3) to measure fair value of assets, liabilities, and financial instruments classified in shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of issuances 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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- 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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