Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v2.4.0.8
Stock Options (Tables)
9 Months Ended
Jul. 31, 2014
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  July 31, 2014 October 31, 2013
Expected volatility 219-252% 142.25%
Risk-free interest rate 1.72-1.76% 1.83%
Expected life 5 years 5 years
Dividend yield 0.00% 0.00%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
      Options Outstanding  
            Weighted Average  
      Number of Shares     Exercise Price  
  Balance, October 31, 2013   2,200,000   $ 0.23  
  Expired   250,000     0.35  
  Exercised   100,000     0.22  
  Granted   775,000     0.53  
  Balance, July 31, 2014   2,625,000   $ 0.24  
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
July 31, 2014     Options outstanding     Options exercisable  
                               
Range of Exercise   Number of     Weighted average     Weighted average     Number of     Weighted average  
prices   shares     remaining contractual life     exercise price     shares     exercise price  
$0.20   150,000     1.04 years   $ 0.20     150,000   $ 0.20  
$0.20   850,000     0.47 years   $ 0.20     850,000   $ 0.20  
$0.35   450,000     1.95years   $ 0.35     450,000   $ 0.35  
$0.10   400,000     3.88 years   $ 0.20     400,000   $ 0.10  
$0.60   50,000     4.65 years   $ 0.60     50,000   $ 0.60  
$0.50   100,000     4.67 years   $ 0.50     100,000   $ 0.50  
$0.25   625,000     4.98 years   $ 0.25     625,000   $ 0.25  
Total   2,625,000     2.54 years   $ 0.24     2,625,000   $ 0.24