|12 Months Ended|
Oct. 31, 2010
|Property, Plant and Equipment [Abstract]|
NOTE 6 - FIXED ASSETS
Property and equipment at October 31, 2010 and 2009 is summarized as follows:
Depreciation expense recorded in the statements of operations for the years ended October 31, 2010 and 2009 is $95,854 and $238,632, respectively.
During, the current year, the Company sold assets for $46,271, which has been netted against the purchase of new assets in the table above.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef