Warrants and Stock Options
|12 Months Ended|
Oct. 31, 2010
|Compensation Related Costs [Abstract]|
|Warrants and Stock Options||
NOTE 9 - WARRANTS AND STOCK OPTIONS
Transactions involving stock options and warrants issued are summarized as follows:
The number and weighted average exercise prices of warrants outstanding as of October 31, 2010 are as follows:
The number and weighted average exercise prices of stock purchase options outstanding as of October 31, 2010 are as follows:
There is no intrinsic value to the option exercisable as of October 31, 2010.
See Note 16 of the Consolidated Financial Statement for current information on the status of Warrants and Stock Options.
The entire disclosure for compensation costs, including compensated absences accruals, compensated absences liability, deferred compensation arrangements and income statement compensation items. Deferred compensation arrangements may include a description of an arrangement with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares (units) issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.
Reference 1: http://www.xbrl.org/2003/role/presentationRef