Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets

v3.5.0.2
Other Current Assets
3 Months Ended
Jan. 31, 2011
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets

NOTE 5 - OTHER CURRENT ASSETS

 

Other current assets on the balance sheet total $254,675 and $180,597 at January 31, 2011 and October 31, 2010 respectively. These totals comprise the following:

 

    2011     2010  
             
Value added tax (VAT)   $ -     $ 1,993  
Other receivable     177,194       178,604  
Factoring account reserves     77,481       -  
                 
Total   $ 254,675     $ 180,597