Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

v3.5.0.2
Fixed Assets
3 Months Ended
Jan. 31, 2011
Property, Plant and Equipment [Abstract]  
Fixed Assets

NOTE 6 - FIXED ASSETS

 

Property and equipment at January 31, 2011 and October 31, 2010 is summarized as follows:

 

    2011     2010  
Machinery and equipment   $ 879,554     $ 674,751  
Accumulated depreciation     (703,311 )     (560,282 )
                 
Net property and equipment assets   $ 176,243     $ 114,469  

 

Depreciation expense recorded in the statement of operations for the period ended January 31, 2011 and 2010 is $22,436 and $30,076, respectively.