Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

v3.5.0.2
Fixed Assets
 6 Months Ended
Apr. 30, 2011
Property, Plant and Equipment [Abstract]  
Fixed Assets

NOTE 6 - FIXED ASSETS

 

Property and equipment at April 30, 2011 and October 31, 2010 is summarized as follows:

 

    2011     2010  
Machinery and equipment   $ 752,678     $ 674,751  
Accumulated depreciation     (687,235 )     (560,282 )
                 
Net property and equipment assets   $ 65,443     $ 114,469  

 

Depreciation expense recorded in the statement of operations for the six months ended April 30, 2011 and 2010 is $45,689 and $77,507, respectively. Depreciation expense recorded in the statement of operations for the three months ended April 30, 2011 and 2010 is $23,253 and $47,431, respectively.