Related Party Transaction
|12 Months Ended|
Oct. 31, 2019
|Related Party Transactions [Abstract]|
|Related Party Transaction||
NOTE 15 – RELATED PARTY TRANSACTION
During the year the company sold our Orlando property to Blair Cunningham an Officer for $705,000 cash. It was determined that this was a fair value for the property based on review of comparable sales. The funds were used to purchase the current office space in Orlando.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef