Related Party Transaction |
12 Months Ended |
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Oct. 31, 2020 | |
Related Party Transactions [Abstract] | |
Related Party Transaction |
NOTE 16 – RELATED PARTY TRANSACTION
During the fiscal year ended October 31, 2019, 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 proceeds of sale were used to purchase the current office/manufacturing facility in Orlando. |
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- References No definition available.
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- Definition 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://www.xbrl.org/2003/role/disclosureRef
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