Annual report pursuant to Section 13 and 15(d)

Notes Payable (Tables)

v3.20.4
Notes Payable (Tables)
12 Months Ended
Oct. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Notes Payable

Notes payable consisted of the following at:

 

    October 31, 2020     October 31, 2019  
             
Secured note payable to HSBC NA with interest payable on the 28th day of each month at 4.56% per annum. Our monthly repayment obligation under this loan is $43,777 (comprising both principal and interest repayment). The maturity of this Loan is December 28, 2021   $ 573,108     $ 1,059,574  
                 
Total     573,108       1,059,574  
Less: current portion     (509,769 )     (487,140 )
Total Long Term Notes Payable   $ 63,339     $ 572,434  

Schedule of Principal Maturities of Notes Payable
Years Ending October 31,   Amount  
2021     509,769  
2022     63,339  
         
Totals   $ 573,108