Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss)

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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Oct. 31, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

NOTE 9 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

 

Other comprehensive income (loss) consists of foreign currency translation adjustments. Total other comprehensive income (loss) was $255,499 and $ (2,710,953) for the years ended October 31, 2017 and 2016, respectively.

 

A reconciliation of the other accumulated comprehensive income (loss) in the stockholders’ equity section of the consolidated balance sheets is as follows:

 

    2017     2016  
             
Balance, beginning of year   $ (2,337,437 )   $ 373,516  
Total other comprehensive income (loss) for the year - foreign currency translation adjustment     299,006       (2,710,953 )
Balance, end of period   $ (2,038,431 )   $ (2,337,437 )