Annual report pursuant to Section 13 and 15(d)

Operating Leases

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Operating Leases
12 Months Ended
Oct. 31, 2017
Leases [Abstract]  
Operating Leases

NOTE 12 - OPERATING LEASES

 

The Company occupies various office and production facilities pursuant to both term and month-to-month leases. The leases expire at various times through February 28, 2019. The following schedule summarized the future minimum lease payments on the term operating leases:

 

Years Ending October 31   Amount  
       
2018   $ 54,130  
2019     13,533  
         
Totals   $ 67,663  

 

Rent expense for the years ended October 31, 2017 and 2016, was $93,797 and $279,072, respectively.