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FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Jan. 31, 2015 | Oct. 31, 2014
Fair Value Disclosures [Abstract] |  |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Money market funds – Cash and cash equivalents | $6,510,659 |  | $ - |  | $ - |  | $6,510,659
Certificates of deposit - Short term investments | - |  | 2,650,000 |  | - |  | 2,650,000
Total financial assets | $6,510,659 |  | $ 2,650,000 |  | $ - |  | $9,160,659
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Money market funds – Cash and cash equivalents | $ 155,964 |  | $ - |  | $ - |  | $ 155,964
Certificates of deposit - Short term investments | - |  | 2,500,000 |  | - |  | 2,500,000
Total financial assets | $2,655,964 |  | $2,500,000 |  | $ - |  | $2,655,964
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block] |
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Patent acquisition obligation | $ | - |  | $ | - |  | $ | 3,345,467 |  | $ | 3,345,467
| $ | - |  | $ | - |  | $ | 3,345,467 |  | $ | 3,345,467
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Patent acquisition obligation | $ | - |  | $ | - |  | $ | 3,236,281 |  | $ | 3,236,281
| $ | - |  | $ | - |  | $ | 3,236,281 |  | $ | 3,236,281
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
Patent acquisition obligation |  |
Balance October 31, 2013 |  | $ -
Initial fair value, discounted to present value |  | 2,850,511
Amortized interest on patent obligation |  | 385,770
Balance October 31, 2014 |  | 3,236,281
Amortized interest on patent obligation |  | 109,186
Balance January 31, 2015 |  | $ 3,345,467
| For the two years ended October 31, 2014
Derivative liability: |  |
Balance October 31, 2012 | $ | -
Fair value of bifurcated conversion feature issued |  | 1,180,000
Change in value of bifurcated conversion feature |  | (475,189)
Reduction of bifurcated conversion feature upon conversion of debentures |  | (164,811)
Balance October 31, 2013 |  | 540,000
Fair value of bifurcated conversion feature issued |  | 1,570,000
Change in value of bifurcated conversion feature |  | 592,945
Reduction of bifurcated conversion feature upon conversion of debentures |  | (2,702,945)
Balance October 31, 2014 | $ | -
Patent acquisition obligation: |  |
Balance October 31, 2013 | $ | -
Initial fair value, discounted to present value |  | 2,850,511
Amortized interest on patent obligation |  | 385,770
Balance October 31, 2014 | $ | 3,236,281

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 + Details
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