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NET LOSS PER SHARE OF COMMON STOCK (Tables)
3 Months Ended
Jan. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

 

For the Three

 

Months Ended

 

January 31, 2015

Basic weighted average common shares outstanding

8,788,375

Effect of Series A convertible preferred stock

461,572

Effect of stock options

1,588

Dilutive weighted average common shares outstanding

9,251,535