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Intangible assets
 6 Months Ended
Apr. 30, 2012
Intangible assets

Note 10 - Intangible assets

 

Intangible assets are comprised of the following: 

 

    April 30, 2012     October 31, 2011  
Amortizable intangible assets                
Non-compete agreements (estimated life 5 years)   $ 200,000     $ 200,000  
Accumulated amortization     (35,000 )     (15,000 )
      165,000       185,000  
                 
Customer relationships (estimated life 9.6 years)     1,730,000       1,730,000  
Accumulated amortization     (157,683 )     (67,579 )
      1,572,317       1,662,421  
                 
Backlog (estimated life 6 months)     75,000       75,000  
Accumulated amortization     (75,000 )     (56,250 )
      -       18,750  
Totals   $ 1,737,317     $ 1,866,171  
                 
Non-amortizable intangible assets                
Trademarks   $ 410,000     $ 410,000