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Related party transactions
12 Months Ended
Oct. 31, 2011
Related Party Transactions [Abstract]  
Related party transactions

Note 9 - Related party transactions

 

The note receivable from stockholder of $66,980 at October 31, 2012 and 2011 is due from the Chief Executive Officer of the Company, bears interest at 6%, payable annually, and has no specific due date. The note is collateralized by personal property owned by the Chief Executive Officer.

 

A former director of the Company is an employee of the Company’s public relations firm. For the fiscal years ended October 31, 2012 and 2011, the Company paid the firm $43,093 and $52,684, respectively, for services rendered by that firm.