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Insider Trading Arrangements
 6 Months Ended
Apr. 30, 2025
Trading Arrangements, by Individual [Table]  
Material Terms of Trading Arrangement [Text Block]

Item 5. Other Information

 

Insider Trading Arrangements

 

During the quarterly period ended April 30, 2025, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement, and/or any non-Rule 10b5-1 trading arrangement (as such terms are defined pursuant to Item 408 of Regulation S-K).  

 

Salary Increase

 

In connection with the promotion of Ray Bibisi to the Company’s President and Chief Operating Officer, the Board of Directors of the Company (the “Board”), based upon the recommendation of the Compensation Committee of the Board, approved a salary increase for Ray Bibisi from $275,000 to $300,000 effective May 1, 2025.

 

There is no arrangement or understanding with any person pursuant to which Mr. Bibisi was appointed President or in connection with his salary increase. There are no family relationships between Mr. Bibisi and any director or executive officer of the Company, and Mr. Bibisi is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
Rule 10b5-1 Arrangement Terminated [Flag] false
Rule 10b5-1 Arrangement Adopted [Flag] false
Non-Rule 10b5-1 Arrangement Adopted [Flag] false
Non-Rule 10b5-1 Arrangement Terminated [Flag] false