14. STOCKHOLDERS' EQUITY

9 Months Ended

Jul. 31, 2012

Equity [Abstract]

STOCKHOLDERS' EQUITY

NOTE 14 - STOCKHOLDERS’ EQUITY:

  a. Treasury Stock.  The Company utilizes the cost method of accounting for treasury stock.  The cost of reissued shares is determined under the last-in, first-out method.  The Company did not purchase any shares during the three and nine months ended July 31, 2012 and 2011.

  b. Dividends:  On January 30, 2012, April 30, 2012 and July 26, 2012, the Company paid a cash dividend of $193,689 ($0.03 per share) to all stockholders of record as of January 16, 2012, April 16, 2012 and July 16, 2012.