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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
12 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Summary Of Significant Accounting Policies Details 3    
Net Income $ 2,485,677 $ 811,930
BASIC EARNINGS:    
Weighted average number of common shares outstanding 6,372,309 5,563,802
Basic earnings per common share $ 0.39 $ 0.15
DILUTED EARNINGS:    
Weighted average number of common share outstanding 6,372,309 5,563,802
Warrants 267,000 267,000
Contingent shares - common stock equivalents    5,000
Weighted average number of common shares outstanding - as adjusted 6,639,309 5,835,802
Diluted earnings per common share $ 0.37 $ 0.14