XML 31 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
7. INCOME TAXES (Details 1) (USD $)
12 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Income Taxes Details 1    
Tax at the federal statutory rate of 34% $ 1,378,625 $ 365,672
Non controlling interest (33,600) (11,600)
Amortization (14,900) (14,900)
Section 199 (23,100) (40,000)
Accrual adjustments 50,430   
Other permanent differences 24,000 (25,600)
State and local tax, net of federal 88,926 (44,050)
Provision for income taxes $ 1,470,381 $ 229,522
Effective income tax rate 36.00% 21.00%