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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
12 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Summary Of Significant Accounting Policies Details 3    
Net (Loss) income $ (1,480,235) $ 2,485,677
BASIC EARNINGS:    
Weighted average number of common shares outstanding 6,372,309 6,372,309
Basic (loss) earnings per common share $ (0.23) $ 0.39
DILUTED EARNINGS:    
Weighted average number of common share outstanding 6,372,309 6,372,309
Warrants 0 267,000
Weighted average number of common shares outstanding - as adjusted 6,372,309 6,639,309
Diluted (loss) earnings per common share $ (0.23) $ 0.37