4. PREPAID GREEN COFFEE

9 Months Ended

Jul. 31, 2014

Notes to Financial Statements

4. PREPAID GREEN COFFEE

The balance represents advance payments made by OPTCO to several coffee growing cooperatives for the purchase of green coffee.  Interest is charged to the cooperatives for these advances.  Interest earned was $32,064 and $12,769 for the nine months ended July 2014 and 2013, respectively.  The prepaid coffee balance was $524,334 at July 31, 2014 and $439,290 at October 31, 2013.