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14. FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jan. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy

 

 

          Fair Value Measurements as of January 31, 2015  
    Total     Level 1     Level 2     Level 3  
Assets:                        
   Money market     503,158       503,158              
Total Assets   $ 503,158     $ 503,158              
                                 
Liabilities:                                
Commodities – Options     (700,064 )             (700,064 )        
Commodities – Futures     (1,146,669 )           (1,146,669 )      
Total Liabilities   $ (1,846,733 )         $ (1,846,733 )      

 

          Fair Value Measurements as of October 31, 2014  
    Total     Level 1     Level 2     Level 3  
Assets:                        
     Money market     515,549       515,549              
Total Assets   $ 515,549     $ 515,549              

 

Liabilities:                        
Commodities – Options     (217,624 )           (217,624 )      
Commodities – Futures     (267,300 )           (267,300 )      
Total Liabilities   $ (484,924 )         $ (484,924 )