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7. INCOME TAXES (Details) - USD ($)
12 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Current    
Federal $ (73,407) $ 1,607,952
State and local 36,610 332,199
Total Current (36,797) 1,940,151
Deferred    
Federal (657,500) 886,060
State and local (69,350) 120,891
Total Deferred (726,850) 1,006,500
Income tax (benefit) expense $ (763,647) $ 2,947,102