4. PREPAID GREEN COFFEE

3 Months Ended

Jan. 31, 2016

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 $10,012 and $8,297 for the three months ended January 31, 2016 and 2015, respectively.  The prepaid coffee balance was $573,580 at January 31, 2016 and $620,452 at October 31, 2015.