4. PREPAID GREEN COFFEE

6 Months Ended

Apr. 30, 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 $21,000 and $10,988 for the six months ended April 30, 2016 and 2015, respectively.  The prepaid coffee balance was $344,439 at April 30, 2016 and $620,452 at October 31, 2015.