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BASIS OF PRESENTATION, RESTATEMENT AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Jan. 31, 2021
Accounting Policies [Abstract]  
SCHEDULE OF ERROR CORRECTIONS AND PRIOR PERIOD ADJUSTMENTS

Selected Condensed Consolidated Statement of Operations for the quarter ended January 31, 2020

 

 SCHEDULE OF ERROR CORRECTIONS AND PRIOR PERIOD ADJUSTMENTS

  

Previously

Reported

  

Increase

(Decrease)

  

 

As Restated

 
Net Sales  $19,285,501   $(2,158,458)  $17,127,043 
Cost of Sales  $(16,170,747)  $2,158,458   $(14,012,289)
Gross Profit  $3,114,754   $-   $3,114,754 
SUMMARY OF BLACK SCHOLES ASSUMPTIONS

The Black Scholes assumptions are as follows:

 

Expected Life  10 years 
Risk free interest rate  2.42% ˗ 2.57%
Expected volatility  43.0% ˗ 64.2%
Expected dividend yield  0%
Forfeiture rate  0%