STOCKHOLDERS’ EQUITY:

12 Months Ended

Oct. 31, 2023

Equity [Abstract]

STOCKHOLDERS’ EQUITY:

NOTE 11 - STOCKHOLDERS’ EQUITY:

a.

Treasury Stock. The Company utilizes the cost method of accounting for treasury stock. The cost of reissued shares is determined under the last-in, first-out method. The Company did not purchase any shares during the years ended October 31, 2023 and 2022.

b.

Stock Options. The Company has an incentive stock plan, the 2013 Equity Compensation Plan (the “2013 Plan”), and on April 19, 2019, has granted 1,000,000 stock options to employees, officers and non-employee directors from the 2013 Plan each with an exercise price of $5.43. Options granted under the 2013 Plan may be Incentive Stock Options or Nonqualified Stock Options, as determined by the Administrator at the time of grant. No options were granted, forfeited or expired during the years ended October 31, 2023 and 2022. As of October 31, 2023 and October 31, 2022, 1,000,000 were exercisable, respectively.

The Company recorded $0 and $405,821 of stock-based compensation during the years ended October 31, 2023 and 2022, respectively. Stock compensation was fully recognized during the year ended October 31, 2022.