Stock-Based Compensation

3 Months Ended

Jan. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

9. Stock-Based Compensation

Stock-based employee compensation related to stock options for the three months ended January 31, 2016 and 2015 amounted to $-0-.

The following is a summary of the common stock options granted, forfeited or expired and exercised under the Plan:

			Weighted
			Average
			Exercise
	Options		Price
Outstanding – October 31, 2014		30,000	$	0.90
Granted		-		-
Forfeited/Expired		-		-
Exercised		-		-
Outstanding – October 31, 2015		30,000	$	0.90
Granted		-		-
Forfeited/Expired		-		-
Exercised		-		-
Outstanding – January 31, 2016		30,000	$	0.90

Options typically vest immediately at the date of grant. As such, the Company does not have any unvested options or unrecognized compensation expense at January 31, 2016.