Net Loss per Share

3 Months Ended

Jan. 31, 2016

Earnings Per Share [Abstract]

Net Loss per Share

12. Net Loss per Share

The following table sets forth the computation of weighted-average shares outstanding for calculating basic and diluted loss per share:

	Three Months Ended January 31,
	2016		2015
Weighted-average shares - basic		116,716,036		74,095,036
Effect of dilutive securities		-		-
Weighted-average shares - diluted		116,716,036		74,095,036

Basic and diluted loss per share for the three months ended January 31, 2016 and 2015 have been computed by dividing the net loss available to common stockholders for each respective period by the weighted average shares outstanding during that period. All outstanding options, warrants and shares to be issued upon the exercise of the outstanding convertible notes representing 34,870,971 and 29,074,285 incremental shares, respectively, have been excluded from the three months ended January 31, 2016 and 2015 computations of diluted earnings per shares as they are antidilutive given the net losses generated.