Fair Value Measurements (Tables)

3 Months Ended

Jan. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Liabilities Measured on Recurring Basis

The following table summarizes the financial liabilities measured at fair value on a recurring basis as of January 31, 2016, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

	Quoted Prices in Active		Significant Other						Total Increase (Reduction)
	Markets for		Observable		Significant				in Fair Value
Balance Sheet	Identical Assets or		Inputs		Unobservable		January 31, 2016		Recorded at
Location	Liabilities (Level 1)		(Level 2)		Inputs (Level 3)		Total		January 31, 2015
Liabilities:
Derivative liability	$	-	$	-	$	499,952	$	499,952	$	(54,634	)

Schedule of Changes in Fair Value of Financial Liabilities or Derivative Liabilities

The table below sets forth a summary of changes in the fair value of the Company’s Level 3 financial liability, or derivative liabilities related to the senior secured convertible notes and warrants, for the three months ended January 31, 2016 and 2015.

	2016			2015
Balance at beginning of period	$	344,086		$	201,260
Additions to derivative instruments		210,500			179,820
Change in fair value of derivative liabilities		(54,634	)		652,348
Settlements		-			(385,699	)
Balance at end of period	$	499,952		$	647,729