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22. CONCENTRATION OF CREDIT RISK
12 Months Ended
Oct. 31, 2012
Risks and Uncertainties [Abstract]  
22. CONCENTRATION OF CREDIT RISK

22. CONCENTRATION OF CREDIT RISK

 

The Company maintains its cash accounts at various financial institutions in non-interest bearing accounts.  Effective December 31, 2010 the Dodd-Frank Act fully insures non-interest bearing transaction accounts through January 31, 2013.   Effective after that date accounts will be covered to $250,000 by the basic limit on federal deposit insurance.