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3. DEBT (Details Narrative) (USD $)
3 Months Ended
Jan. 31, 2013
Percent of margin for term note 2.75%
Percent of margin revolving line of credit 2.50%
Term debt subject to variable interest rates $ 1,853,000
Interest rate on outstanding balance of term note 75.00%
Descrption of interest rate The one-month LIBOR was .21% on the last business day of January 2013
Variable interest rate for term note 2.96%
Variable interest rate for revolving line of credit 2.71%
Bank of America
 
Maximum Loan Capacity 20,500,000
Current obligation of term loan 15,500,000
Access of revolving line of credit 5,000,000
Available to borrow from the revolving line of credit 3,496,000
Collateralized a letter of credit 1,504,000
Amount outstanding on term note 8,911,500
Number of installment for payment 59
Installment payment of debt 184,500
Commencing date of periodic payment May 05, 2010
Final payment of debt 4,114,500
Henry, Peter and John Baker
 
Subordinated debt owed $ 11,500,000
Due date of subordinate debt Oct. 05, 2015
Subordinate interest rate 12.00%