LEASES (Tables)

9 Months Ended

Jul. 31, 2013

LEASES

Schedule of minimum future lease payments

At July 31, 2013, the Company had the following annual minimum future lease payments, which at inception had non-cancelable terms of more than one year:

August 1, 2013 — July 31, 2014	$	1,412,842
August 1, 2014 — July 31, 2015	847,014
August 1, 2015 — July 31, 2016	833,140
August 1, 2016 — July 31, 2017	831,600
August 1, 2017 — July 31, 2018	69,300
Total lease commitments	$	3,993,896