XML 15 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Unaudited Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Cash flows from operating activities:    
Net loss $ (336,567) $ (1,620,872)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 204,000 1,352,500
Amortization of debt discount 25,000 46,340
Imputed interest expense 4,550 4,550
Change in fair value of derivative liabilities 0 (25,799)
Depreciation expense 301 301
Change in operating assets and liabilities:    
Prepaid and deferred expenses 792 (2,376)
Accounts payable and accrued expenses 0 17,237
Accrued interest payable 1,500 6,834
Net cash used in operating activities (100,424) (221,285)
Cash flows from financing activities:    
Common stock issued for cash 0 140,000
Convertible note issued for cash 0 67,500
Repayment of convertible notes 0 0
Other payables - related parties 97,212 0
Net cash provided by financing activities 97,212 207,500
Net increase / decrease in cash (3,212) (13,785)
Cash, beginning of the period 6,833 50,089
Cash, end of the period 3,621 36,304
Supplemental cash flow disclosure:    
Interest paid 0 0
Income taxes paid 0 0
Supplemental disclosure of non-cash transactions:    
Common stock issued for payment on outstanding liabilities 0 40,000
Common stock issued for conversion on notes payable 0 46,129
Conversion of derivative liability to common stock 0 59,739
Retirement of common shares 200,000 0
Derivative liabilities $ 0 $ 221,353