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ACQUISITION (Tables)
12 Months Ended
Oct. 31, 2015
Acquisition Tables  
Summary of purchase price allocation

The company has finalized its purchase price allocation as follows:

 

Cash and cash equivalents   $ 108,882  
Accounts receivable     37,089  
Inventory     7,175  
Prepaid     4,726  
Intangible asset     62,285  
Other assets     6,185  
Total Assets     226,342  
         
Accounts payable     31,874  
Deposits     3,813  
Taxes payable     6,155  
Total Liabilities     41,842  
         
Total Purchase Price   $ 184,500  
Summary of unaudited proforma information

The following unaudited pro forma information is presented for illustration purposes only and is not necessarily indicative of the results that would have been attained had the acquisition of this business been completed at the beginning of each period presented, nor are they indicative of results that may occur in any future periods.

 

As of October 31, 2104   Twelve Months Period  
Revenue   $ 1,389,752  
Operating expense   $ 2,390,455  
Other income(expense)   $ 7,512  
Net income   $ (993,191 )