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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Jan. 31, 2016
Notes to Financial Statements  
NOTE 4 - COMMITMENTS AND CONTINGENCIES

The Company leases office space located at 2233 Argentia Road Suite 306 Mississauga, Ontario Canada L5N 2X7. The offices contain approximately 2,810 square feet of office space and are leased from July 1, 2014 through July 31, 2017. Under the terms of the lease, the gross monthly rental cost including common area charges is $6,700 per month. The lease terminates on July, 31, 2017. The yearly rental obligations under the lease agreement are as follows:

 

2016   $ 52,925  
2017   $ 61,538  
2018   $ 0  
2029   $ 0  
thereafter   $ 0  
Total   $ 114,463