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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Oct. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Summary of assets carried at fair value

    

Quoted Price in 

    

Significant Other

    

Significant

    

Balance at

Active Markets

Observable Inputs

Unobservable Inputs

October 31,

(Level 1)

(Level 2)

(Level 3)

2023

Short-term investment

$

$

26,797,081

$

$

26,797,081

    

Quoted Price in

    

Significant Other

    

Significant

    

Balance at 

Active Markets

Observable Inputs

Unobservable Inputs

October 31,

(Level 1)

(Level 2)

(Level 3)

2022

Short-term investment

$

$

26,179,662

$

$

26,179,662

Summary of cash balances by geographic area

Country:

    

October 31, 2023

    

October 31, 2022

 

China

$

2,383

    

100.0

%  

$

1,917

    

76.4

%

Hong Kong

 

 

591

 

23.6

%

Total cash

$

2,383

100.0

%  

$

2,508

 

100.0

%

Summary of estimated useful life of property and equipment

    

Estimated Useful Life

Office equipment and furniture

 

3 - 5 Years

Summary of revenue based on services

Years Ended October 31,

    

2023

    

2022

    

2021

Insurance brokerage services

$

1,244,247

$

1,324,655

$

2,675,611

Insurance related risk management services

 

 

27,254

 

115,006

Total revenues

$

1,244,247

$

1,351,909

$

2,790,617

Summary of securities excluded from diluted per share

Years Ended October 31,

    

2023

    

2022

    

2021

Stock warrants

 

141,800

 

141,800

 

141,800

Potentially dilutive securities

 

141,800

 

141,800

 

141,800