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9. Stock-Based Compensation: Schedule of Share-based Compensation, Activity (Tables)
12 Months Ended
Oct. 31, 2016
Tables/Schedules  
Schedule of Share-based Compensation, Activity

 

 

Number of stock options

Weighted average exercise price

Weighted average remaining contractual term (in years)

Aggregate intrinsic value

 

 

 

 

 

Stock options outstanding at November 1, 2014

       916,500

   $2.64

         5.0

$1,405,000

Stock options granted

       472,500

$3.22

 

 

Stock options exercised

     (203,000)

$0.25

 

 

Outstanding at October 31, 2015

  1,186,000

$3.27

         6.7

    $293,000

Stock options granted

    240,000

$3.41

 

 

Stock options exercised

    (37,000)

     $0.49

 

 

Stock options forfeited

(60,000)

$2.49

 

 

Stock options outstanding at October 31, 2016

1,329,000

$3.42

           3.9

       $130,000

Stock options exercisable at October 31, 2016

   631,000

$3.51

           5.2

       $126,000