3. Notes Payable - Related Party	6 Months Ended
Apr. 30, 2017
Notes
3. Notes Payable - Related Party	3. Notes Payable – Related Party The Company has a note payable to G.S. Beckwith Gilbert, the Company’s Chairman and significant stockholder, of $2,700,000 (the “Third Replacement Note”) as of April 30, 2017. The Third Replacement Note bears a maturity date of November 1, 2018, with an annual interest rate of 6%. Interest payments are due by October 31 of each fiscal year. The Company has paid all interest incurred on the Third Replacement Note through April 30, 2017, totaling $81,450. The Company believes that its liquidity is adequate to meet operating and investment requirements for the next twelve months.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-URI http://asc.fasb.org/topic&trid=2122745

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