Quarterly report pursuant to sections 13 or 15(d)

NOTES PAYABLE - CONVERTIBLE PROMISSORY NOTES (Tables)

v2.4.0.6
NOTES PAYABLE - CONVERTIBLE PROMISSORY NOTES (Tables)
9 Months Ended
Jul. 31, 2012
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]

We refer to all convertible promissory notes with a maturity date less than one year collectively as “Short-term Convertible Promissory Notes.”

 

Short-term Convertible Promissory Notes - Principal Value - Issued   $ 18,225,036  
Principal payments on Bridge Notes     (2,124,851 )
Short-term Convertible Promissory Note Conversions     (9,890,228 )
May, October and December 2011 Debt for Equity Exchanges     (4,114,176 )
Bridge Note Exchanges     4,712  
Original Issue Discount, net of accreted interest     (26,525 )
Fair Value of Attached Warrants at issuance     (5,805,580 )
Fair Value of Embedded Derivatives at issuance     (6,034,500 )
Accreted interest on embedded derivative and warrant liabilities     11,097,689  
Adjustments to fair value - May 2012 Notes     (248,142 )
         
Convertible Notes- as of  July 31, 2012   $ 1,083,435  
Embedded Derivatives Liability at July 31, 2012     2,136  
Notes Payable - convertible promissory notes  and fair value of embedded derivative   $ 1,085,571