Quarterly report pursuant to Section 13 or 15(d)

NOTES RECEIVABLE (Tables)

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NOTES RECEIVABLE (Tables)
6 Months Ended
Apr. 30, 2014
Receivables [Abstract]  
Schedule of notes receivable
 
 
April 30, 2014
   
October 31, 2013
 
On July 8, 2013, we issued a one-year, secured $11,000 fixed rate Promissory Note (the "note") to an independent contractor, with an interest rate of 8%, which matures in July 2014.  The note was issued for the financing of a tractor and trailer we sold for $22,000. The note calls for weekly payments of $228.46, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.
 
$
2,538
   
$
7,827
 
 
               
On July 8, 2013, we issued a one-year, secured $7,500 fixed rate Promissory Note (the "note") to an independent contractor, with an interest rate of 10%, which matures in July 2014.  The note was issued for the financing of a trailer valued at $7,500. The note calls for weekly payments of $144.23, until the balance and accrued interest is paid in full, and can be repaid before maturity in whole or part, without penalty.
   
-
     
5,192
 
 
               
Total notes receivable
 
$
2,538
   
$
13,019
 
Less current portion of notes receivable
   
(2,538
)
   
(13,019
)
 
               
Long-term portion of notes receivable
 
$
-
   
$
-