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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
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3 Months Ended | 6 Months Ended | 25 Months Ended | ||
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Apr. 30, 2013
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Apr. 30, 2012
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Apr. 30, 2013
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Apr. 30, 2012
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Apr. 30, 2013
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| Income Statement [Abstract] | |||||
| Operating revenues | $ 108,929 | $ 166,059 | $ 182,302 | ||
| Operating expenses: | |||||
| Fuel and fuel taxes | 43,587 | 68,168 | 73,524 | ||
| Salaries and wages | 28,494 | 44,810 | 47,449 | ||
| Operations and maintenance | 21,601 | 31,406 | 31,802 | ||
| Professional fees | 4,210 | 550 | 11,746 | 550 | 15,045 |
| Depreciation and amortization | 3,854 | 4,645 | 4,645 | ||
| General and administrative | 3,571 | 7,866 | 12,894 | ||
| Total operating expenses | 105,317 | 550 | 168,641 | 550 | 185,359 |
| Operating income (loss) | 3,612 | (550) | (2,582) | (550) | (3,057) |
| Other expense income (expense): | |||||
| Interest expense | (649) | (862) | (862) | ||
| Interest income | 162 | 169 | 305 | 348 | 1,485 |
| Gain on insurance claim | 6,506 | 6,506 | |||
| Total other income (expense) | (487) | 169 | 5,949 | 348 | 7,129 |
| Income (loss) before provision for income taxes | 3,125 | (381) | 3,367 | (202) | 4,072 |
| Provision for income taxes | (1,056) | (1,138) | (1,384) | ||
| Net Income (Loss) | $ 2,069 | $ (381) | $ 2,229 | $ (202) | $ 2,688 |
| Basic and diluted income (loss) per share (in dollars per share) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | |
| Weighted average number of shares outstanding (in shares) | 3,147,500 | 2,325,000 | 3,053,978 | 2,325,000 | |
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- Definition
Represents fuel taxes incurred that are directly related to goods produced and sold and services rendered during the reporting period. No definition available.
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- Definition
Represents gain on insurance claims during the period. No definition available.
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- Definition
Revenue from transporting cargo and freight between locations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Costs incurred and are directly related to generating maintenance revenues. Also includes cost of maintenance on client contracts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expenditures for salaries other than officers. Does not include allocated share-based compensation, pension and post-retirement benefit expense or other labor-related non-salary expense. For commercial and industrial companies, excludes any direct and overhead labor that is included in cost of goods sold. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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