Innovative Designs (IVDN) 10-Q 23 Sep 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Apr. 30, 2021	Sep. 21, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Apr. 30, 2021
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--10-31
Entity File Number	000-51791
Entity Registrant Name	INNOVATIVE DESIGNS, INC.
Entity Central Index Key	0001190370
Entity Tax Identification Number	03-0465528
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	124 Cherry Street
Entity Address, City or Town	Pittsburgh
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15223
City Area Code	412
Local Phone Number	799-0350
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		32,741,560

CONDENSED BALANCE SHEETS (UNAUD

CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
CURRENT ASSETS
Cash	$ 220,899	$ 48,009
Accounts receivable - net of allowance for doubtful accounts of $5,860	4,766	19,900
Inventory - net of obsolete inventory reserve of $75,468	574,125	576,785
Current portion of right of use asset	39,853	38,775
Total current assets	839,643	683,469
PROPERTY AND EQUIPMENT - NET	48,533	65,187
OTHER ASSETS
Inventory on consignment	1,625	1,625
Deposits on inventory	57,330	57,330
Advance to employees	8,200	8,200
Right of use asset, net of current portion	20,762	40,962
Deposits on equipment	600,000	600,000
Total other assets	687,917	708,117
TOTAL ASSETS	1,576,093	1,456,773
CURRENT LIABILITIES
Accounts payable	210,234	270,792
Current portion of notes payable	18,628	18,628
Current portion of lease liability	39,853	38,775
Accrued interest expense	17,017	15,747
Due to shareholders	302,200	102,200
Accrued expenses	14,553	14,553
Total current liabilities	602,485	460,695
LONG-TERM LIABILITIES
Long-term portion of notes payable	105,373	107,193
Lease liability, net of current portion	20,762	40,962
Total long-term liabilities	126,135	148,155
TOTAL LIABILITIES	728,620	608,850
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 25,000,000 shares authorized
Common stock, $0.0001 par value, 100,800,000 shares authorized, and 32,091,560 and 30,866,560 issued and outstanding	3,211	3,123
Additional paid-in capital	10,733,740	10,574,828
Accumulated deficit	(9,889,478)	(9,730,028)
Total stockholders’ equity	847,473	847,923
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,576,093	$ 1,456,773

CONDENSED BALANCE SHEETS (UNA_2

CONDENSED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 5,860	$ 5,860
Inventory obsolete reserve	$ 75,468	$ 75,468
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized	25,000,000	25,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	100,800,000	100,800,000
Common stock, issued	32,091,560	30,866,560
Common stock, outstanding	32,091,560	30,866,560

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Income Statement [Abstract]
REVENUES - NET	$ 25,896	$ 35,808	$ 65,913	$ 83,234
OPERATING EXPENSES:
Cost of sales	9,006	15,311	27,641	35,699
Selling, general and administrative expenses	127,943	80,612	209,153	172,157
Total Operating Expenses	136,949	95,923	236,794	207,856
LOSS FROM OPERATIONS	(111,053)	(60,115)	(170,881)	(124,622)
OTHER INCOME (EXPENSE)
Miscellaneous income (expense)			28,823	833
Interest expense	(12,432)	(2,279)	(17,392)	(7,495)
Total other income (expense)	(12,432)	(2,279)	11,431	(6,662)
NET LOSS	$ (123,485)	$ (62,394)	$ (159,450)	$ (131,284)
PER SHARE INFORMATION
Net Loss Per Common Share	$ (0.004)	$ (0.002)	$ (0.005)	$ (0.004)
Weighted Average Number of Common Shares Outstanding	31,704,732	30,746,560	31,654,727	30,500,626

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Common Stock [Member]	Common Stock To Be Issued [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Oct. 31, 2019	$ 3,013		$ 10,404,438	$ (9,568,706)	$ 838,745
Beginning Balance, Shares at Oct. 31, 2019	30,116,560
Sale of stock	$ 30		48,970		49,000
Sale of stock,shares	300,000
Net loss				(68,890)	(68,890)
Ending balance, value at Jan. 31, 2020	$ 3,043		10,453,408	(9,637,596)	818,855
Ending Balance, Shares at Jan. 31, 2020	30,416,560
Sale of stock	$ 45	10,000	72,455		82,500
Sale of stock,shares	450,000
Net loss				(62,394)	(62,394)
Ending balance, value at Apr. 30, 2020	$ 3,088	10,000	10,525,863	(9,699,990)	838,961
Ending Balance, Shares at Apr. 30, 2020	30,866,560
Beginning balance, value at Oct. 31, 2020	$ 3,123		10,574,828	(9,730,028)	847,923
Beginning Balance, Shares at Oct. 31, 2020	31,211,560
Sale of stock	$ 10		24,990		25,000
Sale of stock,shares	100,000
Net loss				(35,965)	(35,965)
Ending balance, value at Jan. 31, 2021	$ 3,133		10,599,818	(9,765,993)	836,958
Ending Balance, Shares at Jan. 31, 2021	31,311,560
Sale of stock	$ 78		133,922		134,000
Sale of stock,shares	780,000
Net loss				(123,485)	(123,485)
Ending balance, value at Apr. 30, 2021	$ 3,211		$ 10,733,740	$ (9,889,478)	$ 847,473
Ending Balance, Shares at Apr. 30, 2021	32,091,560

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (159,450)	$ (131,284)
Adjustments to reconcile net loss to net cash used in operating activities:
Allowance for doubtful accounts		(4,550)
Common stock issued for services	64,000
Depreciation	16,654	16,654
Amortization of right of use asset	19,122	17,894
Increase (decrease) from changes in:
Accounts receivable	15,134	8,138
Inventory	2,660	1,835
Accounts payable	(60,558)	(36,929)
Accrued interest expense	1,270	(3,490)
Accrued expenses		1,729
Net cash used in operating activities	(101,168)	(130,003)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of stock	95,000	131,500
Proceeds from shareholder advances	200,000	68,670
Payments on lease liability	(19,122)	(21,896)
Payments on notes payable	(1,820)	(7,456)
Net cash provided by financing activities	274,058	170,818
Net decrease in cash	172,890	40,815
CASH, BEGINNING OF YEAR	48,009	34,525
CASH, END OF THE PERIOD	220,899	75,340
Supplemental disclosure of cash flow information:
Cash paid for interest	14,300	7,495
Cash paid for taxes

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Apr. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	NOTE 1. BASIS OF PRESENTATION In the opinion of management, the accompanying unaudited financial statements contain all adjustments necessary to present fairly Innovative Designs, Inc.’s financial position as of April 30, 2021, the changes therein for the three and six month periods then ended and the results of operations for the three and six month periods ended April 30, 2021 and 2020. The financial statements included in the Form 10-Q are presented in accordance with the requirements of the Form and do not include all of the disclosures required by accounting principles generally accepted in the United States of America. For additional information, reference is made to the Innovative Designs, Inc.’s annual report on Form 10-K for the fiscal year ended October 31, 2020. The results of operations for the three and six month periods ended April 30, 2021 and 2020 are not necessarily indicative of operating results for the full year.

RIGHT OF USE ASSETS AND LEASE L

RIGHT OF USE ASSETS AND LEASE LIABILITIES	6 Months Ended
	Apr. 30, 2021
Right Of Use Assets And Lease Liabilities
RIGHT OF USE ASSETS AND LEASE LIABILITIES	NOTE 2. RIGHT OF USE ASSETS AND LEASE LIABILITIES During the quarter ended April 30, 2019, the Company implemented Accounting Standards Update 2016-02, Leases. Under the new guidance, a lessee must be recorded a liability for lease payments (referred to as the lease liability) and an asset for the right to use the leased asset during the lease term (referred to at the right of use asset) for all leases, regardless of whether they are designated as finance or operating leases. This election requires the lessee to recognize lease expense on a straight-line basis over the lease term. The right of use assets and corresponding right of use liabilities have been recorded using the present value of the leases. See Notes 11 and 12 within the financial statement for additional disclosure on leases

GOING CONCERN

GOING CONCERN	6 Months Ended
	Apr. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3. GOING CONCERN These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company had a net loss of ($ 159,450 101,168 9,889,478

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	6 Months Ended
	Apr. 30, 2021
Receivables [Abstract]
ACCOUNTS RECEIVABLE	NOTE 4. ACCOUNTS RECEIVABLE Management evaluates its receivables on a quarterly basis to assess the validity of remaining receivables. Management has determined that there is significant doubt regarding the receivable balance over 90 days of $ 5,860

INVENTORY

INVENTORY	6 Months Ended
	Apr. 30, 2021
Inventory Disclosure [Abstract]
INVENTORY	NOTE 5. INVENTORY Inventory consists principally of purchased apparel inventory and House Wrap which is manufactured by the Company. Inventory is stated at the lower of cost or net realizable value on a first-in, first-out basis. The Company has decided to discontinue the selling of its hunting and swimming line of apparel. The Company has booked a reserve against apparel inventory at April 30, 2021 and October 31, 2020 of $ 75,468

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Apr. 30, 2021
PER SHARE INFORMATION
EARNINGS PER SHARE	NOTE 6. EARNINGS PER SHARE The Company calculates net income (loss) per share in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) Topic 260 “Earnings per Share”

INCOME TAXES

INCOME TAXES	6 Months Ended
	Apr. 30, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7. INCOME TAXES The Company accounts for income taxes in accordance with ASC Topic 740 “Income Taxes” Deferred income taxes are provided for differences between the tax bases of assets and liabilities and the financial reporting amounts at the end of the period, and for net operating loss and tax credit carryforwards available to offset future taxable income. Changes in enacted tax rates or laws result in adjustments to recorded deferred tax assets and liabilities in the periods in which the tax laws are enacted or tax rates are changed. The Company will continue to evaluate its income tax obligation throughout the year and will record a tax provision when it is necessary.

SHIPPING AND HANDLING COSTS

SHIPPING AND HANDLING COSTS	6 Months Ended
	Apr. 30, 2021
Shipping And Handling Costs
SHIPPING AND HANDLING COSTS	NOTE 8. SHIPPING AND HANDLING COSTS The Company pays shipping and handling costs on behalf of customers for purchased apparel merchandise. These costs are billed back to the customer through the billing invoice. The shipping and handling costs associated with merchandise ordered by the Company are included as part of inventory as these costs are allocated across the merchandise received. With House Wrap orders, the customer pays the shipping cost. The shipping and handling costs associated with customer orders was approximately $ 6,300 4,400

COMMON STOCK

COMMON STOCK	6 Months Ended
	Apr. 30, 2021
Equity [Abstract]
COMMON STOCK	NOTE 9. COMMON STOCK During the six month period ended April 30, 2021, the Company issued 880,000 159,000 0.12 0.25 During the six month period ended April 30, 2020, the Company issued 850,000 131,500 0.125 0.20

DEPOSITS ON EQUIPMENT

DEPOSITS ON EQUIPMENT	6 Months Ended
	Apr. 30, 2021
Deposits On Equipment
DEPOSITS ON EQUIPMENT	NOTE 10. DEPOSITS ON EQUIPMENT On July 12, 2015 the Company reached an agreement with Ketut Jaya to purchase the machinery and equipment utilized to produce the INSULTEX material. The purchase price is $ 700,000 300,000 200,000 100,000 100,000 500,000 100,000 17,000 17,000

RIGHT OF USE ASSETS

RIGHT OF USE ASSETS	6 Months Ended
	Apr. 30, 2021
Right Of Use Assets
RIGHT OF USE ASSETS	NOTE 11. RIGHT OF USE ASSETS The Company entered into a month to month verbal lease at the time the Company was formed that is classified as right of use asset and lease liability. The lease for the Company’s office space is estimated to be through June 2022. In accordance with ASU 2016-02, the Company calculated the present value of the leases using the average commercial real estate interest rate of 5.50 150,496 As of April 30, 2021, the right of use assets associated with future operating lease is as follows: Right of use assets associated with future operating leases Total present value of right of use asset under lease agreement $ 150,496 Amortization of right of use asset (89,881 ) Total right of use asset as of April 30, 2021 $ 60,615 Less current portion due within one year 39,853 Long-term right of use asset $ 20,762 Total amortization expense related to the right of use assets under the verbal lease agreement was $ 19,122 17,894 Future amortization of the right of use asset as of April 30, 2021 is as follows: Future amortization of right of use assets 2021 $ 39,853 2022 20,762 Right of use asset $ 60,615

RIGHT OF USE LEASE LIABILITY

RIGHT OF USE LEASE LIABILITY	6 Months Ended
	Apr. 30, 2021
Right Of Use Lease Liability
RIGHT OF USE LEASE LIABILITY	NOTE 12. RIGHT OF USE LEASE LIABILITY As disclosed in Note 11, the Company entered into a verbal lease for office space prior to the quarter ended April 30, 2021 that is classified as a right of use asset and lease liability. As of April 30, 2021, the lease liability associated with future payments due under the verbal lease is as follows: Schedule of future minimum lease payments Total future minimum lease payments $ 115,500 Less present value discount 54,885 Total right of use lease liability as of April 30, 2021 60,615 Less current portion due within one year 39,853 Long-term right of use liability $ 20,762 Total maturities of lease liability as of April 30, 2021 are as follows: Schedule of maturities of lease liabilities Total future minimum lease payments Present value discount Right of use lease liability 2021 $ 42,000 $ 2,147 $ 39,853 2022 21,000 238 20,762 $ 63,000 $ 2,385 $ 60,615

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Apr. 30, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 13. SEGMENT INFORMATION We have organized our operations into two 2 The following tables present our business segment information for the six month periods ended April 30, 2021 and 2020: Schedule of business segment information 2021 2020 Revenues: Apparel $ 49,163 $ 46,368 House Wrap 16,750 36,866 Total Revenues $ 65,913 $ 83,234 Assets: Apparel $ 135,860 $ 460,916 House Wrap 1,440,233 1,108,437 Total $ 1,576,093 $ 1,569,353 Depreciation: Apparel $ 4,744 $ 4,744 House Wrap 11,910 11,910 Total $ 16,654 $ 16,654

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	6 Months Ended
	Apr. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
LEGAL PROCEEDINGS	NOTE 14. LEGAL PROCEEDINGS On November 4, 2016, the FTC filed a complaint against the Company in the U.S. District Court Western District of Pennsylvania, Case number 16-1669. In the complaint, the FTC alleges that, among other matters, the Company did not have substantiation of claims made by the Company regarding the R value and energy efficiency of its INSULTEX House Wrap products. The complaint asks as to redress a rescission of revenue the Company received from the sale of House Wrap and a permanent injunction. On September 24, 2020, a judgment was entered in favor of the Company as to all claims set forth in the FTC complaint. It was further ordered that as there were no remaining claims in the action the case shall be marked as closed. On November 23, 2020, the Company was informed that the FTC had filed a notice of appeal in regard to the case. The appeal is from the District Court’s September 24, 2020, Order granting the Company’s Motion for Judgment on Partial Findings Pursuant to Fed. R. Civ. P. 52(c) and subsequent Judgment in favor of the Company and from the District Court’s February 14, 2020, striking Dr. David Yarbrough’s expert testimony made on behalf of the FTC. The FTC filed its appeal and on March 24, 2021, the Company filed its answer. On July 22, 2021, the Registrant was informed that the United States Court of Appeals for the Third District affirmed the District Court’s ruling in favor of the Registrant. The ruling was in connection with the Federal Trade Commission complaint filed against the Registrant in November 2016, alleging, among other matters, that the Registrant did not have substantiation for claims made by the Registrant regarding the R-value and energy efficiency of its INSULTIX House Wrap products.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Apr. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 15. SUBSEQUENT EVENTS The Company has evaluated subsequent events in accordance with ASC Topic 855, “ Subsequent Events In June 2021, the Company’s PPP Loan was forgiven by the Small Business Administration. The Company will recognized $ 33,652

RIGHT OF USE ASSETS (Tables)

RIGHT OF USE ASSETS (Tables)	6 Months Ended
	Apr. 30, 2021
Right Of Use Assets
Right of use assets associated with future operating leases	Right of use assets associated with future operating leases Total present value of right of use asset under lease agreement $ 150,496 Amortization of right of use asset (89,881 ) Total right of use asset as of April 30, 2021 $ 60,615 Less current portion due within one year 39,853 Long-term right of use asset $ 20,762
Future amortization of right of use assets	Future amortization of right of use assets 2021 $ 39,853 2022 20,762 Right of use asset $ 60,615

RIGHT OF USE LEASE LIABILITY (T

RIGHT OF USE LEASE LIABILITY (Tables)	6 Months Ended
	Apr. 30, 2021
Right Of Use Lease Liability
Schedule of future minimum lease payments	Schedule of future minimum lease payments Total future minimum lease payments $ 115,500 Less present value discount 54,885 Total right of use lease liability as of April 30, 2021 60,615 Less current portion due within one year 39,853 Long-term right of use liability $ 20,762
Schedule of maturities of lease liabilities	Schedule of maturities of lease liabilities Total future minimum lease payments Present value discount Right of use lease liability 2021 $ 42,000 $ 2,147 $ 39,853 2022 21,000 238 20,762 $ 63,000 $ 2,385 $ 60,615

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Apr. 30, 2021
Segment Reporting [Abstract]
Schedule of business segment information	Schedule of business segment information 2021 2020 Revenues: Apparel $ 49,163 $ 46,368 House Wrap 16,750 36,866 Total Revenues $ 65,913 $ 83,234 Assets: Apparel $ 135,860 $ 460,916 House Wrap 1,440,233 1,108,437 Total $ 1,576,093 $ 1,569,353 Depreciation: Apparel $ 4,744 $ 4,744 House Wrap 11,910 11,910 Total $ 16,654 $ 16,654

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 123,485	$ 62,394	$ 159,450	$ 131,284
Net Cash Provided by (Used in) Operating Activities			101,168	$ 130,003
Accumulated deficit	$ 9,889,478		$ 9,889,478		$ 9,730,028

ACCOUNTS RECEIVABLE (Details Na

ACCOUNTS RECEIVABLE (Details Narrative) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Receivables [Abstract]
Allowance for doubtful accounts	$ 5,860	$ 5,860

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Inventory Disclosure [Abstract]
Inventory Valuation Reserves	$ 75,468	$ 75,468

SHIPPING AND HANDLING COSTS (De

SHIPPING AND HANDLING COSTS (Details Narrative) - USD ($)	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Shipping And Handling Costs
Shipping and handling costs	$ 6,300	$ 4,400

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Proceeds from Issuance of Common Stock	$ 95,000	$ 131,500
One Individual [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of shares issued during the period	880,000	850,000
Proceeds from Issuance of Common Stock	$ 159,000	$ 131,500
Nine Investors [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Share price (in dollars per share)	$ 0.12	$ 0.125
Nine Investors [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Share price (in dollars per share)	$ 0.25	$ 0.20

DEPOSITS ON EQUIPMENT (Details

DEPOSITS ON EQUIPMENT (Details Narrative) - USD ($)	Jul. 12, 2015	Apr. 30, 2021	Apr. 30, 2019
Deposits On Equipment
Description of assets contract	The purchase price is $700,000 which was to be paid in four installments. The first installment of $300,000 was to be paid at the execution of the agreement. The second installment of $200,000 was to be paid when the machinery and equipment is ready to be shipped to the United States. The third installment of $100,000 is to be paid once the machinery and equipment is producing INSULTEX, and the fourth and final installment of $100,000 is to be made after the first commercial production run of INSULTEX is completed
Purchase price of equipment	$ 700,000
First installment for equipment	300,000
Second installment for equipment	200,000
Third installment for equipment	100,000
Fourth installment for equipment	$ 100,000
Deposits on equipment		$ 500,000
Advanced payment on machine		100,000
Shipping, site improvements and installation of the equipment expenses		$ 17,000
Loss on impairment			$ 17,000

RIGHT OF USE ASSETS (Details)

RIGHT OF USE ASSETS (Details) - USD ($)	6 Months Ended
	Apr. 30, 2021	Oct. 31, 2020
Right Of Use Assets
Total present value of right of use assets under lease agreements	$ 150,496
Amortization of right of use assets	(89,881)
Total right of use assets	60,615
Less current portion due within one year	39,853	$ 38,775
Long-term right of use asset	$ 20,762

RIGHT OF USE ASSETS (Details 1)

RIGHT OF USE ASSETS (Details 1)	Apr. 30, 2021USD ($)
Right Of Use Assets
2021	$ 39,853
2022	20,762
Right of use asset	$ 60,615

RIGHT OF USE ASSETS (Details Na

RIGHT OF USE ASSETS (Details Narrative) - USD ($)	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Right Of Use Assets
Average commercial real estate interest rate	5.50%
Total present value of right of use assets under lease agreements	$ 150,496
Amortization Expense	$ 19,122	$ 17,894

RIGHT OF USE LEASE LIABILITY (D

RIGHT OF USE LEASE LIABILITY (Details) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Right Of Use Lease Liability
Total future minimum lease payments	$ 115,500
Less present value discount	54,885
Total right of use lease liability as of April 30, 2021	60,615
Less current portion due within one year	39,853	$ 38,775
Long-term right of use liability	$ 20,762	$ 40,962

RIGHT OF USE LEASE LIABILITY _2

RIGHT OF USE LEASE LIABILITY (Details 1)	Apr. 30, 2021USD ($)
Right Of Use Lease Liability
2021	$ 42,000
2021	2,147
2021	39,853
2022	21,000
2022	238
2022	20,762
Total future minimum lease payments	63,000
Present value discount	2,385
Right of use lease liablilties	$ 60,615

SEGMENT INFORMATION (Details

SEGMENT INFORMATION (Details - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Segment Reporting Information [Line Items]
Total Revenues	$ 25,896	$ 35,808	$ 65,913	$ 83,234
Capital Expenditures			1,576,093	1,569,353
Depreciation			16,654	16,654
Apparel Segment [Member]
Segment Reporting Information [Line Items]
Total Revenues			49,163	46,368
Capital Expenditures			135,860	460,916
Depreciation			4,744	4,744
Housewrap Segment [Member]
Segment Reporting Information [Line Items]
Total Revenues			16,750	36,866
Capital Expenditures			1,440,233	1,108,437
Depreciation			$ 11,910	$ 11,910

SEGMENT INFORMATION (Details Na

SEGMENT INFORMATION (Details Narrative)	6 Months Ended
	Apr. 30, 2021Integers
Segment Reporting [Abstract]
Number of reportable segments	2

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)	1 Months Ended
	Jun. 30, 2021USD ($)
Subsequent Event [Member] | P P P Loan [Member]
Subsequent Event [Line Items]
Income from forgivness of debt	$ 33,652