Supplemental Disclosure of Cash Flow Information:

12 Months Ended

Jul. 31, 2011

Supplemental Cash Flow Elements [Abstract]

Cash Flow, Supplemental Disclosures [Text Block]

Note 18 - Supplemental Disclosure of Cash Flow Information:

	For the Years Ended July 31,
	2011		2010		2009
Cash paid during the year for:
Interest	$	208,906	$	210,082	$	1,075,889
Income taxes	$	—	$	—	$	—

Disclosure of non-cash investing and financing activities:

Year Ended July 31, 2011
Issuance of common stock as payment of dividends on preferred stock	$	347,760
Issuance of common stock as satisfaction of accounts payable and accrued expenses	$	1,110,867
Year Ended July 31, 2010
Issuance of common stock in satisfaction of accounts payable and accrued expenses	$	3,012,595
Par value of common stock issued in conjunction with cashless exercise of warrants	$	7,636
Year Ended July 31, 2009
Issuance of common stock as repayment of convertible debentures	$	16,112,399
Par value of common stock issued in conjunction with cashless exercise of warrants	$	9,909
Purchase of property and equipment through the issuance of obligations under capital lease	$	83,002
Issuance of common stock as satisfaction of accounts payable and accrued expenses	$	438,697