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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended 198 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Revenues, net $ 7,012 $ 65,583 $ 21,901 $ 269,086 $ 5,104,034
Cost of Goods Sold 2,230 55,482 9,122 143,360 1,618,388
Gross profit 4,782 10,101 12,779 125,726 3,485,646
Operating Expenses:          
Research and development 1,127,047 1,754,325 3,835,715 7,859,382 130,824,443
Research and development - related party 0 0 0 0 220,218
Selling and marketing 18,258 207,848 167,316 806,798 9,335,355
General and administrative 1,325,747 3,109,887 3,732,027 10,262,883 146,645,004
General and administrative - related party 0 0 0 0 314,328
Total Operating Expenses 2,471,052 5,072,060 7,735,058 18,929,063 287,339,348
Operating Loss (2,466,270) (5,061,959) (7,722,279) (18,803,337) (283,853,702)
Other Income/(Expense):          
Miscellaneous income 0 0 0 488,959 686,303
Income from assets held for investment, net (Note 13) 1,148,526 70,450 1,928,850 236,732 4,056,891
Interest income 450 1,154 1,215 5,985 7,781,589
Interest expense (423,674) (52,301) (518,506) (153,385) (68,934,663)
Change in fair value of derivative liabilities (Note 11) 2,608,825 925,703 (1,603,720) 1,993,920 (1,238,257)
Loss on extinguishment of debt 0 0 0 0 (14,134,069)
Net (Loss)/Income Before Undernoted 867,857 (4,116,953) (7,914,440) (16,231,126) (355,635,907)
Minority Interest Share of Loss 0 0 0 0 3,038,185
Net (Loss) /Income 867,857 (4,116,953) (7,914,440) (16,231,126) (352,597,722)
Preferred Stock Dividend 376,746 0 376,746 0 3,438,220
Net (Loss)/Income Available to Common Stockholders $ 491,111 $ (4,116,953) $ (8,291,186) $ (16,231,126) $ (356,035,942)
Net (Loss)/Income Per Common Share (Note 9)          
Basic (in dollars per share) $ 0.003 $ (0.010) $ (0.024) $ (0.060)  
Diluted (in dollars per share) $ 0.003 $ (0.010) $ (0.024) $ (0.060)  
Shares Used to Compute (Loss)/Earnings per Share (Note 9)          
Basic (in shares) 345,539,723 292,370,915 326,340,807 279,968,884  
Diluted (in shares) 345,543,799 292,370,915 326,340,807 279,968,884