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Stockholders' (Deficiency)/Equity (Tables)
12 Months Ended
Jul. 31, 2012
Equity [Abstract]  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

As of July 31, 2012, the Company has the following warrants to purchase common stock outstanding:

 

Number of Shares

 

 

Warrant Exercise

 

 

Warrant

To be Purchased

 

 

Price per Share

 

 

Expiration Date

 

 

 

 

 

 

 

 

50,000

 

 

$

0.94

 

 

March 9, 2013

 

125,000

 

 

$

3.75

 

 

March 26, 2013

 

8,844,926

 

 

$

0.76

 

 

December 15, 2014

 

3,572,971

 

 

$

0.79

 

 

February 4, 2015

 

300,000

 

 

$

0.39

(average)

 

February 9, 2015

 

200,000

 

 

$

1.25

 

 

March 7, 2015

 

6,022,651

 

 

$

1.00

 

 

March 15, 2015

 

4,000,000

 

 

$

0.15

 

 

January 16, 2016*

 

29,027,322

 

 

$

0.15

 

 

March 31, 2016*

 

3,333,331

 

 

$

0.15

 

 

July 11, 2016*

 

5,454,544

 

 

$

0.15

 

 

September 30, 2016*

 

13,333,333

 

 

$

0.15

 

 

February 1, 2017*

 

74,264,078

 

 

 

 

 

 

 

 

* Subject to price protection provisions as described below.