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Stockholders' Deficiency (Tables)
3 Months Ended
Oct. 31, 2012
Schedule of Stockholders Equity [Table Text Block]

The stockholders’ deficiency transactions as described above are summarized below:

 

                Additional     Change to  
    Common Stock     Paid-In     Stockholders’  
    Shares     Amount     Capital     Equity  
                         
Issuance of common stock on conversion of convertible preferred stock     8,727,498     $ 8,727     $ (8,727 )   $  
Issuance of common stock as make whole payments on convertible preferred stock     6,005,443       6,005       182,509       188,514  
Issuance of common stock for services     1,366,666       1,367       112,883       114,250  
Amortization of stock options as employee compensation                 9,993       9,993  
Total     16,099,607     $ 16,099     $ 296,658     $ 312,757  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

Warrants

The following is a summary of warrants issued, forfeited or expired and exercised for the three months ended October 31, 2012:

  Warrants 
Outstanding, August 1, 2012  74,264,078 
Issued  57,629,955 
Outstanding, October 31, 2012  131,894,033 
Series B Convertible Preferred Stock [Member]
 
Schedule of Servicing Liabilities at Fair Value [Table Text Block]

The fair values assigned to each component and the calculation of the amount of the deemed dividend are as follows:

 

Accounting allocation of initial proceeds   
Net proceeds $1,975,000 
Derivative warrant liability fair value  (1,811,746)
Make whole payments liability  (540,000)
Deemed dividend $(376,746)
Series C Convertible Preferred Stock [Member]
 
Schedule of Servicing Liabilities at Fair Value [Table Text Block]

The fair values assigned to each component and the calculation of the amount of the deemed dividend are as follows:

  

Accounting allocation of initial proceeds   
Net proceeds $725,000 
Derivative warrant liability fair value  (624,797)
Make whole payments liability  (202,500)
Deemed dividend $(102,297)