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Accounts Payable and Accrued Expenses:
6 Months Ended 12 Months Ended
Jan. 31, 2013
Jul. 31, 2012
Payables and Accruals [Abstract]    
Accounts Payable and Accrued Liabilities Disclosure [Text Block]

Note 5 – Accounts Payable and Accrued Expenses:

 

Accounts payable and accrued expenses consist of the following:

  January 31, 2013  July 31, 2012 
Accounts Payable & Accruals – General and Administrative $3,716,106  $3,556,160 
Accounts Payable & Accruals – Research and Development  3,055,890   2,691,192 
Accounts Payable & Accruals – Selling and Marketing  315,846   290,534 
Accrued Make-whole Payments on Convertible Preferred Stock (see Note 10)  202,500   402,300 
Executive Compensation and Directors’ Fees Payable  376,919   75,466 
Total $7,667,261  $7,015,652 

Note 7 - Accounts Payable and Accrued Expenses:

Accounts payable and accrued expenses consist of the following:

  July 31, 
  2012  2011 
       
Accounts Payable & Accruals – General and Administrative $3,556,160  $4,805,091 
Accounts Payable & Accruals – Research and Development  2,691,192   2,151,333 
Accounts Payable & Accruals – Selling and Marketing  290,534   434,265 
Accrued Make Whole Payments on Convertible Preferred Stock (see Note 11)  402,300   347,490 
Executive Compensation and Directors’ Fees Payable  75,466    
Total $7,015,652  $7,738,179