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INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended 210 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Revenues, net $ 0 $ 7,012 $ 0 $ 21,901 $ 5,110,784
Cost of Goods Sold 0 2,230 0 9,122 1,620,375
Gross profit 0 4,782 0 12,779 3,490,409
Operating Expenses:          
Research and development 478,110 1,127,047 1,631,987 3,835,715 133,607,951
Research and development - related party 0 0 0 0 220,218
Selling and marketing 0 18,258 0 167,316 9,333,214
General and administrative 955,530 1,325,747 3,032,464 3,732,027 150,834,620
General and administrative - related party 0 0 0 0 314,328
Total Operating Expenses 1,433,640 2,471,052 4,664,451 7,735,058 294,310,331
Operating Loss (1,433,640) (2,466,270) (4,664,451) (7,722,279) (290,819,922)
Other Income (Expense):          
Miscellaneous income 0 0 0 0 686,304
Income from assets held for investment, net (Note 11) 126,701 1,148,526 1,210,567 1,928,850 5,544,824
Interest income 22 450 329 1,215 7,782,221
Interest expense (86,421) (423,674) (453,677) (518,506) (69,462,359)
Change in fair value of derivative liabilities (Note 10) 2,690,786 2,608,825 (1,092,504) (1,603,720) (1,808,481) [1]
Loss on extinguishment of debt 0 0 0 0 (14,134,068)
Net (Loss)/Income Before Undernoted 1,297,448 867,857 (4,999,736) (7,914,440) (362,211,481)
Minority Interest Share of Loss 0 0 0 0 3,038,185
Net (Loss)/Income 1,297,448 867,857 (4,999,736) (7,914,440) (359,173,296)
Preferred Stock Dividend (Note 9) 0 376,746 102,297 376,746 3,540,517
Net (Loss)/Income Available to Common Stockholders $ 1,297,448 $ 491,111 $ (5,102,033) $ (8,291,186) $ (362,713,813)
Net (Loss)/Income Per Common Share (Note 8)          
Basic (in dollars per share) $ 0.003 $ 0.003 $ (0.012) $ (0.024)  
Diluted (in dollars per share) $ 0.002 $ 0.003 $ (0.012) $ (0.024)  
Shares Used to Compute (Loss)/Earnings per Share (Note 8)          
Basic (in shares) 491,220,657 345,539,723 413,135,599 326,340,807  
Diluted (in shares) 713,150,718 345,543,799 413,135,599 326,340,807  
[1] includes $5,981,403 as adjustment related to the adoption of FASB ASC Topic 815 in "Cumulative from November 2, 1995 (Date of Inception) to April 30, 2013" column. See Note 11 - Derivative Liabilities.