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Stockholders’ Deficiency (Tables)
3 Months Ended
Oct. 31, 2013
Equity [Abstract]  
Stockholders’ deficiency transactions

 

       Additional   Change to 
   Common Stock   Paid-In   Stockholders 
   Shares   Amount   Capital   Equity 
                 
Issuance of common stock on conversion of convertible preferred stock   18,666,665   $18,667   $(18,667)  $0 
Issuance of common stock as make-whole payments on convertible preferred stock   5,201,739    5,202    145,998    151,200 
Issuance of common stock for services   616,667    617    37,883    38,500 
Issuance of common stock as employee compensation   4,333,333    4,333    125,667    130,000 
Issuance of common stock for cash warrant exercises   2,166,666    2,166    110,676    112,842 
Issuance of options in lieu of deferred salary           257,505    257,505 
Amortization of stock options as employee compensation           5,365    5,365 
Total   30,985,070   $30,985   $664,427   $$ 695,412 

 

Summary of warrants issued, forfeited or expired and exercised
    Warrants  
Outstanding, August 1, 2013     238,229,939  
Less: Exercised     2,166,666  
Outstanding, October 31, 2013     236,063,273  
Accounting allocation of initial proceeds
  Accounting allocation of initial proceeds    
  Net proceeds   $ 1,165,000  
  Derivative warrant liability fair value     (1,189,744 )
  Derivative additional investment rights fair value     (1,264,683 )
  Make whole payments liability     (330,750 )
  Deemed dividend   $ (1,620,177 )