Series A, B, C, D, E & F 9% Convertible Preferred Stock (Tables)

3 Months Ended

12 Months Ended

Jan. 31, 2014

Series E Convertible Preferred Stock

Jul. 31, 2013

Series E Convertible Preferred Stock

Jul. 31, 2014

Series F Convertible Preferred Stock

Fair value of Accounting allocation of initial proceeds

Accounting allocation of initial proceeds
Net proceeds	$	750,000
Derivative warrant liability fair value		(942,279)
Other issuance costs (Finders’ fee)		(64,000)
Make whole payments liability		(216,000)
Deemed dividend	$	(472,279)

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)

Accounting allocation of initial proceeds
Net proceeds	$	2,020,000
Derivative warrant liability fair value		(2,016,064)
Derivative additional investment rights fair value		(863,735)
Other issuance costs (Finders’ fee)		(166,000)
Make whole payments liability		(560,250)
Deemed dividend	$	(1,586,050)