Accounts Payable and Accrued Expenses (Tables)

6 Months Ended

Jan. 31, 2015

Payables and Accruals [Abstract]

Accounts payable and accrues expenses

	January 31, 2015		July 31, 2014
Accounts Payable and Accruals – General and Administrative	$	3,126,199	$	3,208,069
Accounts Payable and Accruals – Research and Development		3,591,645		3,955,543
Accounts Payable and Accruals – Selling and Marketing		326,356		3,955,543
Accrued Make-whole Payments on Convertible Preferred Stock (see Note 8)		278,978		337,500
Executive Compensation and Directors’ Fees Payable		210,991		205,943
Total	$	7,534,169	$	8,034,122