Income Taxes (Tables)

12 Months Ended

Jul. 31, 2014

Income Tax Disclosure [Abstract]

Deferred income taxes

		July 31,
		2014		2013
Net operating loss carryforwards	$	90,515,261	$	87,541,552
Other temporary differences		299,010		800,989
Intangible assets		291,002		--
Total Deferred Tax Assets		91,105,273		88,342,541
Valuation Allowance		(91,105,273)		(88,089,860)
Deferred Tax Liabilities
Intangible assets		--		(386,320)
Other temporary differences		--		142,639
Total Deferred Tax Liabilities		--		(243,681)
Net Deferred Income Taxes	$	--	$	--

Reconciliation of effective tax rate

	2014		2013		2012
Federal statutory rate	(34.0)	%	(34.0)	%	(34.0)	%
Increase (decrease) in income taxes resulting from:
Imputed interest income on intercompany receivables from foreign subsidiaries	4,037		6.0		5.0
Non-deductible or non-taxable items	(111,569)		13.0		4.0
Other temporary differences	(84,061)		(14.0)		18.0
Change in valuation allowance	191,627		29.0		(3.0)
Effective tax rate	--	%	--	%	--	%