Accounts Payable and Accrued Expenses (Tables)

3 Months Ended

Oct. 31, 2015

Payables and Accruals [Abstract]

Accounts payable and accrues expenses

Accounts payable and accrued expenses consist of the following:

	October 31, 2015		July 31, 2015
Accounts Payable and Accruals - General and Administrative	$	3,746,467	$	3,156,951
Accounts Payable and Accruals - Research and Development		3,81,099		3,861,902
Accounts Payable and Accruals - Selling and Marketing		326,218		326,250
Accrued Make-whole Payments on Convertible Preferred Stock (see Note 7)		202,500		315,900
Executive Compensation and Directors' Fees Payable		282,301		357,330
Total	$	8,583,585	$	8,018,333