XML 14 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Operating Expenses:    
Research and development $ 177,570 $ 408,296
General and administrative (Note 4) 1,140,009 172,334
Total Operating Expenses 1,317,579 580,630
Operating Loss $ (1,317,579) (580,630)
Other Income/(Expense):    
Interest income 9
Interest expense $ (97,723) (81,734)
Change in fair value of derivative liabilities (Note 8) (315,963) 711,978
Net (Loss) / Income $ (1,731,265) $ 49,623
Net (Loss) Income per Common Share (Note 6) - Basic $ (0.002) $ 0.0001
Net (Loss) Income per Common Share - Diluted $ (0.002) $ 0.0001
Basic Shares Used to Compute (Loss) / Income per Share (Note 6) 850,126,309 779,964,709
Diluted Shares Used to Compute (Loss) / Income per Share (Note 6) 850,126,309 811,211,437
Other Comprehensive (Loss) / Income    
Net (Loss) / Income $ (1,731,265) $ 49,623
Change in foreign currency translation adjustments (2,936) 3,518
Comprehensive (Loss) / Income $ (1,734,201) $ 53,141