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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2017
Apr. 30, 2016
Operating Expenses:        
Research and development $ 187,786 $ 71,028 $ 263,426 $ 316,226
General and administrative 346,222 73,270 589,127 1,303,182
Total Operating Expenses 534,008 144,298 852,553 1,619,408
Operating Loss (534,008) (144,298) (852,553) (1,619,408)
Other Income/(Expense):        
Interest expense (186,463) (106,855) (429,971) (306,768)
Changes in fair value of contingent purchase consideration (49,537,836) (49,537,836)
Impairment of goodwill (14,335,822)
Change in fair value of derivative liabilities (Note 8) 1,034,991 1,169,514 709,917 1,065,880
Net (Loss) (49,223,316) 918,361 (64,446,265) (860,293)
Net (loss) attributable to noncontrolling interests (7,132,015) (7,159,298)
Net (Loss) Available to Common Stockholders $ (42,091,301) $ 918,361 $ (57,286,967) $ (860,293)
Net (Loss) Per Common Share - Basic and Diluted $ (39.85) $ 1.02 $ (59.67) $ (0.99)
Shares Used to Compute (Loss) per Share - basic 1,056,343 900,057 960,054 873,309
Shares Used to Compute (Loss) per Share - diluted 1,056,343 900,133 960,054 873,309
Other Comprehensive Income        
Net (Loss) $ (42,091,301) $ 918,361 $ (57,286,967) $ (860,293)
Change in foreign currency translation adjustments 5,560 (15,695) 14,073 (20,782)
Comprehensive Income (Loss) and Comprehensive Income (Loss) Available to Common Stockholders $ (42,085,741) $ 902,666 $ (57,272,894) $ (881,075)