LONG-TERM DEBT (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Jul. 31, 2015
Debt Instrument [Line Items]
Amortization of Debt Discount (Premium)	$ 277,417	$ 336,362	$ 960,807	$ 994,668
Stock Issued During Period, Value, Other			1,700,000
Long-term Debt, Gross	$ 20,000,000		$ 20,000,000		$ 20,000,000
Debt Instrument, Frequency of Periodic Payment	monthly
Rate of Second Extension Anniversary Fee Payable In Second Year	4.50%
Rate of Second Extension Anniversary Fee Payable In Next Twelve Months	5.50%
Percentage of Discount on Volume Weighted Average Price	10.00%
Rate of Second Extension Anniversary Fee Payable In Third Year	4.50%
Stock Purchase Warrants Expiration Date	Jul. 30, 2018
Stock Purchase Warrants Extended Expiration Date	Jan. 30, 2020
Working Capital Ratio	1:1
Debt Instrument, Interest Rate, Effective Percentage	14.28%		14.28%
Debt Instrument, Maturity Date, Description	extension of the maturity date from July 31, 2017 to January 1, 2020
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	2,600,000		2,600,000
Warrant Description	one and a half years from July 30, 2018 to January 30, 2020, subject to accelerated exercise whereby, upon notification by the Company, the warrant holders will have 30 days to exercise their warrants should the ten trading-day volume-weighted average price of the Companys shares equal or exceed $2.70;
Debt Instrument, Interest Rate During Period	8.00%
Stock Issued, Value, Issued for Second Extension Fees	$ 800,000
Stock Issued, Shares, Issued for Second Extension Fees	959,613
Second Extension Fees, Percentage	4.00%		4.00%
Adjustments to Additional Paid in Capital, Warrant Issued	$ 104,915		$ 104,915
Maximum [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 2.50		$ 2.50
Minimum [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 1.35		$ 1.35
Secured Debt [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 20,000,000		$ 20,000,000
Restricted Stock [Member]
Debt Instrument [Line Items]
Stock Issued During Period, Shares, Other			752,320
Stock Issued During Period, Value, Other			$ 900,000