LOSS PER SHARE (Tables)

3 Months Ended

Oct. 31, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table reconciles the weighted average number of shares used in the calculation of the basic and diluted loss per share:

	Three Months Ended October 31,
	2016		2015
Numerator
Net Loss for the Period	$	(4,252,694)	$	(5,072,034)
Denominator
Basic Weighted Average Number of Shares		117,099,921		98,566,315
Dilutive Stock Options and Warrants		-		-
Diluted Weighted Average Number of Shares		117,099,921		98,566,315
Net Loss per Share, Basic and Diluted	$	(0.04)	$	(0.05)