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LOSS PER SHARE (Tables)
6 Months Ended
Jan. 31, 2017
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 January 31,
 
 
Six Months Ended January 31,
 
 
 
2017
 
 
2016
 
 
2017
 
 
2016
 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Loss for the Period
 
$
(4,332,369)
 
 
$
(4,801,505)
 
 
$
(8,585,063)
 
 
$
(9,873,539)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted Average Number of Shares
 
 
119,891,769
 
 
 
99,644,030
 
 
 
118,495,845
 
 
 
99,105,173
 
Dilutive Stock Options and Warrants
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Diluted Weighted Average Number of Shares
 
 
119,891,769
 
 
 
99,644,030
 
 
 
118,495,845
 
 
 
99,105,173
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Loss per Share, Basic and Diluted
 
$
(0.04)
 
 
$
(0.05)
 
 
$
(0.07)
 
 
$
(0.10)