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LOSS PER SHARE
 3 Months Ended
Oct. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 13:
LOSS PER SHARE
 
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,
 
 
 
2018
 
 
2017
 
Numerator
 
 
 
 
 
 
 
 
Net Loss for the Period
 
$
(3,451,426
)
 
$
(4,555,840
)
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Basic Weighted Average Number of Shares
 
 
166,397,293
 
 
 
154,133,517
 
Dilutive Stock Options and Warrants
 
 
-
 
 
 
-
 
Diluted Weighted Average Number of Shares
 
 
166,397,293
 
 
 
154,133,517
 
 
 
 
 
 
 
 
 
 
Net Loss per Share, Basic and Diluted
 
$
(0.02
)
 
$
(0.03
)
 
For the three months ended October 31, 2018 and 2017, all outstanding stock options and share purchase warrants were excluded from the calculation of the diluted loss per share since we reported net losses for those periods and their effects would be anti-dilutive.