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STOCK BASED COMPENSATION (Details) - Stock options granted not under 2003 Share Plan and 2010 Share Plan - Jul. 31, 2015 - Stock Options Not Granted Under 2003 Share Plan Or 2010 Share Plan [Member] - USD ($)
Total
STOCK BASED COMPENSATION (Details) - Stock options granted not under 2003 Share Plan and 2010 Share Plan [Line Items]  
Options Outstanding, Shares 1,780,000
Options Outstanding, Weighted Average Exercise Price Per Share $ 2.69
Options Outstanding, Aggregate Intrinsic Value $ 3,958,650
Options Exercisable at July 31, 2015 1,689,179
Options Exercisable at July 31, 2015 $ 2.69
Options Exercisable at July 31, 2015 $ 3,748,399