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Derivative Liability (Tables)
12 Months Ended
Jul. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

June 26, 2012

 

July 31, 2012

Volatility

85.0 

%

 

85.0 

%

Risk-free interest rate

0.53 

%

 

0.53 

%

Dividend yield

0.0 

%

 

0.0 

%

Expected life

0.50 - 4.5 years

 

 

0.42 - 4.4 years