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Derivative Liability (Tables)
3 Months Ended
Oct. 31, 2012
Derivative Liability [Abstract]  
Schedule of Derivative Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2012

 

July 31, 2012

Volatility

85.0 

%

 

85.0 

%

Risk-free interest rate

0.72 

%

 

0.53 

%

Dividend yield

0.0 

%

 

0.0 

%

Expected life

4.2 years

 

 

0.42 - 4.4 years