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Fair Value Of Financial Instruments (Tables)
3 Months Ended
Oct. 31, 2012
Fair Value Of Financial Instruments [Abstract]  
Schedule of Derivative Liabilities at Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Conversion

 

 

 

 

Warrant

 

Feature

 

 

 

 

Liability

 

Liability

 

Total

Beginning balance July 31, 2012

$

286,000 

 

$

33,000 

 

$

319,000 

Issuances

 

 

 

 

 

Settlement of conversion feature liability

 

 

 

(33,000)

 

 

(33,000)

Adjustments to estimated fair value

 

(195,000)

 

 

 

 

(195,000)

Ending balance October 31, 2012

$

91,000 

 

$

 

$

91,000