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Derivative Liability (Tables)
9 Months Ended
Apr. 30, 2013
Derivative Liability [Abstract]  
Schedule of Derivative Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

April 30, 2013

 

July 31, 2012

Volatility

90.0 

%

 

85.0 

%

Risk-free interest rate

0.68 

%

 

0.53 

%

Dividend yield

0.0 

%

 

0.0 

%

Expected life

3.7 years

 

 

0.42 - 4.4 years