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Fair Value Of Financial Instruments (Tables)
6 Months Ended
Jan. 31, 2014
Fair Value Of Financial Instruments [Abstract]  
Schedule of Derivative Liabilities at Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Conversion

 

 

 

 

Warrant

 

Feature

 

 

 

 

Liability

 

Liability

 

Total

 

 

 

 

 

 

 

 

 

Balance at July 31, 2012

$

286,000 

 

$

33,000 

 

$

319,000 

Issuances

 

 

 

 

 

Settlement of conversion feature liability

 

 

 

(33,000)

 

 

(33,000)

Adjustments to estimated fair value

 

(235,000)

 

 

 

 

(235,000)

Balance at July 31, 2013

$

51,000 

 

$

 

$

51,000 

Issuances

 

 

 

 

 

Settlement of warrant liability

 

(56,000)

 

 

 

 

(56,000)

Adjustments to estimated fair value

 

59,000 

 

 

 

 

59,000 

Balance at January 31, 2014

$

54,000 

 

$

 

$

54,000