LOSS PER SHARE (Tables)

6 Months Ended

Jan. 31, 2014

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Three Months Ended January 31,						Six Months Ended January 31,
Numerator		2014			2013			2014			2013
Net Loss for the Period	$	(7,178,894	)	$	(5,588,210	)	$	(13,058,828	)	$	(12,885,833	)
Denominator
Basic Weighted Average Number of Shares		89,701,157			85,293,298			88,058,149			85,233,112
Dilutive Stock Options and Warrants		-			-			-			-
Diluted Weighted Average Number of Shares		89,701,157			85,293,298			88,058,149			85,233,112
Net Loss per Share, Basic and Diluted	$	(0.08	)	$	(0.06	)	$	(0.15	)	$	(0.15	)