LOSS PER SHARE (Tables)

12 Months Ended

Jul. 31, 2015

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

		Year Ended July 31,
		2015			2014			2013
Numerator
Net Loss for the Year	$	(23,361,928	)	$	(25,975,107	)	$	(21,863,091	)
Denominator
Basic Weighted Average Number of Shares		92,397,547			89,136,505			85,380,412
Dilutive Stock Options and Warrants		-			-			-
Diluted Weighted Average Number of Shares		92,397,547			89,136,505			85,380,412
Net Loss per Share, Basic and Diluted	$	(0.25	)	$	(0.29	)	$	(0.26	)