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CAPITAL STOCK (Details Textual) - USD ($)
1 Months Ended 12 Months Ended
Mar. 10, 2016
Feb. 09, 2016
Jul. 31, 2016
Jun. 25, 2015
Dec. 31, 2014
Oct. 23, 2013
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2014
Jul. 30, 2013
Capital Stock [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value     $ 671,353       $ 671,353      
Share Price $ 0.81                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights     2,600,000       2,600,000      
Common Stock, Value, Issued     $ 116,670       $ 116,670 $ 97,841    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross             3,033,000 7,640,000    
Sharebased Compensation Arrangement By Share Based Payment Award Options Unvested In Period Fair Value1     48,840              
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value     $ 622,513       $ 622,513      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Cancellations in Period         4,294,000          
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Contractual Term         10 years   5 years 5 years    
Employee Stock Option [Member]                    
Capital Stock [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period             682,167 609,390 713,900 631,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross             3,033,000 7,640,000    
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price             $ 1.02 $ 1.32    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Cancellations in Period               (4,294,000)    
After Amendment [Member]                    
Capital Stock [Line Items]                    
Class of Warrant or Right, Exercise Price of Warrants or Rights   $ 1.35 $ 1.35       1.35      
Before Amendment [Member]                    
Capital Stock [Line Items]                    
Class of Warrant or Right, Exercise Price of Warrants or Rights   $ 2.50 $ 2.50       2.50      
Minimum [Member]                    
Capital Stock [Line Items]                    
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price         $ 2.25   $ 0.93 $ 1.20    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Contractual Term             5 years      
Maximum [Member]                    
Capital Stock [Line Items]                    
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price         $ 5.65   $ 1.32 $ 1.32    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Contractual Term             10 years      
Warrant [Member]                    
Capital Stock [Line Items]                    
Stock Issued During Period, Shares, New Issues   2,600,000                
Options Exercised [Member]                    
Capital Stock [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period               387,842 230,267  
June 25,2015 [Member]                    
Capital Stock [Line Items]                    
Stock Issued During Period, Shares, New Issues       5,000,000            
Class of Warrant or Right, Exercise Price of Warrants or Rights       $ 2.35            
Class of Warrant or Right, Number of Securities Called by Warrants or Rights       2,500,000            
Proceeds from Issuance or Sale of Equity, Total       $ 10,000,000            
Sale of Stock, Price Per Share       $ 2.00            
Share Units Sold Description And Terms       Each unit was comprised of one share of common stock of the Company and one-half of one share purchase warrant, each whole warrant exercisable at a price of $2.35 for a three year period to purchase one share of the Company totaling 2,500,000 shares.            
Warrant Expiration Term       3 years            
October 23, 2013                    
Capital Stock [Line Items]                    
Stock Issued During Period, Shares, New Issues           3,380,954        
Share Price           $ 1.89        
Class of Warrant or Right, Exercise Price of Warrants or Rights           $ 2.60        
Class of Warrant or Right, Number of Securities Called by Warrants or Rights           1,859,524        
Proceeds from Issuance or Sale of Equity, Total           $ 7,100,003        
Sale of Stock, Price Per Share           $ 2.10        
Share Units Sold Description And Terms           Each unit was comprised of one share of the Company and 0.55 of one share purchase warrant, each whole warrant exercisable at a price of $2.60 for a three year period to purchase one share of the Company totaling 1,859,524 shares.        
Warrant Expiration Term           3 years        
Agents [Member]                    
Capital Stock [Line Items]                    
Share Price       $ 1.60            
Class of Warrant or Right, Exercise Price of Warrants or Rights       $ 2.35            
Class of Warrant or Right, Number of Securities Called by Warrants or Rights       350,000            
Warrant Expiration Term       3 years            
2014 Shelf Offering                    
Capital Stock [Line Items]                    
Proceeds from Other Equity $ 10,510,000                  
Proceeds from Issuance Initial Public Offering             $ 100,000,000      
Stock Issued During Period, Shares, New Issues 12,364,704                  
Share Price $ 0.85                  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 1.20                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 6,182,351                  
2014 Shelf Offering | June 25,2015 [Member]                    
Capital Stock [Line Items]                    
Common Stock, Value, Issued     $ 35,100,000       35,100,000      
Common Stock, Value, Subscriptions     $ 64,900,000       $ 64,900,000      
Proceeds from Issuance or Sale of Equity, Total       $ 10,000,000            
Proceeds from Warrant Exercises       $ 6,700,000            
2014 Shelf Offering | March 10, 2016 [Member]                    
Capital Stock [Line Items]                    
Proceeds from Issuance or Sale of Equity, Total $ 10,500,000                  
Proceeds from Warrant Exercises $ 7,900,000                  
2014 Shelf Offering | Agents [Member]                    
Capital Stock [Line Items]                    
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 1.20                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 411,997                  
2011 Shelf Offering [Member]                    
Capital Stock [Line Items]                    
Stock Issued During Period, Shares, New Issues               280,045    
Proceeds from Issuance or Sale of Equity, Total               $ 474,788    
Sale of Stock, Price Per Share               $ 1.70    
2015 Stock Incentive Plan [Member]                    
Capital Stock [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant     7,225,722       7,225,722      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross             10,467,134      
2016 Stock Incentive Plan [Member]                    
Capital Stock [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized     18,892,856       1,200,000      
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total     $ 921,345       $ 921,345      
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition             9 months 11 days