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LOSS PER SHARE
 12 Months Ended
Jul. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 13:
LOSS PER SHARE
 
The following table reconciles the weighted average number of shares used in the computation of basic and diluted loss per share for Fiscal 2018, Fiscal 2017, and Fiscal 2016: 
 
 
 
Year Ended July 31,
 
 
 
2018
 
 
2017
 
 
2016
 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
Net Loss for the Year
 
$
(17,826,634
)
 
$
(17,971,056
)
 
$
(17,329,872
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted Average Number of Shares
 
 
157,123,025
 
 
 
128,244,751
 
 
 
106,086,782
 
Dilutive Stock Options and Warrants
 
 
-
 
 
 
-
 
 
 
-
 
Diluted Weighted Average Number of Shares
 
 
157,123,025
 
 
 
128,244,751
 
 
 
106,086,782
 
Net Loss per Share, Basic and Diluted
 
$
(0.11
)
 
$
(0.14
)
 
$
(0.16
)
 
For Fiscal 2018, Fiscal 2017 and Fiscal 2016 all outstanding stock options and share purchase warrants were excluded from the computation of diluted loss per share since we reported net losses for those periods and their effects would be anti-dilutive.