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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 31, 2014

Summary of Significant Accounting Policies [Abstract]

	Amount		Level 1		Level 2		Level 3
Embedded conversion derivative liability	$	9,666	$	-	$	-	$	9,666
Warrant derivative liabilities		-						-
Total	$	9,666	$	-	$	-	$	9,666

Summary of Changes in Fair Value

Balance at July 31, 2013	$	9,666
Fair value of warrant derivative liabilities at issuance		469,841
Settlement of derivative liability		(506,574	)
Unrealized derivative loss included in other expense		27,067
Balance at July 30, 2014	$	-

Schedule of Assumptions Used to Value Warrants

	At settlement dates			July 31, 2013
Market value of stock on measurement date		$ 0.043-$0.05		$	0.0289
Risk-free interest rate		0.77-0.96	%		0.11	%
Dividend yield		0	%		0	%
Volatility factor		169-217	%		76.9	%
Term		2.8-3.9 years			.0493 years

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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