XML 24 R13.htm IDEA: XBRL DOCUMENT v3.5.0.2
Warrants
12 Months Ended
Jul. 31, 2016
Warrants [Abstract]  
WARRANTS
6. WARRANTS

 

Warrants were issued during the year ended July 31, 2016 in conjunction with common stock issuances. All warrants had an exercise price of $0.10 and expire in one year. Activity for the year ended July 31, 2016 was:

 

    Number of Shares    

Weighted Average

Exercise Price

   

Weighted Average Remaining Contract Term

(# years)

 
Outstanding at August 1, 2015     0     $ 0.00       0.0  
Granted     2,841,667     $ 0.10       1.0  
                         
Outstanding at July 31, 2016     2,841,667     $ 0.10       0.75  
                         
Exercisable at July 31, 2016     2,841,667     $ 0.10       0.75  

 

As of July 31, 2015, all previously issued warrants were expired and unexercised.