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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Jan. 31, 2011
Sales $ 458,813 $ 1,268,148 $ 607,759 $ 2,203,161
Cost of sales 189,763 503,107 263,709 997,399
Gross profits 269,050 765,041 344,050 1,205,762
Operating Expenses        
Depreciation 1,602 1,102 3,394 2,205
Professional fees 59,410 58,758 328,573 97,692
Selling and general expenses 247,424 417,216 543,904 785,613
Total operating expenses 308,436 477,076 875,871 885,510
Income (loss) from operations (39,386) 287,965 (531,821) 320,252
Other income (expense)        
Other income and expense, net 0 (34,073) 2,696 (46,425)
Interest expense, net 9 (6,908) (3,084) (12,519)
Net other income (expense) 9 (40,981) (388) (58,944)
Total income (loss) before income taxes (39,377) 246,984 (532,209) 261,308
Income taxes 0 0 0 0
Net income (loss) $ (39,377) $ 246,984 $ (532,209) $ 261,308
Net income (loss) per share - basic (in dollars per share) $ (0.006) $ 0.038 $ (0.078) $ 0.040
Net income (loss) per share - diluted (in dollars per share) $ (0.002) $ 0.036 $ (0.032) $ 0.038
Weighted average shares outstanding - basic (in shares) 7,010,000 6,475,000 6,799,202 6,475,000
Weighted average shares outstanding - diluted (in shares) 16,672,488 6,800,000 16,461,690 6,800,000