Property and Equipment

12 Months Ended

Jul. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 7 – Property and Equipment

Property and equipment are stated at cost. Depreciation is calculated using the straight-line method over the following estimated useful lives of the assets: furniture and fixtures –seven years; machinery and equipment –five years; software – five years; leasehold improvements –the life of the current facility lease. Major additions and betterments are capitalized and repairs and maintenance are charged to operations in the period incurred.

	July 31, 2012			July 31, 2011
Furniture and fixture	$	27,635		$	27,635
Machinery and equipment		25,229			24,157
Software		359,417			359,417
Leasehold Improvements		5,985			5,985
		418,266			417,194
Accumulated depreciation		(397,953	)		(391,553	)
Property and equipment, net	$	20,313		$	25,641