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Income Taxes (Tables)
12 Months Ended
Jul. 31, 2014
Income Tax Disclosure [Abstract]  
Summary of Operating Loss Carryforwards [Table Text Block]
Future income tax assets
 
 
 
 
 
 
 
 
July 31, 2014
 
 
July 31, 2013
 
NOL available for carry forward
 
$
2,841,697
 
 
$
2,158,886
 
R&D credit
 
 
338,847
 
 
 
126,278
 
Other temporary timing differences
 
 
121,916
 
 
 
105,676
 
 
 
 
3,302,460
 
 
 
2,390,840
 
Effective tax rate
 
 
28.83
%
 
 
32.78
%
 
 
 
952,173
 
 
 
783,752
 
Net deferred tax asset
 
 
952,173
 
 
 
783,752
 
Valuation allowance
 
 
(952,173)
 
 
 
(783,752)
 
 
 
$
-
 
 
$
-