Property and Equipment

3 Months Ended

Oct. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 8 – 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. Depreciation expense for the three months ended October 31, 2014 and 2013 was $6,421 and $4,134, respectively.

	October 31, 2014		July 31, 2013
Furniture and fixture	$	27,634	$	27,634
Machinery and equipment		27,540		27,540
Software		359,417		359,417
Leasehold Improvements		5,985		5,985
Vehicle		105,278		105,278
		525,854		525,854
Accumulated depreciation		(434,712)		(428,291)
Property and equipment, net	$	91,142	$	97,563