Revision of Prior Period Amounts (Tables)

3 Months Ended

Oct. 31, 2014

Accounting Changes and Error Corrections [Abstract]

Schedule of Quantifying Prior Year Misstatements Corrected in Current Year Financial Statements [Table Text Block]

The following table sets forth the revised prior period balances reported in our comparative financial statements: 

	Previously
	reported	Adjustment	Revised
Balance sheet items at July 31, 2014:
Preferred Stock, Series B	2,100	260,375	262,475
Additional paid in capital	16,777,826	(260,375)	16,517,451
Total stockholders’ equity	5,578,824	(262,475)	5,316,349