Convertible Debt and Derivative Liability (Tables)

12 Months Ended

Jul. 31, 2015

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

The Company used a Binomial Lattice model to calculate the fair value of its derivative liabilities using the following inputs:

	Issuance date			July 31, 2015
Volatility		96% - 196	%		174% - 207	%
Expected Term (years)		0.69 - 3.00			0.42 - 2.38
Expected dividend yield		0	%		0	%
Risk-free rate		0.15% - 1.10	%		0.13% - 0.80	%

Convertible Debt [Table Text Block]

As of July 31, 2015, amounts outstanding under the Company’s convertible debt payable were as follows:

Principal balance	$	800,195
Debt discount		(570,467)
Net carrying value of debt		229,728
Less current portion		193,559
Long term net carrying value of debt		36,169

Convertible Debt [Member]

Schedule of Maturities of Long-term Debt [Table Text Block]

The future minimum payments under convertible debt agreements as of July 31, 2015 are as follows:

Year Ending July 31:
2016	$	650,007
2017		150,188
	$	800,195