Revision of Prior Period Amounts (Tables)

12 Months Ended

Jul. 31, 2015

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