Revision of Prior Period Amounts (Tables)

6 Months Ended

Jan. 31, 2016

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)		16,517,448
Total stockholders’ equity	5,578,824		(262,475)		5,316,349