XML 38 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727
COMMITMENTS AND CONTINGENCIES (Detail Textuals) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Oct. 16, 2014
Apr. 30, 2015
Apr. 30, 2015
Commitments And Contingencies [Line Items]      
Management fees   $ 100,000 $ 216,667
Mr. Ulansky      
Commitments And Contingencies [Line Items]      
Employment termination conditions     If (i) Mr. Ulansky's employment is terminated by the Company without cause, (ii) Mr. Ulansky terminates his employment as a result of the Company assigning him duties inconsistent with his position or the Company fails to pay his compensation or (iii) there is a change in control in the Company, then in either case the Company shall pay Mr. Ulansky an amount equal to (a) the product of the number of years and fractional years for the remainder of the term multiplied by (b) 50% of the then current base salary in effect as of the date of termination.
Management fees   $ 100,000 $ 216,667
Employment Agreement (the "Employment Agreement") | Mr. Ulansky      
Commitments And Contingencies [Line Items]      
Term of employment 3 years    
Employment Agreement (the "Employment Agreement") | Mr. Ulansky | First year      
Commitments And Contingencies [Line Items]      
Annual base salary $ 400,000    
Employment Agreement (the "Employment Agreement") | Mr. Ulansky | Second year      
Commitments And Contingencies [Line Items]      
Annual base salary 450,000    
Employment Agreement (the "Employment Agreement") | Mr. Ulansky | Third year      
Commitments And Contingencies [Line Items]      
Annual base salary $ 500,000