SHAREHOLDERS' EQUITY (Details Textual)	12 Months Ended
	Jul. 31, 2015 $ / shares shares
Series B Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, liquidation preference	$ 100
Dividends Payable, Amount Per Share	10
Series C Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Preferred stock, liquidation preference	1.00
Dividends Payable, Amount Per Share	0.10
Preferred Stock, Redemption Price Per Share	0.10
Preferred Stock Conversion Premium	$ 4.20
Preferred Stock, Conversion Basis	Each share of Series C Preferred Stock is convertible into 25 shares
Series D Preferred Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Conversion of Stock, Shares Converted | shares	13
Preferred stock, liquidation preference	$ 1,500
Preferred Stock, Conversion Basis	Each share of Series D Preferred Stock is convertible into 5,000 shares of the Companys common stock
Series D Preferred Stock [Member] | Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion | shares	65,000