Basic and Diluted Loss per Share (Tables)

6 Months Ended

Jan. 31, 2016

Earnings Per Share [Abstract]

Schedule of Common Shares Not Included in Calcutation of Diluted EPS

Potential common shares not included in calculating diluted net loss per share are as follows:

	January 31, 2016		January 31, 2015
Stock options		378,750		378,750
Series C Preferred Stock		1,551,200		1,551,200
Series D Preferred Stock		13,910,000		13,910,000
Total		15,839,950		15,839,950