Annual report pursuant to section 13 and 15(d)

Private Placements and Public Offering (Tables)

v2.4.0.6
Private Placements and Public Offering (Tables)
12 Months Ended
Jul. 31, 2012
Private Placements and Public Offering  
Schedule of derivative liabilities valued using a Monte Carlo valuation model

 

 

 

 

March 28, 2012

 

July 31, 2011

 

Closing price per share of common stock

 

0.22

 

0.93

 

Exercise price per share

 

0.50

 

1.20

 

Expected volatility

 

125.0

%

91.6

%

Risk-free interest rate

 

1.05

%

1.35

%

Dividend yield

 

 

 

Floor price

 

0.50

 

0.50

 

Remaining expected term of underlying securities (years)

 

4.24

 

4.90