Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v2.4.0.6
Consolidated Statements of Stockholders' Equity (Deficit) (USD $)
Total
Common Stock
Additional Paid-In Capital
Warrants
Deficit Accumulated during the Development Stage
Balance at Feb. 08, 2008          
Increase (Decrease) in Stockholders' Equity          
Shares issued to founder on Feb 8, 2008 $ 15,000 $ 4,800 [1] $ 10,200 [1]    
Shares issued to founder on Feb 8, 2008 (in shares) [1]   48,000,000      
Private placement on June 24, 2011, March 18, 2011 and June 30, 2008, respectively 32,000 2,048 [1] 29,952 [1]    
Private placement on June 24, 2011, March 18, 2011 and June 30, 2008, respectively (in shares) [1]   20,480,000      
Net loss (7,187)       (7,187)
Balance at Jul. 31, 2008 39,813 6,848 [1] 40,152 [1]   (7,187)
Balance (in shares) at Jul. 31, 2008 [1]   68,480,000      
Increase (Decrease) in Stockholders' Equity          
Net loss (33,714)       (33,714)
Balance at Jul. 31, 2009 6,099 6,848 [1] 40,152 [1]   (40,901)
Balance (in shares) at Jul. 31, 2009 [1]   68,480,000      
Increase (Decrease) in Stockholders' Equity          
Net loss (36,158)       (36,158)
Balance at Jul. 31, 2010 (30,059) 6,848 [1] 40,152 [1]   (77,059)
Balance (in shares) at Jul. 31, 2010 [1]   68,480,000      
Increase (Decrease) in Stockholders' Equity          
Private placement on June 24, 2011, March 18, 2011 and June 30, 2008, respectively 1,092,000 146 659,873 431,981  
Private placement on June 24, 2011, March 18, 2011 and June 30, 2008, respectively (in shares)   1,456,000   1,456,000  
Balance at Mar. 18, 2011          
Balance at Jul. 31, 2010 [1]   6,848 40,152    
Balance (in shares) at Jul. 31, 2010 [1]   68,480,000      
Increase (Decrease) in Stockholders' Equity          
Private placement on June 24, 2011, March 18, 2011 and June 30, 2008, respectively   400 (400)    
Private placement on June 24, 2011, March 18, 2011 and June 30, 2008, respectively (in shares)   4,000,000   4,000,000  
Balance at Jun. 24, 2011          
Balance at Jul. 31, 2010 (30,059) 6,848 [1] 40,152 [1]   (77,059)
Balance (in shares) at Jul. 31, 2010 [1]   68,480,000      
Increase (Decrease) in Stockholders' Equity          
Common stock cancelled   (1,728) 1,728    
Common stock cancelled (in shares)   (17,280,000)      
Common stock issued for services 332,000 20 331,980    
Common stock issued for services (in shares)   200,000      
Net loss (3,758,817)       (3,758,817)
Balance at Jul. 31, 2011 (2,364,876) 5,686 1,033,333 431,981 (3,835,876)
Balance (in shares) at Jul. 31, 2011   56,856,000   5,456,000  
Increase (Decrease) in Stockholders' Equity          
Public offering on March 28, 2012, net of issuance costs of $542,500   3,100 4,227,456 2,976,944  
Public offering on March 28, 2012, net of issuance costs of $542,500 (in shares)   31,000,000   32,550,000  
Balance at Mar. 28, 2012          
Balance at Jul. 31, 2011 (2,364,876)   1,033,333 431,981 (3,835,876)
Balance (in shares) at Jul. 31, 2011       5,456,000  
Increase (Decrease) in Stockholders' Equity          
Issuance of warrants - Inovio 958,111     958,111  
Issuance of warrants - Inovio (in shares)       4,000,000  
Expiration of Series B Warrants (in shares)       (4,000,000)  
Re-classification of Series A Warrants 657,604     657,604  
Re-classification of Series A Warrants (in shares)       4,240,000  
Public offering on March 28, 2012, net of issuance costs of $542,500 7,207,500        
Share-based compensation expense 332,778   332,778    
Net loss (2,364,852)       (2,364,852)
Balance at Jul. 31, 2012 4,426,265 8,786 5,593,567 5,024,640 (6,200,728)
Balance (in shares) at Jul. 31, 2012   87,856,000   42,246,000  
Increase (Decrease) in Stockholders' Equity          
Share-based compensation expense 179,631   179,631    
Issuance of common stock upon exercise of warrants 106,050 30 132,410 (26,390)  
Issuance of common stock upon exercise of warrants (in shares)   303,000   (303,000)  
Net loss (2,026,925)       (2,026,925)
Balance at Oct. 31, 2012 $ 2,685,021 $ 8,816 $ 5,905,608 $ 4,998,250 $ (8,227,653)
Balance (in shares) at Oct. 31, 2012   88,159,000   41,943,000  
[1] Adjusted to reflect the forward stock split of 32-for-1 effective March 1, 2011.