Quarterly report pursuant to sections 13 or 15(d)

Private Placements and Public Offering (Tables)

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

 

 

 

 

October 31, 2011

 

Closing price per share of common stock

 

0.31

 

Exercise price per share

 

1.20

 

Expected volatility

 

94.5

%

Risk-free interest rate

 

0.99

%

Dividend yield

 

 

Floor price

 

0.50

 

Remaining expected term of underlying securities (years)

 

4.65