Significant Accounting Policies (Details Narrative) |
12 Months Ended | |
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Jul. 31, 2016
USD ($)
Segment
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Jul. 31, 2015
USD ($)
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| Number of segment reporting | Segment | 1 | |
| Amount insured by the Federal Deposit Insurance Corporation | $ 250,000 | |
| Capitalization threshold of property and equipment | $ 5,000 | |
| Percentage of stock purchase | 85.00% | |
| Percentage nonvested share price | 15.00% | |
| Maturity period | 6 months | |
| Risk free interest rate | 0.45% | |
| Volatility rate | 81.06% | |
| Forfeitures rate | 0.00% | |
| Dividends | $ 0 | |
| Stock-based compensation | $ 16,000 | |
| 6 - Month Call [Member] | ||
| Fair market value of nonvested share price | 85.00% | |
| 6 - Month Put [Member] | ||
| Fair market value of nonvested share price | 15.00% | |
| Asset Purchase Agreement [Member] | ||
| Amortization of intangible assets | $ 400,000 | |
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- Definition Capitalization threshold of property and equipment. No definition available.
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- Definition Fair market value of nonvested share price. No definition available.
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- Definition Forfeitures rate. No definition available.
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- Definition Percentage nonvested share price. No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. No definition available.
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- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Purchase price of common stock expressed as a percentage of its fair value. No definition available.
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