Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v2.4.0.8
Significant Accounting Policies (Tables)
12 Months Ended
Jul. 31, 2014
Significant Accounting Policies  
Schedule of useful lives of property and equipment for the purpose of computing depreciation

 

Computers and Equipment

 

3 to 10 years

 

Computer Software

 

1 to 3 years

 

Leasehold Improvements

 

3 years

 

 

Schedule of property and equipment, net

 

 

 

July 31,

 

July 31,

 

 

 

2014

 

2013

 

Computers and Equipment

 

465,964

 

136,116

 

Computer Software

 

18,701

 

18,701

 

Leasehold Improvements

 

100,196

 

70,530

 

Construction In Progress

 

138,506

 

 

Property and Equipment, gross

 

723,367

 

225,347

 

Accumulated Depreciation

 

(142,313

)

(73,722

)

Property and Equipment, net

 

581,054

 

151,625