Annual report pursuant to Section 13 and 15(d)

Private Placements and Public Offerings (Details 2)

v2.4.0.8
Private Placements and Public Offerings (Details 2) (USD $)
0 Months Ended 8 Months Ended 12 Months Ended 78 Months Ended 0 Months Ended 0 Months Ended
Jun. 24, 2011
Mar. 18, 2011
Jul. 31, 2012
Jul. 31, 2014
Dec. 12, 2012
Mar. 28, 2012
Jun. 24, 2011
Common Stock
Mar. 28, 2012
Warrants
Jun. 24, 2011
Warrants issued with March 2011 Private Placement
Mar. 28, 2012
Series A Warrant
Jun. 24, 2011
Series B Warrant
Derivative Liabilities                      
Proceeds available for allocation             $ 0       $ 0
Estimated fair value of derivative liabilities           657,604     3,808,590 657,604  
Total proceeds of private placement 3,000,000 1,092,000                  
Fair value of derivative liabilities in excess of proceeds       (808,590)         808,590    
Adjustments to fair value of derivative liabilities     $ 4,192,781 $ 3,150,986              
Derivative liabilities valuation assumptions using Monte Carlo valuation model                      
Closing price per share of common stock (in dollars per share) $ 0.75             $ 0.22      
Exercise price per share (in dollars per share)               $ 0.50      
Expected volatility (as a percent)               125.00%      
Risk-free interest rate (as a percent)               1.05%      
Dividend yield (as a percent)               0.00%      
Floor price (in dollars per share)         $ 0.26     $ 0.50      
Remaining expected term of underlying securities               4 years 2 months 26 days