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v2.4.0.6
Note 3. Fair Value Measurements (Tables)
12 Months Ended
Jul. 31, 2012
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
The following table sets forth by level, within the fair value hierarchy, the Company’s financial assets accounted for at fair value on a recurring basis as of July 31, 2012 and 2011.

         
Assets at Fair Value as of July 31, 2012 and 2011 Using
 
                         
         
Quoted Prices in
Activated Markets for Identical Asssets
   
Significant Other
Observable Inputs
   
Significant Observable
Inputs
 
   
Total
   
(Level 1)
   
(Level 2)
   
(Level 2)
 
July 31, 2012
                       
Cash and cash equivalents
  $ -     $ -     $ -     $ -  
                                 
July 31, 2011
                               
Cash and cash equivalents
  $ 7     $ 7     $ -     $ -