Securities Purchase Agreements (Tables)

3 Months Ended

Oct. 31, 2013

	Number of Common Shares		Common Stock		Additional Paid-In Capital		Accumulated Deficit			Total Stockholders’ Equity
Balance at April 30, 2013		1,754,662	$	1,754,662	$	19,287,931	$	(18,052,321	)	$	2,990,272
Issuance of shares under Registered Direct Offering		350,000		350,000		345,491					695,491
Net loss								(1,219,822	)		(1,219,822	)
Stock-based compensation expense						38,682					38,682
Balance at October 31, 2013		2,104,662	$	2,104,662	$	19,672,104	$	(19,272,143	)	$	2,504,623