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STOCK OPTIONS (Narrative) (Details) (USD $)
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1 Months Ended | 12 Months Ended | ||
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Aug. 31, 2011
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Feb. 28, 2013
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Jul. 31, 2012
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Jun. 07, 2007
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| STOCK OPTIONS [Abstract] | ||||
| Shares authorized for issuance | 1,465,000 | 4,360,000 | ||
| Shares authorized for issuance, per share | $ 0.18 | $ 0.06 | ||
| Weighted average fair value of stock options granted | $ 0.0272 | |||
| Fair value of options vested | $ 400,000 | |||
| Share-based compensation | $ 136,000 |
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- Definition
Share based compensation arrangement by share based payment award share price on date of authorization. No definition available.
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- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock. No definition available.
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