Note 8 - Fair Value Measurements (Tables)

12 Months Ended

Jan. 31, 2013

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Description		January 31, 2013				Quoted Prices in Active Markets for (Level 1)				Significant Other Observable (Level 2)				Significant Unobservable (Level 3)
Derivative Liabilities		$	2,466			$	--			$	--			$	2,466

	January 31, 2013
Risk free interest rate	1.48%
Average expected life (years)	7.49
Expected volatility	107.49%
Expected dividends	None

Change in Fair Value of Level 3 Financial Instruments [Table Text Block]

	July 31, 2012		Recorded New Derivative Liabilities		Change in estimated fair value recognized in results of operations		January 31, 2013

Derivative liabilities	$	1,365	$	–	$	1,101	$	2,466

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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