|6 Months Ended|
Oct. 31, 2020
|Subsequent Events [Abstract]|
NOTE 11 — SUBSEQUENT EVENTS
In November and December 2020, the Company issued an aggregate of 100,000 shares of common stock for the exercise of stock warrants and received proceeds of $700,000.
On November 13, 2020, the Company issued an aggregate of 1,068,940 shares of the Company’s common stock in exchange for the conversion of 106,894 shares of Series H Preferred Stock.
On November 16, 2020, the Company issued an aggregate of 188 shares of restricted common stock for director services rendered from November 1 to November 9, 2020. The shares of restricted common stock vested immediately on the date of grant.
On November 17, 2020, the Company issued an aggregate of 921,666 shares of the Company’s common stock in exchange for the conversion of 921,666 shares of Series I Preferred Stock.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef