Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Unaudited)

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Consolidated Statements of Stockholders' Equity (Unaudited) - 6 months ended Oct. 31, 2015 - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Shares to be Issued
Accumulated Deficit
Total
Beginning balance (shares) at Apr. 30, 2015 626,600 2,776,012        
Beginning balance at Apr. 30, 2015 $ 1,856,903 $ 2,776,012 $ 21,862,333 $ 111,745 $ (24,490,404) $ 2,116,589
Net loss         $ (97,062) (97,062)
Stock option expense     $ 184,752 184,752
Issuance of common shares for cash (shares)   500,000        
Issuance of common shares for cash   $ 500,000 500,000
Common shares surrendered (shares)   (7,265)        
Common shares surrendered   $ (7,265) $ 7,265      
Common shares issued for service (shares)   54,667        
Common shares issued for service   $ 54,667 32,897 87,564
Issuance of preferred shares and warrants for cash (shares) 20,000          
Issuance of preferred shares and warrants for cash $ 80,317   19,683 100,000
Preferred shares converted to common shares (shares) (102,000) 510,000        
Preferred shares converted to common shares $ (302,073) $ 510,000 (207,927)      
Non-cash preferred stock dividend     (121,609) $ 121,609    
Common shares issued for preferred stock dividend (shares)   92,456        
Common shares issued for preferred stock dividend   $ 92,456 $ 81,777 $ (174,233)   174,233
Ending balance at Oct. 31, 2015 $ 1,856,903         $ 2,891,844