Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes Payable (Details Narrative)

v3.3.1.900
Convertible Notes Payable (Details Narrative) - USD ($)
 3 Months Ended 6 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Jul. 31, 2014
Oct. 31, 2015
Oct. 31, 2014
Short-term Debt [Line Items]          
Risk-free interest rate 1.01%        
Expected volatility 80.00%        
Expected dividend rate 0.00%     0.00%  
Securities Purchase Agreement | Bridge Notes and Bridge Warrants          
Short-term Debt [Line Items]          
Bridge loan     $ 750,000    
Bridge loan, issuance date     Jul. 15, 2014    
Bridge loan, maturity date   Jan. 15, 2016 Oct. 15, 2014    
Bridge loan, conversion description   The sale of shares of its Series A Stock resulted in the reduction of the conversion price of the Bridge Notes held by the institutional investors to $2.00 from $2.50 to equal the conversion price of the Series A Preferred Stock. The initial conversion price for Institutional Investors is $2.50 per share (which was subsequently reduced), and the initial conversion price for Management is equal to the closing price of the Company’s common stock on the closing date of the Purchase Agreement, $2.94.    
Bridge loan, interest rate     8.00%    
Sale of Series A preferred stock   600,000     600,000
Description of period for exercisability of warrants     The Bridge Warrants are exercisable for five years after the closing date of the Purchase Agreement, or July 15, 2019. For each $1,000 of principal amount of Bridge Notes, the holder received 1,200 Bridge Warrants, each exercisable for the purchase of one share of the Company’s common stock. Each holder is entitled to exercise one-third of all Bridge Warrants received at an exercise price of $3.00, one-third of all Bridge Warrants received at an exercise price of $3.50, and one-third of all Bridge Warrants received at an exercise price that is equal to the closing price on the closing date of the Purchase Agreement, $2.94.    
Bridge loan, repayment of debt       $ 70,000  
Bridge loan, amount of default $ 80,000     $ 80,000  
Bridge loan, description of notice of default       The Company advised Rosenthal and Rosenthal, Inc. of the default on a certain Bridge Note which is a default under our finance agreement and received a waiver of compliance.  
Risk-free interest rate       1.26%  
Expected volatility       100.00%  
Expected dividend rate       0.00%  
Discount on notes payable, warrants   $ 562,000     $ 562,000
Beneficial conversion feature   188,000      
Non-cash interest charge   $ 617,000     $ 750,000