Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.3.1.900
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - 9 months ended Jan. 31, 2016 - USD ($)
Preferred Stock Series A
Preferred Stock Series B
Common Stock
Additional Paid-In Capital
Shares to be Issued
Accumulated Deficit
Total
Beginning balance, value at Apr. 30, 2015 $ 1,856,903 $ 0 $ 2,776 $ 24,635,570 $ 111,745 $ (24,490,403) $ 2,116,589
Beginning balance, shares at Apr. 30, 2015 626,600 0 2,776,012        
Net loss           (547,052) (547,051)
Stock-based compensation expense       187,888     187,888
Issuance of common shares for cash, value     $ 500 499,500     500,000
Issuance of common shares for cash, shares     500,000        
Common shares surrendered, value     $ (7) 7     0
Common shares surrendered, shares     (7,265)        
Common shares issued for service, value     $ 464 355,100     355,564
Common shares issued for service, shares     464,667        
Issuance of preferred series A shares and warrants for cash $ 80,317     19,683     100,000
Issuance of preferred series A shares and warrants for cash, shares 20,000            
Preferred series A shares converted to common shares, value $ (365,121)   $ 617 364,504     0
Preferred series A shares converted to common shares, shares (123,300)   616,500        
Non-cash preferred series A stock dividend       (121,609) 121,609   0
Common shares issued for preferred series A stock dividend, value     $ 139 233,215 (233,354)   0
Common shares issued for preferred series A stock dividend, shares     139,240        
Exchange series A preferred stock for series B preferred stock, value $ (1,572,099) $ 2,616,473   (1,044,374)     0
Exchange series A preferred stock for series B preferred stock, shares (523,300) 214,465          
Exchange common warrants for series B preferred stock, value   $ 806,860   (806,860)     0
Exchange common warrants for series B preferred stock, shares   66,136          
Issuance of series B preferred for extinguishment of convertible debt, value   $ 672,000   (22,033)     649,967
Issuance of series B preferred for extinguishment of convertible debt, shares   55,083          
Conversion of series B preferred stock to common shares, value   $ (13,725) $ 23 13,702     0
Common shares issued in exchange of stock options, value     $ 263 122,102     122,365
Common shares issued in exchange of stock options, shares     263,206        
Ending balance,value at Jan. 31, 2016 $ 0 $ 4,081,607 $ 4,775 $ 24,436,395 $ 0 $ (25,037,455) $ 3,485,322
Ending balance,shares at Jan. 31, 2016 0 334,559 4,774,860