Quarterly report pursuant to Section 13 or 15(d)

Entry into a Material Definitive Agreement (Details Narrative)

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Entry into a Material Definitive Agreement (Details Narrative)
9 Months Ended
Jan. 31, 2017
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Business acquisition, date of acquisition agreement Jun. 13, 2016
Business acquisition, description The Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with its wholly owned subsidiary, Dataram Acquisition Sub, Inc., a Nevada corporation, U.S. Gold Corp., a Nevada corporation and exploration stage company that owns certain mining leases and other mineral rights comprising the Copper King gold and copper development project located in the Silver Crown Mining District of southeast Wyoming and the Keystone Project located in Eureka county, Nevada, and Copper King, LLC ("Copper King'"), a principal stockholder of U.S. Gold Corp (the "Merger"). The closing of the merger is subject to conditions as defined in the agreement.
Business acquisition, description of equity interests At the closing of the Merger, the holders of U.S. Gold’s common stock and preferred stock will be converted into the right to receive shares of the Company’s Common Stock or, at the election of any U.S. Gold stockholder, shares of the Company’s newly designated 0% Series C Convertible Preferred Stock, par value $0.001 per share, which are convertible into shares of Common Stock. The Merger Consideration shall be allocated as defined in the agreement.
Reverse stock split, description The Company filed a certificate of amendment to its Articles of Incorporation with the Nevada Secretary of State in order to effectuate a reverse stock split of the Company?s issued and outstanding common stock, par value $0.001 per share on a one (1) for three (3) basis, effective on July 8, 2016.
Series C Preferred shares issuable 16,666,667
Warrants issuable to purchase company common stock 250,000
Escrow shares, percent of stockholder consideration 15.00%
Increase in merger consideration on an as converted and fully diluted basis 46,241,868
Second Amended and Restated Merger Agreement  
Series C Preferred shares issuable 18,181,817
Warrants issuable to purchase company common stock 400,000
Escrow shares, percent of stockholder consideration 10.00%
Business acquisition, amended covenant and revision to stock issuances Included a covenant that certain officers and directors of the Company shall be issued an aggregate of 820,000 shares of restricted stock pursuant to a shareholder approved equity incentive plan, subject to the execution of a two year lockup agreement; and revised the maximum number of shares the Company shall have outstanding at the closing of the merger, on a fully diluted basis, to 4,559,178 shares of common stock.
Third Amended and Restated Merger Agreement  
Series C Preferred shares issuable 18,094,362
Warrants issuable to purchase company common stock 1,809,436
Business acquisition, amended covenant and revision to stock issuances Eliminated a covenant that certain officers and directors of the Company be issued an aggregate of 820,000 shares of restricted stock pursuant to a shareholder approved equity incentive plan, subject to the execution of a two year lockup agreement and revised the maximum number of shares the Company shall have outstanding at the closing of the merger, on a fully diluted basis, to 4,945,182 shares of common stock.
Increase in merger consideration on an as converted and fully diluted basis 48,616,089
Additional provision to the Merger Consideration A provision to issue 925,833 five-year options which vest 1/24 each month over the 2 years from the original date of issue to the holders of options issued in connection with the closing of the Keystone Acquisition (as defined in the Merger Agreement).