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Stock Options (Tables)

3 Months Ended

Jul. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Changes in Stock Options

		Options				Weighted Average Exercise Prices

Outstanding April 30, 2015			108,188,281			$	0.06
Exercisable – April 30, 2015			31,648,280			$
Granted			-			$	-
Exercised			-			$	-
Forfeited/Cancelled			-			$	-
Outstanding July 31, 2015			108,188,281			$	0.06
Exercisable – July 31, 2015			33,108,280			$

Outstanding - Aggregate Intrinsic Value						$	-
Exercisable - Aggregate Intrinsic Value						$	-

Summary of Options Outstanding and Exercisable

			Options Outstanding								Options Exercisable
Exercise Price			Options			Weighted Avg. Life Remaining		Weighted Avg. Exercise Price			Options		Weighted Avg. Exercise Price
$	0.22			465,116		0.01 years		$	0.22		465,116		$	0.22
$	0.06			105,723,165		8.18 years			0.06		30,323,164			0.06
$	0.03			2,000,000		9.50 years		$	0.03		2,320,000		$	0.03
				108,188,281							33,108,280
Aggregate Intrinsic Value								$	-				$	-

Summary of Warrants Outstanding and Exercisable

		Number of Warrants				Weighted Average Exercise Price				Weighted Average Life Remaining
Outstanding and exercisable – April 30, 2015			67,291,667				0.10				2.29
Forfeited			-				-				-
Granted			-				-				-
Outstanding and exercisable – July 31, 2015			67,291,667				0.10				2.04

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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