Stock Options (Tables)

12 Months Ended

Apr. 30, 2016

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

Schedule of Changes in Stock Options

The following table summarizes information about the options outstanding and exercisable at April 30, 2016:

	Options			Weighted Average Exercise Prices
Outstanding – April 30, 2014		440,191		$	12.00
Exercisable – April 30, 2014		121,025		$	12.00
Granted		105,000		$	106.00
Exercised		-		$	-
Forfeited/Cancelled		(3,750	)	$	12.00
Outstanding April 30, 2015		540,941		$	12.00
Exercisable – April 30, 2015		158,241		$	12.00
Granted		672,706			2.26
Exercised		-			-
Forfeited/Cancelled		(470,597	)		10.25
Outstanding April 30, 2016		743,050			4.00
Exercisable – April 30, 2016		421,460		$	3.41
Outstanding - Aggregate Intrinsic Value				$	-
Exercisable - Aggregate Intrinsic Value				$	-

Summary of Options Outstanding and Exercisable

The following table summarizes information about the options outstanding and exercisable at April 30, 2016:

			Options Outstanding				Options Exercisable
	Exercise Price		Options	Weighted Avg. Life Remaining	Weighted Average Exercise Price		Options	Weighted Average Exercise Price
	$	44.00	2,326	0.01 years	$	44.00	2,326	$	44.00
	$	12.00	132,987	7.93 years	$	12.00	54,654	$	12.00
	$	6.00	10,000	9.00 years	$	6.00	10,000	$	6.00
	$	3.39	24,000		$	3.39	4,000	$	3.39
	$	3.00	51,001	9.91 years	$	3.00	4,250	$	3.00
	$	2.87	65,334	9.25 years	$	2.87	13,611	$	2.87
	$	2.00	457,402	9.25 years	$	2.00	332,620	$	2.00
			743,050				421,460
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, 2014		203,125			27.12		1.62
Forfeited		-			-		-
Granted		133,333			50.0		5.0
Outstanding and exercisable – April 30, 2015		336,458			36.19		2.29
Forfeited		-			-		-
Granted/Expired		(203,125	)		-		-
Outstanding and exercisable – April 30, 2016		133,333			50.00		3.83