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Notes Receivable - Related Party
3 Months Ended
Jul. 31, 2016
Notes Receivable - Related Party  
Notes Receivable - Related Party

During 2015 and 2016, the Company entered into seven promissory note agreements with Fortis. With total principal amounts of $20,795,129. The notes receivable bear interest at an annual rate of 3% and mature on December 31, 2017. As of July 31, 2016 and April 30, 2016, the outstanding balance of the notes receivable was $20,795,129 and $17,848,000, respectively.