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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2016
Jul. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,265,735) $ (768,290)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Stock-based compensation 1,150,197 228,930
Depreciation, depletion and accretion 4,396 65,973
Amortization of intangibles 0 30,113
Gain on sale of oil and gas assets (216,580) 0
Net gain on interest in real estate rights (300,639) 0
Deferred tax liability 187,917  
Changes in operating assets and liabilities:    
Accounts receivable - oil and gas 903 41,785
Accrued interest on notes receivable- related party (141,259) 0
Prepaid expenses and other current assets (66,867) 1,338
Other assets 0 (3,619)
Accounts payable and accrued expenses (39,806) (115,233)
Net Cash Used in Operating Activities (687,473) (519,003)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from acquistion of Horizon Investments 3,364,817 0
Cash paid for investment in Horizon Energy Partners (525,000) 0
Proceeds from interest in real estate rights 2,915,332 0
Capitalized expenditures on oil and gas assets (6,790) (7,283)
Cash received upon disposal of oil and gas assets 0 279,013
Prepaid oil and gas assets (65,947) 0
Issuance of notes receivable - related party (2,947,129) 0
Net Cash Provided by Investing Activities 2,735,283 271,730
CASH FLOWS FROM FINANCING ACTIVITIES:    
Change in cash and cash equivalents 2,047,810 (247,273)
Cash and cash equivalents, beginning of period 774,751 1,010,543
Cash and cash equivalents, end of period 2,822,561 763,270
Cash paid during the period for:    
Income taxes 3,789 14,482
Interest paid 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Reclassification from Prepaid oil and gas development costs to oil and gas assets not being amortized $ 761,444