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DEBT (Tables)
12 Months Ended
Apr. 30, 2022
DEBT  
Schedule of Notes Payable

 

 

April 30,

2022

 

 

April 30,

2021

 

Notes Payable:

 

 

 

 

 

 

Aug 28, 2015. No stated interest and principal payable on demand.

 

$2,300

 

 

$2,300

 

Nov.18, 2015. Interest at 8% and principal payable on demand. In Default

 

 

100,000

 

 

 

100,000

 

Jun. 6, 2016. Interest at 4% and principal payable on demand.

 

 

10,000

 

 

 

10,000

 

Aug. 4, 2016. Interest at 8% and principal payable on demand. In Default

 

 

35,000

 

 

 

35,000

 

Sep. 27, 2016. Interest at 4% and principal payable on demand.

 

 

30,000

 

 

 

30,000

 

Sep. 29, 2016. Interest at 4% and principal payable on demand.

 

 

5,000

 

 

 

5,000

 

Sep. 29, 2016. Interest at 4% and principal payable on demand.

 

 

30,000

 

 

 

30,000

 

Oct. 3, 2016. Interest at 4% and principal payable on demand.

 

 

20,000

 

 

 

20,000

 

Sep. 25, 2019. Interest at 8% and principal and interest due Mar. 25, 2020

In Default with interest recorded at 22% default rate

 

 

70,000

 

 

 

70,000

 

Apr. 9, 2020.Interest at 8% and principal due Oct. 9, 2020

In Default with interest recorded at 24% default rate

 

 

5,000

 

 

 

30,000

 

Jul. 31, 2021. Interest at 10% and principal and interest due Sep. 30, 2022

 

 

50,000

 

 

 

-

 

Total Notes Payable

 

$357,300

 

 

$332,300

 

Schedule of Related Party Notes Payable

 

 

April 30,

2022

 

 

April 30,

2021

 

Notes Payable, Related Party:

 

 

 

 

 

 

Mar. 5, 2020. Interest at 10% and principal due September 30, 2022

 

$25,000

 

 

$25,000

 

Aug. 12, 2020. Interest at 10% and principal due September 30, 2022

 

 

30,000

 

 

 

30,000

 

Total Notes Payable – Related Party

 

$55,000

 

 

$55,000

 

Schedule of Convertible Unsecured Promissory Notes

 

 

April 30,

2022

 

 

April 30,

2021

 

Convertible Unsecured Promissory Notes:

 

 

 

 

 

 

April 14, 2016 - Interest at 5% - principal and interest due 12 months from issuance date. In Default

 

$37,500

 

 

$50,000

 

 

 

 

 

 

 

 

 

 

May 2, 2019 - Interest at 10% - principal and interest due August 2, 2020.

 

 

6,000

 

 

 

12,170

 

 

 

 

 

 

 

 

 

 

May 8, 2019 - Interest at 12% - principal and interest due February 8, 2020.  In Default with interest recorded at default rate of 24%

 

 

138,483

 

 

 

138,483

 

 

 

 

 

 

 

 

 

 

February 3, 2021, Interest at 10% - principal and interest due February 3, 2022

 

 

-

 

 

 

55,000

 

 

 

 

 

 

 

 

 

 

March 17, 2021, Interest at 10% - principal and interest due March 17, 2022

 

 

-

 

 

 

41,000

 

 

 

 

 

 

 

 

 

 

January 4, 2022, Interest at 8% - principal and interest due January 4, 2023

 

 

55,000

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Plus: put premium

 

 

34,175

 

 

 

60,942

 

 

 

 

 

 

 

 

 

 

Less: debt discount

 

 

(2,046 )

 

 

(6,000 )

 

 

 

 

 

 

 

 

 

Total Convertible Unsecured Notes Payable, net of debt discount and put premium

 

$269,112

 

 

$351,595

 

Schedule of convertible Secured Notes Payable

 

 

April 30,

2022

 

 

April 30,

2021

 

Convertible Secured Note Payable:

 

 

 

 

 

 

 

 

 

 

 

 

 

May 17, 2018 – Principal and interest at 8% due May 17, 2019. IN DEFAULT with interest recorded at default rate of 18%.

 

$16,802

 

 

$80,000

 

 

 

 

 

 

 

 

 

 

November 24, 2021 – Principal and interest at 12% due November 24, 2022.

 

 

315,000

 

 

 

-

 

 

 

 

 

 

 

 

 

 

April 18, 2022 – Principal and Interest at 12% due April 18, 2023

 

 

560,000

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Plus: put premium

 

 

11,201

 

 

 

53,333

 

 

 

 

 

 

 

 

 

 

Less: debt discount

 

 

(473,618 )

 

 

-

 

 

 

 

 

 

 

 

 

 

Total Convertible Secured Notes Payable

 

$429,385

 

 

$133,333