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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Apr. 30, 2022
STOCK BASED COMPENSATION  
Schedule of Stock Option Activity

 

 

Stock Options Outstanding

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregate

 

 

 

Number

of

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

 

Options

 

 

Price

 

 

Life (Years)

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, April 30, 2021

 

 

1,200,000

 

 

$0.05

 

 

 

3.21

 

 

$-

 

Outstanding, April 30, 2022

 

 

1,200,000

 

 

$0.05

 

 

 

2.21

 

 

$-

 

Exercisable, April 30, 2022

 

 

1,200,000

 

 

$0.05

 

 

 

2.21

 

 

$-

 

Schedule of Fair Value Assumptions Used to Value Stock Options

Stock Price

 

$0.0125

 

Exercise Price

 

$0.070

 

Expected Remaining Term

 

 2.68 years

 

Volatility

 

 

302%

Annual Rate of Quarterly Dividends

 

 

0.00%

Risk Free Interest Rate

 

 

0.01%
Schedule of Warrant Activity

 

 

Stock Warrants Outstanding

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregate

 

 

 

Number of

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

 

Warrants

 

 

Price

 

 

Life (Years)

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, April 30, 2021

 

 

1,500,000

 

 

$0.021

 

 

 

1.02

 

 

$-

 

Granted May 19, 2021

 

 

8,150,000

 

 

$0.07

 

 

 

2.72

 

 

$-

 

Granted November 24, 2021

 

 

25,540,000

 

 

$0.021

 

 

 

4.48

 

 

$-

 

Granted April 18, 2022

 

 

27,780,000

 

 

$0.021

 

 

 

3.82

 

 

$-

 

Outstanding, April 30, 2022

 

 

62,970,000

 

 

$0.027

 

 

 

3.85

 

 

$-

 

Exercisable, April 30, 2022

 

 

62,970,000

 

 

$0.027

 

 

 

3.85

 

 

$-