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Common Stock
9 Months Ended
Jan. 31, 2016
Equity [Abstract]  
Common Stock

NOTE 8 – COMMON STOCK

 

On October 12, 2015, the Company completed a private placement of its securities wherein it raised $424,100 (the “Offering”). The Offering consisted of the sale of “units” of the Company’s securities at the per unit price of $0.10. Pursuant to the Offering, the Company issued 4,241,000 shares of its common stock and warrants to purchase an additional 4,241,000 shares of its common stock. Warrants issued pursuant to the Offering entitle the holders thereof to purchase shares of common stock for the price of $0.20 per share. The term of each warrant is for five years commencing with its issuance date.