Due to Related Parties and Related Party Transactions

6 Months Ended

Oct. 31, 2016

Due to Related Parties and Related Party Transactions [Abstract]

Due to related parties and related party transactions

8. Due to related parties and related party transactions

During the six months ended October 31, 2016, the Company received $99,690 in additional cash loans from related parties of the Company and made repayments to related parties of $113,784. Total related party notes payable as of October 31, 2016 were $ 930,762. This balance is interest bearing at 5% per year on the principle balance, unsecured and has no fixed terms of repayment. During the six months ended October 31, 2016, the Company recorded interest expense of $ 22,124 with regard to the outstanding related party loans.