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Concentration Risk
12 Months Ended
Apr. 30, 2016
Risks and Uncertainties [Abstract]  
Concentration Risk

NOTE 12 – CONCENTRATION RISK

 

The Company conducts business in China. Consequently, any political, economic and social unrest and/or instability in China may adversely affect the Company’s business operations. In particular, instability in the supply of raw green beans to China could result in a decrease in the availability of coffee beans needed for the continued operation and growth of the Company’s business. It could also lead to an increase in the purchasing costs and increased operating costs. This may adversely affect the Company’s business.

 

As of April 30, 2016, approximately 90% of the Company’s revenue and 96% of the accounts receivables were derived from one customer. The Company anticipates that the reliance on one customer will decline in the future as it obtains new customers and increases its revenue.