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Related Party Transactions
6 Months Ended
Oct. 31, 2014
Notes to Financial Statements  
NOTE 4 - Related Party Transactions

On September 30, 2013, the Company entered into a consulting agreement with Michael Soursos, the President of the Company, on an independent contractor basis. The duration of the contract is for 36 months through October 31, 2016 unless terminated earlier by mutual consent. The monetary terms are as follows; $4,000 per month for the first six months, $5,000 per month for the next six months and then $7,500 for the remaining 24 months of the agreement.

 

Mr Soursos provides management services to the Company for at least 80 hours per month.

 

On April 30, 2014, the shareholder loans of $32,187 were forgiven by the shareholder and recorded as additional paid-in capital.