COMMON STOCK

9 Months Ended

Jan. 31, 2014

COMMON STOCK [Text Block]

NOTE 3. COMMON STOCK.

The authorized capital of the Company is 1,500,000,000 common shares, par value $0.001 per share. On April 28, 2011, the Company issued 750,000,000 shares of common stock at a price of $0.000003 per share for total cash proceeds of $2,500. In March and April, 2012, the Company issued 154,500,000 shares of common stock at a price of $0.00016 per share for total cash proceeds of $25,750.

In July 2013, the Company completed a private placement (the “Private Placement”) by offering for sale 49,330,000 shares of common stock at a price of $0.03 per share for total gross cash proceeds of $1,479,900. The Company incurred costs related to the Private Placement in the amount of $31,104 ; the amount was recorded as a reduction to the Company’s additional-paid-in-capital.