MARKETABLE SECURITIES

12 Months Ended

Apr. 30, 2015

MARKETABLE SECURITIES [Text Block]

NOTE 3. MARKETABLE SECURITIES.

Marketable securities consist of certificate of deposits and mutual funds for which fair values were based on quoted prices in active markets and were therefore classified within Level 1 of the fair value hierarchy. The following table is a summary of marketable securities recorded in the Company’s Consolidated Balance Sheets:

		April 30, 2015		April 30, 2014
Certificate of deposits	$	100,409	$	—
Mutual funds		259,448		—
Total	$	359,857	$	—