NOTE 10 - SHAREHOLDERS' EQUITY

3 Months Ended

Jul. 31, 2013

Equity [Abstract]

NOTE 10 - SHAREHOLDERS' EQUITY

NOTE 10 – SHAREHOLDERS’ EQUITY

Common Stock

947,500 common shares were issued to 27 investors in the Company's S-1 offering for the aggregate sum of $39,700 in cash. The Regulation S-1 offering was declared effective by the Securities and Exchange Commission on October 23, 2012 and completed on April 18, 2013.

The authorized common stock of the Company consists of 100,000,000 shares with a par value of $0.001. There were 2,947,500 shares of common stock issued and outstanding as of July 31, 2013.

Preferred Stock

The authorized preferred stock of the Company consists of 10,000,000 shares with a par value of $0.001. The Company has not issued any shares of Class A Convertible Preferred Stock as of July 31, 2013.

Pertinent Rights and Privileges

Preferred stockholders of Class A Convertible Preferred Stock do not have pre-emptive or preferential rights to subscribe to unissued stock or other securities. These stockholders do not have cumulative voting rights.