NOTE 11 - SHAREHOLDERS' EQUITY

9 Months Ended

Jan. 31, 2014

Equity [Abstract]

NOTE 11 - SHAREHOLDERS' EQUITY

NOTE 11 – SHAREHOLDERS’ EQUITY

Common Stock

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 January 31, 2014.

In June 2011, the Company issued 2,000,000 restricted shares, at $0.01 per share, and totaling $20,000 to two of its officers-directors.

On April 18, 2013, the Company issued 947,500 shares at $0.04 per share, and totaling $37,900 in cash.

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 January 31, 2014.

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.