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NOTE 14 - RELATED PARTY TRANSACTIONS
12 Months Ended
Apr. 30, 2015
Related Party Transactions [Abstract]  
NOTE 14 - RELATED PARTY TRANSACTIONS

NOTE 14 - RELATED PARTY TRANSACTIONS

 

Advances from shareholders

 

From time to time, stockholders of the Company advance funds to the Company for working capital purposes. Those advances are unsecured, non-interest bearing, and due on demand.

 

Advances from our former CEO/majority shareholder, during the year ended April 30, 2015 totaled $23,673.

 

On January 30, 2015, our former CEO/majority shareholder waived in full, $47,403 of related party advances and which was recorded as additional paid in capital.

 

Other

 

Our former CEO had provided office space without charge. Rental expense is recorded in the financial statements as additional paid-in capital and totaled $3,600 for the years ended April 30, 2015 and 2014.