NOTE 4 - INTANGIBLES

12 Months Ended

Apr. 30, 2016

Finite-Lived Intangible Assets, Net [Abstract]

NOTE 4 - INTANGIBLES

NOTE 4 – INTANGIBLES

Intangibles consisted of:

	April 30,	April 30,
	2016	2015
Viralpwnage.com	89,792	250,000
Less accumulated amortization	83,333	-
Intangibles, net	6,459	250,000

The intangible assets are amortized over an estimated useful life of 3 years. Amortization expenses were $83,333 and $0 for the years ended April 30, 2016 and 2015, respectively. We determined the implied fair value of intangibles was substantially below the carrying value being reported. Accordingly, we recognized an impairment loss of $160,208, for the year ended April 30, 2016. No impairment of intangibles was recognized for the year ended April 30, 2015.