NOTE 6 - CONVERTIBLE NOTE

6 Months Ended

Oct. 31, 2016

Convertible Notes Payable [Abstract]

NOTE 6 - CONVERTIBLE NOTE

NOTE 6 – CONVERTIBLE NOTE

On January 31, 2016, the Company issued convertible notes of $51,221 for the payment of promissory notes of $51,211 (note 5). Unpaid balances are due on January 31, 2018 and accrue an annual interest at the rate of 4%. The Holders have the right, at any time to convert any part of outstanding Principal balance of this note into shares of the Company’s common stock at a conversion rate of $0.01 per share.

During the year ended April 30, 2016, the Company recorded as discount on the convertible note due to a beneficial conversion feature of $51,221.

	October 31,		April 30,
	2016		2016
Convertible Notes	$	51,221	$	51,221
Less unamortized notes discount		(32,012)		(44,818)
		19,209		6,403
Less current portion of convertible notes		-		-
Long-term convertible notes payable	$	19,209	$	6,403

During the six months ended October 31, 2016 and 2015, the amortization on the convertible note discount recorded as interest expense is $12,806 and $0, respectively.

During the six months ended October 31, 2016 and 2015, the interest expense accrued on the convertible notes is $1,032 and $0, respectively. As of October 31, 2016 and April 30, 2016, the convertible notes had accrued interest of $1,537 and $505, respectively.