Borrowings	9 Months Ended
Jan. 31, 2012
Borrowings [Abstract]
Borrowings	4. Borrowings: At January 31, 2012, the Company had one line of credit totaling $1,000,000. The unused line at January 31, 2012 was $383,293. During the current year these funds were primarily used for the purchase of inventory for the modifications and avionics operations. At January 31, 2012, there were several notes collateralized by aircraft security agreements totaling $1,906,704. These notes were used for the purchase and modifications of these collateralized aircraft. There are three notes at a bank totaling $2,008,675 for real estate located in Olathe, Kansas and Tempe, Arizona. The due date for these notes is in March 2013, and August 2016. One note with a balance of $514,177 is collateralized by the first and second position on all assets of the company. There are several other notes collateralized by automobiles and equipment totaling an additional $223,234. We have debt obligations of $1,215,219 as a result of our business development and acquisition activities. In January 2012, our subsidiary BHCMC, LLC began a five-year series of intangible lease payments to its non-controlling Member, BHC Investments, LC. The lease obligation was $7,339,355 at January 31, 2012 (SEE NOTE 5).

Borrowings

9 Months Ended

Jan. 31, 2012

4. Borrowings: At January 31, 2012, the Company had one line of credit totaling $1,000,000. The unused line at January 31, 2012 was $383,293. During the current year these funds were primarily used for the purchase of inventory for the modifications and avionics operations.

At January 31, 2012, there were several notes collateralized by aircraft security agreements totaling $1,906,704. These notes were used for the purchase and modifications of these collateralized aircraft.

There are three notes at a bank totaling $2,008,675 for real estate located in Olathe, Kansas and Tempe, Arizona. The due date for these notes is in March 2013, and August 2016.

One note with a balance of $514,177 is collateralized by the first and second position on all assets of the company. There are several other notes collateralized by automobiles and equipment totaling an additional $223,234.

We have debt obligations of $1,215,219 as a result of our business development and acquisition activities.

In January 2012, our subsidiary BHCMC, LLC began a five-year series of intangible lease payments to its non-controlling Member, BHC Investments, LC. The lease obligation was $7,339,355 at January 31, 2012 (SEE NOTE 5).