COMMITMENTS AND CONTINGENCIES

3 Months Ended

Jul. 31, 2018

COMMITMENTS AND CONTINGENCIES [Abstract]

NOTE 7 – COMMITMENTS AND CONTINGENCIES

There are no future minimum commitments or contingencies as of July 31, 2018 except for the following:

On June 6^th, 2018, the Company entered into a noncancelable operating lease on its headquarters requiring payments of $8,385 per month, with lease payments increase of 5% each year, ending on July 31, 2023. Future minimal rental payments under this noncancelable operating lease as of July 31 is:

July 31, 2019	$	103,555
2020		108,732
2021		114,169
2022		119,878
2023		125,871
Total	$	572,205

The Company has financial commitments of $302,755 for equipment purchases under its Joint Venture and its Canadian Joint Venture to the Patent Holder over the next twelve months.

The Company has not assessed its entire financial obligation or contingent liability for income tax withholding from the misclassification of independent contractors that be employees under the laws of the state of California. The California Supreme Court decision on April 30, 2018, held there is a presumption that all workers are employees, and a business classifying a worker as an independent contractor bears the burden of establishing such a classification is proper under a new test called the “ABC test.” This test or compliance thereof, by the Company could be held liable for penalties, interest, tax withholdings which we believe to be immaterial.