CONCENTRATION OF SALES AND SEGMENTED DISCLOSURE

3 Months Ended

Jul. 31, 2018

CONCENTRATION OF SALES AND SEGMENTED DISCLOSURE [Abstract]

CONCENTRATION OF SALES AND SEGMENTED DISCLOSURE

NOTE 11 – CONCENTRATION OF SALES AND SEGMENTED DISCLOSURE

For the three month periods ended July 31, 2018 and July 31, 2017, there were no concentration of sales with respect to the Company’s revenues. Revenue for all customers during these three periods was in the form of product sales and services. No single customer made up more than 10% or more of total revenues.

The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.

The Company only applies the five-step model to contracts when it is probable the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. The Company recognizes as revenues the amount of the transaction price is allocated to the respective performance obligation when the performance obligation is satisfied or as it is satisfied. Generally, the Company’s performance obligations are transferred to customers at a point in time, typically upon delivery.