SUBSCRIPTION RECEIVABLE

3 Months Ended

Jul. 31, 2018

SUBSCRIPTION RECEIVABLE [Abstract]

SUBSCRIPTION RECEIVABLE

NOTE 15 – SUBSCRIPTION RECEIVABLE

During the three months ended July 31, 2018, the Company issued a net total of 6,500,000 shares of common stock for $0.20 per share in the private placement offering conducted in connection with the Merger. The total of $50,000 of that private placement offering had not been received as of July 31, 2018 and this amount is presented on the balance sheet as common stock subscription receivable, a contra-equity account. In addition, $13,000 of the escrow account was not remitted by the escrow agent as of July 31, 2018. The Company collected the $63,000 subsequent to July 31, 2018.