NOTE K - INCOME TAXES (Tables)

12 Months Ended

Apr. 30, 2016

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the federal statutory income tax rate to the Company’s effective income tax rate is as follows:

	Years Ended December 31,
	2015			2014
Federal statutory income tax rate		(34.0	)%		(34.0	)%
State income taxes, net of federal benefit		(11.0	)		(11.0	)
Permanent differences		23.6			14.7
Change in valuation allowance		21.4			30.3
Provision for income taxes		0.0	%		0.0	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Components of deferred tax assets as of April 30, 2016 and 2015 are as follows:

	April 30,
	2016				2015
Noncurrent:
Net operating loss carry forward		$	19,682,788			$	18,494,908
Valuation allowance			(19,682,788	)			(18,494,908	)
Net deferred tax asset		$	-			$	-