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NOTE 5 - PREPAID EXPENSES AND OTHER CURRENT ASSETS
6 Months Ended
Oct. 31, 2021
Notes  
NOTE 5 - PREPAID EXPENSES AND OTHER CURRENT ASSETS

NOTE 5 - PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

Prepaid expenses and other current assets as of October 31, 2021 and April 30, 2021 totaled $4,199,309 and $661,882, respectively. As of October 31, 2021, prepaid expenses and other current assets includes $3,660,227 prepayments to suppliers for merchandise that had not been shipped to us and services that had not been provided to us, and $539,082 for business related employees' advances. As of April 30, 2021, prepaid expenses and other current assets includes $435,006 prepayments to suppliers for merchandise that had not been shipped to us and services that had not been provided to us and $226,876 for business related employees' advances.