Note 13 - Stockholders' Equity

12 Months Ended

Apr. 30, 2014

Notes

Note 13 - Stockholders' Equity

NOTE 13 - STOCKHOLDERS' EQUITY

Common stock

At April 30, 2014 and 2013, we are authorized to issue 200,000,000 shares of common stock. We had 173,882,803 and 173,882,803 shares outstanding on April 30, 2014 and 2013, respectively.

Common stock purchase warrants

Warrant activities for the years ended April 30, 2014 and 2013 were summarized as follows:

	Year Ended April 30, 2014		Year Ended April 30, 2013
	Number of Warrants	Weighted Average Exercise Price	Number of Warrants	Weighted Average Exercise Price
Balance at beginning of year	26,666,666	$               0.35	26,666,666	$                0.35
Issued	0	0	0	0
Exercised	0	0	0	0
Cancelled	(26,666,666)	(0.35)	0	0
Balance at end of year	0	$                     0	26,666,666	$                0.35
Warrants exercisable at end of year	0	$                     0	26,666,666	$                0.35