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Note 12 - Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)
12 Months Ended
Apr. 30, 2015
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

 

Fiscal Years Ended April 30,

 

2015

2014

Income tax benefit at federal statutory rate

   $    (1,500,351)

  $   (1,042,379)

State income taxes, net of federal benefit

             (176,512)

          (122,633)

Permanent differences

                 36,608 

              56,553 

U.S. tax rate in excess of foreign tax rate

               (56,858)

            349,550 

Valuation allowances

           1,806,454 

            758,909 

     Tax provision

   $         109,341 

  $                     0