Note 2 - Summary of Significant Accounting Policies: Inventories (Policies)

9 Months Ended

Jan. 31, 2018

Policies

Inventories

INVENTORIES

Inventories, consisting of raw materials, work in process, and finished goods related to our products, are stated at the lower of cost or market (estimated net realizable value) utilizing the weighted average method. An allowance is established when management determines that certain inventories may not be saleable. If inventory costs exceed expected market value due to obsolescence or quantities in excess of expected demand, the Company will record reserves for the difference between the cost and the market value. These reserves are recorded based on estimates. At January 31, 2018 and April 30, 2017, the Company recorded a reserve for obsolete or slow-moving inventories of $178,776 and $163,048, respectively.