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Statement of Financial Position - USD ($)
Jan. 31, 2020
Apr. 30, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 156,509 $ 294,199
Accounts receivable, net of allowance for doubtful accounts of $75,874 and $78,159, respectively 1,448,007 2,985,166
Accounts receivable - related party 2,644,820 2,477,659
Inventories, net 12,814,973 11,991,956
Prepaid expenses and other current assets 1,408,253 1,676,347
Assets held for sale 0 4,143,059
Total Current Assets 18,472,562 23,568,386
Property and equipment, net 9,188,469 8,993,397
Non-current assets held for sale 0 2,925,706
Total Assets 27,661,031 35,487,489
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 7,847,490 7,680,049
Short-term loans 10,874,551 6,079,983
Due to related parties 4,993,624 6,408,521
Current liabilities held for sale 0 988,748
Total Current Liabilities 23,715,665 21,157,301
Long-term loans 1,556,936 9,845,706
Non-current liabilities of held for sale 0 947,445
Total Liabilities 25,272,601 31,950,452
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.001 par value; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized; 199,632,803 and 199,632,803 shares issued and outstanding as of January 31, 2020 and April 30, 2019, respectively 199,633 199,633
Additional paid-in capital 37,681,279 37,681,279
Accumulated deficit (39,876,472) (38,503,256)
Accumulated other comprehensive income 4,383,990 4,159,381
Total Stockholders' Equity 2,388,430 3,537,037
Total Liabilities and Stockholders' Equity $ 27,661,031 $ 35,487,489