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Statement of Financial Position - USD ($)
Apr. 30, 2020
Apr. 30, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 1,137,920 $ 294,199
Accounts receivable, net 2,713,567 2,985,166
Accounts receivable - related party 3,034,365 2,477,659
Inventories, net 12,874,497 11,991,956
Prepaid expenses and other current assets 693,552 1,676,347
Assets held for sale 0 4,143,059
Total Current Assets 20,453,901 23,568,386
Property and equipment, net 8,901,548 8,993,397
Non-current assets held for sale 0 2,925,706
Total Assets 29,355,449 35,487,489
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 8,533,131 7,680,049
Short-term loans 3,378,380 6,079,983
Due to related parties 5,072,451 6,408,521
Current liabilities held for sale 0 988,748
Total Current Liabilities 16,983,962 21,157,301
Long-term loans 0 9,845,706
Non-current liabilities of held for sale 0 947,445
Total Liabilities 16,983,962 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 April 30, 2020 and 2019, respectively 199,633 199,633
Additional paid-in capital 47,732,350 37,681,279
Accumulated deficit (40,118,394) (38,735,711)
Accumulated other comprehensive income 4,557,898 4,391,836
Total Stockholders' Equity 12,371,487 3,537,037
Total Liabilities and Stockholders' Equity $ 29,355,449 $ 35,487,489