STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Apr. 30, 2018

STOCKHOLDERS' EQUITY

Summary of changes in shares of common stock outstanding

	2018	2017
Balance, May 1	5,995,750	5,615,750
Shares released from treasury for restricted stock grants	—	717,795
Newly issued shares for restricted stock grants	—	12,205
Shares reverted to treasury for restricted stock forfeitures	—	(350,000)
Balance, April 30	5,995,750	5,995,750