STOCKHOLDERS' EQUITY

9 Months Ended

Jan. 31, 2019

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

NOTE 7—STOCKHOLDERS' EQUITY

The shares of common stock outstanding as each nine month period ended as of January 31 are summarized as follows:

	2019	2018
Balance, May 1	5,995,750	5,995,750
Shares released from treasury for restricted stock grants	—	—
Newly issued shares for restricted stock grants	—	—
Shares reverted to treasury for restricted stock forfeitures	—	—
Balance, January 31	5,995,750	5,995,750