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STOCKHOLDERS' EQUITY
 6 Months Ended
Oct. 31, 2019
STOCKHOLDERS' EQUITY  
STOCKHOLDERS' EQUITY

NOTE 9—STOCKHOLDERS' EQUITY

 

The shares of common stock outstanding as of each six month period ended as of October 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, October 31

 

5,995,750

 

5,995,750