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STOCKHOLDERS' EQUITY
9 Months Ended
Jan. 31, 2020
STOCKHOLDERS' EQUITY  
STOCKHOLDERS' EQUITY

NOTE 9—STOCKHOLDERS' EQUITY

 

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

 

 

 

 

 

 

 

 

 

 

    

2020

 

2019

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