RISKS AND UNCERTAINTIES

9 Months Ended

Jan. 31, 2020

RISKS AND UNCERTAINTIES

RISKS AND UNCERTAINTIES

NOTE 15 – RISKS AND UNCERTAINTIES

We are closely monitoring the coronavirus (COVID-19) pandemic and its potential impacts on our business.  The recent outbreak of COVID-19, first identified in Wuhan, Hubei Province, China, continues to spread worldwide, causing weakened international economic conditions.  It could cause disruptions to our business, as well as impact our suppliers or their manufacturers, because of worker absenteeism, quarantines, or other travel or health-related restrictions as a result of COVID-19 outbreaks or concerns.  If our suppliers or their manufacturers are so affected, our supply chain could be disrupted, our product shipments could be delayed, our costs could be increased and our business could be adversely affected.  The extent to which COVID-19 impacts our business will depend on future developments, which are highly uncertain and cannot be predicted, including new information which may emerge on the severity of COVID-19 and the success of efforts to contain or treat COVID-19, among other factors.