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STOCKHOLDERS' EQUITY
 12 Months Ended
Apr. 30, 2020
STOCKHOLDERS' EQUITY  
STOCKHOLDERS' EQUITY

 

 

 

NOTE 10—STOCKHOLDERS' EQUITY

 

The changes in shares of common stock outstanding as of April 30 of each year 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, April 30

 

5,995,750

 

5,995,750