Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v3.8.0.1
Significant Accounting Policies (Tables)
9 Months Ended
Jan. 31, 2018
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Income per Share

As required to be disclosed for quarters with net income, basic and diluted income per share for the three months ended January 31, 2017, were calculated as follows:


 

 

Basic

 

 

Diluted

 

Numerator

 

 

 

 

 

 

Net income applicable to common stock

 

$

7,377

 

 

$

7,377

 

Convertible debt interest

 

 

 

 

 

4,010

 

 

 

$

7,377

 

 

$

11,387

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

11,467,345

 

 

 

11,467,345

 

Convertible debt

 

 

 

 

 

75,596

 

Warrants and options

 

 

 

 

 

1,498,029

 

 

 

 

11,467,345

 

 

 

13,040,970

 

 

 

 

 

 

 

 

 

 

Net income per share

 

$

0.00

 

 

$

0.00