Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Cash flows from operating activities:    
Net loss $ (1,215,363) $ (1,688,415)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 45,800 28,032
Stock issued for compensation 92,070 171,600
Stock based compensation - options 113,225 244,701
Change in assets and liabilities:    
Decrease in prepaid expenses and other current assets 103,250 23,082
Increase in accounts payable 222,394 262,584
Increase in accrued expenses 16,381 22,849
Net cash used in operating activities (622,243) (935,567)
Cash flows from investing activities:    
Net cash provided by (used in) investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance costs 1,395,000 1,751,409
Net cash provided by financing activities 1,395,000 1,751,409
Effect of currency rate exchange on cash (1,273) (1,718)
Net increase in cash 771,484 543,446
Cash at beginning of the period 1,059,798 3,464,229
Cash at end of the period $ 1,831,282 $ 4,278,353