Quarterly report pursuant to Section 13 or 15(d)

8. WARRANTS

v2.4.0.8
8. WARRANTS
6 Months Ended
Oct. 31, 2013
Warrants and Rights Note Disclosure [Abstract]  
WARRANTS

A summary of the status of the Company's outstanding warrants for Common Stock as of October 31, 2013 and April 30, 2013 and changes during the periods is presented below:

 

    Warrants     Weighted
Average
Price
    Weighted
Average
Fair Value
 
Outstanding, April 30, 2013     59,433,600     $ 0.125     $ 0.064  
Issued                  
Outstanding, October 31, 2013     59,433,600       0.125       0.064  
Exercisable, October 31, 2013     59,433,600     $ 0.125     $ 0.064  
                         
Range of
Exercise
Prices
    Number Outstanding at 7/31/13       Weighted Average Remaining Contractual Life       Weighted Average Exercise Price  
$0.075, $0.12, and $0.18     59,433,600       4.42     $ 0.125