Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 6 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Cash flows from operating activities:    
Net loss $ (2,201,197) $ (2,251,937)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 385,369 105,454
Stock issued for compensation 209,453 184,140
Stock-based compensation - options 224,734 210,189
Change in assets and liabilities:    
(Increase) decrease in prepaid expenses and other current assets (26,128) 193,902
Increase (decrease) in accounts payable 42,697 (3,981)
Increase in accrued expenses 18,307 22,183
Net cash used in operating activities (1,346,765) (1,540,050)
Cash flows from investing activities:    
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of Series A Preferred Stock 1 0
Proceeds from sale of common stock, net issuance costs 883,500 1,395,000
Net cash provided by financing activities 883,501 1,395,000
Effect of currency rate exchange on cash (6,928) (7,331)
Net decrease in cash (470,192) (152,381)
Cash at beginning of the period 515,253 1,059,798
Cash at end of the period 45,061 907,417
Supplemental disclosure of cash flow information:    
Cash paid during the periods for taxes $ 800 $ 0