3. ACCRUED EXPENSES (Details Narrative) - USD ($) |
12 Months Ended | |
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Apr. 30, 2020 |
Apr. 30, 2019 |
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Director and Officer insurance financing | $ 113,245 | $ 0 |
Director and Officer Insurance | ||
Director and Officer insurance financing | $ 113,245 | |
Policy period | March 8, 2020 through March 8, 2021 | |
Financed interest rate | 4.25% | |
Payment period | 8 monthly payments | |
Payment amount | $ 12,806 |
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- Definition Director and Officer insurance financing No definition available.
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- Definition Policy period No definition available.
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- Definition Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of the carrying amount of short-term borrowings outstanding as of the balance sheet date which accrues interest at a set, unchanging rate. No definition available.
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- Details
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