Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

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Statements of Cash Flows (USD $)
 3 Months Ended 12 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Apr. 30, 2013
Net Income Loss      
Net loss $ (4,666,367) $ (510,517) $ (1,598,102)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock issued for services 1,201,608 319,181  
Loss on settlement of debt 3,973,795 0  
Loss on conversion of preferred stock 640,000 0  
Gain on forgiveness of debt (1,358,470) (71,742)  
Net amortization of discount/premium 0 (5,695)  
Change in assets and liabilities:      
(Increase) / decrease in accounts receivable 0 2,581  
(Increase) / decrease in inventory 0 (2,774)  
(Increase) / decrease in prepaid expenses 29,547 88,821  
Increase (decrease) in accounts payable 965 18,549  
Increase in accrued interest, related party 7,902 9,241  
Increase in accrued expenses 11,346 66,967  
Net cash used in operating activities (159,674) (85,388)  
Cash flows from investing activities:      
Payments towards acquisition (1,568,850) (195,750)  
Net cash used by investing activities (1,568,850) (195,750)  
Cash flows from financing activities:      
Proceeds from the sale of common stock 1,660,000 0  
Proceeds from notes payable 0 250,000  
Proceeds from borrowings, related party 77,853 39,757  
Repayment of debt, related party (2,594) 0  
Net cash provided by financing activities 1,735,259 289,757  
Net increase in cash 6,735 8,619  
Cash at beginning of period 199,303 15,723 15,723
Cash at end of period 206,038 24,342 199,303
Supplementary non-cash disclosures:      
Cash paid for interest 0 0  
Franchise and income taxes 0 0  
Common stock issued for debt $ 533,598 $ 98,596