LEGAL PROCEEDINGS (Details) (Narrative) (USD $)
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3 Months Ended | |
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Jul. 31, 2013
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Apr. 30, 2013
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Commitments and Contingencies Disclosure [Abstract] | ||
Cash paid for litigation settlement | $ 702,061 | |
Settlement obligation liabilities | 0 | 2,341,106 |
Stock pledged as collateral | 8,230,637 | |
Settlement obligation asset | 0 | 1,028,778 |
Gain on settlement of debt | $ 1,312,328 |
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- Definition
Stock Pledged As Security for Payment Of Indebtedness No definition available.
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- Definition
Other assets that are held for sale apart from normal operations, not otherwise included elsewhere in the taxonomy and which are anticipated to be sold in less than one year, but by their nature which are not considered current (originally classified based on not being realized or converted to working capital within one year of the date of the statement of financial position or operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net proceeds or assets obtained in excess of (less than) the net carrying amount of assets recorded, or assets distributed and liabilities assumed less than (in excess of) estimated litigation liability extinguished, in settlement of a litigation matter. Represents (for other than an insurance entity in its normal claims settlement process), the amount of income (expense) recognized in the period to settle pending or threatened litigation and insurance claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for the settlement of litigation or for other legal issues during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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