RELATED PARTY TRANSACTIONS (Details) (Narrative) (USD $)
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1 Months Ended | 3 Months Ended | 3 Months Ended | 1 Months Ended | 3 Months Ended | 12 Months Ended | |||
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May 31, 2013
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Jul. 31, 2013
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Jul. 31, 2012
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Apr. 30, 2013
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Apr. 30, 2013
Shareholder
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Jul. 31, 2013
Director and Shareholder
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May 31, 2013
Common Stock
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Jul. 31, 2013
Common Stock
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Apr. 30, 2013
Common Stock
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Related Party Transaction [Line Items] | |||||||||
Long-term debt, related party | $ 393,158 | ||||||||
Proceeds from borrowings, related party | 77,853 | 39,757 | |||||||
Shares issued for settlement of debt, shares | 26,000,000 | 26,075,000 | 3,592,656 | ||||||
Debt amount exchanged | 471,010 | ||||||||
Accrued interest on debt exchanged | 31,095 | ||||||||
Shares issued in exchange for debt, amount | 4,475,000 | ||||||||
Loss on settlement of debt | (3,973,795) | 0 | |||||||
Due to an officer | $ 224,974 | $ 227,569 | |||||||
Interest rate on related party debt | 8.00% |
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- Definition
The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amounts due to recorded owners or owners with a beneficial interest of more than 10 percent of the voting interests or officers of the company. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Portion of the carrying amount as of the balance sheet date of obligations due all related parties that is payable after one year or beyond the normal operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Identify the stated interest rate per the agreement, for example, leasing and debt arrangements between related parties. No definition available.
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