Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events
6 Months Ended
Oct. 31, 2011
Subsequent Events  
Subsequent Events [Text Block]



The Company has performed an evaluation of subsequent events in accordance with ASC Topic 855.  Other than the events noted below, the Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements.


Subsequent to October 31, 2011 and prior to November 30, 2011, the Company authorized the issuance of 2,325,000 shares of common stock to its various officers for compensation.


Subsequent to October 31, 2011 and prior to December 12, 2011, the Company was able to substantially decrease some of the accounts payable due to payment of a loan and payments associated with lawyer’s and other bills totaling ~$160,000.


No material changes to the original agreement with SG Austria have occurred prior to December 12, 2011 and written extensions have been received from SG Austria for October, November and December 2011.