Subsequent Events
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9 Months Ended |
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Jan. 31, 2012
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Subsequent Events | |
Subsequent Events [Text Block] |
NOTE 13 - SUBSEQUENT EVENTS
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 January 31, 2012 the Companys CEO loaned the Company an additional $60,000. The loan will accrue interest at 8% and be due within one year. Subsequent to January 31, 2012 the Company entered into a settlement agreement with Avaya and CIT Technology Financing Services which relieved the Company from any and all future obligations. |