Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
9 Months Ended
Jan. 31, 2012
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 Company’s 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.