Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheet

v2.4.0.8
Consolidated Balance Sheet (USD $)
Jan. 31, 2014
Apr. 30, 2013
Current Assets    
Cash $ 864,895 $ 199,303
Prepaid on acquisition 0 1,520,980
Prepaid and other assets 675,807 127,870
Total Current Assets 1,540,702 1,848,153
Licenses 2,549,427 0
Investment in SG Austria 1,572,195 0
Settlement obligation asset 0 1,028,778
Total Assets 5,662,324 2,876,931
Current Liabilities    
Accounts payable 167,681 351,996
Accrued expenses 51,773 12,300
Accrued interest, related party 34,834 52,259
Due to related parties 0 393,157
Due to officers and directors 204,989 227,569
Settlement obligation liabilities 0 2,341,106
Loans payable 20,000 420,000
Total Current Liabilities 479,277 3,798,387
Total Liabilities 479,277 3,798,387
Preferred stock, authorized 10,000,000 shares, $0.0001 par value, 0 and 8,500 shares issued and outstanding, respectively 0 580,000
Stockholders' Equity (Deficit)    
Common Stock, authorized 1,490,000,000 shares, $0.0001 par value, 602,958,014 and 482,106,348 shares issued and outstanding, respectively 60,296 48,211
Additional paid in capital 55,402,067 39,896,440
Stock subscription receivable (50,000) 0
Common stock to be issued 2,000,000 0
Accumulated deficit (52,229,316) (41,446,107)
Total Stockholders' Equity (Deficit) 5,183,047 (1,501,456)
Total Liabilities and Stockholders' Equity (Deficit) $ 5,662,324 $ 2,876,931