Annual report pursuant to Section 13 and 15(d)

Shareholders Equity

v2.4.0.6
Shareholders Equity (USD $)
Common Stock
Additional Paid-In Capital
Common Stock Not Yet Issued
Retained Earnings / Accumulated Deficit
Total
Beginning balance, amount at Apr. 30, 2010 $ 34,839 $ 34,064,993   $ (36,550,977) $ (2,451,145)
Beginning balance, shares at Apr. 30, 2010 348,387,581        
Forgiveness of related party debt   42,897     42,897
Issuance of common stock for cash, shares 5,000,000        
Issuance of common stock for cash, amount 500 99,500     100,000
Issuance of common stock for compensation, shares 3,750,000        
Issuance of common stock for compensation, amount 375 91,875     92,250
Stock not yet issued for compensation     37,750   37,750
Stock issued on stock payable, shares   175,000     175,000
Equity recognized on convertible preferred stock   (80,000)     (80,000)
Contributed capital   21,390     64,288
Shares pledged as collateral     730,281   730,281
Net Income (Loss)       (1,397,716) (1,397,716)
Ending balance, amount at Apr. 30, 2011 35,714 34,415,655 768,031 (37,948,693) (2,729,293)
Ending balance, shares at Apr. 30, 2011 357,137,581        
Issuance of common stock for cash, shares 500,000        
Issuance of common stock for cash, amount 50 20,950     21,000
Issuance of common stock for compensation, shares 23,575,000        
Issuance of common stock for compensation, amount 2,358 1,196,272 (37,750)   1,160,880
Issuance of common stock for services, shares 8,550,000        
Issuance of common stock for services, amount 855 408,545     409,440
Stock issued on stock payable, shares 14,605,614        
Stock issued on stock payable, amount 1,461 728,820 (730,281)    
Shares issued for repayment of cash advances, shares 9,250,000        
Shares issued for repayment of cash advances, amount 925 599,075     600,000
Contributed capital           
Shares issued for incentive for cash advances, shares 1,650,000        
Shares issued for incentive for cash advances, amount 165 101,585     101,750
Shares issued for settlement of debt, shares 1,025,000        
Shares issued for settlement of debt, amount 103 55,622     55,725
Net Income (Loss)       (1,899,312) (1,899,312)
Ending balance, amount at Apr. 30, 2012 $ 41,631 $ 37,526,524   $ (39,848,005) $ (2,279,850)
Ending balance, shares at Apr. 30, 2012 416,293,195