Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet

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Balance Sheet (USD $)
Jul. 31, 2012
Apr. 30, 2012
Current Assets    
Cash $ 24,342 $ 15,723
Accounts receivable - net    2,581
Inventory 9,620 6,846
Prepaid on acquisition 1,069,980 874,230
Prepaid and other assets 101,716 159,350
Total Current Assets 1,205,658 1,058,730
Settlement Obligation Asset 1,028,778 1,028,778
Total Assets 2,234,436 2,087,508
Current Liabilities    
Accounts payable 424,181 730,068
Accrued expenses 41,103 407,463
Accrued interest, related party 20,702 11,461
Due to related parties 382,958 360,108
Due to an officer 202,769 185,862
Settlement Obligation Liabilities 2,225,313   
Loans payable 730,000 2,092,396
Total Current Liabilities 4,027,026 3,787,358
Long-term Liabilities    
Long-term debt, related party      
Total Liabilities 4,027,026 3,787,358
Commitments and Contingencies    
Preferred stock, authorized 10,000,000 shares, $0.0001 par value, 8,500 and 8,500 shares issued and outstanding, respectively 580,000 580,000
Stockholders' Equity (Deficit)    
Common Stock, authorized 1,490,000,000 shares, $0.0001 par value, 423,420,851 and 416,293,195 shares issued and outstanding, respectively 42,345 41,631
Additional paid in capital 37,943,587 37,526,524
Accumulated deficit (40,358,522) (39,848,005)
Total Stockholders' Equity (Deficit) (2,372,590) (2,279,850)
Total Liabilities and Stockholders' Equity (Deficit) $ 2,234,436 $ 2,087,508