Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Oct. 31, 2015
Apr. 30, 2015
Current Assets:    
Cash $ 2,312,430 $ 2,699,737
Prepaid expenses and other current assets 74,757 119,257
Deposit 125,000 0
Total current assets 2,512,187 2,818,994
Other assets:    
Intangibles 3,549,427 3,549,427
Investment in SG Austria 1,572,193 1,572,193
Other assets 7,854 7,854
Total other assets 5,129,474 5,129,474
Total Assets 7,641,661 7,948,468
Current Liabilities:    
Accounts payable 427,208 496,699
Accrued expenses 52,797 23,667
Derivative liability 0 492,049
License agreement obligation 600,000 1,000,000
Total current liabilities 1,080,005 2,012,415
Total Liabilities 1,080,005 $ 2,012,415
Commitments and Contingencies (Notes 8 and 9)  
Preferred stock, authorized 10,000,000 shares, $0.0001 par value, 0 shares issued and outstanding, respectively 0 $ 0
Stockholders' Equity    
Common stock, authorized 1,490,000,000 shares, $0.0001 par value, 747,443,744 and 732,760,536 shares issued and outstanding as of October 31, 2015 and April 30, 2015, respectively 74,749 73,273
Additional paid in capital 87,685,381 85,415,954
Accumulated deficit (81,200,061) (79,554,636)
Accumulated other comprehensive income 1,587 1,462
Total stockholders' equity 6,561,656 5,936,053
Total Liabilities and Stockholders' Equity $ 7,641,661 $ 7,948,468