Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheet

v2.4.0.8
Consolidated Balance Sheet (USD $)
Apr. 30, 2014
Apr. 30, 2013
Current Assets    
Cash $ 3,616,470 $ 199,303
Prepaid on acquisition 0 1,520,980
Prepaid and other assets 570,106 127,870
Total Current Assets 4,186,576 1,848,153
Licenses and patents 3,549,427 0
Investment in SG Austria 1,572,193 0
Other assets 7,854 0
Settlement obligation asset 0 1,028,778
Total Assets 9,316,050 2,876,931
Current Liabilities    
Accounts payable 188,044 351,996
Accrued expenses 7,803 12,300
Accrued interest, related party 33,960 52,259
Due to related parties 0 419,583
Due to an officer 143,859 201,143
Settlement obligation liabilities 0 2,341,106
Loans payable 0 420,000
Total Current Liabilities 373,666 3,798,387
Long-term Liabilities    
Long-term debt, related party 0 0
Total Liabilities 373,666 3,798,387
Commitments and Contingencies      
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, 690,615,714 and 482,106,348 shares issued and outstanding, respectively 69,063 48,211
Additional paid in capital 75,998,588 39,896,440
Common stock to be issued 1,574,860 0
Accumulated deficit (68,700,127) (41,446,107)
Total Stockholders' Equity (Deficit) 8,942,384 (1,501,456)
Total Liabilities and Stockholders' Equity (Deficit) $ 9,316,050 $ 2,876,931