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 410,635 1,468,281
Deposit 125,000 0
Total current assets 2,848,065 4,168,018
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 7,977,539 9,297,492
Current Liabilities:    
Accounts payable 427,208 496,699
Accrued expenses 52,797 23,667
License agreement obligation 600,000 1,000,000
Total current liabilities 1,080,005 1,520,366
Total Liabilities 1,080,005 $ 1,520,366
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 88,599,651 86,330,224
Accumulated deficit (81,778,453) (78,627,833)
Accumulated other comprehensive income 1,587 1,462
Total stockholders' equity 6,897,534 7,777,126
Total Liabilities and Stockholders' Equity $ 7,977,539 $ 9,297,492