11. SUBSEQUENT EVENTS
|6 Months Ended|
Oct. 31, 2015
|Subsequent Events [Abstract]|
On November 27, 2015, the Company made a payment of $100,000 to Austrianova pursuant to the Cannabis Licensing Agreement.
From November 1, 2015 to December 3, 2015, the Company issued 3,383,079 shares of common stock under the S-3 Registration Statement. The issuance of the shares resulted in gross proceeds to the Company of approximately $301,000.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
No definition available.