Annual report pursuant to Section 13 and 15(d)

11. COMMITMENTS AND CONTINGENCIES

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11. COMMITMENTS AND CONTINGENCIES
12 Months Ended
Apr. 30, 2014
Commitments and Contingencies Disclosure [Abstract]  
11. COMMITMENTS AND CONTINGENCIES

Operating Lease

 

The Company currently leases office space at 12510 Prosperity Drive, Suite 310, Silver Spring, Maryland 20904. The current lease is due to expire on July 31, 2016. Rent expense for the years ended April 30, 2014 and 2013 was $49,085 and $56,763, respectively.

 

Year     Amount  
  FY 2015     $ 49,629  
  FY 2016       51,117  
  Thereafter       12,873  
        $ 113,619