Annual report pursuant to Section 13 and 15(d)

15. QUARTERLY FINANCIAL INFORMATION (Tables)

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15. QUARTERLY FINANCIAL INFORMATION (Tables)
12 Months Ended
Apr. 30, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly financial information

      Quarter Ended 31 July       Quarter Ended 31 Oct       Quarter Ended 31 Jan       Quarter Ended 30 April  
2015                                
Net revenue   $     $     $     $  
Cost of revenue                        
Gross profit                        
Operating expenses     1,583,160       6,200,845       1,456,554       4,020,176  
Other income (expenses), net     (1,664 )     3,336,402       (1,496 )     (213 )
Net loss   $ (1,584,824 )   $ (2,864,443 )   $ (1,458,050 )   $ (4,020,389 )
Net loss per common share, Basic and Diluted   $ (0.00 )   $ (0.01 )   $ (0.00 )   $ (0.01 )

 

 

      Quarter Ended 31 July       Quarter Ended 31 Oct       Quarter Ended 31 Jan       Quarter Ended 30 April  
2014                                
Net revenue   $     $     $     $  
Cost of revenue                        
Gross profit                        
Operating expenses     1,400,691       448,570       681,080       16,448,801  
Other income (expenses), net     (3,265,676 )     (5,209,500 )     222,308       (22.010 )
Net loss   $ (4,666,367 )   $ (5,658,070 )   $ (458,772 )   $ (16,470,811 )
Net loss per common share, Basic and Diluted   $ (0.01 )   $ (0.01 )   $ (0.00 )   $ (0.03 )