v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Jan. 31, 2020
Apr. 30, 2019
Current Assets:    
Cash $ 142,242 $ 515,253
Prepaid expenses and other current assets 66,952 138,151
Total current assets 209,194 653,404
Other assets:    
Intangibles 3,549,427 3,549,427
Investment in SG Austria 1,572,193 1,572,193
Other assets 7,372 7,372
Total other assets 5,128,992 5,128,992
Total Assets 5,338,186 5,782,396
Current Liabilities:    
Accounts payable 340,494 121,885
Accrued expenses 678,360 620,966
Total current liabilities 1,018,854 742,851
Total Liabilities 1,018,854 742,851
Stockholders' Equity    
Preferred stock, authorized 10,000,000 shars, $0.0001 par value: Series A Preferred Stock, 0 and 0 shares issued and outstanding as of January 31, 2020 and April 30, 2019, respectively 0 0
Common stock: authorized 2,490,000,000 shares, $0.0001 par value, 1,428,471,172 and 1,186,004,505 shares issued and outstanding as of January 31, 2020 and April 30, 2019, respectively 142,847 118,600
Additional paid in capital 107,305,733 104,966,158
Accumulated deficit (103,107,876) (100,031,371)
Accumulated other comprehensive loss (21,372) (13,842)
Total stockholders' equity 4,319,332 5,039,545
Total Liabilities and Stockholders' Equity $ 5,338,186 $ 5,782,396

Source

v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2020
Jan. 31, 2019
Revenues:        
Revenue $ 0 $ 0 $ 0 $ 0
Operating Expenses:        
Research and development costs 113,296 59,144 203,566 442,039
Compensation expense 406,006 371,571 1,305,346 1,199,252
Director fees 79,269 50,000 237,765 189,502
Legal and professional 116,531 57,224 342,142 242,318
General and administrative 160,206 138,408 987,686 855,173
Total operating expenses 875,308 676,347 3,076,505 2,928,284
Loss from operations (875,308) (676,347) (3,076,505) (2,928,284)
Net loss $ (875,308) $ (676,347) $ (3,076,505) $ (2,928,284)
Basic and diluted loss per share $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted average shares outstanding basic and diluted 1,375,499,976 1,126,904,505 1,284,500,731 1,084,053,016

Source

v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Cash flows from operating activities:    
Net loss $ (3,076,505) $ (2,928,284)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 411,461 140,884
Stock issued for compensation 309,691 245,520
Stock-based compensation - options 309,170 282,673
Change in assets and liabilities:    
Increase in prepaid expenses and other current assets 71,199 215,583
Increase (decrease) in accounts payable 218,608 (218,945)
Increase in accrued expenses 57,395 46,020
Net cash used in operating activities (1,698,981) (2,216,549)
Cash flows from investing activities:    
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of Series A Preferred Stock 1 0
Repurchase of Series A Preferred Stock (1) 0
Proceeds from sale of common stock, net issuance costs 1,333,500 1,860,000
Net cash provided by financing activities 1,333,500 1,860,000
Effect of currency rate exchange on cash (7,530) (3,787)
Net decrease in cash (373,011) (360,336)
Cash at beginning of the period 515,253 1,059,798
Cash at end of the period 142,242 699,462
Supplemental disclosure of cash flow information:    
Cash paid during the periods for taxes $ 800 $ 0

Source