Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet

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Balance Sheet (USD $)
Jul. 31, 2013
Apr. 30, 2013
Current Assets    
Cash $ 206,038 $ 199,303
Prepaid on acquisition 1,500,000 1,520,980
Prepaid and other assets 98,323 127,870
Total Current Assets 1,804,361 1,848,153
Other asset 1,589,830 0
Settlement obligation asset 0 1,028,778
Total Assets 3,394,191 2,876,931
Current Liabilities    
Accounts payable 295,569 351,996
Accrued expenses 23,646 12,300
Accrued interest, related party 29,966 52,259
Due to related parties 0 393,157
Due to an officer 224,974 227,569
Settlement obligation liabilities 0 2,341,106
Loans payable 420,000 420,000
Total Current Liabilities 994,155 3,798,387
Total Liabilities 994,155 3,798,387
Commitments and Contingencies      
Preferred stock, authorized 10,000,000 shares, $0.0001 par value, 5,000 and 8,500 shares issued and outstanding, respectively 500,000 580,000
Stockholders' Equity (Deficit)    
Common Stock, authorized 1,490,000,000 shares, $0.0001 par value, 536,941,348 and 482,106,348 shares issued and outstanding, respectively 53,695 48,211
Additional paid in capital 47,858,815 39,896,440
Common stock to be issued 100,000 0
Accumulated deficit (46,112,474) (41,446,107)
Total Stockholders' Equity (Deficit) 1,900,036 (1,501,456)
Total Liabilities and Stockholders' Equity (Deficit) $ 3,394,191 $ 2,876,931