Quarterly report pursuant to Section 13 or 15(d)

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Jul. 31, 2015

Accounting Policies [Abstract]

Fair value of derivative liabilities

The following tables set forth by level within the fair value hierarchy, our derivative liability stated at fair value as of July 31, 2015 and April 30, 2015.

		July 31, 2015
		Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
		(Level 1)				(Level 2)				(Level 3)				Total
Warrants - Cashless		$	–			$	–			$	29,746			$	29,746
Total		$	–			$	–			$	29,746			$	29,746

		April 30, 2015
		Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
		(Level 1)				(Level 2)				(Level 3)				Total
Warrants - Cashless		$	–			$	–			$	492,049			$	492,049
Total		$	–			$	–			$	492,049			$	492,049

Changes in Level 3 liabilities

		Three Months Ended July 31, 2015					Three Months Ended July 31, 2014
		Fair Value Measurements Using Significant Unobservable Inputs (Level 3)					Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Balance, April 30, 2015		$	492,049			Balance, April 30, 2014	$	–
Gain on derivative liability included in net loss			(462,303	)		Loss on derivative liability included in net loss		–
Balance, July 31, 2015		$	29,746			Balance, July 31, 2014	$	–