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Annual report pursuant to Section 13 and 15(d)

Nature of Operations and Liquidity (Tables)

v3.2.0.727
Nature of Operations and Liquidity (Tables)
12 Months Ended
Apr. 30, 2015
Nature of Operations and Liquidity [Abstract]  
Schedule of Discontinued Operations

For the Year Ended

 

April 30,

 
   

2015

   

2014 

 

 

 

 

 
                         

Revenues

                  $     $ 549,125  
                                 

Costs and expenses:

                               

Instructional costs and services

                          494,213  

General and administrative

                          (29,751 )

Total costs and expenses

                          464,462  
                                 

Income (loss) from discontinued operations, net of income taxes

                  $     $ 84,663  

April 30,

2015

2014 

 

 

 

 

 

Assets

   

Cash and cash equivalents

  $     $  

Accounts receivable, net of allowance of $486,781, and $481,531, respectively

          5,250  

Other current assets

           

Net assets from discontinued operations

  $     $ 5,250  
                 

Liabilities

               

Accounts payable

  $     $  

Accrued expenses

           

Deferred revenue

           

Net liabilities from discontinued operations

  $     $