Subsequent Event |
6 Months Ended |
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Oct. 31, 2016 | |
| Subsequent Event | |
| Subsequent Event |
Note 12. Subsequent Event On November 18, 2016, under the 2012 Equity incentive Plan the Company granted 500,000 five-year options to each of the two new directors elected at the annual meeting held that month. These options are exercisable at $0.27 per share. The options were valued at $40,000 each and vest over a three year term, subject to continued service. |
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- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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