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Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

v3.3.0.814
Subsequent Event
6 Months Ended
Oct. 31, 2015
Subsequent Event [Abstract]  
Subsequent Event

Note 11. Subsequent Event

 

On November 20, 2015, the Company amended its Equity Inventive Plan by 4,000,000 shares increasing the total number of authorized plan shares to 20,300,000. Effective that date, the Board granted 250,000 options to each of three directors for service on a special committee. The exercise price is $0.165 and the fair value of each 250,000 grant is $12,500. The options vest over 3 years.