STOCK OPTION PLANS (Tables)

12 Months Ended

Apr. 30, 2013

Share Based Compensation Arrangement By Share Based Payment Award Options Granted Outstanding And Exercisable

The following is a summary of information with respect to stock options granted under the 2002 Plan, 2006 Incentive Stock Plan and 2007 Incentive Stock Plan at April 30, 2013 and 2012:

	Options Outstanding at April 30, 2013				Options Exercisable at April 30, 2013
Exercise prices	Shares under option	Weighted- average remaining life in years		Weighted- average Exercise Price	Shares under option		Weighted-average Exercise Price

$2.52 - $5.88	97,143	4.43	$	4.09	88,571	$	4.13
$16.59 - $39.90	19,136	1.07	$	19.94	18,945	$	19.93

Total	116,279	3.88	$	6.70	107,516	$	6.92

	Options Outstanding at April 30, 2012				Options Exercisable at April 30, 2012
Exercise prices	Shares under option	Weighted- average remaining life in years		Weighted- average Exercise Price	Shares under option		Weighted-average Exercise Price

$16.59 - $24.71	22,942	2.07	$	19.71	18,386	$	19.18
$39.9 - $44.31	9,948	0.91	$	43.67	9,947	$	43.67
$71.75 - $84.70	929	0.14	$	80.32	929	$	80.32

Total	33,819	1.67	$	28.42	29,262	$	29.45

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes stock option activity for the year ended April 30, 2013, during which there were no options exercised under the Company’s stock option plans:

	2002 Plan
	Number of Shares		Weighted-average Exercise Price		Weighted- average Remaining Contractual Term		Aggregate Intrinsic Value

Outstanding, May 1, 2012		5,991	$	29.54

Granted		12,857		4.50
Exercised		-		-
Forfeited/Expired		(3,069)		37.54

Outstanding, April 30, 2013		15,779	$	7.58		3.8	$	-

Vested and expected to vest, April 30, 2013		14,952	$	7.64		3.8	$	-

Exercisable, April 30, 2013		12,731	$	7.83		3.7	$	-

	2006 Plan
	Number of Shares	Weighted-average Exercise Price		Weighted-average Remaining Contractual Term	Aggregate Intrinsic Value

Outstanding, May 1, 2012	757	$	77.08

Granted	46,571		4.19
Exercised	-		-
Forfeited/Expired	(757)		77.08

Outstanding, April 30, 2013	46,571	$	4.19	4.4	$	-

Vested and expected to vest, April 30, 2013	46,571	$	4.19	4.4	$	-

Exercisable, April 30, 2013	46,571	$	4.19	4.4	$	-

	2007 Plan
	Number of Shares	Weighted-average Exercise Price		Weighted-average Remaining Contractual Term	Aggregate Intrinsic Value

Outstanding, May 1, 2012	27,071	$	26.81

Granted	37,714		3.82
Exercised	-		-
Forfeited/Expired	(10,856)		37.40

Outstanding, April 30, 2013	53,929	$	8.60	3.5	$	-

Vested and expected to vest, April 30, 2013	52,379	$	8.78	3.4	$	-

Exercisable, April 30, 2013	48,214	$	9.30	3.3	$	-