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Description of Business and Significant Accounting Policies (Tables)
3 Months Ended
Jul. 31, 2014
Accounting Policies [Abstract]  
Reconciliation of the numerator and denominator used in computing basic and diluted net loss per share

   Three Months ended July 31, 2014 
   Loss   Shares   Per share 
   (numerator)   (denominator)   amount 
             
Basic net loss per share – net loss and weighted average common shares outstanding  $(759,767)   2,410,512   $(.32)
                
Effect of dilutive securities – stock options   —      —      —   
Effect of dilutive securities – warrants   —      —      —   
                
Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants  $(759,767)   2,410,512   $(.32)

 

   Three Months ended July 31, 2013 
   Loss   Shares   Per share 
   (numerator)   (denominator)   amount 
             
Basic net loss per share – net loss and weighted average common shares outstanding  $(881,630)   1,754,662   $(.50)
                
Effect of dilutive securities – stock options   —      —      —   
Effect of dilutive securities – warrants   —      —      —   
                
Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants  $(881,630)   1,754,662   $(.50)
Summary of option activity
   Shares   Weighted
average
exercise
price
   Weighted
average
remaining
contractual
life (1)
   Aggregate
intrinsic
value (2)
 
                     
Balance April 30, 2014   264,244   $12.42    4.46   $14,750 
                     
Granted   0    —      —      —   
Exercised   0    —      —      —   
Expired   0    —      —      —   
Balance July 31, 2014   264,244   $12.42    4.21   $14,750 
Exercisable July 31, 2014   251,744   $12.92    3.98   $7,375 
Expected to vest July 31, 2014   251,744   $12.42    3.98   $7,375