Note 2 - Basis of Presentation

6 Months Ended

Oct. 31, 2014

Notes to Financial Statements

Business Description and Basis of Presentation [Text Block]

2.

Basis of Presentation

The accompanying condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. Although management believes that the disclosures are adequate to make the information presented not misleading, it is suggested that these interim condensed consolidated financial statements be read in conjunction with the Company’s most recent audited financial statements and notes thereto. In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position as of

October

31,

2014

and April 30,

2014

, and the results of

operations for the three and six months

ended

October

31,

2014

and

2013

, and cash flows for the

six

months ended

October

31,

2014

and

2013

.