Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.22.2
Balance Sheets - USD ($)
Apr. 30, 2022
Apr. 30, 2021
CURRENT ASSETS    
Cash $ 14,063,811 $ 1,929,270
Prepaid expenses and other current assets 349,723 983,320
TOTAL CURRENT ASSETS 14,413,534 2,912,590
Property, plant and equipment, net 102,909
TOTAL ASSETS 14,516,443 2,912,590
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,162,850 503,591
Related party payable 2,082 60,749
Convertible notes, net 335,303
TOTAL CURRENT LIABILITIES 1,164,932 899,643
TOTAL LIABILITIES 1,164,932 899,643
STOCKHOLDERS’ EQUITY    
Convertible Preferred stock, $0.0001 par value: 10,000,000  shares authorized; Series A Convertible Preferred Stock, $0.0001 stated value per share, 1,360,000 shares designated; nil and 750,000 shares issued and outstanding as of April 30, 2022 and April 30, 2021, respectively 75
Common stock, $0.0001 par value: 300,000,000 shares authorized; 95,481,790 and 67,429,525 shares issued and outstanding as of April 30, 2022 and April 30, 2021, respectively 9,548 6,743
Additional paid-in capital 57,419,753 33,721,860
Note receivable for common stock – related party (14,883,295) (14,883,295)
Accumulated deficit (29,194,495) (16,832,436)
TOTAL STOCKHOLDERS’ EQUITY 13,351,511 2,012,947
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 14,516,443 $ 2,912,590