Bioshaft Water Technology (BSHF) 10-Q 15 Sep 14 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jul. 31, 2014
Document and Entity Information	'
Entity Registrant Name	'BIOSHAFT WATER TECHNOLOGY, INC.
Document Type	'10-Q
Document Period End Date	31-Jul-14
Amendment Flag	'false
Entity Central Index Key	'0001365784
Current Fiscal Year End Date	'--04-30
Entity Common Stock, Shares Outstanding	110,411,170
Entity Filer Category	'Smaller Reporting Company
Entity Current Reporting Status	'Yes
Entity Voluntary Filers	'No
Entity Well-known Seasoned Issuer	'No
Document Fiscal Year Focus	'2015
Document Fiscal Period Focus	'Q1

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Jul. 31, 2014	Apr. 30, 2014
Current assets:	'	'
Cash	$8,427	$37,338
Accounts receivable, net	259,725	302,941
Costs in excess of billings on uncompleted projects	479,602	233,352
Total Current Assets	747,754	573,631
Property and equipment, net	282	561
Deposits	1,000	1,000
Total Assets	749,036	575,192
Current liabilities:	'	'
Accounts payable and accrued expenses	1,354,201	1,473,172
Billings in excess of costs and estimated earnings on uncompleted projects	674,865	427,814
Accrued interest, net of discount	481,086	460,401
Convertible loans payable	585,000	525,000
Related party notes payable	65,000	'
Total Current Liabilities	3,160,152	2,886,387
Total Liabilities	3,160,152	2,886,387
Stockholders' deficit:	'	'
Preferred stock value	'	'
Common stock value	110,411	108,911
Additional paid-in capital	19,643,247	19,539,747
Accumulated deficit	-22,164,774	-21,959,853
Total Stockholders' Deficit	-2,411,116	-2,311,195
Total Liabilities and Stockholders' Deficit	$749,036	$575,192

BALANCE_SHEET_PARENTHETICAL

BALANCE SHEET (PARENTHETICAL) (USD $)	Jul. 31, 2014	Apr. 30, 2014
Balance Sheets	'	'
Allowance for doubtful accounts	$34,000	$34,000
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	25,000,000	25,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	110,411,170	108,911,170
Common stock, shares outstanding	110,411,170	108,911,170

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
REVENUES	'	'
Net revenue from projects	$117,380	$110,052
TOTAL REVENUES	117,380	110,052
COST OF GOODS SOLD	131,382	71,700
GROSS PROFIT (LOSS)	-14,002	38,352
OPERATING EXPENSES	'	'
Selling, general and administrative	45,879	92,248
Advertising, marketing and promotions	177	5,107
Consulting fees	123,900	96,100
Depreciation	279	283
Stock-based compensation	'	11,164
TOTAL OPERATING EXPENSES	170,235	204,902
INCOME (LOSS) FROM OPERATIONS	-184,237	-166,550
OTHER INCOME (EXPENSE)	'	'
Interest income (expense), net	-20,684	-19,017
Amortization of debt discount	'	-497,623
TOTAL OTHER INCOME (EXPENSE)	-20,684	-516,640
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	-204,921	-683,190
PROVISION FOR INCOME TAXES	'	'
NET INCOME (LOSS)	($204,921)	($683,190)
NET INCOME LOSS PER SHARE: BASIC AND DILUTED	$0	($0.01)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	109,302,474	108,911,170

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income (loss)	($204,921)	($683,190)
Adjustments To Reconcile Net Income (loss) To Net Cash Used In Operating Activities	'	'
Depreciation expense	279	283
Amortization of debt and accrued interest discount	'	497,623
Stock-based compensation	0	11,164
Change in operating assets & liabilities	'	'
Accounts receivable	43,216	-5,800
Costs in excess of billings on uncompleted projects	-246,250	'
Deposits	'	2,104
Accounts payable and accrued expenses	-98,286	16,189
Billing in excess of costs and estimated earnings on uncompleted projects	247,051	303,110
Net Cash Provided by (Used in) Operating Activities	-258,911	141,483
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Proceeds from loan payable	60,000	'
Proceeds from related party notes payable	65,000	'
Proceeds from issuance of stock	105,000	'
Net Cash Provided by Financing Activities	230,000	'
Net Increase (Decrease) in Cash	-28,911	141,483
Cash - beginning of the period	37,338	315,832
Cash - end of the period	8,427	457,315
SUPPLEMENTAL CASH FLOW INFORMATION:	'	'
Cash paid for interest	'	'
Cash paid for income taxes	'	'

General_Organization_and_Busin

General Organization and Business	3 Months Ended
	Jul. 31, 2014
Notes	'
General Organization and Business	'
	NOTE 1 - GENERAL ORGANIZATION AND BUSINESS
	Bioshaft Water Technology, Inc. (the “Company”) was originally incorporated under the laws of the state of Nevada on March 8, 2006.  The Company owns worldwide patented technology and is in the business of designing, manufacturing and installing wastewater (sewage) treatment plants using its technology.
	The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplate continuation of the Company as a going concern. The Company has used cash flows from operations and incurred net losses of approximately $22,165,000 since inception.  The Company currently has limited liquidity, and does not yet have enough revenues sufficient to cover operating costs over an extended period of time.  If the Company is unable to obtain adequate capital, it could be forced to cease operations. These factors cause significant doubt regarding the Company to continue as a going concern.
	Management anticipates that the Company will be dependent, for the foreseeable future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.
	The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Summary_of_Significant_Account

Summary of Significant Accounting Practices	3 Months Ended
	Jul. 31, 2014
Notes	'
Summary of Significant Accounting Practices	'
	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES
	Basis of Presentation
	The accounting policies of the Company are in accordance with the accounting principles generally accepted in the United States of America and are presented in United States dollars (“USD”).  Outlined below are those policies considered particularly significant. The accompanying unaudited financial statements contain all adjustments (consisting only of normal recurring adjustments) which, in the opinion of management, are necessary to present fairly the financial position of the Company as of July 31, 2014, and the results of its operations and cash flows for the three months ended July 31, 2014 and 2013. Certain information and footnote disclosures normally included in financial statements have been condensed or omitted pursuant to rules and regulations of the U.S. Securities and Exchange Commission. The Company believes that the disclosures in the unaudited financial statements are adequate to make the information presented not misleading.  The operating results of the Company on a quarterly basis may not be indicative of operating results for the full year.  For further information, refer to the financial statements and notes included in the Company’s Form 10-K for the year ended April 30, 2014.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Fair Value of Financial Instruments
	The Company follows accounting guidance issued by the Financial Accounting Standards Board (“FASB”) on “Fair Value Measurements” for assets and liabilities measured at fair value on a recurring basis.  The FASB defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, the FASB requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs.
	The guidance also establishes a fair value hierarchy for measurements of fair value as follows:
	Level 1:  Observable inputs such as quoted market prices in active markets for identical assets or liabilities.
	Level 2:  Observable market-based inputs or unobservable inputs that are corroborated by market data.
	Level 3:  Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions.
	The Company discloses the estimated fair value for all financial instruments for which it is practicable to estimate fair value. As of July 31, 2014 and 2013, the fair value of short-term financial instruments including cash, accounts receivable, accounts payable and accrued expenses, costs in excess of billings on uncompleted projects, billings in excess of costs and estimated earnings on uncompleted projects, and accrued interest approximates book value due to their short-term maturity. The fair value of property and equipment is estimated to approximate its net book value. The fair value of debt obligations, other than convertible loans payable approximates their face values due to their short-term maturities and/or the variable rates of interest associated with the underlying obligation.
	Basic Loss per Common Share
	Basic loss per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net loss available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity.  Under the treasury stock method, the exercise price of an award, if any, the amount of compensation cost, if any, for future service that the Company has not yet recognized, and the estimated tax benefits that would be recorded in paid-in capital, if any, when an award is settled are assumed to be used to repurchase shares in the current period.
	The Company excluded 6,100,000 and 11,300,000 common stock equivalents outstanding as of July 31, 2014 and 2013, respectively, as their exercise prices were in excess of the average closing market price of the Company’s common stock, causing their effects to be anti-dilutive using the treasury stock method.
	Revenue Recognition
	For contracts in which the Company can reasonably estimate the costs and the percent complete, the Company recognizes revenues based on the percentage-of-completion method, measured by the percentage of cost incurred to date to estimated total cost for each contract. That method is used because management considers total cost to be the best available measure of progress on contracts. Because of inherent uncertainties in estimating costs, it is at least reasonably possible that the estimates used will change within the near term.
	For contracts in which the Company can't reasonably estimate the costs and the percent complete, the Company recognizes revenues using the completed contract method. Typically, these contracts are isolated to international contracts whereby the Company is providing equipment and limited installation. Under the completed contract basis, contract costs are recorded to a deferred asset account and billings and/or cash received are recorded to a deferred revenue liability account during the periods of construction. All revenues, costs, and profits are recognized in operations upon completion of the contract. A contract is considered completed when all costs except insignificant items have been incurred and the equipment is delivered to the end user.
	Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs, and depreciation. Selling, general, and administrative costs are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, and estimated profitability may result in revisions to costs and income, which are recognized in the period in which the revisions are determined. Changes in estimated job profitability resulting from job performance, job conditions, contract penalty provisions, claims, change orders, and settlements, are accounted for as changes in estimates in the current period. No profit is recognized on change orders until they have been approved by the customer. During the three months ended July 31, 2014, the Company charged $47,620 to cost of revenues due to overruns on a project.
	The asset, "Costs in excess of billings on uncompleted projects", represents costs incurred on current projects in which have not been allocated to the particular project or the contract has not been completed and typically relate to deposit paid or incurred to third party vendors in which the services and or equipment has not been provided. The liability, “Billings in excess of costs and estimated earnings on uncompleted contracts”, represents billings in excess of revenues recognized. Contract retentions are included in accounts receivable.
	New Accounting Pronouncements
	The FASB issues Accounting Standard Updates (“ASUs”) to amend the authoritative literature in the Accounting Standards Codification (“ASC”). There have been a number of ASUs to date that amend the original text of ASC. The Company believes those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to the Company or (iv) are not expected to have a significant impact on the Company.

Loans_Payable_Disclosure

Loans Payable Disclosure	3 Months Ended
	Jul. 31, 2014
Notes	'
Loans Payable Disclosure	'
	NOTE 3 - LOANS PAYABLE
	$500,000 Convertible Loan Payable
	On August 11, 2008, the Company secured a loan payable of $500,000 accruing interest at 15%, secured by the assets of the Company, subject to a 3% financing fee and repayable on the one year anniversary date of the agreement.
	On February 13, 2012, the terms of the loan were changed to reflect a conversion feature and extend the maturity date to August 11, 2012. The loan is convertible into shares of the Company’s common stock, up to 20,000,000, at a price of $0.025 per share.
	On March 6, 2013, the convertible note was modified to extend the maturity date to August 11, 2013, which as of the date of this filing is in default.  As consideration for the extension, 2,811,873 common shares of the Company’s common stock were issued to the lender.  The common shares were valued at $168,712 based on the closing market price of the Company's common stock on the date of the agreement. The modification qualified for extinguishment accounting whereby the former convertible note was considered extinguished and a new convertible note issued.
	The Company allocated fair value of the common shares issued of $168,712 in connection with the new convertible note based on their relative fair value to the face value of the convertible note, which resulted in a discount of $126,147 being allocated to the common shares.  The new convertible note also contained a beneficial conversion feature due to the conversion price being below the fair market value of the Company's common stock on the date of issuance. The beneficial conversion feature was valued at $331,288, which resulted in a 100%, or $500,000, discount to the new convertible note.  The Company was amortizing the discount over the term of the new convertible note using the straight line method due to the short term nature of the note. During the three months ended July 31, 2013, the Company amortized $290,625 of the discount. As of July 31, 2014 and April 30, 2014, the unamortized portion of the discount was $0 and $0, respectively.
	In addition, with the agreement the accrued interest was now convertible at $0.025, the same rate as the new convertible note. At the date of the agreement, the conversion price was below the fair market value of the Company's common stock which implied a beneficial conversion feature. The beneficial conversion feature was valued at $353,519, which resulted in a 100% discount to accrued interest. The Company was amortizing the discount over the term of the new convertible note using the straight line method due to the short term nature of the note. During the three months ended July 31, 2013, the Company amortized $205,483 of the discount. As of July 31, 2014 and April 30, 2014, the unamortized portion of the discount was $0 and $0, respectively. Accrued interest related to this loan is $459,769 and $441,019 as of July 31, 2014 and April 30, 2014, respectively.
	As of July 31, 2014, the Company was in default of the convertible loan, however, subsequent to quarter end, the convertible loan was sold by the holder and the terms were amended, see Note 6.
	$25,000 Loan Payable
	On March 6, 2009, the Company secured a loan payable of $25,000 accruing interest at 15%, due March 6, 2010 and secured by the assets of the Company.  The term of this loan was initially extended to September 6, 2012.
	On March 6, 2013, the secured loan payable was modified to extend the maturity date to March 6, 2014.  As consideration for the extension, 133,297 common shares of the Company’s common stock were issued to the lender.  The common shares were valued at $7,998 based on the closing market price of the Company's common stock on the date of the agreement. The modification qualified for extinguishment accounting whereby the former secured loan payable was considered extinguished and a new secured loan payable was issued.
	The Company allocated the common shares issued in connection with the news secured loan payable based on their relative fair value to the face value of the secured loan payable, which resulted in a discount of $6,059 being allocated to the secured loan payable.  During the three months ended July 31, 2013, the Company amortized $1,515 of the discount. As of July 31, 2014 and April 30, 2014, the unamortized portion of the discount was $0 and $0, respectively.  Accrued interest related to this loan was $20,327 and $19,382 as of July 31, 2014 and April 30, 2014, respectively.
	As of July 31, 2014, the Company was in default of the loan payable, however, subsequent to quarter end, the loan payable was sold by the holder and the terms were amended, see Note 6.
	$60,000 Loan Payable
	In May 2014, the Company received $60,000 in proceeds used for working capital purposes from the $500,000 and $25,000 note holders discussed above. As of July 31, 2014, the terms of the agreement had yet to be finalized. However, subsequent to quarter end, the loan payable was sold by the holder and the terms were amended, see Note 6.

Stockholders_Deficit_Disclosur

Stockholders' Deficit Disclosure	3 Months Ended
	Jul. 31, 2014
Notes	'
Stockholders' Deficit Disclosure	'
	NOTE 4 - STOCKHOLDERS’ DEFICIT
	Stock Options and Stock-Based Compensation
	During the three months ended July 31, 2014 and 2013, the Company recorded $0 and $11,164 in stock-based compensation, respectively.
	Stock Issued for Cash
	In July 2014, the Company sold 1,500,000 shares of common stock at $0.07 per share resulting in proceeds of $105,000.
	Subsequent to July 31, 2014, the Company sold 2,200,000 shares of common stock to a member of the board of directors at $0.07 per share resulting in proceeds of $154,000.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Jul. 31, 2014
Notes	'
Related Party Transactions	'
	NOTE 5 - RELATED PARTY TRANSACTIONS
	Consulting Contracts
	As of July 31, 2014, the Company has consulting contracts with three related parties for total annual compensation of $384,000. Total amounts due to these related parties, including reimbursable expenses, as of July 31, 2014 and April 30, 2014 were $250,737 and $170,289, respectively. The amounts are included in accounts payable and accrued expenses on the accompanying balance sheet.
	As of July 31, 2014 and April 30, 2014, a former officer and current shareholder of the Company is due $206,000 for prior consulting services performed which is included in accounts payable and accrued expenses on the accompanying balance sheet.  There were no payments made on this obligation during the three months ended July 31, 2014.
	As of July 31, 2014 and April 30, 2014, another consultant, shareholder and officer of the Company is due a net $171,966 which is included within accounts payable and accrued expenses on the accompanying balance sheet. There were no payments made on this obligation during the three months ended July 31, 2014.
	Revenues and Settlements
	During the year ended April 30, 2014, the Company entered into a contract with an entity controlled by a board of director to provide a waste water plant. As of July 31, 2014 and April 30, 2014, the Company has invoiced the related party under the contract $189,553 and $100,927 of which progress payments of $189,553 and $100,927 have been received, respectively. The Company has not recorded any revenues in connection with contract as to date invoices have related to purchase equipment in which would incorrectly reflect the actual percent complete on the contract.
	Loans Payable
	In July 2014, the Company entered into a two promissory notes totaling $65,000 with an entity controlled by a significant shareholder and a member of the board of directors. The promissory notes incur interest at 15% per annum, compounding monthly, with principal and interest due July 25, 2015. The proceeds were used to fund operations.

Subsequent_Events

Subsequent Events	3 Months Ended
	Jul. 31, 2014
Notes	'
Subsequent Events	'
	NOTE 6 - SUBSEQUENT EVENTS
	In accordance with ASC Topic 855-10, the Company has analyzed its operations subsequent to July 31, 2014 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements other than the below item.
	See Note 4 for additional proceeds from the sale of common stock.
	On August 21, 2014, the Company was notified that the $60,000 advance, $500,000 convertible note payable and $25,000 secured note payable and accrued interest on such was sold by the holder to a related entity of the holder. On August 21, 2014, the Company entered into a note agreement for $1,047,390, which represented the outstanding note balances and accrued interest as of July 7, 2014. Under the terms of the agreement, the note incurs interest at 7.5% per annum, the holder received 5,000,000 bonus shares of common stock and is due July 7, 2015. The note is secured by all the assets of the Company. In addition, if the Company does not raise $5.0 million in equity capital by July 7, 2015, the holder will receive 30,000,000 warrants to purchase shares of the Company's common stock at $0.025 per share. In connection with the new agreement, the $500,000 convertible note and accrued interest on such is no longer convertible into common stock and warrants to purchase 10,000,000 shares of common stock held by the former holder were cancelled. The Company is still determining the financial statement impact of the transaction but expects to account for the transaction as an extinguishment due to the change in interest rate, removal of the conversion feature and cancelation of warrants.

Summary_of_Significant_Account1

Summary of Significant Accounting Practices: Basis of Presentation (Policies)	3 Months Ended
	Jul. 31, 2014
Policies	'
Basis of Presentation	'
	Basis of Presentation
	The accounting policies of the Company are in accordance with the accounting principles generally accepted in the United States of America and are presented in United States dollars (“USD”).  Outlined below are those policies considered particularly significant. The accompanying unaudited financial statements contain all adjustments (consisting only of normal recurring adjustments) which, in the opinion of management, are necessary to present fairly the financial position of the Company as of July 31, 2014, and the results of its operations and cash flows for the three months ended July 31, 2014 and 2013. Certain information and footnote disclosures normally included in financial statements have been condensed or omitted pursuant to rules and regulations of the U.S. Securities and Exchange Commission. The Company believes that the disclosures in the unaudited financial statements are adequate to make the information presented not misleading.  The operating results of the Company on a quarterly basis may not be indicative of operating results for the full year.  For further information, refer to the financial statements and notes included in the Company’s Form 10-K for the year ended April 30, 2014.

Summary_of_Significant_Account2

Summary of Significant Accounting Practices: Use of Estimates (Policies)	3 Months Ended
	Jul. 31, 2014
Policies	'
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Summary_of_Significant_Account3

Summary of Significant Accounting Practices: Fair Value of Financial Instruments (Policies)	3 Months Ended
	Jul. 31, 2014
Policies	'
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The Company follows accounting guidance issued by the Financial Accounting Standards Board (“FASB”) on “Fair Value Measurements” for assets and liabilities measured at fair value on a recurring basis.  The FASB defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, the FASB requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs.
	The guidance also establishes a fair value hierarchy for measurements of fair value as follows:
	Level 1:  Observable inputs such as quoted market prices in active markets for identical assets or liabilities.
	Level 2:  Observable market-based inputs or unobservable inputs that are corroborated by market data.
	Level 3:  Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions.
	The Company discloses the estimated fair value for all financial instruments for which it is practicable to estimate fair value. As of July 31, 2014 and 2013, the fair value of short-term financial instruments including cash, accounts receivable, accounts payable and accrued expenses, costs in excess of billings on uncompleted projects, billings in excess of costs and estimated earnings on uncompleted projects, and accrued interest approximates book value due to their short-term maturity. The fair value of property and equipment is estimated to approximate its net book value. The fair value of debt obligations, other than convertible loans payable approximates their face values due to their short-term maturities and/or the variable rates of interest associated with the underlying obligation.

Summary_of_Significant_Account4

Summary of Significant Accounting Practices: Basic Income (loss) Per Common Share, Policy (Policies)	3 Months Ended
	Jul. 31, 2014
Policies	'
Basic Income (loss) Per Common Share, Policy	'
	Basic Loss per Common Share
	Basic loss per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net loss available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity.  Under the treasury stock method, the exercise price of an award, if any, the amount of compensation cost, if any, for future service that the Company has not yet recognized, and the estimated tax benefits that would be recorded in paid-in capital, if any, when an award is settled are assumed to be used to repurchase shares in the current period.
	The Company excluded 6,100,000 and 11,300,000 common stock equivalents outstanding as of July 31, 2014 and 2013, respectively, as their exercise prices were in excess of the average closing market price of the Company’s common stock, causing their effects to be anti-dilutive using the treasury stock method.

Summary_of_Significant_Account5

Summary of Significant Accounting Practices: Revenue Recognition Policy (Policies)	3 Months Ended
	Jul. 31, 2014
Policies	'
Revenue Recognition Policy	'
	Revenue Recognition
	For contracts in which the Company can reasonably estimate the costs and the percent complete, the Company recognizes revenues based on the percentage-of-completion method, measured by the percentage of cost incurred to date to estimated total cost for each contract. That method is used because management considers total cost to be the best available measure of progress on contracts. Because of inherent uncertainties in estimating costs, it is at least reasonably possible that the estimates used will change within the near term.
	For contracts in which the Company can't reasonably estimate the costs and the percent complete, the Company recognizes revenues using the completed contract method. Typically, these contracts are isolated to international contracts whereby the Company is providing equipment and limited installation. Under the completed contract basis, contract costs are recorded to a deferred asset account and billings and/or cash received are recorded to a deferred revenue liability account during the periods of construction. All revenues, costs, and profits are recognized in operations upon completion of the contract. A contract is considered completed when all costs except insignificant items have been incurred and the equipment is delivered to the end user.
	Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs, and depreciation. Selling, general, and administrative costs are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, and estimated profitability may result in revisions to costs and income, which are recognized in the period in which the revisions are determined. Changes in estimated job profitability resulting from job performance, job conditions, contract penalty provisions, claims, change orders, and settlements, are accounted for as changes in estimates in the current period. No profit is recognized on change orders until they have been approved by the customer. During the three months ended July 31, 2014, the Company charged $47,620 to cost of revenues due to overruns on a project.
	The asset, "Costs in excess of billings on uncompleted projects", represents costs incurred on current projects in which have not been allocated to the particular project or the contract has not been completed and typically relate to deposit paid or incurred to third party vendors in which the services and or equipment has not been provided. The liability, “Billings in excess of costs and estimated earnings on uncompleted contracts”, represents billings in excess of revenues recognized. Contract retentions are included in accounts receivable.

Summary_of_Significant_Account6

Summary of Significant Accounting Practices: New Accounting Pronouncements (Policies)	3 Months Ended
	Jul. 31, 2014
Policies	'
New Accounting Pronouncements	'
	New Accounting Pronouncements
	The FASB issues Accounting Standard Updates (“ASUs”) to amend the authoritative literature in the Accounting Standards Codification (“ASC”). There have been a number of ASUs to date that amend the original text of ASC. The Company believes those issued to date either (i) provide supplemental guidance, (ii) are technical corrections, (iii) are not applicable to the Company or (iv) are not expected to have a significant impact on the Company.

General_Organization_and_Busin1

General Organization and Business (Details) (USD $)	Jul. 31, 2014	Apr. 30, 2014
Details	'	'
Net losses since inception	$22,164,774	$21,959,853

Summary_of_Significant_Account7

Summary of Significant Accounting Practices: Basic Income (loss) Per Common Share, Policy (Details)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
	Related to options outstanding	Related to outstanding warrants
Common stock excluded, anti-dilutive	6,100,000	11,300,000

Summary_of_Significant_Account8

Summary of Significant Accounting Practices: Revenue Recognition Policy (Details) (Overruns on a project, USD $)	3 Months Ended
	Jul. 31, 2014
Overruns on a project	'
Cost of revenues charged	$47,620

Loans_Payable_Disclosure_Detai

Loans Payable Disclosure (Details) (USD $)

3 Months Ended

3 Months Ended

3 Months Ended

Jul. 31, 2014

Mar. 06, 2013

Feb. 13, 2012

Aug. 11, 2008

Jul. 31, 2014

Apr. 30, 2014

Jul. 31, 2014

Mar. 06, 2013

Mar. 06, 2009

Jul. 31, 2014

Apr. 30, 2014

31-May-14

$500,000 Convertible Note

$500,000 Convertible Note

$500,000 Convertible Note

$500,000 Convertible Note

Accrued interest on $500,000 convertible note

Accrued interest on $500,000 convertible note

$25,000 Loan Payable

$25,000 Loan Payable

$25,000 Loan Payable

Accrued interest on $25,000 convertible note

Accrued interest on $25,000 convertible note

$60,000 Loan Payable

Loan payable

'

'

'

$500,000

'

'

'

'

$25,000

'

'

$60,000

Interest rate on loan payable

'

'

'

15.00%

'

'

'

'

15.00%

'

'

'

Convertible feature, shares

'

'

20,000,000

'

'

'

'

'

'

'

'

'

Convertible feature, price per share

'

'

$0.03

'

'

'

'

'

'

'

'

'

Shares issued for extension of note

'

2,811,873

'

'

'

'

'

133,297

'

'

'

'

Shares issued for extension of note (value)

'

168,712

'

'

'

'

'

7,998

'

'

'

'

Discount allocated to common shares

'

126,147

'

'

'

'

'

6,059

'

'

'

'

Beneficial conversion feature value

331,288

'

'

'

353,519

'

'

'

'

'

'

'

Amortization of discount

290,625

'

'

'

205,483

'

1,515

'

'

'

'

'

Accrued interest

'

'

'

'

$459,769

$441,019

'

'

'

$20,327

$19,382

'

Stockholders_Deficit_Disclosur1

Stockholders' Deficit Disclosure (Details) (USD $)	3 Months Ended			1 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Sep. 10, 2014
			Jul-14	Subsequent to July 31, 2014
Stock-based compensation recorded	$0	$11,164	'	'
Common stock issued for cash	'	'	1,500,000	2,200,000
Cash proceeds from issuance	'	'	$105,000	$154,000

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended	12 Months Ended
	Jul. 31, 2014	Apr. 30, 2014
Consulting Contracts	'	'
Related party compensation	$384,000	'
Due to related parties	250,737	170,289
Former officer and current shareholder	'	'
Due to related party, other	206,000	'
Consultant, shareholder and officer	'	'
Payable due to related party	171,966	'
Entity controlled by a board of director	'	'
Related party compensation	189,553	100,927
Entity controlled by a significant shareholder and a member of the board of directors	'	'
Payable due to related party	$65,000	'

Subsequent_Events_Details

Subsequent Events (Details) (For outstanding note balances and accrued interest as of July 7, 2014, USD $)	Aug. 21, 2014
For outstanding note balances and accrued interest as of July 7, 2014	'
Note agreement	$1,047,390