Well Power (WPWR) 10-Q 22 Dec 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Oct. 31, 2014	Dec. 08, 2014
Document And Entity Information
Entity Registrant Name	Well Power, Inc.
Entity Central Index Key	1400728
Document Type	10-Q
Document Period End Date	31-Oct-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-26
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		111,861,934
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2014

Balance_Sheets

Balance Sheets (USD $)	Oct. 31, 2014	Apr. 30, 2014
Current Assets
Cash	$72,140	$39,832
Prepaid expenses	14,131
Total Current Assets	86,271	39,832
Deferred financing costs, net of amortization of $7,946 and $0, respectively	36,976
Intangible Asset	617,500	400,000
Total Assets	740,747	439,832
Current Liabilities
Accounts payable and accrued liabilities	424,503	323,136
Short-term loan payable	35,000	35,000
Due to related parties	173,850	102,759
Stock payable	530,235	280,235
Convertible debentures, net of discount of $248,149 and $0, respectively	60,406
Derivative liabilities	366,582
Total Liabilities	1,590,576	741,130
Stockholders Deficit
Common stock, 4,500,000,000 shares authorized, $0.001 par value; 111,861,934 and 107,500,000 shares issued and outstanding, respectively	111,862	107,500
Additional paid-in capital	2,098,707	1,801,802
Accumulated deficit	-3,060,398	-2,210,600
Total Stockholders Deficit	-849,829	-301,298
Total Liabilities And Stockholders Deficit	$740,747	$439,832

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Statement of Financial Position [Abstract]
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	4,500,000,000	4,500,000,000
Common stock, issued	111,861,934	107,500,000
Deferred financing costs, amortization	$7,946	$0
Convertible debenture, net discount	$248,149	$0

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Operating Expenses
General and administrative	$350,456	$2,000	$394,878	$4,000
Professional and consulting	138,114		302,338
Total Operating Expenses	-488,570	-2,000	-697,216	-4,000
Other Expense
Interest expense	-119,095		-120,065
Change in fair value of derivatives	-32,517		-32,517
Net Loss	($640,182)	($2,000)	($849,798)	($4,000)
Net Loss Per Common Share - Basic And Diluted	($0.01)	$0	($0.01)	$0
Weighted Average Common Shares Outstanding - Basic And Diluted	107,500,000	107,500,000	108,984,000	107,500,000

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Cash Flows From Operating Activities
Net loss	($849,798)	($4,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of discount and intangible assets	91,245
Interest expense fair value of derivatives	55,726
Amortization of deferred financing costs	7,946
Stock based compensation	276,855
Change in fair value of derivatives	32,517
Changes in operating assets and liabilities:
Prepaid expense	-14,131
Accounts payable and accrued liabilities	-148,633
Net Cash Used in Operating Activities	-548,273	-4,000
Cash Flows From Financing Activities
Net advances from related parties	71,091	4,000
Proceeds from issuance of stock payable	250,000
Net proceeds from issuance of convertible debt	259,490
Net Cash Provided by Financing Activities	580,581	4,000
Net Decrease In Cash	32,308
Cash - Beginning of Period	39,832
Cash - End of Period	72,140
Supplementary Cash Flows Information:
Interest paid
Income taxes paid
Noncash Investing and Financing Activities
Debt discount on convertible debentures	24,412
Stock issued in connection with deferred financing cost	278,339
Accounts payable incurred for purchase of license	$250,000

Nature_of_Business_and_Continu

Nature of Business and Continuance of Operations	6 Months Ended
	Oct. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business and Continuance of Operations	Well Power, Inc. (the “Company”) was incorporated in Nevada on March 27, 2007. On December 10, 2013, the Company effected a merger with its wholly-owned subsidiary, Well Power, Inc. As part of the merger, the Company authorized a name change from Vortec Electronics, Inc. to Well Power, Inc. On January 22, 2014, the Company entered into an Exclusive License and Distribution Agreement to distribute mobile and scalable Wellhead Micro-Refinery Units (MRU’s). Upon entering into the agreement, the Company is a business whose planned principal operations are the sales and distribution of MRU’s in the state of Texas. As at October 31, 2014, the Company has had no operating revenues to date.
	The Company has incurred losses since inception, has negative working capital, and has not yet received revenues from sales of products or services. These factors create substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustment that might be necessary if the Company is unable to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company generating cash from the sale of its common stock and/or obtaining debt financing and attaining future profitable operations. Management’s plans include selling its equity securities and obtaining debt financing to fund its capital requirement and ongoing operations; however, there can be no assurance the Company will be successful in these efforts.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Basis of Presentation
	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Company’s fiscal year end is April 30.
	Interim Financial Statements
	The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained elsewhere in this prospectus. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end April 30, 2014 have been omitted.
	Use of Estimates
	The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to intangible assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturities of three months or less to be cash equivalents.
	Financial Instruments
	The Company’s financial instruments consist of cash and cash equivalents, accounts payable, accrued liabilities, short term loan payable, convertible debt and an amount due to an officer. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
	Intangible Assets
	Intangible assets include all costs incurred to acquire a licensing and distribution agreement. Intangible assets are recorded at cost and amortized on a straight-line basis over their estimated useful life of 5 years. Management conducts an annual assessment of the residual balances, useful lives and depreciation methods used. Changes arising from the assessment are applied by the Company prospectively.
	Deferred Financing Costs
	The Company capitalizes direct costs incurred to obtain financings and amortize these costs over the terms of the related debt instrument using the interest method. Upon the extinguishment of the related debt, any unamortized deferred financing costs are immediately expensed.
	Income Taxes
	Deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.
	Income Taxes
	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Income Taxes. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.
	Foreign Currency Translation
	The Company’s planned operations will be in the United States, which results in exposure to market risks from changes in foreign currency exchange rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. The Company's functional currency for all operations worldwide is the U.S. dollar. Nonmonetary assets and liabilities are translated at historical rates and monetary assets and liabilities are translated at exchange rates in effect at the end of the year. Revenues and expenses are translated at average rates for the year. Gains and losses from translation of foreign currency financial statements into U.S. dollars are included in current results of operations.
	Financial Derivatives
	All derivatives are recorded at fair value on the balance sheet. Fair values for securities traded in the open market and derivatives are based on quoted market prices. Where market prices are not readily available, fair values are determined using market based pricing models incorporating readily observable market data and requiring judgment and estimates.
	Fair Value Measurement
	The Company values its derivative instruments under FASB ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements.
	Fair value is 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 (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).
	The three levels of the fair value hierarchy are as follows:
	Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.
	Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date.
	Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value. The Company uses Level 3 to value its derivative instruments.
	The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on September 30, 2014.
			Level 1		Level 2		Level 3		Total
	Liabilities
	Derivative liability	$	—	$	—	$	366,582	$	366,582
	Revenue Recognition
	The Company recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured.
	Stock-Based Compensation
	The expense for equity awards vested during the reporting period is based upon the grant date fair value of the award. The expense is recognized over the applicable vesting period of the stock award using the straight-line method.
	Subsequent Events
	The Company has evaluated all transactions through the date the financial statements were issued for subsequent event disclosure consideration.
	Earnings (Loss) Per Common Share
	Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. At October 31, 2014, the Company has no potentially dilutive securities outstanding.
	Recent Accounting Pronouncements
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Intangible_Asset

Intangible Asset	6 Months Ended
	Oct. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Asset	On January 22, 2014, the Company entered into an Exclusive License and Distribution Agreement (the “License Agreement”) with ME Resources Corp (“MEC”), a Canadian publicly listed company. The President of the Company is related to a director of MEC. Under the License Agreement, MEC appointed the Company as its exclusive distributor of Wellhead Micro-Refinery Units (“MRUs”) for the initial state of Texas. The License Agreement is for 5 years from the date of execution, but can be extended for two successive periods of an additional 5 years each.
	Pursuant to the License Agreement, the Company agreed to pay consideration of $400,000, payable in two instalments. $100,000 is to be paid within 30 days (paid) and the balance of $300,000 is to be paid within 90 days ($375,000 paid as of October 31, 2014). At October 31, 2014, the Company recorded the costs of acquiring the license as an intangible asset, and the remaining balance of $25,000 has not been paid and is included in accounts payable and accrued liabilities.
	On August 31, 2014, the Company entered into an Exclusive License for Additional Territories (the “Additional License”) with MEC. Under the Additional License, MEC appointed the Company as its exclusive distributor for the additional state of Montana. The Additional License is considered an amendment to the License Agreement and will be considered under the same terms as the License Agreement.
	Pursuant to the Additional License, the Company agreed to pay consideration of $250,000 payable within 60 days. As of October 31, 2014, the Company recorded the cost of acquiring the additional license as an intangible asset, and the remaining balance of $250,000 has not been paid and is included in accounts payable and accrued liabilities.
	During the three months ended October 31, 2014, the Company recorded amortization of $32,500 on the acquired licenses.

ShortTerm_Loan

Short-Term Loan	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
Short-Term Loan	On December 18, 2013, the Company entered into a loan agreement in which the note holder agreed to provide a loan to the Company in the principal amount of up to $35,000. The loan is unsecured, bears interest at 11% per annum and is payable on September 30, 2014. During the period ended October 31, 2014, the maturity date was extended to March 31, 2015. As at October 31, 2014, the note holder has provided the full $35,000 to the Company, and interest of $3,246 has been accrued.

Due_To_Related_Parties

Due To Related Parties	6 Months Ended
	Oct. 31, 2014
Related Party Transactions [Abstract]
Due To Related Parties	a) The amount due to related parties of $173,850 and $102,759 at October 31, 2014 and April 30, 2014, respectively, consists of amounts owed to officers and shareholders of the Company for amounts advanced to pay for professional services provided by the Company’s outside service providers and for consulting services rendered for periods ending on and prior to October 31, 2014. The amount is unsecured, non-interest bearing and due on demand.
	b) On January 22, 2014, the Company entered into a License Agreement with ME Resources Corp and on August 31, 2014 the Company entered into an Additional License with ME Resources Corp (Note 3). The President of the Company is related to a director of MEC.

Common_Stock

Common Stock	6 Months Ended
	Oct. 31, 2014
Equity [Abstract]
Common Stock	The Company’s authorized capital consisted of 4,500,000,000 shares of common stock with a par value of $0.001 per share.
	There were 111,861,934 shares of common stock issued and outstanding as of October 31, 2014.
	On March 10, 2014, the Company sold 431,034 units at $0.58 per unit for gross proceeds of $250,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one additional common share at an exercise price of $0.90 per share for a period of 2 years from the date of issuance. The relative fair value of the shares and warrants is $159,475 and $90,525, respectively. As of October 31, 2014, the Company is obligated to issue 431,034 common shares with a fair value of $250,000, which has been recorded as stock payable.
	On June 5, 2014, the Company sold 5,000,000 units at $0.05 per unit for gross proceeds of $250,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one additional common share at an exercise price of $0.90 per share for a period of 2 years from the date of issuance. The relative fair value of the shares and warrants is $184,608 and $65,392, respectively. As of October 31, 2014, the Company is obligated to issue 5,000,000 common shares with a fair value of $250,000, which has been recorded as stock payable.
	On August 26, 2014, pursuant to the equity purchase agreement described in Note 8(d), the Company issued 3,955,070 common shares with a fair value of $279,855 which has been recorded in general and administrative expense.
	On August 6, 2014, the Company and issued 187,720 common shares with a fair value of $11,263, for financing costs relating to the issuance of the convertible note described in Note 9(b).
	On August 21, 2014, the Company issued 135,810 common shares with a fair value of $8,149, for financing costs relating to the issuance of the convertible note described in Note 9(c).
	On September 24, 2014, the Company issued 83,333 common shares with a fair value of $5,000, for financing costs relating to the issuance of the convertible note described in Note 9(d).
	As at October 31, 2014, pursuant to the consulting agreement described in Note 8(a), the Company is obligated to issue 93,719 common shares with a fair value of $30,235, which has been recorded as stock payable.

Stock_Options

Stock Options	6 Months Ended
	Oct. 31, 2014
Fair Value Disclosures [Abstract]
Stock Options	On March 14, 2014, the Company entered into two consulting agreements (refer to Note 8) whereby the Company granted 4,000,000 options to purchase shares of common stock exercisable for a period of two years at a price of $0.70 per share.
	The following table summarizes information about the stock options.
			Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value
		Outstanding and exercisable, October 31, 2014		4,000,000	$	0.7		1.37	$	—

Commitments_And_Contingencies

Commitments And Contingencies	6 Months Ended
	Oct. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.
	a) On January 10, 2014, the Company entered into a consulting agreement with a consultant who provided consulting services in consideration for $6,000 per month for a 4 month term. The consulting fee is payable as follows:
	i.  $3,000 per month settled in shares at the end of the term of the contract. The number of shares issuable is equal to $3,000 divided by the average of the 3 lowest trading prices in the last 10 days of each month.
	ii.  $3,000 per month payable in cash at the end of each month.
	As of October 31, 2014, no shares had been issued. The Company is obligated to issue 93,719 common shares.
	b) On March 14, 2014, the Company entered into a consulting agreement with the President of the Company for consulting services to be provided over a one-year term in consideration for $1,000 per month for the first month, and $3,000 per month for the following eleven months. The Company will also pay an initial signing bonus of $10,000. In addition, the President of the Company was granted 2,000,000 options to purchase shares of common stock exercisable for a period of two years at a price of $0.70 per share. During the six months ended October 31, 2014, the Company recognized $18,000 in consulting fees under the agreement and $88,000 for additional consulting fees incurred during the period.
	c)  On March 14, 2014, the Company entered into a consulting agreement with the CEO of the Company for consulting services to be provided over a one-year term in consideration for $3,000 per month. The Company will also pay an initial signing bonus of $10,000. In addition, the CEO of the Company was granted 2,000,000 options to purchase shares of common stock exercisable for a period of two years at a price of $0.70 per share. During the six months ended October 31, 2014, the Company recognized $18,000 in consulting fees.
	d)  On August 26, 2014, the Company entered into an Equity Purchase Agreement and Registration Rights Agreement with Premier Venture Partners, LLC (“Premier”) whereby Premier is obligated, providing the Company has met certain conditions including the filing of a Form S-1 Registration Statement for the shares to be acquired, to purchase up to $10,000,000 of the Company’s common stock at the rates set forth in the Equity Purchase Agreement. On August 26, 2014, the Company issued 3,955,070 common shares with a fair value of $279,855 to Premier.

Convertible_Debts

Convertible Debts	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
Convertible Debts	a) On July 25, 2014, the Company entered into a $10,000 8% Convertible Promissory Note with a non-related third party. Under the terms of the Convertible Promissory Note, all principal and interest matures on July 25, 2015. The third party shall have the right to convert any unpaid sums into common stock of the Company at the rate of the lesser of $0.09 per share or 50% of the lowest trade reported in the 10 days prior to date of conversion, subject to adjustment as described in the note. On September 16, 2014, the non-related third party paid $10,000 legal fees on behalf of the Company as proceeds from the $10,000 convertible note. As at October 31, 2014, the Company has recorded interest of $99.
	The embedded conversion option qualifies for derivative accounting and bifurcation under ASC 815-15 Derivatives and Hedging. The initial fair value of the conversion feature of $14,581 resulted in a discount to the note payable of $10,000 and the reaming $4,581 was recognized as interest expense. During the six months ended October 31, 2014, the Company recorded accretion of $5,538 increasing the carrying value of the note to $5,538.
	b) On August 6, 2014, the Company entered into a $275,000 10% Convertible Promissory Note with a non-related third party. Under the terms of the Convertible Promissory Note, the Company will receive principal in one or more installments with a Maturity Date for the Note of August 6, 2015. The third party shall have the right to convert any unpaid sums into common stock of the Company at the rate of the lesser of $0.08 per share or 55% of the lowest trade reported in the 15 days prior to date of conversion, subject to adjustment as described in the note. As at October 31, 2014, the Company has received $100,000 of principal, net of a discount of $10,000, and has recorded interest of $2,367.
	The embedded conversion option qualifies for derivative accounting and bifurcation under ASC 815-15 Derivatives and Hedging. The initial fair value of the conversion feature of $127,334 resulted in an additional discount to the note payable of $100,000 and the reaming $27,334 was recognized as interest expense. During the six months ended October 31, 2014, the Company recorded accretion of $17,000 increasing the carrying value of the note to $17,000.
	The Company incurred financing costs of $18,263 which consisted of $7,000 cash and 187,720 common shares with a fair value of $11,263 (Note 6). As at October 31, 2014, the Company had unamortized debt issuance costs of $15,441 which are being amortized over the life of the note payable.
	c) On August 21, 2014, the Company entered into a $133,000 5% Convertible Debenture with a non-related third party. Under the terms of the Convertible Debenture, all principal and interest is due on February 27, 2015. The convertible debenture is convertible at any time at the third party’s option into shares of the Company’s common stock at a variable conversion price of 55% of the lowest traded price during the 15 days prior to the notice of conversion, subject to adjustment as described in the convertible debenture. As at October 31, 2014, the Company has received $120,000 of principal, net of a discount of $13,000, and has recorded interest of $1,187.
	The embedded conversion option qualifies for derivative accounting and bifurcation under ASC 815-15 Derivatives and Hedging. The initial fair value of the conversion feature of $118,339 resulted in an additional discount to the note payable of $118,339. During the six months ended October 31, 2014, the Company recorded accretion of $25,300 increasing the carrying value of the note to $25,300.
	The Company incurred financing costs of $18,159 which consisted of $10,010 cash and 135,810 common shares with a fair value of $8,149 (Note 6). As at October 31, 2014, the Company had unamortized debt issuance costs of $14,705 which are being amortized over the life of the note payable.
	d) On September 24, 2014, the Company entered into a $350,000 Convertible Note with a non-related third party. Under the terms of the Convertible Note, the Company received $55,555 principal upon closing of the Note and the Company will receive the remaining principal in one or more installments with a Maturity Date for the Note of September 25, 2016. The convertible debenture bears a one-time interest charge of 12% provided that the principle sum is not repaid within 90 days from its effective date. The third party shall have the right to convert any unpaid sums into common stock of the Company at the rate of the lesser of $0.10 per share or 60% of the lowest trade reported in the 25 days prior to date of conversion, subject to adjustment as described in the note. As at October 31, 2014, the Company has received $50,000 of principal, net of a discount of $5,555, and has recorded interest of $0.
	The embedded conversion option qualifies for derivative accounting and bifurcation under ASC 815-15 Derivatives and Hedging. The initial fair value of the conversion feature of $73,811 resulted in an additional discount to the note payable of $50,000 and the reaming $23,811 was recognized as interest expense. During the six months ended October 31, 2014, the Company recorded accretion of $10,907 increasing the carrying value of the note to $10,907.
	The Company incurred financing costs of $8,500 which consisted of $3,500 cash and 83,333 common shares with a fair value of $5,000 (Note 6). As at October 31, 2014, the Company had unamortized debt issuance costs of $6,831 which are being amortized over the life of the note payable.
	Principal value of convertible debentures	$	308,555
	Less: repayment of principal		—
	Less: discount related to fair value of the embedded conversion feature		(278,339	)
	Less: discount related to original issue discount		(28,555	)
	Add: amortization of discount		58,745
	Carrying value at October 31, 2014	$	60,406

Derivative_Liabilities

Derivative Liabilities	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
Derivative Liabilities	The embedded conversion options of the Company’s convertible debentures described in Note 9 contain conversion features that qualify for embedded derivative classification. The fair value of these liabilities will be re-measured at the end of every reporting period and the change in fair value will be reported in the statement of operations as a gain or loss on derivative liabilities.
	The table below sets forth a summary of changes in the fair value of the Company’s Level 3 financial liabilities:
		For the six months ended October 31, 2014
	Balance at the beginning of period	$	—
	Fair value of new derivative liabilities (embedded conversion option)		334,065
	Change in fair value of derivative		32,517
	Balance at end of period	$	366,582
	The Company uses Level 3 inputs for its valuation methodology for the embedded conversion option liabilities as their fair values were determined by using the Black-Scholes option pricing model based on various assumptions. The model incorporates the price of a share of the Company’s common stock (as quoted on the Over the Counter Bulletin Board), volatility, risk free rate, dividend rate and estimated life. Significant changes in any of these inputs in isolation would result in a significant change in the fair value measurement. As required, these are classified based on the lowest level of input that is significant to the fair value measurement. The following table shows the assumptions used in the calculations:
		Expected Volatility		Risk-Free Interest Rate	Expected Dividend Yield			Expected Life (in years)
	At Issuance	157% - 182%		0.05% - 0.56%		0	%	0.50 - 2.00
	At October 31, 2014	136% - 190%		0.01% - 0.50%		0	%	0.33 - 1.90

Subsequent_Events

Subsequent Events	6 Months Ended
	Oct. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	On November 18, 2014, the Company entered into two $78,750 8% Convertible Notes with a non-related third party. Under the terms of the Convertible Notes, all principal and interest is due on November 18, 2015. The convertible debentures are convertible at any time after 180 days of the date of closing into shares of the Company’s common stock at a variable conversion price of 60% of the lowest traded price during the 20 days prior to the notice of conversion, subject to adjustment as described in the convertible debenture.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Company’s fiscal year end is April 30.
Interim Financial Statements	The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained elsewhere in this prospectus. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end April 30, 2014 have been omitted.
Use of Estimates	The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to intangible assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Cash and Cash Equivalents	The Company considers all highly liquid investments with maturities of three months or less to be cash equivalents.
Financial Instruments	The Company’s financial instruments consist of cash and cash equivalents, accounts payable, accrued liabilities, short term loan payable, convertible debt and an amount due to an officer. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
Intangible Assets	On January 22, 2014, the Company entered into an Exclusive License and Distribution Agreement (the “License Agreement”) with ME Resources Corp (“MEC”), a Canadian publicly listed company. The President of the Company is related to a director of MEC. Under the License Agreement, MEC appointed the Company as its exclusive distributor of Wellhead Micro-Refinery Units (“MRUs”) for the initial state of Texas. The License Agreement is for 5 years from the date of execution, but can be extended for two successive periods of an additional 5 years each.
	Pursuant to the License Agreement, the Company agreed to pay consideration of $400,000, payable in two instalments. $100,000 is to be paid within 30 days (paid) and the balance of $300,000 is to be paid within 90 days ($375,000 paid as of October 31, 2014). At October 31, 2014, the Company recorded the costs of acquiring the license as an intangible asset, and the remaining balance of $25,000 has not been paid and is included in accounts payable and accrued liabilities.
	On August 31, 2014, the Company entered into an Exclusive License for Additional Territories (the “Additional License”) with MEC. Under the Additional License, MEC appointed the Company as its exclusive distributor for the additional state of Montana. The Additional License is considered an amendment to the License Agreement and will be considered under the same terms as the License Agreement.
	Pursuant to the Additional License, the Company agreed to pay consideration of $250,000 payable within 60 days. As of October 31, 2014, the Company recorded the cost of acquiring the additional license as an intangible asset, and the remaining balance of $250,000 has not been paid and is included in accounts payable and accrued liabilities.
	During the three months ended October 31, 2014, the Company recorded amortization of $32,500 on the acquired licenses.
Deferred Financing Costs	The Company capitalizes direct costs incurred to obtain financings and amortize these costs over the terms of the related debt instrument using the interest method. Upon the extinguishment of the related debt, any unamortized deferred financing costs are immediately expensed.
Income Taxes	Deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.
Foreign Currency Translation	The Company’s planned operations will be in the United States, which results in exposure to market risks from changes in foreign currency exchange rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. The Company's functional currency for all operations worldwide is the U.S. dollar. Nonmonetary assets and liabilities are translated at historical rates and monetary assets and liabilities are translated at exchange rates in effect at the end of the year. Revenues and expenses are translated at average rates for the year. Gains and losses from translation of foreign currency financial statements into U.S. dollars are included in current results of operations.
Financial Derivatives	All derivatives are recorded at fair value on the balance sheet. Fair values for securities traded in the open market and derivatives are based on quoted market prices. Where market prices are not readily available, fair values are determined using market based pricing models incorporating readily observable market data and requiring judgment and estimates.
Fair Value Measurement	The Company values its derivative instruments under FASB ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements.
	Fair value is 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 (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).
	The three levels of the fair value hierarchy are as follows:
	Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.
	Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date.
	Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value. The Company uses Level 3 to value its derivative instruments.
	The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on September 30, 2014.
			Level 1		Level 2		Level 3		Total
	Liabilities
	Derivative liability	$	—	$	—	$	366,582	$	366,582
Revenue Recognition	The Company recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured.
Stock-Based Compensation	The expense for equity awards vested during the reporting period is based upon the grant date fair value of the award. The expense is recognized over the applicable vesting period of the stock award using the straight-line method.
Subsequent Events	The Company has evaluated all transactions through the date the financial statements were issued for subsequent event disclosure consideration.
Earnings (Loss) Per Common Share	Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. At October 31, 2014, the Company has no potentially dilutive securities outstanding.
Recent Accounting Pronouncements	The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Oct. 31, 2014
Summary Of Significant Accounting Policies Tables
Assets and Liabilities Measured at Fair Value			Level 1		Level 2		Level 3		Total
	Liabilities
	Derivative liability	$	—	$	—	$	366,582	$	366,582

Stock_Options_Tables

Stock Options (Tables)	6 Months Ended
	Oct. 31, 2014
Fair Value Disclosures [Abstract]
Schedule of Stock Options			Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value
		Outstanding and exercisable, October 31, 2014		4,000,000	$	0.7		1.37	$	—

Convertible_Debts_Tables

Convertible Debts (Tables)	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
Convertible Debt	Principal value of convertible debentures	$	308,555
	Less: repayment of principal		—
	Less: discount related to fair value of the embedded conversion feature		(278,339	)
	Less: discount related to original issue discount		(28,555	)
	Add: amortization of discount		58,745
	Carrying value at October 31, 2014	$	60,406

Derivative_Liabilities_Tables

Derivative Liabilities (Tables)	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements
Schedule of Derivates Liabilities		For the six months ended October 31, 2014
	Balance at the beginning of period	$	—
	Fair value of new derivative liabilities (embedded conversion option)		334,065
	Change in fair value of derivative		32,517
	Balance at end of period	$	366,582
Schedule of Fair Value Measurement		Expected Volatility		Risk-Free Interest Rate	Expected Dividend Yield			Expected Life (in years)
	At Issuance	157% - 182%		0.05% - 0.56%		0	%	0.50 - 2.00
	At October 31, 2014	136% - 190%		0.01% - 0.50%		0	%	0.33 - 1.90

Nature_of_Business_and_Continu1

Nature of Business and Continuance of Operations (Details Narrative)	6 Months Ended
	Oct. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Date of Incorporation	27-Mar-07

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - df (Details) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Derivative liability	$366,582
Level 1
Derivative liability
Level 2
Derivative liability
Level 3
Derivative liability	366,582
Total
Derivative liability	$366,582

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details Narrative)	6 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Fiscal Year End	-26
Estimated useful life	P5Y

Intangible_Asset_Details_Narra

Intangible Asset (Details Narrative) (USD $)	3 Months Ended	6 Months Ended
	Oct. 31, 2014	Oct. 31, 2014	Oct. 31, 2013
Balance		$25,000
Accounts payable incurred for purchase of license		250,000
License	32,500
License Agmt
Date Entered into Agreement		1/22/14
License Agreement Term		5 years
License Agreement Term, extension		10 years
License Agreement, Amount	400,000	400,000
Balance		300,000
License Agmt Payment #1
License Agreement, Installment Amount	100,000	100,000
License Agreement, Installment Due		30 days
License Agmt Payment #2
License Agreement, Installment Amount	$200,000	$200,000
License Agreement, Installment Due		90 days

ShortTerm_Loan_Details_Narrati

Short-Term Loan (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Apr. 30, 2014
Short-term loan, Principal Amount	$35,000		$35,000		$35,000
Interest expense	-119,095		-120,065
Repayment of Loan	35,000		35,000		35,000
Loan Agmt
Date Entered into Agreement			12/18/13
Short-term loan, Principal Amount	35,000		35,000
Interest rate	11.00%		11.00%
Maturity Date			30-Sep-14
Maturity date extension			31-Mar-15
Repayment of Loan	35,000		35,000
Interest Accrued	$3,246		$3,246

Due_To_Related_Parties_Details

Due To Related Parties (Details Narrative) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Related Party Transactions [Abstract]
Due to related parties	$173,850	$102,759

Common_Stock_Details_Narrative

Common Stock (Details Narrative) (USD $)	1 Months Ended
	Jun. 30, 2014	Mar. 31, 2014	Oct. 31, 2014	Oct. 30, 2014	Sep. 24, 2014	Aug. 26, 2014	Aug. 21, 2014	Aug. 06, 2014	Apr. 30, 2014	Jun. 05, 2014	Apr. 30, 2013	Mar. 10, 2014
Common Stock, Par Value			$0.00						$0.00
Common Stock, Shares Authorized			4,500,000,000						4,500,000,000
Common stock, Issued			111,861,934						107,500,000
Common Stock, Shares Issued				93,719	833,333	3,955,070	135,810	187,720
Common Stock, Share Issued Value			$111,862						$107,500
Common Stock, Fair Value				30,325	5,000	279,855	8,149	11,263
Common Stock Obligated to Issued, Fair Value			30,235
Stock Issuance 1
Common Stock, Shares Issued										5,000,000
Common Stock, Par Share Value										$0.05
Common Stock, Share Issued Value										250,000
Warrants, Exercise Price										$0.90
Warrants, Exercise Period	P2Y
Common Stock, Fair Value			184,608								65,392
Common Stock Obligated to Issued, Shares										5,000,000
Common Stock Obligated to Issued, Fair Value										250,000
Stock Issuance 2
Common Stock, Shares Issued												431,034
Common Stock, Par Share Value												$0.58
Common Stock, Share Issued Value												250,000
Warrants, Exercise Price												$0.90
Warrants, Exercise Period		P2Y
Common Stock, Fair Value			159,475								90,525
Common Stock Obligated to Issued, Shares												431,034
Common Stock Obligated to Issued, Fair Value												$250,000

Stock_Options_Schedule_of_Stoc

Stock Options - Schedule of Stock Options (Details) (USD $)	6 Months Ended
	Oct. 31, 2014
Fair Value Disclosures [Abstract]
Number of Options	4,000,000
Weighted Average Exercise Price	$0.70
Weighted Average Remaining Contractual Life	1 year 7 months
Aggregate Intrinsic Value

Stock_Options_Details_Narrativ

Stock Options (Details Narrative) (USD $)	6 Months Ended
	Oct. 31, 2014
Fair Value Disclosures [Abstract]
Stock Options	4,000,000
Exercise Period	2 years
Price per Share	$0.70

Commitments_And_Contingencies_

Commitments And Contingencies (Details Narrative) (USD $)	6 Months Ended
	Oct. 31, 2014	Oct. 30, 2014	Sep. 24, 2014	Aug. 26, 2014	Aug. 21, 2014	Aug. 06, 2014	Apr. 30, 2014
Common stock, issued	111,861,934						107,500,000
Stock Options	4,000,000
Exercise Period	2 years
Common Stock, Price per Share	$0.70
Common Stock, Shares Issued		93,719	833,333	3,955,070	135,810	187,720
Common Stock, Fair Value		$30,325	$5,000	$279,855	$8,149	$11,263
Consulting Agreement
Date Entered into Agreement	1/10/14
Monthly obligation, Shares	3,000
Monthly obligation, Amount	3,000
Total Monthly obligation	6,000
Common stock, issued	0
Common Stock Obligated to Issued, Shares	93,719
Consulting Agreement President
Date of Agreement	3/14/14
Term of Agreement	1 year
Consideration per month	3,000
Bonus	10,000
Stock Options	2,000,000
Exercise Period	2 years
Common Stock, Price per Share	$0.70
Consulting Fees	18,000
Additional Consulting Fees	88,000
Consulting Agreement CEO
Date of Agreement	3/14/14
Term of Agreement	1 year
Consideration per month	3,000
Bonus	10,000
Stock Options	2,000,000
Exercise Period	2 years
Common Stock, Price per Share	$0.70
Consulting Fees	18,000
Premier
Date of Agreement	8/26/14
Common Stock to Purchase	10,000,000
Common Stock, Shares Issued	3,955,070
Common Stock, Fair Value	$279,855

Convertible_Debts_Convertible_

Convertible Debts - Convertible Debt (Details) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Notes to Financial Statements
Principal value of convertible debentures	$308,555
Less: repayment of principal
Less: discount related to fair value of the embedded conversion feature	-278,339
Less: discount related to original issue discount	-28,555
Add: amortization of discount	58,745
Carrying value	$60,406

Convertible_Debts_Details_Narr

Convertible Debts (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 30, 2014	Sep. 24, 2014	Aug. 26, 2014	Aug. 21, 2014	Aug. 06, 2014	Apr. 30, 2014
Debt Discount	$248,149		$248,149							$0
Interest Expense	119,095		120,065
Financing Costs, Common Share Fair Value					30,325	5,000	279,855	8,149	11,263
Convertible Note 1
Promissory Note	10,000		10,000
Issuance Date			25-Jul-14
Interest Rate	8.00%		8.00%
Maturity Date			25-Jul-15
Conversion Rate	$0.09		$0.09
Legal Fees			10,000
Recorded Interest			99
Conversion Feature			14,581
Debt Discount	10,000		10,000
Interest Expense			4,581
Accretion			5,538
Note, Value	5,538		5,538
Convertible Note 2
Promissory Note	275,000		275,000
Issuance Date			6-Aug-14
Interest Rate	10.00%		10.00%
Maturity Date			6-Aug-15
Conversion Rate	$0.08		$0.08
Payment towards Principal	100,000		100,000
Original Discount	10,000		10,000
Recorded Interest			2,367
Conversion Feature			127,334
Debt Discount	100,000		100,000
Interest Expense			27,334
Accretion			17,000
Note, Value	17,000		17,000
Financing Costs			18,263
Financing Costs, Cash			7,000
Financing Costs, Common Shares			187,720
Financing Costs, Common Share Fair Value	11,263		11,263
Unamortized Debt Issuance	15,441		15,441
Convertible Debt 1
Promissory Note	133,000		133,000
Issuance Date			21-Aug-14
Interest Rate	5.00%		5.00%
Maturity Date			27-Feb-15
Payment towards Principal	120,000		120,000
Original Discount	13,000		13,000
Recorded Interest			1,187
Conversion Feature			118,339
Debt Discount	118,339		118,339
Accretion			25,300
Note, Value	25,300		25,300
Financing Costs			18,159
Financing Costs, Cash			10,010
Financing Costs, Common Shares			135,810
Financing Costs, Common Share Fair Value	8,149		8,149
Unamortized Debt Issuance	14,705		14,705
Convertible Note 3
Promissory Note	350,000		350,000
Issuance Date			24-Sep-14
Interest Rate	12.00%		12.00%
Maturity Date			25-Sep-16
Conversion Rate	$0.10		$0.10
Payment towards Principal	50,000		50,000
Original Discount	5,555		5,555
Recorded Interest			0
Conversion Feature			73,811
Debt Discount	50,000		50,000
Interest Expense			23,811
Accretion			10,907
Note, Value	10,907		10,907
Financing Costs			8,500
Financing Costs, Cash			3,500
Financing Costs, Common Shares			83,333
Financing Costs, Common Share Fair Value	5,000		5,000
Unamortized Debt Issuance	$6,831		$6,831

Derivative_Liabilities_Schedul

Derivative Liabilities - Schedule of Derivates Liabilities (Details) (USD $)	3 Months Ended		6 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Notes to Financial Statements
Beginning Balance, Derivative Liabilities
Fair value of new derivative liabilities (embedded conversion option)			334,065
Change in fair value of derivative	-32,517		-32,517
Ending Blanace, Derivative Liabilities	$366,582		$366,582

Derivative_Liabilities_Schedul1

Derivative Liabilities - Schedule of Fair Value Measurement (Details)	6 Months Ended
	Oct. 31, 2014
MinimumValueAtIssuanceMember
Volatility Rate	157.00%
Risk-Free Interest Rate	0.50%
Expected Dividend	0.00%
Expected Life	6 months
MaximumValueAtIssuanceMember
Volatility Rate	182.00%
Risk-Free Interest Rate	0.56%
Expected Dividend	0.00%
Expected Life	2 years
MinimumValueMember
Volatility Rate	136.00%
Risk-Free Interest Rate	0.10%
Expected Dividend	0.00%
Expected Life	3 months
MaximumValueMember
Volatility Rate	190.00%
Risk-Free Interest Rate	0.50%
Expected Dividend	0.00%
Expected Life	1 year 9 months

Subsequent_Events_Details_Narr

Subsequent Events (Details Narrative) (Two Notes, USD $)	6 Months Ended
	Oct. 31, 2014
Two Notes
Date of Agreement	18-Nov-14
Promissory Note	$78,750
Interest Rate	8.00%
Maturity Date	18-Nov-15