Cover
Cover - shares | 9 Months Ended | |
Jan. 31, 2022 | Feb. 28, 2022 | |
Cover [Abstract] | ||
Document Type | 10-Q/A | |
Amendment Flag | true | |
Amendment Description | Revised financials | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Jan. 31, 2022 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2022 | |
Current Fiscal Year End Date | --04-30 | |
Entity File Number | 001-36843 | |
Entity Registrant Name | GREEN STREAM HOLDINGS, INC. | |
Entity Central Index Key | 0001437476 | |
Entity Tax Identification Number | 20-1144153 | |
Entity Incorporation, State or Country Code | WY | |
Entity Address, Address Line One | 60 East 42nd Street | |
Entity Address, Address Line Two | Suite 4600 | |
Entity Address, City or Town | New York | |
Entity Address, State or Province | NY | |
Entity Address, Postal Zip Code | 10165 | |
City Area Code | (424) | |
Local Phone Number | 280-4096 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 444,034,166 |
CONSOLIDATED CONDENSED BALANCE
CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($) | Jan. 31, 2022 | Apr. 30, 2021 | Jan. 31, 2021 |
Current Assets | |||
Cash | $ 0 | $ 25 | |
Total Current Assets | 0 | 25 | |
Fixed Assets | |||
Furniture and equipment net of depreciation (Note 3) | 530,831 | 1,135,615 | $ 1,060,942 |
Other Assets | |||
Other assets | 725,935 | 0 | |
TOTAL ASSETS | 1,256,766 | 1,135,640 | |
Current Liabilities | |||
Accounts Payable | 241,528 | 89,448 | |
Other Current Liabilities | 0 | 0 | |
Accrued Interest Payable | 53,904 | 10,872 | |
Due to related party ( Note 7) | 24,079 | 225,077 | |
Notes Payable (Note 8) | 331,980 | 311,900 | |
Convertible Notes Payable (Note 9) | 749,600 | 290,000 | |
Total Current Liabilities | 1,401,091 | 927,297 | |
TOTAL LIABILITIES | 1,401,091 | 927,297 | |
STOCKHOLDERS’ EQUITY (DEFICIT) | |||
Common Stock, $.001 par value 10,000,000,000 Authorized 435,239,703 Issued and Outstanding at January 31, 2022 and 159,959,140 at April 30, 2021 | 435,240 | 159,959 | |
Additional paid-in-capital | 13,649,857 | 9,372,230 | |
Accumulated deficit | (14,230,835) | (9,325,230) | |
Total Stockholders’ Equity (Deficit) | (144,325) | 208,343 | 110,325 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | 1,256,766 | $ 1,135,640 | |
Series A Preferred Stock [Member] | |||
STOCKHOLDERS’ EQUITY (DEFICIT) | |||
Preferred stock, value | 53 | 53 | |
Series B Preferred Stock [Member] | |||
STOCKHOLDERS’ EQUITY (DEFICIT) | |||
Preferred stock, value | 600 | 600 | |
Series C Preferred Stock [Member] | |||
STOCKHOLDERS’ EQUITY (DEFICIT) | |||
Preferred stock, value | $ 760 | $ 760 |
CONSOLIDATED CONDENSED BALANC_2
CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares | Jan. 31, 2022 | Apr. 30, 2021 | Jan. 31, 2021 |
Common stock, par value | $ 0.001 | $ 0.001 | |
Common stock, shares authorized | 10,000,000,000 | 10,000,000,000 | |
Common stock, shares issued | 435,239,703 | 159,959,140 | |
Common stock, shares outstanding | 435,239,703 | 159,959,140 | |
Series A Preferred Stock [Member] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | |
Preferred stock, shares issued | 53,000 | 53,000 | |
Preferred stock, shares outstanding | 53,000 | 53,000 | |
Series B Preferred Stock [Member] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | |
Preferred stock, shares issued | 600,000 | 600,000 | |
Preferred stock, shares outstanding | 600,000 | 600,000 | |
Series C Preferred Stock [Member] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 | |
Preferred stock, shares issued | 760,000 | 760,000 | |
Preferred stock, shares outstanding | 760,000 | 760,000 |
CONSOLIDATED CONDENSED STATEMEN
CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Jan. 31, 2022 | Jan. 31, 2021 | Jan. 31, 2022 | Jan. 31, 2021 | |
REVENUES: | ||||
Sales | $ 0 | $ 0 | $ 0 | $ 0 |
TOTAL REVENUE | 0 | 0 | 0 | 0 |
COST OF SALES | 0 | 0 | 0 | 0 |
GROSS MARGIN | 0 | 0 | 0 | 0 |
OPERATING EXPENSES: | ||||
Administrative expenses | 109,969 | 64,759 | 211,267 | 320,146 |
Advertising & Promotion | 96,000 | 39,217 | 807,329 | 112,808 |
Depreciation and amortization | 15,020 | 15,020 | 45,060 | 30,040 |
Travel | 175,072 | 53,413 | 403,953 | 117,721 |
Insurance | 5,273 | 38,009 | 770 | |
Legal Fees | 165,000 | 45,000 | 663,494 | 195,450 |
Professional Fees | 215,567 | 81,628 | 854,428 | 192,803 |
Stock in lieu of services | 0 | 0 | 1,121,910 | 3,233 |
Rent | 5,388 | 6,650 | 89,302 | 29,650 |
Total Operating expenses | 787,289 | 305,687 | 4,234,751 | 1,002,621 |
NET OPERATING INCOME/ LOSS | (787,289) | (305,687) | (4,234,751) | (1,002,621) |
OTHER INCOME/(EXPENSE) | ||||
Impairment expense | 0 | 0 | (615,654) | 0 |
Finance and interest fees | (33,533) | (21,154) | (55,169) | (76,194) |
NET INCOME/(LOSS) | $ (820,822) | $ (326,841) | $ (4,905,575) | $ (1,078,815) |
Basic and Diluted Loss per Common Share | $ (0.0019) | $ (0.0042) | $ (0.012) | $ (0.014) |
Weighted Average Number of Common Shares Outstanding | 435,239,703 | 77,654,000 | 435,239,703 | 77,654,000 |
CONSOLIDATED STATEMENTS OF CHAN
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Apr. 30, 2020 | $ 1,413 | $ 26,701 | $ 864,540 | $ (369,062) | $ 523,592 |
Shares, Outstanding, Beginning Balance at Apr. 30, 2020 | 1,413,000 | 26,700,655 | |||
Commitment for share issuance | (193,000) | (193,000) | |||
Issuance of Common Shares for Services | $ 15,975 | 15,975 | |||
Issuance of Common Shares for Services, Shares | 15,975,000 | ||||
Issuance of Common Shares for REG A | $ 2,500 | 471,800 | 474,300 | ||
Issuance of Common Shares for REG A, shares | 2,500,000 | ||||
Issuance of Common Shares for financing | $ 20,220 | 212,262 | 232,482 | ||
Issuance of Common Shares for financing, shares | 20,220,000 | ||||
Net Loss January 31, 2022 | (606,460) | (606,460) | |||
Ending balance, value at Jul. 31, 2020 | $ 1,413 | $ 65,396 | 1,355,602 | (972,702) | 449,709 |
Shares, Outstanding, Ending Balance at Jul. 31, 2020 | 1,413,000 | 65,396,665 | |||
Issuance of Common Shares for Services | $ 1,000 | 1,000 | |||
Issuance of Common Shares for Services, Shares | 1,000,000 | ||||
Issuance of Common Shares for financing | $ 508 | 34,562 | 34,620 | ||
Issuance of Common Shares for financing, shares | 507,500 | ||||
Issuance of Common Shares for Settlement | $ 2,233 | 2,233 | |||
Net Loss January 31, 2022 | (148,334) | (148,334) | |||
Issuance of Common Shares for Settlement, Shares | 2,233,335 | ||||
Ending balance, value at Oct. 31, 2020 | $ 1,413 | $ 69,136 | 1,390,164 | (1,124,036) | 336,678 |
Shares, Outstanding, Ending Balance at Oct. 31, 2020 | 1,413,000 | 69,136,490 | |||
Issuance of Common Shares for REG A | $ 2,562 | 205,000 | 207,563 | ||
Issuance of Common Shares for REG A, shares | 2,562,510 | ||||
Issuance of Common Shares for financing | $ 5,955 | (116,029) | (110,074) | ||
Issuance of Common Shares for financing, shares | 5,955,000 | ||||
Net Loss January 31, 2022 | (326,841) | (326,841) | |||
Ending balance, value at Jan. 31, 2021 | $ 1,413 | $ 77,654 | 1,479,135 | (1,447,877) | 110,325 |
Shares, Outstanding, Ending Balance at Jan. 31, 2021 | 1,413,000 | 77,654,000 | |||
Beginning balance, value at Apr. 30, 2021 | $ 1,413 | $ 159,959 | 9,372,230 | (9,325,259) | 208,343 |
Shares, Outstanding, Beginning Balance at Apr. 30, 2021 | 1,413,000 | 159,959,140 | |||
Issuance of Common Shares for Services | $ 8,343 | 551,967 | 560,310 | ||
Issuance of Common Shares for Services, Shares | 8,343,000 | ||||
Issuance of Common Shares for REG A | $ 27,184 | 1,203,816 | 1,231,000 | ||
Issuance of Common Shares for REG A, shares | 27,183,352 | ||||
Issuance of Common Shares for Stock Dividend | $ 1,725 | (1,725) | 124,219 | ||
Net Loss January 31, 2022 | (1,807,070) | (1,807,070) | |||
Issuance of Common Shares for Stock Dividend, shares | 1,725,275 | ||||
Ending balance, value at Jul. 31, 2021 | $ 1,413 | $ 197,211 | 11,126,288 | (11,132,329) | 192,583 |
Shares, Outstanding, Ending Balance at Jul. 31, 2021 | 1,413,000 | 197,210,767 | |||
Issuance of Common Shares for Services | $ 7,800 | 553,800 | 561,800 | ||
Issuance of Common Shares for Services, Shares | 7,800,000 | ||||
Issuance of Common shares for Debt Conversion | $ 30,655 | 122,845 | 153,500 | ||
Issuance of Common shares for Debt Conversion, shares | 30,654,716 | ||||
Issuance of Common Shares for REG A | $ 91,546 | 1,283,924 | 1,375,470 | ||
Issuance of Common Shares for REG A, shares | 91,545,832 | ||||
Net Loss January 31, 2022 | (2,277,684) | (2,277,684) | |||
Ending balance, value at Oct. 31, 2021 | $ 1,413 | $ 327,212 | 13,086,857 | (13,410,013) | 5,469 |
Shares, Outstanding, Ending Balance at Oct. 31, 2021 | 1,413,000 | 327,211,315 | |||
Issuance of Common shares for Debt Conversion | $ 59,028 | 59,028 | |||
Issuance of Common shares for Debt Conversion, shares | 59,028,388 | ||||
Issuance of Common Shares for REG A | $ 49,000 | 563,000 | 612,000 | ||
Issuance of Common Shares for REG A, shares | 49,000,000 | ||||
Net Loss January 31, 2022 | (820,822) | (820,822) | |||
Ending balance, value at Jan. 31, 2022 | $ 1,413 | $ 435,240 | $ 13,649,857 | $ (14,230,835) | $ (144,325) |
Shares, Outstanding, Ending Balance at Jan. 31, 2022 | 1,413,000 | 435,239,703 |
CONSOLIDATED CONDENSED STATEM_2
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) | 9 Months Ended | |
Jan. 31, 2022 | Jan. 31, 2021 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net loss for the period | $ (4,905,575) | $ (1,078,815) |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||
Amortization | 0 | 0 |
Depreciation | 45,060 | 30,040 |
Shares issued for services | 1,121,910 | 3,233 |
Impairment expense | 615,654 | 0 |
Changes in operating assets and Liabilities: | ||
Increase/(decrease) in accrued interest payable | 43,032 | 0 |
(Increase)/decrease in other current assets | (492,337) | 0 |
Increase/ (decrease) in accounts payable | 152,080 | (14,379) |
Overdraft | 17,501 | |
Net cash used in operating activities | (3,420,176) | (1,042,420) |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Acquisition of Assets | (289,530) | (172,245) |
Net cash provided by (used in) investing activities | (289,530) | (172,245) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Proceeds from loans from stockholder | (200,998) | 122,563 |
Proceeds from Notes Payable | 479,680 | 415,405 |
Proceeds from Reg A | 3,218,471 | 682,500 |
Principal payments on convertible debt | 212,528 | 0 |
Net cash provided by (used in) financing activities | 3,709,681 | 1,220,468 |
Net increase (decrease) in cash and cash equivalents | (25) | 5,803 |
Cash and cash equivalents - beginning of period | 25 | 0 |
Cash and cash equivalents - end of period | 0 | 5,803 |
NON CASH TRANSACTIONS | ||
Shares issued from liabilities | 0 | 0 |
Stock Dividend | $ 1,725 | $ 0 |
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Jan. 31, 2022 | |
Accounting Policies [Abstract] | |
SIGNIFICANT ACCOUNTING POLICIES | NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES A. ORGANIZATION AND OPERATIONS The Company was originally incorporated on April 12, 2004, in the State of Nevada under the name of Ford-Spoleti Holdings, Inc. On June 4, 2009, the Company merged with Eagle Oil Holding Company, a Nevada corporation, and the surviving entity, the Company, changed its name to “Eagle Oil Holding Company, Inc.” Inception of the current Company occurred February 8, 2019 when the Company was acquired by Green Stream Holdings Inc. Previously there was no activity from October 31, 2017 until the acquisition of February 8, 2019. On April 25, 2019, the Company changed its name to “Green Stream Holdings Inc.” and is deemed to be a continuation of business of Eagle Oil Holding Company, Inc. Additionally, the Company was reorganized that so that the Company became operating as a holding company of Green Stream Finance, Inc., a Wyoming Corporation. That reorganization, inter alia, gave Madeline Cammarata, President of Green Stream Finance, Inc., the majority of the voting power in the Company. On April 25, 2019 the Company also filed the certificate of Amendment to Articles of Incorporation with the Secretary of State of Nevada providing for reverse stock split: each thirty thousand shares of common stock of the Company issued and outstanding immediately prior to the “effective time” of the filing were automatically and without any action on the part of the respective holders thereof, be combined and converted into one (1) share of common stock, provided that no fractional shares were to be issued in connection with said reverse stock split. On May 15, 2019, the Company filed the articles of conversion with the secretary of state of Nevada, to convert the company from Nevada Corporation to Wyoming Corporation. The Company is in good standing in the State of Wyoming as of September 25, 2019. The Company’s common shares are quoted on the “Pink Sheets” quotation market under the symbol “GSFI.” B. PRINCIPLES OF CONSOLIDATION These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary Green Stream Finance, Inc. based in the state of Wyoming. All material inter-company balances and transactions were eliminated upon consolidation. C. BASIS OF ACCOUNTING The Company utilizes the accrual method of accounting, whereby revenue is recognized when earned and expenses when incurred. The financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information. As such, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and these adjustments are of a normal recurring nature. D. USE OF ESTIMATES The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. E. CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand; cash in banks and any highly liquid investments with maturity of three months or less at the time of purchase. The Company maintains cash and cash equivalent balances at several financial institutions, which are insured by the Federal Deposit Insurance Corporation up to $ 250,000 F. COMPUTATION OF EARNINGS PER SHARE Net income per share is computed by dividing the net income by the weighted average number of common shares outstanding during the period. Due to the net loss, the options and stock conversion of debt are not used in the calculation of earnings per share because the stock conversions and options are considered to be antidilutive. G. INCOME TAXES The Company accounts for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company’s management has reviewed the Company’s tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore the implementation of this standard has not had a material effect on the Company. H. REVENUE RECOGNITION Revenue for license fees is recognized upon the execution and closing of the contract for the amount of the contract. Contract fees are generally due based upon various progress milestones. Revenue from contract payments are estimated and accrued as earned. Any adjustments between actual contract payments and estimates are made to current operations in the period they are determined. I. FAIR VALUE MEASUREMENT The Company determines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amounts reported in the balance sheet for cash, accounts receivable, inventory, accounts payable and accrued expenses, and loans payable approximate their fair market value based on the short-term maturity of these instruments. Fair value measurements are determined based on the assumptions that market participants would use in pricing an asset or liability. US GAAP establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The established fair value hierarchy prioritizes the use of inputs used in valuation methodologies into the following three levels: · Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and must be used to measure fair value whenever available. · Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. · Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. For example, level 3 inputs would relate to forecasts of future earnings and cash flows used in a discounted future cash flows method. J. STOCK-BASED COMPENSATION The Company measures and recognizes compensation expense for all share-based payment awards made to employees, consultants and directors including employee stock options based on estimated fair values. Stock-based compensation expense recognized for the years ended April 30 2021 and 2020 was $ 15,975 0 Share-based compensation expense recognized in the Company’s consolidated statement of operations for the years ended April 30, 2021 included compensation expense for share-based payment awards granted in December 31, 2020 K. SALES AND ADVERTISING The costs of sales and advertising are expensed as incurred. Sales and advertising expense was $ 807,329 112,808 L. NEW ACCOUNTING PRONOUNCEMENTS The Company reviews new accounting standards as issued. No new standards had any material effect on these financial statements. The accounting pronouncements issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these consolidated financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these consolidated financial statements as presented and does not anticipate the need for any future restatement of these consolidated financial statements because of the retro-active application of any accounting pronouncements issued subsequent to January 31, 2022 through the date these financial statements were issued. M. FURNITURE AND EQUIPMENT Furniture and equipment are recorded at costs and consists of furniture and fixtures, computers and office equipment. We compute depreciation using the straight-line method over the estimated useful lives of the assets. Expenditures for major betterments and additions are charged to the property accounts, while replacements, maintenance, and repairs that do not improve or extend the lives of the respective assets are charged to expense. N. INTELLECTUAL PROPERTY Intangible assets (intellectual property) are recorded at cost and are amortized over the estimated useful life of the asset. Management evaluates the fair market value to determine if the asset should be impaired at the end of each year. O. IMPAIRMENT OF LONG-LIVED ASSETS The Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life. Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances. An impairment loss is recognized when the carrying amount is not recoverable and exceeds fair value. |
GOING CONCERN AND LIQUIDITY CON
GOING CONCERN AND LIQUIDITY CONSIDERATIONS | 9 Months Ended |
Jan. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN AND LIQUIDITY CONSIDERATIONS | NOTE 2 - GOING CONCERN AND LIQUIDITY CONSIDERATIONS The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. At January 31, 2022 the Company had a loss from operations, for the nine months ended, of $ 4,905,575 14,230,835 1,401,091 The Company depends upon capital to be derived from future financing activities such as subsequent offerings of its common stock or debt financing in order to operate and grow the business. There can be no assurance that the Company will be successful in raising such capital. The key factors that are not within the Company's control and that may have a direct bearing on operating results include, but are not limited to, acceptance of the Company's business plan, the ability to raise capital in the future, the ability to expand its customer base, and the ability to hire key employees to provide services. There may be other risks and circumstances that management may be unable to predict. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern. |
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT | 9 Months Ended |
Jan. 31, 2022 | |
Property, Plant and Equipment [Abstract] | |
PROPERTY AND EQUIPMENT | NOTE 3 – PROPERTY AND EQUIPMENT Property and equipment at January 31, 2022 and January 31, 2021 consists of the following: Schedule of property and equipment January 31, 2022 January 31, 2021 Furniture and Fixtures $ 620,951 $ 1,060,942 Less: Accumulated Depreciation (90,120 ) (0 ) Net Property and Equipment $ 530,831 $ 1,060,942 45,060 0 |
INTANGIBLE ASSETS
INTANGIBLE ASSETS | 9 Months Ended |
Jan. 31, 2022 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
INTANGIBLE ASSETS | NOTE 4 – INTANGIBLE ASSETS Intangible Assets at January 31, 2022 and January 31, 2021 consists of the following: Schedule of intangible assets January 31, 2022 January 31, 2021 Intangible Assets $ – $ – Less: Accumulated Amortization – – Less: Impairment – – Net Intangible Assets $ – $ – The Company determined that the various intellectual properties acquired in the merger with Eagle Oil will have no value in the Company’s future projects. At January 31, 2022, the Company has determined that the intangible asset should be fully impaired as of January 31, 2021 |
STOCKHOLDERS_ EQUITY_ (DEFICIT)
STOCKHOLDERS’ EQUITY/ (DEFICIT) | 9 Months Ended |
Jan. 31, 2022 | |
Equity [Abstract] | |
STOCKHOLDERS’ EQUITY/ (DEFICIT) | NOTE 5 – STOCKHOLDERS’ EQUITY/ (DEFICIT) AUTHORIZED SHARES & TYPES As of January 31, 2022, we had 435,239,703 Shares of Common Stock and of: ● 1,000,000 authorized shares of Convertible Series A Preferred Shares. Convertible Series A Preferred Shares are convertible into the shares of Common Stock at a ratio of 1,000 shares of Convertible Series A Preferred Shares to 1 share of Common Stock. There are 53,000 shares issued and outstanding or 53 votes. ● 1,000,000 Convertible Series B Preferred Shares. Convertible Series B Preferred Shares are convertible into the shares of Common Stock at a ratio of 1,000,000 shares of Common Stock for each single Convertible Series B Preferred Share. 600,000 600,000,000,000 votes. ● 10,000,000 Convertible Series C Preferred Shares. Convertible Series C Preferred Shares are convertible into Common Stock at a ratio of 1,000 shares of Convertible Series C Preferred Share for one share of Common Stock. 760,000 760 votes. |
INCOME TAXES
INCOME TAXES | 9 Months Ended |
Jan. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
INCOME TAXES | NOTE 6 – INCOME TAXES Deferred tax assets arising as a result of net operation loss carry forwards have been offset completely by a valuation allowance due to the uncertainty of their utilization in future periods. Based on its evaluation, the Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. The Company’s evaluation was performed for the tax years ended April 30, 2021 and 2020 for U.S. Federal Income Tax and for the State of Wyoming. A reconciliation of income taxes at statutory rates with the reported taxes follows: Schedule of Reconciliation of income tax January 31, 2022 January 31 2021 Loss before income tax benefit $ 14,210,835 $ 256,348 Expected income tax benefit (5,684,334 ) (94,283 ) Non-deductible expenses – – Tax loss benefit not recognized for book purposes, valuation allowance $ 5,684,334 $ 94,283 Total income tax $ – $ – The Company has net operating loss carry forwards in the amount of approximately $ 14,210,835 11,149,049 1,526,063 The Company follows the provisions of uncertain tax positions. The Company recognized approximately no increase in the liability for unrecognized tax benefits. The Company has no tax position at January 31 2022 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest and penalties at January 31, 2022. The open tax years are from 2019 through 2029. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Jan. 31, 2022 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 7 – RELATED PARTY TRANSACTIONS During the Nine months ended January 31, 2022 and 2021 a Company shareholder had advanced $ 0 0 24,079 25,930 |
NOTES AND OTHER LOANS PAYABLE
NOTES AND OTHER LOANS PAYABLE | 9 Months Ended |
Jan. 31, 2022 | |
Debt Disclosure [Abstract] | |
NOTES AND OTHER LOANS PAYABLE | NOTE 8 – NOTES AND OTHER LOANS PAYABLE On December 11, 2019 the company agreed to pay Cheryl Hintzen $ 40,000 10 559 8,000 March 8, 2020 10 1,321 On February 21, 2020 the Company borrowed $ 25,000 10 April 30, 2020 The following schedule is Notes Payable at January 31, 2022 and January 31, 2021: Schedule of debt Description January 31, 2021 January 31, 2020 Note Payable to Ford Motor Credit $ 31,080 $ – Note payable to Cheryl Hintzen due December 11, 2021; interest at 10% 40,000 40,000 Note Payable to Cheryl Hintzen due March 8, 2020: interest 10% 14,000 14,000 Notes Payable Sixth Street Lending 250,000 – Note Payable Dr. Jason Cohen 1,000,000 shares $.20 200,000 200,000 Note Payable Quick Capital LLC 239,600 – Note Payable Quick Capital LLC 50,000 – Note Payable GS Capital 210,000 – Note payable escrow attorney for REG A shares – 46,900 Total Notes Payable $ 1,081,580 $ 340,900 |
CONVERTIBLE NOTE PAYABLE
CONVERTIBLE NOTE PAYABLE | 9 Months Ended |
Jan. 31, 2022 | |
Debt Disclosure [Abstract] | |
CONVERTIBLE NOTE PAYABLE | NOTE 9 – CONVERTIBLE NOTE PAYABLE On September 13, 2020 the Company borrowed $ 250,000 10 March 13, 2021 290,000 1,500,000 110 .015 On May 27, 2021 the Company borrowed $ 230,000 8 May 27, 2022 20,000 1,012 210,000 On April 14, 2021 the Company borrowed $ 325,000 10 50,000 18,000 17,400 .001 239,600 On August 26, 2021 the Company borrowed $ 50,000 10 110 50,000 On November 8, 2021 the Company borrowed the sum of $ 83,750.00 May 8, 2022 0.04 83,750.00 On November 29, 2021 the Company borrowed the sum of $ 58,750.00 May 28, 2022 8 0.04 At any time following the Initial Period, the Conversion Price shall be equal to the Variable Conversion Price (as defined herein)(subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions. On December 21, 2021 the Company borrowed the sum of $ 53,750.00 June 21, 2022 8 0.04 At any time following the Initial Period, the Conversion Price shall be equal to the Variable Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Variable Conversion Price" shall mean 65 53,750 On January 11, 2022 the Company borrowed the sum of $ 53,750.00 July 11, 2022 8 0.04 At any time following the Initial Period, the Conversion Price shall be equal to the Variable Conversion Price (as defined herein)(subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Variable Conversion Price" shall mean 65% multiplied by the Market Price (as defined herein) (representing a discount rate of 35%). The balance on the note is $53,750.00. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Jan. 31, 2022 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 10 - SUBSEQUENT EVENTS Subsequent events were evaluated through March 14, 2022 which is the date the financial statements were available to be issued. There were no events that would require additional disclosure at the time of financial statement presentation. |
SIGNIFICANT ACCOUNTING POLICI_2
SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Jan. 31, 2022 | |
Accounting Policies [Abstract] | |
ORGANIZATION AND OPERATIONS | A. ORGANIZATION AND OPERATIONS The Company was originally incorporated on April 12, 2004, in the State of Nevada under the name of Ford-Spoleti Holdings, Inc. On June 4, 2009, the Company merged with Eagle Oil Holding Company, a Nevada corporation, and the surviving entity, the Company, changed its name to “Eagle Oil Holding Company, Inc.” Inception of the current Company occurred February 8, 2019 when the Company was acquired by Green Stream Holdings Inc. Previously there was no activity from October 31, 2017 until the acquisition of February 8, 2019. On April 25, 2019, the Company changed its name to “Green Stream Holdings Inc.” and is deemed to be a continuation of business of Eagle Oil Holding Company, Inc. Additionally, the Company was reorganized that so that the Company became operating as a holding company of Green Stream Finance, Inc., a Wyoming Corporation. That reorganization, inter alia, gave Madeline Cammarata, President of Green Stream Finance, Inc., the majority of the voting power in the Company. On April 25, 2019 the Company also filed the certificate of Amendment to Articles of Incorporation with the Secretary of State of Nevada providing for reverse stock split: each thirty thousand shares of common stock of the Company issued and outstanding immediately prior to the “effective time” of the filing were automatically and without any action on the part of the respective holders thereof, be combined and converted into one (1) share of common stock, provided that no fractional shares were to be issued in connection with said reverse stock split. On May 15, 2019, the Company filed the articles of conversion with the secretary of state of Nevada, to convert the company from Nevada Corporation to Wyoming Corporation. The Company is in good standing in the State of Wyoming as of September 25, 2019. The Company’s common shares are quoted on the “Pink Sheets” quotation market under the symbol “GSFI.” |
PRINCIPLES OF CONSOLIDATION | B. PRINCIPLES OF CONSOLIDATION These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary Green Stream Finance, Inc. based in the state of Wyoming. All material inter-company balances and transactions were eliminated upon consolidation. |
BASIS OF ACCOUNTING | C. BASIS OF ACCOUNTING The Company utilizes the accrual method of accounting, whereby revenue is recognized when earned and expenses when incurred. The financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information. As such, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and these adjustments are of a normal recurring nature. |
USE OF ESTIMATES | D. USE OF ESTIMATES The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. |
CASH AND CASH EQUIVALENTS | E. CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand; cash in banks and any highly liquid investments with maturity of three months or less at the time of purchase. The Company maintains cash and cash equivalent balances at several financial institutions, which are insured by the Federal Deposit Insurance Corporation up to $ 250,000 |
COMPUTATION OF EARNINGS PER SHARE | F. COMPUTATION OF EARNINGS PER SHARE Net income per share is computed by dividing the net income by the weighted average number of common shares outstanding during the period. Due to the net loss, the options and stock conversion of debt are not used in the calculation of earnings per share because the stock conversions and options are considered to be antidilutive. |
INCOME TAXES | G. INCOME TAXES The Company accounts for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company’s management has reviewed the Company’s tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore the implementation of this standard has not had a material effect on the Company. |
REVENUE RECOGNITION | H. REVENUE RECOGNITION Revenue for license fees is recognized upon the execution and closing of the contract for the amount of the contract. Contract fees are generally due based upon various progress milestones. Revenue from contract payments are estimated and accrued as earned. Any adjustments between actual contract payments and estimates are made to current operations in the period they are determined. |
FAIR VALUE MEASUREMENT | I. FAIR VALUE MEASUREMENT The Company determines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amounts reported in the balance sheet for cash, accounts receivable, inventory, accounts payable and accrued expenses, and loans payable approximate their fair market value based on the short-term maturity of these instruments. Fair value measurements are determined based on the assumptions that market participants would use in pricing an asset or liability. US GAAP establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The established fair value hierarchy prioritizes the use of inputs used in valuation methodologies into the following three levels: · Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and must be used to measure fair value whenever available. · Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. · Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. For example, level 3 inputs would relate to forecasts of future earnings and cash flows used in a discounted future cash flows method. |
STOCK-BASED COMPENSATION | J. STOCK-BASED COMPENSATION The Company measures and recognizes compensation expense for all share-based payment awards made to employees, consultants and directors including employee stock options based on estimated fair values. Stock-based compensation expense recognized for the years ended April 30 2021 and 2020 was $ 15,975 0 Share-based compensation expense recognized in the Company’s consolidated statement of operations for the years ended April 30, 2021 included compensation expense for share-based payment awards granted in December 31, 2020 |
SALES AND ADVERTISING | K. SALES AND ADVERTISING The costs of sales and advertising are expensed as incurred. Sales and advertising expense was $ 807,329 112,808 |
NEW ACCOUNTING PRONOUNCEMENTS | L. NEW ACCOUNTING PRONOUNCEMENTS The Company reviews new accounting standards as issued. No new standards had any material effect on these financial statements. The accounting pronouncements issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these consolidated financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these consolidated financial statements as presented and does not anticipate the need for any future restatement of these consolidated financial statements because of the retro-active application of any accounting pronouncements issued subsequent to January 31, 2022 through the date these financial statements were issued. |
FURNITURE AND EQUIPMENT | M. FURNITURE AND EQUIPMENT Furniture and equipment are recorded at costs and consists of furniture and fixtures, computers and office equipment. We compute depreciation using the straight-line method over the estimated useful lives of the assets. Expenditures for major betterments and additions are charged to the property accounts, while replacements, maintenance, and repairs that do not improve or extend the lives of the respective assets are charged to expense. |
INTELLECTUAL PROPERTY | N. INTELLECTUAL PROPERTY Intangible assets (intellectual property) are recorded at cost and are amortized over the estimated useful life of the asset. Management evaluates the fair market value to determine if the asset should be impaired at the end of each year. |
IMPAIRMENT OF LONG-LIVED ASSETS | O. IMPAIRMENT OF LONG-LIVED ASSETS The Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life. Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances. An impairment loss is recognized when the carrying amount is not recoverable and exceeds fair value. |
PROPERTY AND EQUIPMENT (Tables)
PROPERTY AND EQUIPMENT (Tables) | 9 Months Ended |
Jan. 31, 2022 | |
Property, Plant and Equipment [Abstract] | |
Schedule of property and equipment | Schedule of property and equipment January 31, 2022 January 31, 2021 Furniture and Fixtures $ 620,951 $ 1,060,942 Less: Accumulated Depreciation (90,120 ) (0 ) Net Property and Equipment $ 530,831 $ 1,060,942 |
INTANGIBLE ASSETS (Tables)
INTANGIBLE ASSETS (Tables) | 9 Months Ended |
Jan. 31, 2022 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Schedule of intangible assets | Schedule of intangible assets January 31, 2022 January 31, 2021 Intangible Assets $ – $ – Less: Accumulated Amortization – – Less: Impairment – – Net Intangible Assets $ – $ – |
INCOME TAXES (Tables)
INCOME TAXES (Tables) | 9 Months Ended |
Jan. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
Schedule of Reconciliation of income tax | Schedule of Reconciliation of income tax January 31, 2022 January 31 2021 Loss before income tax benefit $ 14,210,835 $ 256,348 Expected income tax benefit (5,684,334 ) (94,283 ) Non-deductible expenses – – Tax loss benefit not recognized for book purposes, valuation allowance $ 5,684,334 $ 94,283 Total income tax $ – $ – |
NOTES AND OTHER LOANS PAYABLE (
NOTES AND OTHER LOANS PAYABLE (Tables) | 9 Months Ended |
Jan. 31, 2022 | |
Debt Disclosure [Abstract] | |
Schedule of debt | Schedule of debt Description January 31, 2021 January 31, 2020 Note Payable to Ford Motor Credit $ 31,080 $ – Note payable to Cheryl Hintzen due December 11, 2021; interest at 10% 40,000 40,000 Note Payable to Cheryl Hintzen due March 8, 2020: interest 10% 14,000 14,000 Notes Payable Sixth Street Lending 250,000 – Note Payable Dr. Jason Cohen 1,000,000 shares $.20 200,000 200,000 Note Payable Quick Capital LLC 239,600 – Note Payable Quick Capital LLC 50,000 – Note Payable GS Capital 210,000 – Note payable escrow attorney for REG A shares – 46,900 Total Notes Payable $ 1,081,580 $ 340,900 |
SIGNIFICANT ACCOUNTING POLICI_3
SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) | 1 Months Ended | 3 Months Ended | 9 Months Ended | |||
Apr. 30, 2021 | Apr. 30, 2020 | Jan. 31, 2022 | Jan. 31, 2021 | Jan. 31, 2022 | Jan. 31, 2021 | |
Product Information [Line Items] | ||||||
Cash balances FDIC | $ 250,000 | $ 250,000 | ||||
Stock based compensation | $ 15,975 | $ 0 | ||||
Sales and advertisting expense | $ 96,000 | $ 39,217 | 807,329 | $ 112,808 | ||
Advertising [Member] | ||||||
Product Information [Line Items] | ||||||
Sales and advertisting expense | $ 807,329 | $ 112,808 |
GOING CONCERN AND LIQUIDITY C_2
GOING CONCERN AND LIQUIDITY CONSIDERATIONS (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Jan. 31, 2022 | Jan. 31, 2021 | Jan. 31, 2022 | Jan. 31, 2021 | Apr. 30, 2021 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||
Net income loss | $ 820,822 | $ 326,841 | $ 4,905,575 | $ 1,078,815 | |
Retained Earnings (Accumulated Deficit) | 14,230,835 | 14,230,835 | $ 9,325,230 | ||
Working capital | $ 1,401,091 | $ 1,401,091 |
PROPERTY AND EQUIPMENT (Details
PROPERTY AND EQUIPMENT (Details) - USD ($) | Jan. 31, 2022 | Apr. 30, 2021 | Jan. 31, 2021 |
Property, Plant and Equipment [Abstract] | |||
Furniture and Fixtures | $ 620,951 | $ 1,060,942 | |
Less: Accumulated Depreciation | (90,120) | 0 | |
Net Property and Equipment | $ 530,831 | $ 1,135,615 | $ 1,060,942 |
PROPERTY AND EQUIPMENT (Detai_2
PROPERTY AND EQUIPMENT (Details Narrative) - USD ($) | 9 Months Ended | |
Jan. 31, 2022 | Jan. 31, 2021 | |
Property, Plant and Equipment [Abstract] | ||
Depreciation expense | $ 45,060 | $ 0 |
INTANGIBLE ASSETS (Details)
INTANGIBLE ASSETS (Details) - USD ($) | Jan. 31, 2022 | Jan. 31, 2021 |
Goodwill and Intangible Assets Disclosure [Abstract] | ||
Intangible Assets | $ 0 | $ 0 |
Less: Accumulated Amortization | 0 | 0 |
Less: Impairment | 0 | 0 |
Net Intangible Assets | $ 0 | $ 0 |
STOCKHOLDERS_ EQUITY_ (DEFICI_2
STOCKHOLDERS’ EQUITY/ (DEFICIT) (Details Narrative) | 9 Months Ended |
Jan. 31, 2022 shares | |
Convertible Series A Preferred Shares [Member] | |
Class of Stock [Line Items] | |
Preferred stock, shares authorized | 1,000,000 |
Conversion of preferred stock, description | Convertible Series A Preferred Shares. Convertible Series A Preferred Shares are convertible into the shares of Common Stock at a ratio of 1,000 shares of Convertible Series A Preferred Shares to 1 share of Common Stock. |
Preferred stock, shares outstanding | 53,000 |
Preferred Stock, Voting Rights | 53 votes. |
Convertible Series B Preferred Shares [Member] | |
Class of Stock [Line Items] | |
Preferred stock, shares authorized | 1,000,000 |
Conversion of preferred stock, description | Convertible Series B Preferred Shares. Convertible Series B Preferred Shares are convertible into the shares of Common Stock at a ratio of 1,000,000 shares of Common Stock for each single Convertible Series B Preferred Share. |
Preferred stock, shares outstanding | 600,000 |
Preferred Stock, Voting Rights | 600,000,000,000 votes. |
Preferred stock, shares issued | 600,000 |
Convertible Series C Preferred Shares [Member] | |
Class of Stock [Line Items] | |
Preferred stock, shares authorized | 10,000,000 |
Conversion of preferred stock, description | Convertible Series C Preferred Shares. Convertible Series C Preferred Shares are convertible into Common Stock at a ratio of 1,000 shares of Convertible Series C Preferred Share for one share of Common Stock. |
Preferred stock, shares outstanding | 760,000 |
Preferred Stock, Voting Rights | 760 votes. |
Preferred stock, shares issued | 760,000 |
INCOME TAXES (Details)
INCOME TAXES (Details) - USD ($) | 9 Months Ended | |
Jan. 31, 2022 | Jan. 31, 2021 | |
Income Tax Disclosure [Abstract] | ||
Loss before income tax benefit | $ 14,210,835 | $ 256,348 |
Expected income tax benefit | (5,684,334) | (94,283) |
Non-deductible expenses | 0 | 0 |
Tax loss benefit not recognized for book purposes, valuation allowance | 5,684,334 | 94,283 |
Total income tax | $ 0 | $ 0 |
INCOME TAXES (Details Narrative
INCOME TAXES (Details Narrative) | Jan. 31, 2021 USD ($) |
Income Tax Disclosure [Abstract] | |
Net operating loss carry forward | $ 14,210,835 |
Operating loss carry forward tax benefit | 11,149,049 |
Tax benefit valuation allowance | $ 1,526,063 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details Narrative) - Chief Executive Officer [Member] - USD ($) | 9 Months Ended | |
Jan. 31, 2022 | Jan. 31, 2021 | |
Related Party Transaction [Line Items] | ||
Proceeds from Related Party Debt | $ 0 | $ 0 |
Due to Related Parties | $ 24,079 | $ 25,930 |
NOTES AND OTHER LOANS PAYABLE_2
NOTES AND OTHER LOANS PAYABLE (Details) - USD ($) | Jan. 31, 2022 | Jan. 31, 2020 |
Debt Instrument [Line Items] | ||
Notes payable | $ 1,081,580 | $ 340,900 |
Ford Motor Credit [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 31,080 | 0 |
Cheryl Hintzen 1 [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 40,000 | 40,000 |
Cheryl Hintzen 2 [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 14,000 | 14,000 |
Sixth Street [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 250,000 | 0 |
Dr Jason Cohen [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 200,000 | 200,000 |
Quick Capital L L C 1 [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 239,600 | 0 |
Quick Capital L L C 2 [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 50,000 | 0 |
G S Capital [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | 210,000 | 0 |
R E G A [Member] | ||
Debt Instrument [Line Items] | ||
Notes payable | $ 0 | $ 46,900 |
NOTES AND OTHER LOANS PAYABLE_3
NOTES AND OTHER LOANS PAYABLE (Details Narrative) - USD ($) | 1 Months Ended | 6 Months Ended | 9 Months Ended | |||
Feb. 21, 2020 | Jun. 30, 2020 | Jan. 31, 2022 | Jan. 31, 2020 | Jan. 08, 2020 | Dec. 11, 2019 | |
Cheryl Hintzen [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Notes Payable, Related Parties, Current | $ 400 | |||||
Debt stated interest rate | 10% | |||||
Accrued interest | $ 559 | |||||
Notes Payable, Current | $ 80 | |||||
Cheryl Hintzen 2 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Debt stated interest rate | 10% | |||||
Debt maturity date | Mar. 08, 2020 | |||||
Debt Instrument, Increase, Accrued Interest | $ 1,321 | |||||
Gpl Ventures [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Debt stated interest rate | 10% | |||||
Debt maturity date | Apr. 30, 2020 | |||||
Cash Collateral for Borrowed Securities | $ 250 |
CONVERTIBLE NOTE PAYABLE (Detai
CONVERTIBLE NOTE PAYABLE (Details Narrative) - USD ($) | 1 Months Ended | 8 Months Ended | 9 Months Ended | |||||||||||
Jan. 11, 2022 | Nov. 08, 2021 | Jul. 08, 2021 | Sep. 13, 2020 | Jan. 19, 2022 | Dec. 21, 2021 | Nov. 29, 2021 | May 27, 2021 | Sep. 13, 2020 | Jan. 31, 2022 | Jan. 27, 2022 | Nov. 17, 2021 | Aug. 26, 2021 | Apr. 14, 2021 | |
Leonite Capital [Member] | ||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||
Convertible notes payable | $ 250,000 | $ 250,000 | ||||||||||||
Debt instrument interest rate stated percentage | 10% | 10% | ||||||||||||
Debt instrument maturity date | Mar. 13, 2021 | |||||||||||||
Debt Instrument, Face Amount | $ 290,000 | $ 290,000 | ||||||||||||
Stock shares issued during period | 1,500,000 | |||||||||||||
Maturity interest rate | 110% | 110% | ||||||||||||
Conversion price | $ 0.015 | $ 0.015 | ||||||||||||
G S Capital [Member] | ||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||
Convertible notes payable | $ 230,000 | |||||||||||||
Debt instrument interest rate stated percentage | 8% | |||||||||||||
Debt instrument maturity date | May 27, 2022 | |||||||||||||
Convertible amount | $ 20,000 | |||||||||||||
Convertible interest amount | $ 1,012 | |||||||||||||
Notes payable | $ 210,000 | |||||||||||||
Quick Capital L L C 1 [Member] | ||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||
Convertible notes payable | $ 325,000 | |||||||||||||
Debt instrument interest rate stated percentage | 10% | |||||||||||||
Conversion price | $ 0.001 | |||||||||||||
Convertible amount | $ 17,400 | $ 18,000 | ||||||||||||
Notes payable | 239,600 | |||||||||||||
Convertible amount repaid | $ 50,000 | |||||||||||||
Quick Capital L L C 2 [Member] | ||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||
Convertible notes payable | $ 50,000 | |||||||||||||
Debt instrument interest rate stated percentage | 10% | |||||||||||||
Maturity interest rate | 110% | |||||||||||||
Notes payable | 50,000 | |||||||||||||
Sixth Street Lending [Member] | ||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||
Convertible notes payable | $ 53,750 | $ 83,750 | $ 53,750 | $ 58,750 | ||||||||||
Debt instrument interest rate stated percentage | 8% | 8% | 8% | |||||||||||
Debt instrument maturity date | Jun. 21, 2022 | May 28, 2022 | ||||||||||||
Conversion price | $ 0.04 | $ 0.04 | $ 0.04 | $ 0.04 | ||||||||||
Notes payable | $ 53,750 | $ 83,750 | ||||||||||||
Variable conversion price | 65% | |||||||||||||
Sixth Street [Member] | ||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||
Debt instrument maturity date | Jul. 11, 2022 | May 08, 2022 |