BIGtoken (BGTK) 10-Q 17 Mar 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Jan. 31, 2017shares
Document and Entity Information:
Entity Registrant Name	Force Protection Video Equipment Corp.
Document Type	10-Q
Document Period End Date	Jan. 31, 2017
Amendment Flag	false
Entity Central Index Key	1,518,720
Current Fiscal Year End Date	--04-30
Entity Common Stock, Shares Outstanding	234,728,770
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	fpvd

Force Protection Video Equipmen

Force Protection Video Equipment Corp.- Balance Sheets - USD ($)		Jan. 31, 2017	Apr. 30, 2016
Current Assets:
Cash and cash equivalents		$ 24,933	$ 227,273
Accounts receivable		23,300	3,157
Inventory		132,138	70,361
Prepaid inventory		42,500	59,509
TOTAL CURRENT ASSETS		222,871	360,300
Property and equipment, net	[1]	20,081	7,112
Deposits		1,945	1,945
TOTAL ASSETS		244,897	369,357
Current Liabilities:
Accounts payable and accrued expenses		62,253	30,059
Convertible promissory notes	[2]	278,721	91,074
Total Current Liabilities		340,974	121,133
Long-term liabilities		678	983
Total liabilities		341,652	122,116
Commitments and contingencies	[3]
Stockholders' Equity
Preferred stock	[4]	100	100
Common stock	[5]	23,472	4,052
Additional paid-in capital		2,481,781	1,718,214
Accumulated Deficit		(2,602,108)	(1,475,125)
Total Stockholders' Equity (deficit)		(96,755)	247,241
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)		$ 244,897	$ 369,357
[1]	Net of accumulated depreciation of $3,987 and $476, respectively.
[2]	net of discount of $37,071 and $204,718, respectively.
[3]	See Note 5
[4]	$0.0001 par value, 5,000,000 shares authorized; issued and outstanding 1,000,000 at January 31, 2017 and April 30, 2016.
[5]	$0.0001 par value; 750,000,000 shares authorized; issued and outstanding 234,728,770 and 40,525,595 at January 31, 2017 and April 30, 2016, respectively.

Force Protection Video Equipme3

Force Protection Video Equipment Corp. - Balance Sheets - Parenthetical - $ / shares	Jan. 31, 2017	Apr. 30, 2016	Jan. 19, 2016
Statement of Financial Position
Preferred Stock, Par Value	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	1,000,000	1,000,000	1,000,000
Preferred Stock, Shares Outstanding	1,000,000	1,000,000
Common Stock, Par Value	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	750,000,000	750,000,000	250,000,000
Common Stock, Shares Issued	234,728,770	40,525,595
Common Stock, Shares Outstanding	234,728,770	40,525,595

Force Protection Video Equipme4

Force Protection Video Equipment Corp. - Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2017	Jan. 31, 2016
Income
Net revenue	$ 44,489	$ 14,044	$ 77,666	$ 49,366
Cost of goods sold	29,805	7,996	53,582	30,031
Gross profit	14,684	6,048	24,084	19,335
OPERATING EXPENSES
General and administrative	122,512	186,128	444,819	334,519
Sales and marketing	28,088	16,376	117,294	37,281
Total operating expenses	150,600	202,504	562,113	371,800
Loss from operations	(135,916)	(196,456)	(538,029)	(352,465)
OTHER INCOME (EXPENSE)
Interest expense	(7,175)	(12,512)	(21,307)	(14,720)
Accretion of debt discount	(144,753)	(201,855)	(567,647)	(246,922)
Total other income (expense)	(151,928)	(214,367)	(588,954)	(261,642)
Loss before taxes	(287,844)	(410,823)	(1,126,983)	(614,107)
Provision for income taxes
Net loss	$ (287,844)	$ (410,823)	$ (1,126,983)	$ (614,107)
Net (Loss) Per Common Share- Basic and Diluted	$ 0	$ (0.02)	$ (0.01)	$ (0.03)
Weighted Average Common Shares Outstanding Basic and Diluted	203,282,781	18,755,095	141,554,717	18,587,267

Force Protection Video Equipme5

Force Protection Video Equipment Corp. - Statements of Cash Flows - USD ($)	9 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Cash flows from operating activities:
Net loss	$ (1,126,983)	$ (614,107)
Adjustments to reconcile net loss to net cash provided (used in) operating activities:
Depreciation and amortization	3,510	165
Accretion of Debt Discount	567,647	246,922
Share based compensation expense		14,500
Changes in assets and liabilities:
(Increase) decrease in accounts receivable	(20,143)	(8,425)
(Increase) decrease in inventory	(61,777)	(62,074)
(Increase) decrease in other assets	17,009	20,165
Increase (decrease) in accounts payable and accrued expenses	47,682	14,698
Increase (decrease) in other liabilities	(305)	982
Net Cash (used) by Operating Activities	(573,360)	(387,174)
Cash flows from investing activities:
Purchase of equipment and vehicles	(16,480)	(6,212)
Net Cash (used) by Investing Activities	(16,480)	(6,212)
Cash flows from financing activities:
Proceeds from sale of common stock		45,000
Proceeds from sale of preferred stock		1,000
Proceeds from convertible promissory notes	387,500	508,004
Net cash provided by Financing Activities	387,500	554,004
INCREASE (DECREASE) IN CASH	(202,340)	160,618
Cash and cash equivalents at beginning of period	227,273	35,226
Cash and cash equivalents at end of period	24,933	195,844
Supplemental disclosures of cash flow information:
Cash paid for interest
Cash paid for income taxes
Non-cash operating activities:
Value of common stock issued in exchange for services		$ 14,500
Common stock issued for conversion of notes payable	$ 467,987

Note 1 - Organization and Going

Note 1 - Organization and Going Concern	9 Months Ended
	Jan. 31, 2017
Notes
Note 1 - Organization and Going Concern	NOTE 1 –ORGANIZATION AND GOING CONCERN Organization Force Protection Video Equipment Corp., (the Company), was incorporated on March 11, 2011, under the laws of the State of Florida as M Street Gallery, Inc. On September 25, 2013, we changed our name to Enhance-Your-Reputation.com, Inc. and changed our business to providing reputation management and enhancement services. On February 2, 2015 the Company changed its name to Force Protection Video Corp. to focus on the sale of mini body video cameras and accessories to consumers and law enforcement. Going Concern The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America and applicable to a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. During the nine months ended January 31, 2017, the Company recognized revenue of $ 77,666 and a net operating loss of $ 538,029 . As of January 31, 2017, the Company had negative working capital of $ 118,103 and an accumulated deficit of $ 2,602,108 . In view of these conditions, the ability of the Company to continue as a going concern is in doubt and dependent upon achieving a profitable level of operations and on the ability of the Company to obtain necessary financing to fund ongoing operations. Historically, the Company has relied upon funds from the sale of shares of stock, issuance of promissory notes and loans from its shareholders and private investors to finance its operations and growth. Management is planning to raise necessary additional funds for working capital through loans and/or additional sales of its common stock. However, there is no assurance that the Company will be successful in raising additional capital or that such additional funds will be available on acceptable terms, if at all. Should the Company be unable to raise this amount of capital its operating plans will be limited to the amount of capital that it can access. These financial statements do not give effect to any adjustments which will be necessary should the Company be unable to continue as a going concern and therefore be required to realize its assets and discharge its liabilities in other than the normal course of business and at amounts different from those reflected in the accompanying financial statements.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	9 Months Ended
	Jan. 31, 2017
Notes
Note 2 - Summary of Significant Accounting Policies	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The unaudited financial statements of Force Protection Video Equipment Corp. (the “Company”) as of January 31, 2017, and for the three and nine months ended January 31, 2017 and 2016, have been prepared in accordance with accounting principles generally accepted in the United States for interim financial reporting. Accordingly, they do not include all of the disclosures required by accounting principles generally accepted in the United States for complete financial statements and should be read in conjunction with the audited financial statements and notes thereto for the year ended April 30, 2016, as filed with the Securities and Exchange Commission as part of the Company’s Form 10-K. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the interim financial information have been included. The Company did not record an income tax provision during the periods presented due to net taxable losses. The results of operations for any interim period are not necessarily indicative of the results of operations for the entire year. Estimates The preparation of the Company’s financial statements requires management to make estimates and use assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. On an on-going basis, the Company evaluates its estimates. Actual results and outcomes may differ materially from these estimates and assumptions. Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. Inventory Our inventory is comprised of finished goods and primarily includes cameras and recording equipment. The Company’s inventory is stated at the lower of cost or market and expensed to cost of goods sold upon sale using the average-cost method. The Company also makes prepayments against the future delivery of inventory classified as prepaid inventory. During the Three and nine months ended January 31, 2017, the Company recognized a $10,000 lower of cost or market value adjustment to the value of inventory which was recorded to the cost of goods sold. Accounts Receivable Accounts receivable are reported at the customers' outstanding balances. The Company does not have a history of significant bad debt and has not recorded any allowance for doubtful accounts. Interest is not accrued on overdue accounts receivable. The Company evaluates receivables on a regular basis for potential reserve. Property and Equipment Fixed assets are carried at cost, less accumulated depreciation and amortization. Major improvements are capitalized, while repair and maintenance are expensed when incurred. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. For federal income tax purposes, depreciation is computed under the modified accelerated cost recovery system. Depreciation for financial statement purposes is computed on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Useful Lives Vehicles 5 years Office Equipment 3 - 5 years Furniture & equipment 5 - 7 years Income Taxes The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credits and loss 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 and carry-forwards 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. A valuation allowance is established when necessary to reduce deferred tax assets to amounts expected to be realized. The Company reports a liability for unrecognized tax benefits resulting from uncertain income tax positions, if any, taken or expected to be taken in an income tax return. Estimated interest and penalties are recorded as a component of interest expense or other expense, respectively. Revenue Recognition The Company recognizes revenue when (a) pervasive evidence of an arrangement exists (b) products are delivered or services have been rendered (c) the sales price is fixed or determinable, and (d) collection is reasonably assured. Marketing and Advertising Costs Marketing and advertising costs are anticipated to be expensed as incurred. The Company recognized $16,979 and $85,854 in marketing and advertising costs during the three and nine months ended January 31, 2017 , respectively. The Company recognized $9,927 and $57,701 in marketing and advertising costs during the three and nine months ended January 31, 2016 , respectively. Stock Based Compensation The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company utilizes a three-tier fair value hierarchy which prioritizes the inputs used in measuring 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 measurements). These tiers include: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. As of January 31, 2017 and April 30, 2016, the Company did not have any assets or liabilities that were required to be measured at fair value on a recurring basis or on a non-recurring basis. Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents and accounts payable and accrued expenses. The carrying amounts of the Company’s financial instruments approximate fair value because of the short term maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect those estimates. We do not hold or issue financial instruments for trading purposes, nor do we utilize derivative instruments. Net Income (Loss) Per Share The computation of basic earnings per share (“EPS”) is based on the weighted average number of shares that were outstanding during the period, including shares of common stock that are issuable at the end of the reporting period. The computation of diluted EPS is based on the number of basic weighted-average shares outstanding plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. The computation of diluted net income per share does not assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on earnings per share. Therefore, when calculating EPS, if the Company experienced a loss, there is no inclusion of dilutive securities as their inclusion in the EPS calculation is antidilutive. Furthermore, options and warrants will have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options or warrants (they are in the money). Following is the computation of basic and diluted net loss per share for the three and nine months ended January 31, 2017 and 2016: Three Months Ended Nine Months Ended January 31, January 31, 2017 2016 2017 2016 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (287,844) $ (410,823) $ (1,126,983) $ (614,107) Denominator: Weighted average number of common shares outstanding 203,282,781 18,755,095 141,554,717 18,587,267 Basic and diluted EPS $ (0.00) $ (0.02) $ (0.01) $ (0.03) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Convertible promissory notes 101,289,982 1,290,036 101,289,982 1,290,036 Concentrations of risk During the ended , 201 , customer accounted for of sales. During the ended , 201 , customer accounted for of sales. During the ended , 201 , customer accounted for of sales. During the ended , 201 , customer accounted for of sales. The Company relies on third parties for the supply and manufacture of its capture devices, some of which are sole-source suppliers. The Company believes that outsourcing manufacturing enables greater scale and flexibility. As demand and product lines change, the Company periodically evaluates the need and advisability of adding manufacturers to support its operations. In instances where a supply and manufacture agreement does not exist or suppliers fail to perform their obligations, the Company may be unable to find alternative suppliers or satisfactorily deliver its products to its customers on time, if at all. During the three months ended January 31, 2017, three suppliers accounted for 86.3% (60.8%, 15.0% and 10.5%) of our inventory purchases. During the nine months ended January 31, 2017, two suppliers accounted for 82.9% (71.8% and 11.1%) of our inventory purchases. During the three months ended January 31, 2016, one supplier accounted for 98.5% of our inventory purchases. During the nine months ended January 31, 2016, one supplier accounted for 96.7% of our inventory purchases. Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016- 9, Stock Compensation , which is intended to simplify several aspects of the accounting for share-based payment award transactions. The guidance will be effective for the fiscal year beginning after December 15, 2016, including interim periods within that year. The Company In February 2016, the FASB issued ASU No. 2016-02, Leases , which supersedes ASC Topic 840, Leases, and creates a new topic, ASC Topic 842, Leases. ASU 2016-02 requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. ASU 2016-02 also expands the required quantitative and qualitative disclosures surrounding leases. ASU 2016-02 is effective for the Company beginning January 1, 2019. Early adoption is permitted. The Company has determined that the adoption of ASU 2016-02 will currently have no impact on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). The standard requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet rather than being separated into current and noncurrent. ASU 2015-17 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted and the standard may be applied either retrospectively or on a prospective basis to all deferred tax assets and liabilities. The Company has determined that the adoption of ASU 201 - will currently have no impact on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory". The amendments in this update require an entity to measure inventory within the scope of ASU 2015-11 (the amendments in ASU 2015-11 do not apply to inventory that is measured using last-in, first-out or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out or average cost) at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is uncharged for inventory measured using last-in, first-out or the retail inventory method. The amendments in ASU 2015-11 more closely align the measurement of inventory in U.S. GAAP with the measurement of inventory in International Financial Reporting Standards ("IFRS"). ASU 2015-11 is effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The amendments in ASU 2015-11 should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. We do not expect the adoption of ASU No. 2015-11 to have a material impact on our consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs”, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU requires retrospective adoption and will be effective for fiscal years beginning after December 15, 2015 and for interim periods within those fiscal years. We expect the adoption of this guidance will not have a material impact on our financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)”, to clarify the principles used to recognize revenue for all entities. In March 2016, the FASB issued ASU 2016-08 to further clarify the implementation guidance on principal versus agent considerations. The guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is permitted. The Company does not expect this accounting update to have a material effect on its financial statements. We review new accounting standards as issued. Although some of these accounting standards issued or effective after the end of our previous fiscal year may be applicable to us, we have not identified any standards that we believe merit further discussion. We believe that none of the new standards will have a significant impact on our financial statements.

Note 3 - Fixed Assets

Note 3 - Fixed Assets	9 Months Ended
	Jan. 31, 2017
Notes
Note 3 - Fixed Assets	NOTE 3 - Fixed Assets Fixed assets consisted of the following: January 31, 2017 April 30, 2016 Vehicles $ 15,376 $ - Furniture and fixtures 6,212 6,212 Computers and office equipment 2,480 1,376 Total fixed assets 24,068 7,588 Accumulated depreciation (3,987) (476) Total fixed assets $ 20,081 $ 7,112 During the three months ended January 31, 2017 and 2016, the Company recognized $1,286 and $165, respectively, in depreciation expense. During the nine months ended January 31, 2017 and 2016, the Company recognized $3,510 and $165, respectively, in depreciation expense.

Note 4 - Convertible Promissory

Note 4 - Convertible Promissory Notes	9 Months Ended
	Jan. 31, 2017
Notes
Note 4 - Convertible Promissory Notes	NOTE 4 – CONVERTIBLE PROMISSORY NOTES Following is a summary of our outstanding convertible promissory notes as of January 31, 2017: [ [ Current Balances Lender Issue Date Maturity Principle Interest Total RDW Capital, LLC Note 3 3/10/2016 9/10/16 792 - 792 RDW Capital, LLC Note 4 5/13/2016 11/13/16 - 4,540 4,540 RDW Capital, LLC Note 5 5/20/2016 11/20/16 - 2,742 2,742 RDW Capital, LLC Note 6 8/22/2016 2/22/17 157,500 5,773 163,273 RDW Capital, LLC Note 7 9/1/2016 3/1/17 157,500 5,410 162,910 Totals $ 315,792 $ 18,465 $ 334,257 Debt discount balance (37,071) Balance sheet balances $ 278,721 Following is a summary of our outstanding convertible promissory notes as of April 30, 2016: [ Current Balances Lender Issue Date Maturity Principle Interest Total LG Capital Funding, LLC 4/20/2016 9/11/2016 $ 13,000 $ 34 $ 13,034 Black Forest Capital, LLC 10/8/2015 10/8/2016 19,500 3,001 22,501 RDW Capital, LLC Note 1 11/10/2015 5/10/16 157,500 6,136 163,636 RDW Capital, LLC Note 2 12/31/2015 6/30/16 105,000 2,861 107,861 RDW Capital, LLC Note 3 3/10/2016 9/10/16 792 614 1,406 Totals $ 295,792 $ 12,646 $ 308,438 Debt discount balance (204,718) Balance sheet balances $ 91,074 The company determined that each convertible promissory notes conversion feature is indexed to the Company’s stock, which is an input to a fair value measurement of a fixed-for-fixed option on equity shares. Thus, the conversion feature of the notes meets the scope exception under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification ("ASC") 815-40-15-7 and treatment under ASC 470-20 – Debt with Conversion and Other Options LG Capital Funding, LLC On September 11, 2015 the Company entered into a Securities Purchase Agreement with LG Capital Funding, LLC ("LG") for the sale of an 8 % convertible note in the principal amount of $ 81,000 and proceeds of $ 75,000 net of legal expenses (the “LG Note”). The LG Note was convertible into common stock at a price equal to 60% of the lowest trading price during the 20 trading days immediately preceding the applicable conversion. The LG Note principle was discounted for the value of the legal fees of $6,000 and the intrinsic value of the beneficial conversion feature of $68,000. The resulting $74,000 discount was fully accreted through July 31, 2016 due to full repayment of the LG Note on May 2, 2016. During the nine months ended January 31, 2017 , the Company recognized no interest expense and debt discount accretion of $ 7,741 . On May 2, 2016, LG converted the remaining $ 13,034 of principal and interest into 775,844 shares of common stock. Black Forest Capital, LLC On October 8, 2015 the Company sold and Black Forest Capital, LLC (“Black Forest”) purchased a 10 % convertible note in the principal amount of $ 53,000 (the “Black Forest Note”) of which the Company received $ 50,000 after payment of legal fees. The Black Forest Note matured in 12 months on October 8, 2016. The Black Forest Note was convertible into common stock, at Black Forest’s option anytime following the issuance date, at a price for each share of common stock equal to 40% of the lowest trading price during the 20 trading days immediately preceding the applicable conversion. The Black Forrest Note principle was discounted for the value of legal fees of $3,000 and the intrinsic value of the beneficial conversion feature of $50,000. The calculated intrinsic value was $ 127,199 . As this amount resulted in a total debt discount that exceeded the Black Forest Note principal, the discount recorded for the beneficial conversion feature was limited to the principal amount of the Black Forest Note. The resulting $53,000 discount was accreted through July 31, 2016 due to repayment of the Black Forest Note. During the nine months ended January 31, 2017 , the Company recognized no interest expense and debt discount accretion of $ 9,992 . During the nine months ended January 31, 2017 , Black Forrest converted the remaining $ 22,499 of principal and interest, as of April 30, 2016, into 11,076,775 shares of common stock. RDW Capital, LLC On November 12, 2015, the Company entered into a Securities Purchase Agreement (“RDW SPA 1”) with RDW Capital, LLC (“RDW”), a Florida limited liability company. On November 12, 2015, the Company and RDW entered into the First Amended Securities Purchase Agreement. On November 12, 2015, the Company and RDW entered into the Second Amended Securities Purchase Agreement. On February 17, 2016, the Company and RDW entered into the Third Amended Securities Purchase Agreement. On February 17, 2016, the Company and RDW entered into the Fourth Amended Securities Purchase Agreement. On May 9, 2016, the Company and RDW entered into a Securities Purchase Agreement (“RDW SPA 2”). On August 22, 2016, the Company and RDW entered into a Securities Purchase Agreement (“RDW SPA 3”). On September 1, 2016, the Company and RDW entered into a Securities Purchase Agreement (“RDW SPA 4”). RDW SPA 1, amendments thereto, RDW SPA 2, RDW SPA 3 and RDW SPA 4 may hereinafter be referred to collectively as, the “ RDW SPAs . RDW Note 1 - In connection with RDW SPA 1 and amendments thereto, on November 12, 2016, the Company issued to RDW a convertible note (“RWD Note 1”) due on April 10, 2016 in the principal amount of $ 157,500 of which the Company received proceeds of $130,000 after payment of a $7,500 original issue discount (“ OID . RDW Note 1 principle was discounted for the value of the OID, due diligence fees and the intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $121,406. As this amount resulted in a total debt discount that was less than RDW Note 1 principal, the full $121,406 discount was recognized. The resulting $148,906 discount was accreted over the 5 month term of RDW Note 1 through April 10, 2016. RDW Note 2 - In connection with RDW SPA 1 and amendments thereto, on December 31, 2015, the Company issued to RDW a convertible note (“RDW Note 2”) due on June 30, 2016 in the principal amount of $ 105,000 of which the Company received proceeds of $90,000 after payment of a $5,000 OID and due diligence fees totaling $10,000 . RDW Note 2 principle was discounted for the value of the OID, due diligence fees and the intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $98,086. As this amount resulted in a total debt discount that exceeds RDW Note 2 principal, the discount recorded for the beneficial conversion feature was limited to the principal amount of RDW Note 2. The resulting $105,000 discount was accreted over the 5 month term of RDW Note 2 through June 30, 2016. RDW Note1 and RDW Note 2 - During the three and nine months ended January 31, 2017 , the Company recognized the following transactions related to RDW Note 1 and RDW Note 2: Recorded ($950) and $3,458 of interest expense, respectively, Recorded $0 and $35,192 of debt discount accretion, respectively, and Issued 3,774,139 shares of common stock upon the conversion of $12,455 of note interest payable during the three months ended January 31, 2017 and issued 119,713,246 shares of common stock upon the conversion of $274,954 of note principle and interest during the nine months ended January 31, 2017. RDW Note 3 - In connection with RDW SPA 1 and amendments thereto, on March 10, 2016, the Company issued to RDW a convertible note (“RDW Note 3”) due on September 10, 2016 in the principal amount of $ 210,000 of which the Company received proceeds of $180,000 after payment of a $10,000 OID and due diligence fees totaling $20,000. RDW Note 3 principal was discounted for the OID, due diligence fees, stock issued to an advisor in connection with RDW Note 3 totaling $18,000, and the intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $227,391. As this amount resulted in a total debt discount that exceeded RDW Note 3 principal, the discount recorded for the beneficial conversion feature was limited to the principal amount of RDW Note 3. The resulting $210,000 discount was accreted through April 30, 2016, the date RDW Note 3 was paid down to a principal and interest balance of $1,405. During the three and nine months ended January 31, 2017, the Company recognized ($613) of interest expense and $151,793 of debt discount accretion related to RDW Note 3. RDW Note 4 RDW Note 4 principle was discounted for the value of the OID, legal fees due diligence fees and intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $70,000. As this amount resulted in a total debt discount that was less than RDW Note 4 principal, the full $70,000 discount was recognized. The resulting $92,500 discount was accreted over the 6 month term of RDW Note 4 through November 13, 2016. During the three and nine months ended January 31, 2017 , the Company recognized the following transactions related to RDW Note 4: · Recorded $750 and $4,540 of interest expense, respectively, Recorded $6,535 and $92,500 of debt discount accretion, respectively, and Issued 32,872,308 shares of common stock upon the conversion of $92,680 of note principle during the three months ended January 31, 2017 and issued 41,672,308 shares of common stock upon the conversion of $105,000 of note principle during the nine months ended January 31, 2017 leaving a remaining balance of $4,540 of interest payable as of January 31, 2017. RDW Note 5 RDW Note 5 principle was discounted for the value of the OID, due diligence fees and intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $35,000. As this amount resulted in a total debt discount that was less than RDW Note 5 principal, the full $35,000 discount was recognized. The resulting $42,500 discount was accreted over the 6 month term of RDW Note 5 through November 20, 2016. During the three and nine months ended January 31, 2017, the Company recognized the following transactions related to RDW Note 5: · Recorded $775 and $2,743 of interest expense, respectively, Recorded $4,620 and $52,500 of debt discount accretion, respectively, and Issued 20,192,308 shares of common stock upon the conversion of $52,500 of note principle during the three months ended January 31, 2017 leaving a remaining balance of $2,742 of interest payable as of January 31, 2017. RDW Note 6 RDW Note 6 principle was discounted for the value of the OID, legal and due diligence fees and intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $105,000. As this amount resulted in a total debt discount that was less than RDW Note 6 principal, the full $105,000 discount was recognized. The resulting $132,500 discount is being accreted over the 6 month term of RDW Note 6 through February 22, 2017. During the three and nine months ended January 31, 2017, the Company recognized $3,304 and $5,773, respectively, of interest expense and $66,250 and $116,658, respectively, of debt discount accretion related to RDW Note 6. RDW Note 7 RDW Note 7 principle was discounted for the value of the OID, legal and due diligence fees and intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $105,000. As this amount resulted in a total debt discount that was less than RDW Note 7 principal, the full $105,000 discount was recognized. The resulting $132,500 discount is being accreted over the 6 month term of RDW Note 7 through March 1, 2017. During the three and nine months ended January 31, 2017, the Company recognized $3,296 and $5,410, respectively, of interest expense and $67,348 and $111,271, respectively, of debt discount accretion related to RDW Note 7. RDW Note 1, RDW Note 2, RDW Note 3, RDW Note 4, RDW Note 5, RDW Note 6 and RDW Note 7 may hereinafter be referred to collectively as, the “ RDW Notes The RDW Notes have the following terms and conditions: · The principal amount outstanding accrues interest at a rate of eight percent (8%) per annum. · Interest is due and payable on each conversion date and on the Maturity Date. · At any time, at the option of the holder, the RDW notes are convertible, into shares of our common stock at a conversion price equal to sixty percent (60%) of the lowest traded price of our common stock in the twenty (20) days prior to the conversion date, at any time, at the option of the holder (the “Conversion Price”). · T he RDW Notes are unsecured obligations. · We may prepay the RDW Notes in whole or in part at any time with ten (10) days written notice to the holder for the sum of the outstanding principal and interest multiplied by one hundred and thirty percent (130%). RDW may continue to convert the notes from the date of the notice of prepayment until the date of prepayment. · Default interest of twenty-four percent (24%) per annum. · Interest on overdue accrued and unpaid interest will incur a late fee of the lower of eighteen percent (18%) per annum or the maximum rate permitted by law. · Upon an event of default, RDW may accelerate the outstanding principal, plus accrued and unpaid interest, and other amounts owing through the date of acceleration (“Acceleration”). · Upon Acceleration, the amount due will be one hundred thirty percent (130%) of the outstanding principal amount of the Note and accrued and unpaid interest, together with payment of all other amounts, costs, expenses and liquidated damages. · In the event of our default, at the request of the holder, we must pay one hundred fifty percent (150%) of the outstanding balance plus accrued interest and default interest. · We must reserve three (3) times the amount of shares necessary for the issuance of common stock upon conversion. · Conversions of the RDW Notes shall not be permitted if such conversion will result in the holder owning more than four point ninety-nine percent (4.99%) of our common shares outstanding after giving effect to such conversion. In total, during the three and nine months ended January 31, 2017, the Company recognized $7,175 and $17,553, respectively, of interest expense and $ and $144,753 and $514,722, respectively, of debt discount accretion related to the RDW Notes. In total, during the three months ended January 31, 2017, RDW converted $157,635 of RDW Note principal and interest payable into 56,838,755 shares of common stock. In total, during the nine months ended January 31, 2017, RDW converted $432,454 of RDW Note principal and interest payable into 181,577,862 shares of common stock.

Note 5 - Commitments and Contin

Note 5 - Commitments and Contingencies	9 Months Ended
	Jan. 31, 2017
Notes
Note 5 - Commitments and Contingencies	NOTE 5 – COMMITMENTS AND CONTINGENCIES Product Warranties Our products are sold with a one (1) year manufacturer’s warranty. The Company has no obligation to provide warranty service or replacement. The Company does offer an extended warranty for a fee. The extended warranty expires one year from the day the manufacturer warranty expires. Warranty costs during the second year of an extended warranty are born by the manufacturer. As a result, the Company has no, or limited warranty liability exposure. Operating Lease On March 21, 2015, the Company entered into a lease of office space at 130 Iowa Lane, Suite 102, Carry, North Carolina 27511. The lease expires on March 31, 2018. The Company has no other noncancelable operating leases. Future minimum lease payments under this operating lease with an initial term in excess of one year as of January 31, 2017 are as follows: Fiscal Year 2017 $3,693 2018 $14,920 2019 $10,144 Thereafter $0 During the three months ended January 31, 2017 and 2016, rent expense for office space totaled $ 3,882 and $ 1,981 , respectively. During the nine months ended January 31, 2017 and 2016, rent expense for office space totaled $ 11,234 and $ 7,231 , respectively. Supplier Purchase Commitments The Company periodically makes contractual, advance inventory purchases in the ordinary course of business. As of January 31, 2017 , the Company was obligated to purchase $ 11,000 of inventory under a non-exclusive distribution agreement.

Note 6 - Stockholder's Equity

Note 6 - Stockholder's Equity	9 Months Ended
	Jan. 31, 2017
Notes
Note 6 - Stockholder's Equity	NOTE 6 – Stockholder's Equity As of January 31, 2017 and April 30, 2016, there were 234,728,770 and 40,525,595 shares of common stock outstanding, respectively and there were 1,000,000 and 1,000,000 shares of Series A Preferred Stock outstanding, respectively. On January 19, 2016, we amended our Articles of Incorporation to increase our authorized common stock from 50,000,000 shares to 250,000,000 shares and authorized the creation of 1,000,000 shares of Series A preferred stock with each share being entitled to 200,000 (i.e., 200:1) votes per share and with no right of conversion into shares of common stock. On August 4, 2016, we approved an amendment to our Articles of Incorporation to increase our authorized common stock from 250,000,000 shares to 750,000,000 shares and authorized Series A preferred stock from 1,000,000 shares to 5,000,000 shares. The amendment became effective September 8, 2016. During the nine months ended January 31, 2017, the company issued 193,430,481 shares of common stock upon the conversion of convertible promissory note principal and interest totaling $467,987; and issued 772,694 shares of common stock valued at $12,000 for services rendered in connection with securing convertible debt. During the year ended April 30, 2016 · · · · ·

Note 7 - Subsequent Events

Note 7 - Subsequent Events	9 Months Ended
	Jan. 31, 2017
Notes
Note 7 - Subsequent Events	NOTE 7 – SUBSEQUENT EVENTS Management has reviewed material events subsequent of the quarterly period ended October 31, 2016 and prior to the filing of financial statements in accordance with FASB ASC 855 “Subsequent Events”. RDW converted $145,000 of convertible note principal into 60,784,433 shares of common stock. In connection with RDW SPA 4, on February 6, 2017, the Company issued to RDW a convertible note (“RDW Note 8”) due on August 5, 2017 in the principal amount of $210,000 of which the Company received proceeds of $180,000 after recognizing a $10,000 OID and legal and due diligence fees totaling $20,000. RDW Note 8 principle was discounted for the value of the OID, legal and due diligence fees and intrinsic value of the beneficial conversion feature. The calculated intrinsic value was $217,000. As this amount resulted in a total debt discount that exceeded RDW Note 8 principal, the discount recorded for the beneficial conversion feature was limited to the principal amount of RDW Note 8. The resulting $210,000 discount is being accreted over the 6 month term of RDW Note 8 through August 5, 2017.

Note 2 - Summary of Significa13

Note 2 - Summary of Significant Accounting Policies: Basis of Presentation (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Basis of Presentation	Basis of Presentation The unaudited financial statements of Force Protection Video Equipment Corp. (the “Company”) as of January 31, 2017, and for the three and nine months ended January 31, 2017 and 2016, have been prepared in accordance with accounting principles generally accepted in the United States for interim financial reporting. Accordingly, they do not include all of the disclosures required by accounting principles generally accepted in the United States for complete financial statements and should be read in conjunction with the audited financial statements and notes thereto for the year ended April 30, 2016, as filed with the Securities and Exchange Commission as part of the Company’s Form 10-K. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the interim financial information have been included. The Company did not record an income tax provision during the periods presented due to net taxable losses. The results of operations for any interim period are not necessarily indicative of the results of operations for the entire year.

Note 2 - Summary of Significa14

Note 2 - Summary of Significant Accounting Policies: Estimates (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Estimates	Estimates The preparation of the Company’s financial statements requires management to make estimates and use assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. On an on-going basis, the Company evaluates its estimates. Actual results and outcomes may differ materially from these estimates and assumptions.

Note 2 - Summary of Significa15

Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.

Note 2 - Summary of Significa16

Note 2 - Summary of Significant Accounting Policies: Inventory (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Inventory	Inventory Our inventory is comprised of finished goods and primarily includes cameras and recording equipment. The Company’s inventory is stated at the lower of cost or market and expensed to cost of goods sold upon sale using the average-cost method. The Company also makes prepayments against the future delivery of inventory classified as prepaid inventory. During the Three and nine months ended January 31, 2017, the Company recognized a $10,000 lower of cost or market value adjustment to the value of inventory which was recorded to the cost of goods sold.

Note 2 - Summary of Significa17

Note 2 - Summary of Significant Accounting Policies: Accounts Receivable (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Accounts Receivable	Accounts Receivable Accounts receivable are reported at the customers' outstanding balances. The Company does not have a history of significant bad debt and has not recorded any allowance for doubtful accounts. Interest is not accrued on overdue accounts receivable. The Company evaluates receivables on a regular basis for potential reserve.

Note 2 - Summary of Significa18

Note 2 - Summary of Significant Accounting Policies: Property and Equipment (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Property and Equipment	Property and Equipment Fixed assets are carried at cost, less accumulated depreciation and amortization. Major improvements are capitalized, while repair and maintenance are expensed when incurred. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. For federal income tax purposes, depreciation is computed under the modified accelerated cost recovery system. Depreciation for financial statement purposes is computed on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are: Estimated Useful Lives Vehicles 5 years Office Equipment 3 - 5 years Furniture & equipment 5 - 7 years

Note 2 - Summary of Significa19

Note 2 - Summary of Significant Accounting Policies: Income Taxes (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credits and loss 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 and carry-forwards 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. A valuation allowance is established when necessary to reduce deferred tax assets to amounts expected to be realized. The Company reports a liability for unrecognized tax benefits resulting from uncertain income tax positions, if any, taken or expected to be taken in an income tax return. Estimated interest and penalties are recorded as a component of interest expense or other expense, respectively.

Note 2 - Summary of Significa20

Note 2 - Summary of Significant Accounting Policies: Revenue Recognition (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Revenue Recognition	Revenue Recognition The Company recognizes revenue when (a) pervasive evidence of an arrangement exists (b) products are delivered or services have been rendered (c) the sales price is fixed or determinable, and (d) collection is reasonably assured.

Note 2 - Summary of Significa21

Note 2 - Summary of Significant Accounting Policies: Marketing and Advertising Costs (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Marketing and Advertising Costs	Marketing and Advertising Costs Marketing and advertising costs are anticipated to be expensed as incurred. The Company recognized $16,979 and $85,854 in marketing and advertising costs during the three and nine months ended January 31, 2017 , respectively. The Company recognized $9,927 and $57,701 in marketing and advertising costs during the three and nine months ended January 31, 2016 , respectively.

Note 2 - Summary of Significa22

Note 2 - Summary of Significant Accounting Policies: Stock Based Compensation (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Stock Based Compensation	Stock Based Compensation The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50.

Note 2 - Summary of Significa23

Note 2 - Summary of Significant Accounting Policies: Fair Value Measurements (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company utilizes a three-tier fair value hierarchy which prioritizes the inputs used in measuring 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 measurements). These tiers include: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. As of January 31, 2017 and April 30, 2016, the Company did not have any assets or liabilities that were required to be measured at fair value on a recurring basis or on a non-recurring basis.

Note 2 - Summary of Significa24

Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents and accounts payable and accrued expenses. The carrying amounts of the Company’s financial instruments approximate fair value because of the short term maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect those estimates. We do not hold or issue financial instruments for trading purposes, nor do we utilize derivative instruments.

Note 2 - Summary of Significa25

Note 2 - Summary of Significant Accounting Policies: Net Income (loss) Per Share (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Net Income (loss) Per Share	Net Income (Loss) Per Share The computation of basic earnings per share (“EPS”) is based on the weighted average number of shares that were outstanding during the period, including shares of common stock that are issuable at the end of the reporting period. The computation of diluted EPS is based on the number of basic weighted-average shares outstanding plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. The computation of diluted net income per share does not assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on earnings per share. Therefore, when calculating EPS, if the Company experienced a loss, there is no inclusion of dilutive securities as their inclusion in the EPS calculation is antidilutive. Furthermore, options and warrants will have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options or warrants (they are in the money). Following is the computation of basic and diluted net loss per share for the three and nine months ended January 31, 2017 and 2016: Three Months Ended Nine Months Ended January 31, January 31, 2017 2016 2017 2016 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (287,844) $ (410,823) $ (1,126,983) $ (614,107) Denominator: Weighted average number of common shares outstanding 203,282,781 18,755,095 141,554,717 18,587,267 Basic and diluted EPS $ (0.00) $ (0.02) $ (0.01) $ (0.03) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Convertible promissory notes 101,289,982 1,290,036 101,289,982 1,290,036

Note 2 - Summary of Significa26

Note 2 - Summary of Significant Accounting Policies: Concentrations of Risk (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Concentrations of Risk	Concentrations of risk During the ended , 201 , customer accounted for of sales. During the ended , 201 , customer accounted for of sales. During the ended , 201 , customer accounted for of sales. During the ended , 201 , customer accounted for of sales. The Company relies on third parties for the supply and manufacture of its capture devices, some of which are sole-source suppliers. The Company believes that outsourcing manufacturing enables greater scale and flexibility. As demand and product lines change, the Company periodically evaluates the need and advisability of adding manufacturers to support its operations. In instances where a supply and manufacture agreement does not exist or suppliers fail to perform their obligations, the Company may be unable to find alternative suppliers or satisfactorily deliver its products to its customers on time, if at all. During the three months ended January 31, 2017, three suppliers accounted for 86.3% (60.8%, 15.0% and 10.5%) of our inventory purchases. During the nine months ended January 31, 2017, two suppliers accounted for 82.9% (71.8% and 11.1%) of our inventory purchases. During the three months ended January 31, 2016, one supplier accounted for 98.5% of our inventory purchases. During the nine months ended January 31, 2016, one supplier accounted for 96.7% of our inventory purchases.

Note 2 - Summary of Significa27

Note 2 - Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	9 Months Ended
	Jan. 31, 2017
Policies
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016- 9, Stock Compensation , which is intended to simplify several aspects of the accounting for share-based payment award transactions. The guidance will be effective for the fiscal year beginning after December 15, 2016, including interim periods within that year. The Company In February 2016, the FASB issued ASU No. 2016-02, Leases , which supersedes ASC Topic 840, Leases, and creates a new topic, ASC Topic 842, Leases. ASU 2016-02 requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. ASU 2016-02 also expands the required quantitative and qualitative disclosures surrounding leases. ASU 2016-02 is effective for the Company beginning January 1, 2019. Early adoption is permitted. The Company has determined that the adoption of ASU 2016-02 will currently have no impact on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). The standard requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet rather than being separated into current and noncurrent. ASU 2015-17 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted and the standard may be applied either retrospectively or on a prospective basis to all deferred tax assets and liabilities. The Company has determined that the adoption of ASU 201 - will currently have no impact on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory". The amendments in this update require an entity to measure inventory within the scope of ASU 2015-11 (the amendments in ASU 2015-11 do not apply to inventory that is measured using last-in, first-out or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out or average cost) at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is uncharged for inventory measured using last-in, first-out or the retail inventory method. The amendments in ASU 2015-11 more closely align the measurement of inventory in U.S. GAAP with the measurement of inventory in International Financial Reporting Standards ("IFRS"). ASU 2015-11 is effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The amendments in ASU 2015-11 should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. We do not expect the adoption of ASU No. 2015-11 to have a material impact on our consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs”, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU requires retrospective adoption and will be effective for fiscal years beginning after December 15, 2015 and for interim periods within those fiscal years. We expect the adoption of this guidance will not have a material impact on our financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)”, to clarify the principles used to recognize revenue for all entities. In March 2016, the FASB issued ASU 2016-08 to further clarify the implementation guidance on principal versus agent considerations. The guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is permitted. The Company does not expect this accounting update to have a material effect on its financial statements. We review new accounting standards as issued. Although some of these accounting standards issued or effective after the end of our previous fiscal year may be applicable to us, we have not identified any standards that we believe merit further discussion. We believe that none of the new standards will have a significant impact on our financial statements.

Note 2 - Summary of Significa28

Note 2 - Summary of Significant Accounting Policies: Net Income (loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)	9 Months Ended
	Jan. 31, 2017
Tables/Schedules
Schedule of Earnings Per Share, Basic and Diluted	Three Months Ended Nine Months Ended January 31, January 31, 2017 2016 2017 2016 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (287,844) $ (410,823) $ (1,126,983) $ (614,107) Denominator: Weighted average number of common shares outstanding 203,282,781 18,755,095 141,554,717 18,587,267 Basic and diluted EPS $ (0.00) $ (0.02) $ (0.01) $ (0.03) Potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders because to do so would be anti-dilutive are as follows (in common stock equivalent shares): Convertible promissory notes 101,289,982 1,290,036 101,289,982 1,290,036

Note 3 - Fixed Assets_ Schedule

Note 3 - Fixed Assets: Schedule of Other Assets (Tables)	9 Months Ended
	Jan. 31, 2017
Tables/Schedules
Schedule of Other Assets	January 31, 2017 April 30, 2016 Vehicles $ 15,376 $ - Furniture and fixtures 6,212 6,212 Computers and office equipment 2,480 1,376 Total fixed assets 24,068 7,588 Accumulated depreciation (3,987) (476) Total fixed assets $ 20,081 $ 7,112

Note 1 - Organization and Goi30

Note 1 - Organization and Going Concern (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2017	Jan. 31, 2016	Apr. 30, 2016
Details
Net revenue	$ 44,489	$ 14,044	$ 77,666	$ 49,366
Operating Income (Loss)			538,029
Working Capital Deficit	118,103		118,103
Accumulated Deficit	$ 2,602,108	$ 827,231	$ 2,602,108	$ 827,231	$ 1,475,125

Note 2 - Summary of Significa31

Note 2 - Summary of Significant Accounting Policies: Net Income (loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2017	Jan. 31, 2016
Net loss	$ (287,844)	$ (410,823)	$ (1,126,983)	$ (614,107)
Weighted Average Common Shares Outstanding Basic and Diluted	203,282,781	18,755,095	141,554,717	18,587,267
Net (Loss) Per Common Share- Basic and Diluted	$ 0	$ (0.02)	$ (0.01)	$ (0.03)
Basic and Diluted EPS Computation
Net loss	$ (287,844)	$ (410,823)	$ (1,126,983)	$ (614,107)
Weighted Average Common Shares Outstanding Basic and Diluted	203,282,781	18,755,095	141,554,717	18,587,267
Net (Loss) Per Common Share- Basic and Diluted	$ 0	$ (0.02)	$ (0.01)	$ (0.03)

Note 3 - Fixed Assets_ Schedu32

Note 3 - Fixed Assets: Schedule of Other Assets (Details) - USD ($)	Jan. 31, 2017	Apr. 30, 2016
Details
Public Utilities, Property, Plant and Equipment, Vehicles	$ 15,376
Furniture and Fixtures, Gross	6,212	$ 6,212
Property, Plant and Equipment, Other, Gross	2,480	1,376
Other Assets, Noncurrent	24,068	7,588
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(3,987)	(476)
Other Assets, Miscellaneous	$ 20,081	$ 7,112

Note 4 - Convertible Promisso33

Note 4 - Convertible Promissory Notes (Details) - USD ($)	6 Months Ended	9 Months Ended
	Oct. 31, 2016	Jan. 31, 2017	Nov. 20, 2016	Nov. 13, 2016	Nov. 12, 2016	Sep. 10, 2016	Sep. 01, 2016	Aug. 22, 2016	Jun. 30, 2016	Oct. 08, 2015	Sep. 11, 2015
LG Capital Funding, LLC
Convertible Note											8.00%
Convertible Note- Principal Amount											$ 81,000
Due to Affiliate, Current											$ 75,000
Accretion Expense		$ 7,741
Debt Conversion, Original Debt, Amount		13,034
Black Forest Capital, LLC
Convertible Note										10.00%
Convertible Note- Principal Amount										$ 53,000
Due to Affiliate, Current										50,000
Accretion Expense		$ 9,992
Debt Conversion, Original Debt, Amount	$ 22,499
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value										$ 127,199
Debt Conversion, Converted Instrument, Shares Issued	11,076,775
RDW Capital, LLC
Convertible Note- Principal Amount			$ 52,500	$ 105,000	$ 157,500	$ 210,000	$ 157,500	$ 157,500	$ 105,000

Note 5 - Commitments and Cont34

Note 5 - Commitments and Contingencies (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2017	Jan. 31, 2016
Details
Operating Leases, Rent Expense	$ 3,882	$ 1,981	$ 11,234	$ 7,231
Advances on Inventory Purchases	$ 11,000		$ 11,000

Note 6 - Stockholder's Equity (

Note 6 - Stockholder's Equity (Details) - USD ($)		12 Months Ended
		Apr. 30, 2016	Jan. 31, 2017	Jan. 31, 2016	Jan. 19, 2016	Apr. 30, 2015
Common Stock, Shares Outstanding		40,525,595	234,728,770	18,755,095		18,295,000
Preferred Stock, Shares Outstanding		1,000,000	1,000,000	1,000,000
Common Stock, Shares Authorized		750,000,000	750,000,000		250,000,000
Stock Issued During Period, Shares, Issued for Services		10,095
Share-based Compensation		$ 14,500
Common Stock, Shares Issued		40,525,595	234,728,770
Common stock	[1]	$ 4,052	$ 23,472
Shares Issued for Cash		450,000
Sale of Stock, Price Per Share		$ 0.10
Cash		$ 45,000
Preferred Stock Shares Issued		1,000,000
Preferred Stock, Par Value		$ 0.0001	$ 0.0001	$ 0.0001
Common Stock Issued Upon Conversion		21,738,588
Stock Issued Upon Conversion		$ 618,708
RDW Note 3
Common Stock, Shares Issued		31,912
Common stock		$ 18,000
Stock Issued2
Cash						$ 1,000
[1]	$0.0001 par value; 750,000,000 shares authorized; issued and outstanding 234,728,770 and 40,525,595 at January 31, 2017 and April 30, 2016, respectively.