Sparta Commercial Services (SRCO) 10-Q 9 Jul 20 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jul. 31, 2018	Jul. 08, 2020
Document And Entity Information
Entity Registrant Name	SPARTA COMMERCIAL SERVICES, INC.
Entity Central Index Key	0000318299
Document Type	10-Q
Document Period End Date	Jul. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--04-30
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		627,092,904
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2019

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Current Assets
Cash and cash equivalents	$ 215	$ 998
Accounts receivable	3,874	3,853
Other current assets
Total Current Assets	4,089	4,851
Property and equipment, net of accumulated depreciation and amortization of $211,929 and $211,311, respectively	1,332	1,952
Other assets	9,628	9,628
Deposits	9,000	9,000
Total assets	24,049	25,431
Current Liabilities
Bank overdraft		1,882
Accounts payable and accrued expenses	3,655,489	3,533,344
Current portion notes payable net of discount of $27,529 and $55,662, respectively	4,507,123	4,461,640
Deferred revenue	22,333	20,546
Derivative liabilities	2,646,015	3,502,669
Total Current Liabilities	10,830,960	11,520,081
Loans payable-related parties	430,353	430,353
Total Long Term Liabilities	430,353	430,353
Total liabilities from continuing operations	11,261,313	11,950,434
LIABILITIES FROM DISCONTINUED OPERATIONS	12,080	12,080
Total liabilities	11,273,393	11,962,514
Deficit:
Common stock, $0.001 par value; 750,000,000 shares authorized, 627,092,904 and 620,862,687 shares issued and outstanding, respectively	627,093	620,863
Common stock to be issued 75,786,511 and 75,786,511, respectively	75,787	75,787
Additional paid-in-capital	46,871,298	46,635,457
Accumulated deficit	(59,786,562)	(60,226,159)
Total deficiency in stockholders' equity	(12,198,285)	(12,880,382)
Non-controlling interest	948,941	943,299
Total Deficit	(11,249,344)	(11,937,083)
Total Liabilities and Deficit	24,049	25,431
Series A Convertible Preferred Stock [Member]
Deficit:
Preferred stock value	12,500	12,500
Series B Redeemable Preferred Stock [Member]
Deficit:
Preferred stock value
Series C Redeemable Convertible Preferred Stock [Member]
Deficit:
Preferred stock value	$ 1,599	$ 1,170

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Accumulated depreciation and amortization	$ 211,929	$ 211,311
Notes payable, discount, current	$ 27,529	$ 55,662
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares issued	627,092,904	620,862,687
Common stock, shares outstanding	627,092,904	620,862,687
Common stock to be issued	75,786,511	75,786,511
Series A Convertible Preferred Stock [Member]
Preferred stock, par value	$ 100	$ 100
Preferred stock, shares authorized	35,850	35,850
Preferred stock, shares issued	125	125
Preferred stock, shares outstanding	125	125
Series B Redeemable Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Preferred stock, liquidation and redemption value per share	$ 10,000	$ 10,000
Series C Redeemable Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	200,000	200,000
Preferred stock, shares issued	1,599,000	1,170,000
Preferred stock, shares outstanding	1,599,000	1,170,000
Preferred stock, liquidation and redemption value per share	$ 10	$ 10

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Revenue
Information technology	$ 103,667	$ 118,207
Cost of goods sold	11,761	12,569
Gross profit	91,906	105,638
Operating expenses:
General and administrative	314,366	374,224
Depreciation and amortization	618	618
Total operating expenses	314,984	374,842
Loss from operations	(223,078)	(269,204)
Other (income) expense:
Other income	(1,850)	(2,100)
Financing cost	503,915	171,344
Amortization of debt discount	28,133	90,393
Loss in changes in fair value of derivative liability	(1,198,706)	(149,322)
Total other expense	(668,508)	110,315
Income (loss) from continuing operations	445,430	(379,519)
Loss from discontinued operations		19,277
Net Income (Loss)	445,430	(360,242)
Net income attributed to non-controlling interest	(5,642)	(6,456)
Preferred dividend	(191)	(191)
Net income (loss) attributed to common stockholders	$ 439,597	$ (366,889)
Basic and diluted loss per share:
Gain (loss) from continuing operations attributable to Sparta Commercial Services, Inc. common stockholders	$ 0	$ 0
Gain (loss) from discontinued operations attributable to Sparta Commercial Services, Inc. common stockholders	0	0
Net gain (loss) attributable to Sparta Commercial Services, Inc. common stockholders	$ 0	$ 0
Weighted average shares outstanding	623,566,356	458,404,528

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Changes in Deficit (Unaudited) - 3 months ended Jul. 31, 2018 - USD ($)	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Series C Preferred Stock [Member]	Common Stock [Member]	Common Stock To Be Issued [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Non-controlling Interest [Member]	Total
Balance at Apr. 30, 2018	$ 12,500		$ 1,170	$ 620,863	$ 75,787	$ 46,635,457	$ (60,226,159)	$ 943,299	$ (11,937,083)
Balance, shares at Apr. 30, 2018	125		1,170	620,862,687	75,786,511
Sale of common stock
Sale of preferred stock			$ 429			212,071			212,500
Sale of preferred stock, shares			429
Shares issued
Shares issued, shares
Shares issued for financing cost				$ 6,230		23,770			30,000
Shares issued for financing cost, shares				6,230,217
Shares issued for conversion of notes and interest
Preferred dividend							(191)		(191)
Net income							439,788	5,642	445,430
Balance at Jul. 31, 2018	$ 12,500		$ 1,599	$ 627,093	$ 75,787	$ 46,871,298	$ (59,786,562)	$ 948,941	$ (11,249,344)
Balance, shares at Jul. 31, 2018	125		1,599	627,092,904	75,786,511

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ 445,430	$ (360,242)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	618	618
(Gain) loss from change in fair value of derivative liabilities	(1,198,706)	(149,322)
Amortization of debt discount	28,133	90,393
Non-cash financing cost	372,055	51,435
Changes in operating assets and liabilities
Accounts receivable	(21)	(997)
Other assets		(9,702)
Accounts payable and accrued expenses	121,953	238,946
Deferred revenue	1,787	2,077
Net cash used in operating activities	(228,751)	(156,071)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment
Net cash (used in) investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Bank overdraft	(1,882)
Proceeds from sale of stock	212,500	80,000
Proceeds from notes payable	20,800	115,000
Payments on notes payable	(3,450)	(39,565)
Proceeds from related party notes
Net cash provided by financing activities	227,968	155,435
Cash flows from discontinued operations:
Cash used in operating activities of discontinued operations
Net cash flow from discontinued operation
Net (decrease) increase in cash	(783)	(636)
Cash and cash equivalents, beginning of period	998	636
Cash and cash equivalents , end of period	215
Cash paid for:
Interest		1,514
Income taxes

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of the significant accounting policies applied in the preparation of the accompanying unaudited condensed consolidated financial statements follows. Business Sparta Commercial Services, Inc. (“Sparta,” “we,” “us,” or the “Company”) is a Nevada corporation serving three markets. Sparta is a technology company that develops, markets and manages business websites and mobile application (mobile apps) for smartphones and tablets. The Company also owns and manages websites which sell on-demand motorcycle, recreational vehicle, and truck title history reports for consumers, retail dealers, auction houses, insurance companies and banks/finance companies. Notwithstanding our discontinuance of consumer financing, we continue to offer, on a pass through basis, an equipment-leasing product nationwide for local and state agencies throughout the country seeking an alternative and economical way to finance their essential equipment needs, including police motorcycles and cruisers, buses, fire trucks, and EMS equipment. Our roots are in the Powersports industry and our original focus was providing consumer and municipal financing to the powersports, recreational vehicle, and automobile industries (see Discontinued Operations). Presently, through our subsidiary, iMobile Solutions, Inc. (“iMS”), we offer mobile application development, sales, marketing and support, and Vehicle Title History Reports. Our mobile application (mobile app) offerings have broadened our base beyond vehicle dealers to a wide range of businesses including, but not limited to, agriculture dealerships, racetracks, private clubs, country clubs, restaurants and grocery stores. We also offer a private label version of our mobile app framework to enable other businesses to offer custom apps to their customers. The Company also designs, launches, maintains, and hosts websites for businesses. We provide specific, tailored action plans for our clients’ websites that include services such as eCommerce, CRM (Customer Relationship Management) development and integration, ordering system creation and integration, SEO (search engine optimization), social media marketing, and online reviews to improve their presence online. In addition, we offer text messaging services which are vital for businesses’ marketing, retention and loyalty strategies. Our text messaging platform allows our clients to easily manage, schedule, and analyze text message performance. Our vehicle history reports include Cyclechex (Motorcycle History Reports at www.cyclechex.com www.rvchecks.com www.carvinreport.com www.truckchex.com Basis of Presentation The accompanying unaudited condensed consolidated financial statements as of July 31, 2018 and for the three month periods ended July 31, 2018 and 2017 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission, including Form 10-Q and Regulation S-K. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments), which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations. The Company believes that the disclosures provided are adequate to make the information presented not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and explanatory notes for the year ended April 30, 2018 as disclosed in the Company’s Form 10-K for that year as filed with the Securities and Exchange Commission. The results of operations for the three months ended July 31, 2018 are not necessarily indicative of the results to be expected for any other interim period or the full year ending April 30, 2019. The condensed consolidated balance sheet as of April 30, 2018 contained herein has been derived from the audited consolidated financial statements as of April 30, 2018, but do not include all disclosures required by the U.S. GAAP. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its majority owned subsidiary. All material intercompany transactions and balances have been eliminated in consolidation. The third party ownership of the Company’s subsidiary is accounted for as noncontrolling interest in the consolidated financial statements. Changes in the noncontrolling interest are reported in the statement of changes in deficit. Estimates These financial statements have been prepared in accordance with accounting principles generally accepted in United States of America which require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and the disclosures of revenues and expenses for the reported period. Accordingly, actual results could differ from those estimates. Included in these estimates are assumptions about collection of accounts receivable, useful life of property and equipment, beneficial conversion feature of convertible notes payable, deferred income tax asset valuation allowances, and valuation of derivative liabilities. Discontinued Operations As discussed in Note C, in the second quarter of fiscal 2013 the Company’s Board of Directors approved management’s recommendation to discontinue the Company’s consumer lease and loan lines of business and the sale of the Company’s entire portfolio of performing RISCs, and a portion of its portfolio of leases. The sale was consummated in that quarter. The assets and liabilities have been accounted for as discontinued operations in the Company’s consolidated balance sheets for all periods presented. The operating results related to these lines of business have been included in discontinued operations in the Company’s consolidated statements of operations for all periods presented. Revenue Recognition During the first quarter of 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606), using the cumulative-effect method. The new standard requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The adoption did not have an impact in our consolidated financial statements, other than the enhancement of our disclosures related to our revenue-generating activities. Revenues from mobile app products are generally recognized upon delivery. Revenues from history reports are generally recognized upon delivery / download. Prepayments received from customers before delivery (if any) are recognized as deferred revenue and recognized upon delivery. Cash Equivalents For the purpose of the accompanying unaudited condensed consolidated financial statements, all highly liquid investments with a maturity of three months or less are considered to be cash equivalents. Fair Value Measurements The Company has adopted ASC 820, “Fair Value Measurements .” ● Level 1 — ● Level 2 — ● Level 3 — This hierarchy requires the Company to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. For some products or in certain market conditions, observable inputs may not always be available. Income Taxes We utilize ASC 740 “ Income Taxes The Company recognizes the impact of a tax position in the financial statements only if that position is more likely than not of being sustained upon examination by taxing authorities, based on the technical merits of the position. Our practice is to recognize interest and/or penalties related to income tax matters in income tax expense. Stock Based Compensation We account for our stock based compensation under ASC 718 “ Compensation – Stock Compensation We use the fair value method for equity instruments granted to non-employees and use the Black-Scholes model for measuring the fair value of options. The stock based fair value compensation is determined as of the date of the grant or the date at which the performance of the services is completed (measurement date) and is recognized over the vesting periods. Concentrations of Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash, cash equivalents and receivables. The Company places its cash and temporary cash investments with high credit quality institutions. At times, such investments may be in excess of the FDIC insurance limit. Net Loss Per Share The Company uses ASC 260-10, “ Earnings Per Share At July 31, 2018 and 2017, approximately 1.502 billion potential shares (including 75,786,511 shares to be issued included on the balance sheet) and 1.779 billion potential shares (including 59,047,336 shares to be issued included on the balance sheet), respectively, were excluded from the shares used to calculate diluted earnings per share as their inclusion would reduce net loss per share. Derivative Liabilities The Company assessed the classification of its derivative financial instruments as of July 31, 2018 and April 30, 2018, which consist of convertible instruments and rights to shares of the Company’s common stock, and determined that such derivatives meet the criteria for liability classification under ASC 815. ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as freestanding derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described. Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities” The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not be bifurcated from their host instruments) in accordance with professional standards when “Accounting for Convertible Securities with Beneficial Conversion Features,” Reclassifications Certain reclassifications have been made to conform to prior periods’ data to the current presentation. These reclassifications had no effect on reported losses. Recent Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update No. 2016-02 (Topic 842) “Leases.” “Leases.” A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, we have not determined whether implementation of such proposed standards would be material to our unaudited condensed consolidated financial statements.

Going Concern Matters

Going Concern Matters	3 Months Ended
	Jul. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern Matters	NOTE B – GOING CONCERN MATTERS The accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying unaudited condensed consolidated financial statements, the Company has incurred recurring losses and generated negative cash flows from operating activities since inception. As of July 31, 2018, the Company had an accumulated deficit of $59,786,562 and a working capital deficit (total current liabilities exceeded total current assets) of $10,826,871. The Company’s cash balance and revenues generated are not currently sufficient and cannot be projected to cover its operating expenses for the next twelve months from the filing date of this report. These factors among others raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time. The Company’s existence is dependent upon management’s ability to develop profitable operations. Management is devoting substantially all of its efforts to developing its business and raising capital and there can be no assurance that the Company’s efforts will be successful. No assurance can be given that management’s actions will result in profitable operations or the resolution of its liquidity problems. The accompanying unaudited condensed consolidated financial statements do not include any adjustments that might result should the Company be unable to continue as a going concern. In order to improve the Company’s liquidity, the Company’s management is actively pursuing additional equity financing through discussions with investment bankers and private investors. There can be no assurance that the Company will be successful in its effort to secure additional equity financing.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Jul. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	NOTE C – DISCONTINUED OPERATIONS In the second quarter of fiscal 2013, the Company’s Board of Directors approved management’s recommendation to discontinue the Company’s consumer lease and loan lines of business and the sale of all of the Company’s portfolio of performing RISCs and a portion of its portfolio of leases. The sale was consummated in that quarter. The assets and liabilities have been accounted for as discontinued operations in the Company’s consolidated balance sheets for all periods presented. The operating results related to these lines of business have been included in discontinued operations in the Company’s consolidated statements of operations for all periods presented. The following table presents summarized operating results for the discontinued operations. Three Months Ended July 31, July 31, 2018 2017 Revenues $ - $ 31,682 Net gain (loss) $ - $ 19,277 LIABILITIES INCLUDED IN DISCONTINUED OPERATIONS Included in liabilities from discontinued operations are the following: SECURED NOTE PAYABLE July 31, April 30, 2018 2018 Secured, subordinated individual lender 12,080 12,080 Total $ 12,080 $ 12,080 At July 31, 2018 and April 30, 2018, the note has a maturity due within one year. We make payments on the note as we collect on the underlying leases and loans.

Notes Payable and Derivatives

Notes Payable and Derivatives	3 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Notes Payable and Derivatives	NOTE D – NOTES PAYABLE AND DERIVATIVES The Company has outstanding numerous notes payable to various parties. The notes bear interest at rates of 5% - 20% per year and are summarized as follows: Notes Payable July 31, 2018 April 30, 2018 Notes convertible at holder’s option $ 2,324,716 $ 2,324,716 Notes convertible at Company’s option 75,700 76,000 Non-convertible notes payable 2,134,235 2,116,586 Subtotal 4,534,652 4,517,302 Less debt discount (27,529 ) (55,662 ) $ 4,507,123 $ 4,461,640 Certain of the notes payable contain variable conversion rates and the conversion features are classified as derivative liabilities. The conversion prices are based on the market price of the Company’s common stock, at discounts of 30% - 48% to market value. At July 31, 2018 the Company has reserved 238,630,500 shares, to the extent such shares become available, of its common stock for issuance upon the conversion of debentures. Amortization of debt discount for the three month periods ended July 31, 2018 and 2017 was $28,133 and $90,393, respectively. The Company’s derivative financial instruments consist of embedded derivatives related to the outstanding short term Convertible Notes Payable. These embedded derivatives include certain conversion features indexed to the Company’s common stock. The accounting treatment of derivative financial instruments requires that the Company record the derivatives and related items at their fair values as of the inception date of the Convertible Notes Payable and at fair value as of each subsequent balance sheet date. In addition, under the provisions of Accounting Standards Codification subtopic 815-40, Derivatives and Hedging; Contracts in Entity’s Own Equity The change in fair value of the derivative liabilities at July 31, 2018 was calculated with the following average assumptions, using a Black-Scholes option pricing model are as follows: Significant Assumptions: Risk free interest rate Ranging from 2.12 % to 2.61 % Expected stock price volatility Ranging from 83% to 121 % Expected dividend payout 0 % Expected life in years Ranging from 0.321 year to 1.5 years The change in fair value of the derivative liabilities of convertible notes outstanding at July 31, 2017 was calculated with the following average assumptions, using a Black-Scholes option-pricing model are as follows: Significant Assumptions: Risk free interest rate Ranging from 0.52% to 1.285 % Expected stock price volatility 151% to 239 % Expected dividend payout 0 % Expected life in years Ranging from 0.07 years to 1.56 years During the three months ended July 31, 2018 and 2017, the Company recorded a gain of $1,198,706 and $149,322, respectively, related to the change in value of the derivative liabilities. Changes in derivative liability during the three months ended July 31, 2018 and 2017 were: July 31, 2018 2017 Balance, beginning of year $ 3,502,666 $ 2,533,934 Derivative liability extinguished - - Derivative financial liability arising on the issuance of convertible notes and warrants 342,055 76,355 Fair value adjustments (1,198,706 ) (149,322 ) Balance, end of period $ 2,646,015 $ 2,460,967

Loans Payable to Related Partie

Loans Payable to Related Parties	3 Months Ended
	Jul. 31, 2018
Related Party Transactions [Abstract]
Loans Payable to Related Parties	NOTE E – LOANS PAYABLE TO RELATED PARTIES As of July 31, 2018 and April 30, 2018, aggregated loans and notes payable, without demand and with no interest, to officers and directors were $430,353 and $430,353, respectively.

Equity Transactions

Equity Transactions	3 Months Ended
	Jul. 31, 2018
Equity [Abstract]
Equity Transactions	NOTE F EQUITY TRANSACTIONS The Company is authorized to issue 10,000,000 shares of preferred stock with $0.001 par value per share, of which 35,850 shares have been designated as Series A convertible preferred stock with a $100 stated value per share, 1,000 shares have been designated as Series B Preferred Stock with a $10,000 per share liquidation value, and 200,000 shares have been designated as Series C Preferred Stock with a $10 per share liquidation value. The Company is authorized to issue 750,000,000 shares of common stock with $0.001 par value per share. The Company had 125 shares of Series A preferred stock issued and outstanding as of July 31, 2018 and April 30, 2018. The Company had no shares of Series B preferred stock issued and outstanding as of July 31, 2018 and April 30, 2018. The Company had 1,599 and 1,170 shares of Series C preferred stock issued and outstanding, respectively as of July 31, 2018 and April 30, 2018. The Company had 627,092,904 and 620,862,687 shares of common stock issued and outstanding as of July 31, 2018 and April 30, 2018, respectively. Preferred Stock During the three months ended July 31, 2018, the Company: Sold 429 Units C Convertible Preferred stock for $212,500. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. During the three months ended July 31, 2017, there were no Preferred Stock transactions. Common Stock During the three months ended July 31, 2018, the Company: ● pursuant to the terms of agreements, issued 6,230,217 shares of restricted common stock, valued at $30,000. During the three months ended July 31, 2017, the Company: ● pursuant to the terms of agreements, accrued as to be issued 4,467,700 shares of restricted common stock, valued at $17,113, ● accrued as to be issued, 31,296,960 shares of restricted common stock which had been sold to accredited investors for $80,000.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Jul. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE G – FAIR VALUE MEASUREMENTS The Company follows the guidance established pursuant to ASC 820 which established a framework for measuring fair value and expands disclosure about fair value measurements. ASC 820 defines fair value as the amount that would be received for an asset or paid to transfer a liability (i.e., an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes the following three levels of inputs that may be used: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets and liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2: Observable prices that are based on inputs not quoted on active markets but corroborated by market data. Level 3: Unobservable inputs when there is little or no market data available, thereby requiring an entity to develop its own assumptions. The fair value hierarchy gives the lowest priority to Level 3 inputs. The table below summarizes the fair values of financial liabilities as of July 31, 2018: Fair Value at Fair Value Measurement Using July 31, 2018 Level 1 Level 2 Level 3 Derivative liabilities $ 2,646,015 - - $ 2,646,015 Fair values of financial liabilities as of April 30, 2018 are as follows: Fair Value at Fair Value Measurement Using April 30, 2018 Level 1 Level 2 Level 3 Derivative liabilities $ 3,502,669 - - $ 3,502,669 The following is a description of the valuation methodologies used for these items: Derivative liabilities The Company did not identify any other non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value in accordance with ASC Topic 825 “ The Fair Value Option for Financial Issuances

Non-Cash Investing and Financin

Non-Cash Investing and Financing Information	3 Months Ended
	Jul. 31, 2018
Non-cash Investing And Financing Information
Non-Cash Investing and Financing Information	NOTE H – NON-CASH INVESTING AND FINANCING INFORMATION During the three months ended July 31, 2018, the Company: ● pursuant to the terms of agreements, issued 6,230,217 shares of restricted common stock, valued at $30,000. During the three months ended July 31, 2017, the Company: ● pursuant to the terms of agreements, accrued as to be issued 4,467,700 shares of restricted common stock, valued at $17,113.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE I – COMMITMENTS AND CONTINGENCIES Operating Lease Commitments Our executive offices are located in New York, NY. We have an agreement for use of office space at this location under a lease expiring on July 31, 2018. The monthly base rent is $4,500 Rent expense was $13,550 and $13,250 for the three month periods ended July 31, 2018 and 2017, respectively. Litigation The Company is subject to legal proceedings and claims which arise in the ordinary course of its business. Sparta can make no representations about the potential outcome of such proceedings. As of July 31, 2018, we were not a party to any material pending legal proceeding except as stated below. From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. The Company has received notices dated April 1, 2016, May 13, 2016 and July 22, 2016 from two lenders claiming defaults relating to conversion requests of $8,365 principal and $643 interest and $5,000 principal, with regard to notes in the total amounts of $55,125 and $27,500, respectively, which the Company has refused to process and believes it has defenses in that regard. The Company believes these claims are contingent, unliquidated and disputed. There can be no assurance that the Company would prevail should litigation with regard to any of these requests occur. These liabilities have been recorded in the unaudited condensed consolidated financial statements. On September 22, 2016, a motion for summary judgment in lieu of complaint was filed in the Supreme Court of The State of New York County of Kings, against the Company by a lender for the amount of $102,170.82 in principal and interest; accrued and unpaid interest thereupon in the amount from the date of filing to entry of judgment herein; lender’s reasonable attorney’s fees, costs, and expenses; and any such other relief as the Court deems just and proper. Plaintiff 's motion for summary judgment in lieu of complaint was denied on May 5, 2017. The Company believes the claim is contingent, unliquidated and disputed.

Subsequent Events

Subsequent Events	3 Months Ended
	Jul. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	NOTE J – SUBSEQUENT EVENTS Subsequent to July 31, 2018 the Company: Sold 327 Units of Series C Convertible Preferred stock for $163,173. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 220 Units of the Company’s Series C Convertible Preferred stock upon conversion of $143,144 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Pursuant to terms of agreements, accrued as to be issued 3,000,000 shares of restricted common stock, valued at $13,303. Issued 40 Units of the Company’s Series D Convertible Preferred stock upon conversion of $40,000 of accounts payable. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Issued 30 Units of the Company’s Series D Convertible Preferred stock in exchange for of $30,000 of the Company’s subsidiary’s Convertible preferred stock. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Issued 142.83 Units of the Company’s Series D Convertible Preferred stock upon conversion of $142,825 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Subsequent to October 31, 2018 the Company: Sold 444.1 Units of Series C Convertible Preferred stock for $223,050. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 117.51 Units of the Company’s Series D Convertible Preferred stock upon conversion of $117,510 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Issued 83.75 Units of the Company’s Series D Convertible Preferred stock upon conversion of $83,750 of accounts payable. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Subsequent to January 31, 2019 the Company: Issued 194 Units of Series C Convertible Preferred stock upon conversion of $97,000 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 20 Units of the Company’s Series C Convertible Preferred stock in exchange for $20,000 of the Company’s subsidiary’s Convertible Preferred stock. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 165.12 Units of the Company’s Series C Convertible Preferred stock upon conversion of $111,130 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 145.79 Units of the Company’s Series D Convertible Preferred stock upon conversion of $146,040 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Issued 20 Units of the Company’s Series D Convertible Preferred stock in exchange for $20,000 of the Company’s subsidiary’s Convertible Preferred stock. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Pursuant to terms of agreements, accrued as to be issued 2,000,000 shares of restricted common stock, valued at $8,869. Subsequent to April 30, 2019 the Company: Accrued 1,000,000 shares of restricted common stock to be issued in cancellation of $311,127 in accounts payable. Sold 298 Units of Series C Convertible Preferred stock for $103,000 in cash and conversion of $45,829 of notes payable and accrued interest thereon. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 125 Units of the Company’s Series D Convertible Preferred stock in exchange for $125,000 of the Company’s subsidiary’s Convertible Preferred stock. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Subsequent to July 31, 2019 the Company: Sold 392 Units of Series C Convertible Preferred stock for $196,000. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 15 Units of the Company’s Series D Convertible Preferred stock in exchange for $15,000 of the Company’s subsidiary’s Convertible Preferred stock. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Subsequent to October 31, 2019 the Company: Sold 250 Units of Series C Convertible Preferred stock for $125,000. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 50 Units of the Company’s Series D Convertible Preferred stock in exchange for $50,000 of the Company’s subsidiary’s Convertible Preferred stock. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Subsequent to January 31, 2020 the Company: Sold 105 Units of Series C Convertible Preferred stock for $52,500. Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.005 per share. Issued 145 Units of the Company’s Series D Convertible Preferred stock in exchange for $145,000 of the Company’s subsidiary’s Convertible Preferred stock. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share. Issued 222.22 Units of the Company’s Series D Convertible Preferred stock upon conversion of $222,250 of accounts payable. Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company’s common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company’s common stock at $0.01 per share.

Summary of Accounting Policies

Summary of Accounting Policies (Policies)	3 Months Ended
	Jul. 31, 2018
Accounting Policies [Abstract]
Business	Business Sparta Commercial Services, Inc. (“Sparta,” “we,” “us,” or the “Company”) is a Nevada corporation serving three markets. Sparta is a technology company that develops, markets and manages business websites and mobile application (mobile apps) for smartphones and tablets. The Company also owns and manages websites which sell on-demand motorcycle, recreational vehicle, and truck title history reports for consumers, retail dealers, auction houses, insurance companies and banks/finance companies. Notwithstanding our discontinuance of consumer financing, we continue to offer, on a pass through basis, an equipment-leasing product nationwide for local and state agencies throughout the country seeking an alternative and economical way to finance their essential equipment needs, including police motorcycles and cruisers, buses, fire trucks, and EMS equipment. Our roots are in the Powersports industry and our original focus was providing consumer and municipal financing to the powersports, recreational vehicle, and automobile industries (see Discontinued Operations). Presently, through our subsidiary, iMobile Solutions, Inc. (“iMS”), we offer mobile application development, sales, marketing and support, and Vehicle Title History Reports. Our mobile application (mobile app) offerings have broadened our base beyond vehicle dealers to a wide range of businesses including, but not limited to, agriculture dealerships, racetracks, private clubs, country clubs, restaurants and grocery stores. We also offer a private label version of our mobile app framework to enable other businesses to offer custom apps to their customers. The Company also designs, launches, maintains, and hosts websites for businesses. We provide specific, tailored action plans for our clients’ websites that include services such as eCommerce, CRM (Customer Relationship Management) development and integration, ordering system creation and integration, SEO (search engine optimization), social media marketing, and online reviews to improve their presence online. In addition, we offer text messaging services which are vital for businesses’ marketing, retention and loyalty strategies. Our text messaging platform allows our clients to easily manage, schedule, and analyze text message performance. Our vehicle history reports include Cyclechex (Motorcycle History Reports at www.cyclechex.com www.rvchecks.com www.carvinreport.com www.truckchex.com
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements as of July 31, 2018 and for the three month periods ended July 31, 2018 and 2017 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission, including Form 10-Q and Regulation S-K. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments), which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations. The Company believes that the disclosures provided are adequate to make the information presented not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and explanatory notes for the year ended April 30, 2018 as disclosed in the Company’s Form 10-K for that year as filed with the Securities and Exchange Commission. The results of operations for the three months ended July 31, 2018 are not necessarily indicative of the results to be expected for any other interim period or the full year ending April 30, 2019. The condensed consolidated balance sheet as of April 30, 2018 contained herein has been derived from the audited consolidated financial statements as of April 30, 2018, but do not include all disclosures required by the U.S. GAAP.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its majority owned subsidiary. All material intercompany transactions and balances have been eliminated in consolidation. The third party ownership of the Company’s subsidiary is accounted for as noncontrolling interest in the consolidated financial statements. Changes in the noncontrolling interest are reported in the statement of changes in deficit.
Estimates	Estimates These financial statements have been prepared in accordance with accounting principles generally accepted in United States of America which require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and the disclosures of revenues and expenses for the reported period. Accordingly, actual results could differ from those estimates. Included in these estimates are assumptions about collection of accounts receivable, useful life of property and equipment, beneficial conversion feature of convertible notes payable, deferred income tax asset valuation allowances, and valuation of derivative liabilities.
Discontinued Operations	Discontinued Operations As discussed in Note C, in the second quarter of fiscal 2013 the Company’s Board of Directors approved management’s recommendation to discontinue the Company’s consumer lease and loan lines of business and the sale of the Company’s entire portfolio of performing RISCs, and a portion of its portfolio of leases. The sale was consummated in that quarter. The assets and liabilities have been accounted for as discontinued operations in the Company’s consolidated balance sheets for all periods presented. The operating results related to these lines of business have been included in discontinued operations in the Company’s consolidated statements of operations for all periods presented.
Revenue Recognition	Revenue Recognition During the first quarter of 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606), using the cumulative-effect method. The new standard requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The adoption did not have an impact in our consolidated financial statements, other than the enhancement of our disclosures related to our revenue-generating activities. Revenues from mobile app products are generally recognized upon delivery. Revenues from history reports are generally recognized upon delivery / download. Prepayments received from customers before delivery (if any) are recognized as deferred revenue and recognized upon delivery.
Cash Equivalents	Cash Equivalents For the purpose of the accompanying unaudited condensed consolidated financial statements, all highly liquid investments with a maturity of three months or less are considered to be cash equivalents.
Fair Value Measurements	Fair Value Measurements The Company has adopted ASC 820, “Fair Value Measurements .” ● Level 1 — ● Level 2 — ● Level 3 — This hierarchy requires the Company to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. For some products or in certain market conditions, observable inputs may not always be available.
Income Taxes	Income Taxes We utilize ASC 740 “ Income Taxes The Company recognizes the impact of a tax position in the financial statements only if that position is more likely than not of being sustained upon examination by taxing authorities, based on the technical merits of the position. Our practice is to recognize interest and/or penalties related to income tax matters in income tax expense.
Stock Based Compensation	Stock Based Compensation We account for our stock based compensation under ASC 718 “ Compensation – Stock Compensation We use the fair value method for equity instruments granted to non-employees and use the Black-Scholes model for measuring the fair value of options. The stock based fair value compensation is determined as of the date of the grant or the date at which the performance of the services is completed (measurement date) and is recognized over the vesting periods.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash, cash equivalents and receivables. The Company places its cash and temporary cash investments with high credit quality institutions. At times, such investments may be in excess of the FDIC insurance limit.
Net Loss Per Share	Net Loss Per Share The Company uses ASC 260-10, “ Earnings Per Share At July 31, 2018 and 2017, approximately 1.502 billion potential shares (including 75,786,511 shares to be issued included on the balance sheet) and 1.779 billion potential shares (including 59,047,336 shares to be issued included on the balance sheet), respectively, were excluded from the shares used to calculate diluted earnings per share as their inclusion would reduce net loss per share.
Derivative Liabilities	Derivative Liabilities The Company assessed the classification of its derivative financial instruments as of July 31, 2018 and April 30, 2018, which consist of convertible instruments and rights to shares of the Company’s common stock, and determined that such derivatives meet the criteria for liability classification under ASC 815. ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as freestanding derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described.
Convertible Instruments	Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities” The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not be bifurcated from their host instruments) in accordance with professional standards when “Accounting for Convertible Securities with Beneficial Conversion Features,”
Reclassifications	Reclassifications Certain reclassifications have been made to conform to prior periods’ data to the current presentation. These reclassifications had no effect on reported losses.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update No. 2016-02 (Topic 842) “Leases.” “Leases.” A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, we have not determined whether implementation of such proposed standards would be material to our unaudited condensed consolidated financial statements.

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Jul. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Summary of Operating Results for Discontinued Operations	The operating results related to these lines of business have been included in discontinued operations in the Company’s consolidated statements of operations for all periods presented. The following table presents summarized operating results for the discontinued operations. Three Months Ended July 31, July 31, 2018 2017 Revenues $ - $ 31,682 Net gain (loss) $ - $ 19,277
Schedule of Secured Notes Payable	Included in liabilities from discontinued operations are the following: SECURED NOTE PAYABLE July 31, April 30, 2018 2018 Secured, subordinated individual lender 12,080 12,080 Total $ 12,080 $ 12,080

Notes Payable and Derivatives (

Notes Payable and Derivatives (Tables)	3 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Schedule of Notes Payable	The Company has outstanding numerous notes payable to various parties. The notes bear interest at rates of 5% - 20% per year and are summarized as follows: Notes Payable July 31, 2018 April 30, 2018 Notes convertible at holder’s option $ 2,324,716 $ 2,324,716 Notes convertible at Company’s option 75,700 76,000 Non-convertible notes payable 2,134,235 2,116,586 Subtotal 4,534,652 4,517,302 Less debt discount (27,529 ) (55,662 ) $ 4,507,123 $ 4,461,640
Schedule of Derivative Liabilities Assumptions Using Black-Scholes Option	The change in fair value of the derivative liabilities at July 31, 2018 was calculated with the following average assumptions, using a Black-Scholes option pricing model are as follows: Significant Assumptions: Risk free interest rate Ranging from 2.12 % to 2.61 % Expected stock price volatility Ranging from 83% to 121 % Expected dividend payout 0 % Expected life in years Ranging from 0.321 year to 1.5 years The change in fair value of the derivative liabilities of convertible notes outstanding at July 31, 2017 was calculated with the following average assumptions, using a Black-Scholes option-pricing model are as follows: Significant Assumptions: Risk free interest rate Ranging from 0.52% to 1.285 % Expected stock price volatility 151% to 239 % Expected dividend payout 0 % Expected life in years Ranging from 0.07 years to 1.56 years
Schedule of Changes in Derivative Liabilities	Changes in derivative liability during the three months ended July 31, 2018 and 2017 were: July 31, 2018 2017 Balance, beginning of year $ 3,502,666 $ 2,533,934 Derivative liability extinguished - - Derivative financial liability arising on the issuance of convertible notes and warrants 342,055 76,355 Fair value adjustments (1,198,706 ) (149,322 ) Balance, end of period $ 2,646,015 $ 2,460,967

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Jul. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Liabilities	The table below summarizes the fair values of financial liabilities as of July 31, 2018: Fair Value at Fair Value Measurement Using July 31, 2018 Level 1 Level 2 Level 3 Derivative liabilities $ 2,646,015 - - $ 2,646,015 Fair values of financial liabilities as of April 30, 2018 are as follows: Fair Value at Fair Value Measurement Using April 30, 2018 Level 1 Level 2 Level 3 Derivative liabilities $ 3,502,669 - - $ 3,502,669

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details Narrative) - shares	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Antidilutive securities excluded from computation of earnings per share, amount	1,502,000,000	1,779,000,000
Shares to be Issued [Member]
Antidilutive securities excluded from computation of earnings per share, amount	75,786,511	59,047,336

Going Concern Matters (Details

Going Concern Matters (Details Narrative) - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (59,786,562)	$ (60,226,159)
Working capital deficit	$ 10,826,871

Discontinued Operations (Detail

Discontinued Operations (Details Narrative)	3 Months Ended
	Jul. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Secured notes payable, maturity description	The notes have maturities due within one year.

Discontinued Operations - Summa

Discontinued Operations - Summary of Operating Results for Discontinued Operations (Details) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Revenues		$ 31,682
Net gain (loss)		$ 19,277

Discontinued Operations - Sched

Discontinued Operations - Schedule of Secured Notes Payable (Details) - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Liabilities included in discontinued operation	$ 12,080	$ 12,080
Secured Notes Payable One [Member] | Subordinated Individual Lender [Member]
Liabilities included in discontinued operation	$ 12,080	$ 12,080

Notes Payable and Derivatives_2

Notes Payable and Derivatives (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Common stock reserved for future issuance	238,630,500
Amortization of debt discount	$ 28,133	$ 90,393
Change in value of derivative liabilities	$ 1,198,706	$ 149,322
Minimum [Member]
Debt instrument, interest rate	5.00%
Common stock discount rate, percentage	30.00%
Maximum [Member]
Debt instrument, interest rate	20.00%
Common stock discount rate, percentage	48.00%

Notes Payable and Derivatives -

Notes Payable and Derivatives - Schedule of Notes Payable (Details) - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Subtotal	$ 4,534,652	$ 4,517,302
Less debt discount	(27,529)	(55,662)
Total	4,507,123	4,461,640
Notes Convertible at Holder's Option [Member]
Subtotal	2,324,716	2,324,716
Notes Convertible at Company's Option [Member]
Subtotal	75,700	76,000
Non-Convertible Notes Payable [Member]
Subtotal	$ 2,134,235	$ 2,116,586

Notes Payable and Derivatives_3

Notes Payable and Derivatives - Schedule of Derivative Liabilities Assumptions Using Black-Scholes Option (Details)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Risk Free Interest Rate [Member] | Minimum [Member]
Derivative liability, measurement input, percentage	2.12	0.52
Risk Free Interest Rate [Member] | Maximum [Member]
Derivative liability, measurement input, percentage	2.61	1.285
Expected stock price volatility [Member] | Minimum [Member]
Derivative liability, measurement input, percentage	83	151
Expected stock price volatility [Member] | Maximum [Member]
Derivative liability, measurement input, percentage	121	239
Dividend Yield [Member]
Derivative liability, measurement input, percentage	0	0
Expected Options Life in Years [Member] | Minimum [Member]
Derivative liability, measurement input, expected life	38 months 16 days	26 days
Expected Options Life in Years [Member] | Maximum [Member]
Derivative liability, measurement input, expected life	1 year 6 months	1 year 6 months 21 days

Notes Payable and Derivatives_4

Notes Payable and Derivatives - Schedule of Changes in Derivative Liabilities (Details) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Debt Disclosure [Abstract]
Balance, beginning of year	$ 3,502,669	$ 2,533,934
Derivative liability extinguished
Derivative financial liability arising on the issuance of convertible notes and warrants	342,055	76,355
Fair value adjustments	(1,198,706)	(149,322)
Balance, end of period	$ 2,646,015	$ 2,460,967

Loans Payable to Related Part_2

Loans Payable to Related Parties (Details Narrative) - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Related Party Transactions [Abstract]
Loans payable to officers and directors	$ 430,353	$ 430,353

Equity Transactions (Details Na

Equity Transactions (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Apr. 30, 2018
Preferred stock, shares authorized	10,000,000		10,000,000
Preferred stock, par value	$ 0.001		$ 0.001
Common stock, shares authorized	750,000,000		750,000,000
Common stock, par value	$ 0.001		$ 0.001
Common stock, shares issued	627,092,904		620,862,687
Common stock, shares outstanding	627,092,904		620,862,687
Restricted Common Stock [Member] | Accredited Investors [Member]
Number of restricted stock shares		31,296,960
Number of restricted stock		$ 80,000
Restricted Common Stock [Member] | Pursuant to Terms of Agreement [Member]
Number of restricted stock shares	6,230,217	4,467,700
Number of restricted stock	$ 30,000	$ 17,113
Series A Convertible Preferred Stock [Member]
Preferred stock, shares authorized	35,850		35,850
Preferred stock, par value	$ 100		$ 100
Preferred stock, shares issued	125		125
Preferred stock, shares outstanding	125		125
Series B Preferred Stock [Member]
Preferred stock, shares authorized	1,000		200,000
Preferred stock, liquidation preference	$ 10,000		$ 10
Preferred stock, shares issued
Preferred stock, shares outstanding
Series C Preferred Stock [Member]
Preferred stock, shares authorized	200,000
Preferred stock, liquidation preference	$ 10
Preferred stock, shares issued	1,599		1,170
Preferred stock, shares outstanding	1,599		1,170
Series C Convertible Preferred Stock [Member]
Sale of stock, number of shares issued	429
Sale of stock, consideration received	$ 212,500
Sale of stock, description	Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted	300
Sale of stock, price per share	$ 0.005

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Values of Financial Liabilities (Details) - USD ($)	Jul. 31, 2018	Apr. 30, 2018
Derivative liabilities	$ 2,646,015	$ 3,502,669
Fair Value, Inputs, Level 1 [Member]
Derivative liabilities
Fair Value, Inputs, Level 2 [Member]
Derivative liabilities
Fair Value, Inputs, Level 3 [Member]
Derivative liabilities	$ 2,646,015	$ 3,502,669

Non-Cash Investing and Financ_2

Non-Cash Investing and Financing Information (Details Narrative) - Restricted Common Stock [Member] - Pursuant to Terms of Agreement [Member] - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Number of restricted stock shares	6,230,217	4,467,700
Number of restricted stock	$ 30,000	$ 17,113

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Sep. 22, 2016
Rent expense	$ 13,550	$ 13,250
Lender One [Member]
Debt principal amount	8,365
Debt interest	643
Aggregate note amount	55,125
Lender Two [Member]
Debt principal amount	5,000
Aggregate note amount	$ 27,500
Lender [Member]
Debt principal and interest			$ 102,171
Executive Office Space [Member]
Lease expiring date	Jul. 31, 2018
Rent expense	$ 4,500

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	3 Months Ended	5 Months Ended	8 Months Ended	11 Months Ended	14 Months Ended	17 Months Ended	20 Months Ended	23 Months Ended
	Jul. 31, 2018	Jul. 08, 2020	Jul. 08, 2020	Jul. 08, 2020	Jul. 08, 2020	Jul. 08, 2020	Jul. 08, 2020	Jul. 08, 2020	Jul. 08, 2019
Series C Convertible Preferred Stock [Member]
Sale of stock, number of shares issued	429
Sale of stock, consideration received	$ 212,500
Sale of stock, description	Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted	300
Sale of stock, price per share	$ 0.005
Subsequent Event [Member] | Restricted Common Stock [Member]
Number of restricted common stock sold					1,000,000	2,000,000		3,000,000
Number of restricted common stock sold, value						$ 8,869		$ 13,303
Common stock to be issued in cancellation					$ 311,127
Subsequent Event [Member] | Series C Convertible Preferred Stock [Member]
Sale of stock, number of shares issued								327
Sale of stock, consideration received								$ 163,173
Sale of stock, description								Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted								300
Sale of stock, price per share		$ 0.005	$ 0.005	$ 0.005	$ 0.005	$ 0.005	$ 0.005	$ 0.005
Subsequent Event [Member] | Series C Convertible Preferred Stock One [Member]
Sale of stock, number of shares issued								220
Sale of stock, consideration received								$ 143,144
Sale of stock, description								Each Unit consists of 1 share of Series D Preferred stock (convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted								400
Sale of stock, price per share		0.005	0.005	0.005	0.005	0.005	0.005	$ 0.005
Subsequent Event [Member] | Series D Convertible Preferred Stock [Member]
Sale of stock, number of shares issued								40
Sale of stock, consideration received								$ 40,000
Sale of stock, description								Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted								400
Sale of stock, price per share		0.01	0.01	0.01	0.01	0.01	0.01	$ 0.01
Subsequent Event [Member] | Series D Convertible Preferred Stock One [Member]
Sale of stock, number of shares issued								30
Sale of stock, consideration received								$ 30,000
Sale of stock, description								Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share
Conversion of stock, shares converted								400
Sale of stock, price per share		0.01	0.01	0.01	0.01	0.01	0.01	$ 0.01
Subsequent Event [Member] | Series D Convertible Preferred Stock Two [Member]
Sale of stock, number of shares issued								142.83
Sale of stock, consideration received								$ 142,825
Sale of stock, description								Each Unit consists of 1 share of Series D Preferred stock (convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted								400
Sale of stock, price per share		0.01	0.01	0.01	0.01	0.01	$ 0.01	$ 0.01
Subsequent Event [Member] | Series C Convertible Preferred Stock Two [Member]
Sale of stock, number of shares issued							444.1
Sale of stock, consideration received							$ 223,050
Sale of stock, description							Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted							300
Sale of stock, price per share		0.005	0.005	0.005	0.005	0.005	$ 0.005	0.005
Subsequent Event [Member] | Series D Convertible Preferred Stock Three [Member]
Sale of stock, number of shares issued							117.51
Sale of stock, consideration received							$ 117,510
Sale of stock, description							Each Unit consists of 1 share of Series D Preferred stock (convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted							400
Sale of stock, price per share		0.01	0.01	0.01	0.01	0.01	$ 0.01	0.01
Subsequent Event [Member] | Series D Convertible Preferred Stock Four [Member]
Sale of stock, number of shares issued							83.75
Sale of stock, consideration received							$ 83,750
Sale of stock, description							Each Unit consists of 1 share of Series D Preferred stock (convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted							400
Sale of stock, price per share		0.01	0.01	0.01	0.01	$ 0.01	$ 0.01	0.01
Subsequent Event [Member] | Series C Convertible Preferred Stock Three [Member]
Sale of stock, number of shares issued						194
Sale of stock, consideration received						$ 97,000
Sale of stock, description						Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted						300
Sale of stock, price per share		$ 0.005	0.005	0.005	0.005	$ 0.005	0.005	0.005
Subsequent Event [Member] | Series C Convertible Preferred Stock [Member]
Sale of stock, number of shares issued		20
Sale of stock, consideration received		$ 20,000
Sale of stock, description		Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted		300
Sale of stock, price per share		$ 0.005	0.005	0.005	$ 0.005	0.005	0.005	0.005
Subsequent Event [Member] | Series C Convertible Preferred Stock Five [Member]
Sale of stock, number of shares issued		165.12			298
Sale of stock, consideration received		$ 111,130			$ 103,000
Sale of stock, description		Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.			Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted		300			300
Sale of stock, price per share		$ 0.005	0.005	0.005	$ 0.005	$ 0.005	0.005	0.005
Shares issued for conversion of notes and interest					$ 45,829
Subsequent Event [Member] | Series D Convertible Preferred Stock Five [Member]
Sale of stock, number of shares issued						145.79
Sale of stock, consideration received						$ 146,040
Sale of stock, description						Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted						400
Sale of stock, price per share		0.01	0.01	0.01	$ 0.01	$ 0.01	0.01	0.01
Subsequent Event [Member] | Series D Convertible Preferred Stock Six [Member]
Sale of stock, number of shares issued						20
Sale of stock, consideration received						$ 20,000
Sale of stock, description						Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted						400
Sale of stock, price per share		0.01	0.01	0.01	$ 0.01	$ 0.01	0.01	0.01
Subsequent Event [Member] | Series C Convertible Preferred Stock Five [Member]
Sale of stock, price per share									$ 0.005
Subsequent Event [Member] | Series D Convertible Preferred Stock Seven [Member]
Sale of stock, number of shares issued					125
Sale of stock, consideration received					$ 125,000
Sale of stock, description					Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted					400
Sale of stock, price per share		0.01	0.01	$ 0.01	$ 0.01	0.01	0.01	0.01
Subsequent Event [Member] | Series C Convertible Preferred Stock Six [Member]
Sale of stock, number of shares issued				392
Sale of stock, consideration received				$ 196,000
Sale of stock, description				Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted				300
Sale of stock, price per share		0.005	0.005	$ 0.005	0.005	0.005	0.005	0.005
Subsequent Event [Member] | Series D Convertible Preferred Stock Eight [Member]
Sale of stock, number of shares issued				15
Sale of stock, consideration received				$ 15,000
Sale of stock, description				Each Unit consists of 1 share of Series D Preferred stock (convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted				400
Sale of stock, price per share		0.01	$ 0.01	$ 0.01	0.01	0.01	0.01	0.01
Subsequent Event [Member] | Series C Convertible Preferred Stock Seven [Member]
Sale of stock, number of shares issued			250
Sale of stock, consideration received			$ 125,000
Sale of stock, description			Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted			300
Sale of stock, price per share		0.005	$ 0.005	0.005	0.005	0.005	0.005	0.005
Subsequent Event [Member] | Series D Convertible Preferred Stock Nine [Member]
Sale of stock, number of shares issued			50
Sale of stock, consideration received			$ 50,000
Sale of stock, description			Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted			400
Subsequent Event [Member] | Series C Convertible Preferred Stock Nine [Member]
Sale of stock, price per share		$ 0.01	$ 0.01	0.01	0.01	0.01	0.01	0.01
Subsequent Event [Member] | Series C Convertible Preferred Stock Ten [Member]
Sale of stock, number of shares issued		105
Sale of stock, consideration received		$ 52,500
Sale of stock, description		Each Unit consists of 1 share of Series C Preferred stock convertible at any time into 300 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.005 per share.
Conversion of stock, shares converted		300
Sale of stock, price per share		$ 0.005	0.005	0.005	0.005	0.005	0.005	0.005
Subsequent Event [Member] | Series D Convertible Preferred Stock Eleven [Member]
Sale of stock, number of shares issued		145
Sale of stock, consideration received		$ 145,000
Sale of stock, description		Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted		400
Sale of stock, price per share		$ 0.01	0.01	0.01	0.01	0.01	0.01	0.01
Subsequent Event [Member] | Series D Convertible Preferred Stock Twelve [Member]
Sale of stock, number of shares issued		222.22
Sale of stock, description		Each Unit consists of 1 share of Series D Preferred stock convertible at any time into 400 shares of the Company's common stock (subject to certain percentage ownership provisions) and 150 two year Warrants to purchase one share of the Company's common stock at $0.01 per share.
Conversion of stock, shares converted		400
Sale of stock, price per share		$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01
Subsequent Event [Member] | Series D Convertible Preferred Stock Twelve [Member] | Accounts Payable [Member]
Sale of stock, consideration received		$ 222,250