REGI U.S. (RGUS) 10-Q/A 22 Nov 17 2018 Q1 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jul. 31, 2017	Nov. 22, 2017
Document And Entity Information
Entity Registrant Name	REGI U S INC
Entity Central Index Key	922,330
Document Type	10-Q
Document Period End Date	Jul. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--04-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		88,159,228
Trading Symbol	RGUS
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jul. 31, 2017	Apr. 30, 2017
Current Assets:
Cash and cash equivalents	$ 252,040	$ 67,818
Prepaid expenses	37,527	8,987
Total current assets	289,567	76,805
Furniture and equipment, net	15,273	14,279
Total Assets	304,840	91,084
Current Liabilities:
Accounts payable and accrued liabilities	261,767	219,966
Due to related parties	105,614	77,560
Total current liabilities	367,381	297,526
Long-term Liabilities:
Convertible promissory notes, net of unamortized discount of $324,548 and $12,944, respectively	732,921	636,539
Convertible promissory notes – related parties, net of unamortized discount of $29,432 and $9,888, respectively	880,254	877,449
Total long-term liabilities	1,613,175	1,513,988
Total liabilities	1,980,556	1,811,514
Stockholders’ Deficit:
Common stock, 150,000,000 shares authorized, no par value, 85,515,297 and 84,850,475 shares issued, respectively	20,076,898	19,641,632
Accumulated deficit	(21,448,722)	(21,058,170)
Accumulated other comprehensive loss	(358,675)	(358,675)
Total REGI U.S., Inc. stockholders’ deficit	(1,730,499)	(1,775,213)
Non-controlling interest	54,783	54,783
Total stockholders’ deficit	(1,675,716)	(1,720,430)
Total Liabilities and Stockholders’ Deficit	$ 304,840	$ 91,084

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Jul. 31, 2017	Apr. 30, 2017
Statement of Financial Position [Abstract]
Convertible promissory notes, unamortized discount	$ 324,548	$ 12,944
Convertible promissory notes - related parties, unamortized discount	$ 29,432	$ 9,888
Common stock, shares authorized	150,000,000	150,000,000
Common stock, no par value
Common stock, shares issued	85,515,297	84,850,475
Common stock, shares outstanding	84,687,566	84,022,744

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2017	Jul. 31, 2016
Operating Expenses:
General and administration	$ 149,477	$ 9,615
Research and development	186,825
Loss from operations	(336,302)	(9,615)
Other expense:
Interest expense	(54,250)
Total other expense	(54,250)
Net loss before non-controlling interest	(390,552)	(9,615)
Net loss attributable to non-controlling interest		7
Net loss attributable to REGI U.S., Inc.	$ (390,552)	$ (9,608)
Loss per share – basic and diluted	$ 0	$ 0
Weighted average number of common shares outstanding – basic and diluted	84,444,375	49,329,670
Comprehensive loss:
Net loss	$ (390,552)	$ (9,615)
Translation adjustments		7,942
Comprehensive loss	(390,552)	(1,673)
Comprehensive income attributable to non-controlling interest		(27,107)
Comprehensive loss attributable to REGI U.S., Inc.	$ (390,552)	$ (28,780)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2017	Jul. 31, 2016
Cash flows from operating activities
Net loss	$ (390,552)	$ (9,615)
Adjustments to reconcile loss to net cash used in operating activities:
Amortization of debt discount	13,137
Depreciation expense	1,198
Shares issued for services	59,500
Service settled with promissory notes	37,986
Service settled with promissory notes – related party	37,500
Changes in non-cash working capital items:
Taxes receivable		(26)
Prepaid expenses	(28,540)
Accounts payable and accrued liabilities	42,631	(23,404)
Due to related parties	28,054	25,201
Net cash used operating activities	(199,086)	(7,844)
Cash flows from investing activities
Purchase of research equipment	(2,192)
Net cash used in investing activities	(2,192)
Cash flows from financing activities
Issuance of common shares for option exercise	15,500
Issuance of convertible promissory notes	370,000
Net cash provided by financing activities	385,500
Foreign exchange effect		7,942
Increase in cash	184,222	98
Cash and cash equivalents, beginning	67,818	43
Cash and cash equivalents, ending	252,040	141
Non-cash items
Discount on convertible promissory notes for beneficial conversion features	344,284
Shares issued for note conversion	15,982
Supplemental Disclosures
Interest paid
Income taxes paid

Nature of Business

Nature of Business	3 Months Ended
	Jul. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	1. Nature of Business REGI U.S., Inc. (“we”, “our”, the “Company”, “REGI”) has been engaged in the business of developing and building improved axial vane-type rotary devices for civilian, commercial and government applications with the marketing and intellectual rights in the U.S. Effective February 17, 2017 REGI purchased the worldwide marketing and intellectual rights, other than in the U.S., from Reg Technologies, Inc. (“Reg Tech”), a British Columbia company. No revenue has been derived to date and REGI’s planned principal operations have not commenced. REGI formed a wholly-owned subsidiary, Rad Max Technologies, Inc., on April 10, 2007 in the State of Washington. Effective February 17, 2017 REGI purchased all of Reg Tech’s assets including all rights to the technology with the issuance of 51,757,119 shares of REGI’s common stock. Asset Purchase Agreement On September 16, 2016, REGI entered into an asset purchase agreement (the “APA”) with Reg Tech, a public company whose common stock was listed on TSX Venture Exchange to purchase all of the assets of Reg Tech, a company with a common director and CEO with REGI with the issuance of 46,173,916 unregistered common shares of our Company. The APA was amended on February 14, 2017 to increase the consideration shares to an aggregate of 51,757,119 unregistered common shares of our Company and to amend the list of the assets purchased. The shares are issued as of the date of this report. The Amended APA is attached as an exhibit to this report. The transaction was closed on February 17, 2017 upon TSX Venture Exchange approval. The transaction is accounted for as a reverse merger recapitalization wherein Reg Tech is considered to be the accounting acquirer. The prior year results of operations and cash flows are those of Reg Tech for all periods presented. Upon closing of the asset purchase agreement, all assets of Reg Tech except GST receivable were transferred from Reg Tech to REGI. In addition, upon closing of the APA, all assets, liabilities, and equity instruments of REGI were incorporated into the surviving company. The net adjustment to additional paid in capital for the asset purchase was a decrease of $1,243,757. The net cash received from the reverse merger was $10,753. The following table summarizes the assets and liabilities of REGI U.S. on February 17, 2017: Cash $ 10,753 Prepaid 2,000 Furniture and equipment, net 15,477 Accounts payable and accrued liabilities (217,043 ) Due to related parties (843,703 ) Convertible promissory notes (351,586 ) Convertible promissory notes – related parties (118,874 ) Net assets $ (1,502,976 ) The following table summarizes the assets and liabilities of Reg Tech on February 17, 2017 that were not assumed in the transaction: Accounts payable and accrued liabilities $ (86,736 ) Due to related parties (172,483 ) Net Liabilities $ (259,219 )

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Jul. 31, 2017
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Principles of consolidation The accompanying unaudited interim consolidated financial statements of REGI have been prepared in accordance with accounting principles generally accepted in the United States of America, and should be read in conjunction with the audited financial statements and notes thereto for the year ended April 30, 2017 filed on Form 10-K with the SEC. In the opinion of management, the accompanying unaudited interim consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial position and the results of operations for the interim period presented herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year or for any future period. Notes to the unaudited consolidated financial statements which would substantially duplicate the disclosures contained in the audited consolidated financial statements for fiscal 2017 as reported in the Form 10-K, have been omitted. These financial statements include the accounts of the Company, its wholly owned subsidiary RadMax Technologies, Inc., and its 51% owned subsidiary Rand Energy Group Inc. (“Rand”), which ownership was purchased from Reg Tech effective February 17, 2017. All significant inter-company balances and transactions have been eliminated upon consolidation. Investment in associates Investments in which the Company has the ability to exert significant influence but does not have control are accounted for using the equity method whereby the original cost of the investment is adjusted annually for the Company’s share of earnings, losses and dividends during the current year. As part of the APA the Company purchased from Reg Tech and owns 26.1% of equity interest in Minewest Silver and Gold Inc. (“Minewest”), a British Columbia company. Minewest owns a 70% interest subject to a 10% Net Profits Interest in mining property in British Columbia. As at the date of the asset purchase and the date of this report, Minewest is inactive due to lack of funding. As a result, the assets were impaired and no transactions are recorded for Minewest during the year ended April 30, 2017 or the three months ended July 31, 2017. Property and equipment Property and equipment are stated at cost, which includes the acquisition price and any direct costs to bring the asset into use at its intended location, less accumulated amortization. Depreciation of property and equipment is calculated using the straight-line method to write off the cost, net of any estimated residual value, over their estimated useful lives of the assets as follows: Office equipment 5 years and electronic equipment 2 years. Depreciation of office equipment is included in general and administrative expenses; Depreciation of research equipment is included in research and development expense. During the three months ended July, 2017 depreciation of $1,198 was recorded on the research equipment. Recent accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements. The Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Going Concern

Going Concern	3 Months Ended
	Jul. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	3. Going Concern The Company incurred net losses of $390,552 for the three months ended July 31, 2017 and has a working capital deficit of $77,814 and an accumulated deficit of $21,448,722 at July 31, 2017. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. As a result, the Company’s consolidated financial statements as of July 31, 2017 and for the three months ended July 31, 2017 have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company also receives interim support from related parties and plans to raise additional capital through debt and/or equity financings. There is no assurance that any of these activities will be successful. There continues to be insufficient funds to provide enough working capital to fund ongoing operations for the next twelve months.

Secured Convertible Promissory

Secured Convertible Promissory Notes	3 Months Ended
	Jul. 31, 2017
Debt Disclosure [Abstract]
Secured Convertible Promissory Notes	4. Secured Convertible Promissory Notes As of July 31, 2017, REGI has outstanding senior secured convertible promissory notes (the “Convertible Notes”) of $880,254 (net of unamortized discount of $29,432) issued to related parties and $732,921 (net of unamortized discount of $324,548) issued to non-related parties. As of April 30, 2017, REGI has outstanding senior secured convertible promissory notes (the “Convertible Notes”) of $877,449 (net of unamortized discount of $9,888) issued to related parties and $636,539 (net of unamortized discount of $12,944) issued to non-related parties. During the three months ended July 31, 2017, the Company issued convertible notes for cash proceeds of $370,000, service debt provided by non-related parties of $37,986, and service debt provided by related parties of $37,500. The Convertible Notes are secured against all assets of the Company, repayable two years after the issuance, bearing simple interest rate of 10% during the term of the notes and simple interest rate of 20% after the due date. As of July 31, 2017, $755,185, $55,500, $963,970, $60,000 and $132,500 of the promissory notes are convertible at any time on or after ninety days from the issuance date into the Company’s common stocks at $0.755, $0.12, $0.10, $0.09 and $0.08 per share respectively. The Company analyzed the conversion option in the notes for derivative accounting treatment under ASC Topic 815, “Derivatives and Hedging,” and determined that the instrument does not qualify for derivative accounting. The Company determined that the conversion option was subject to a beneficial conversion feature and during the three months ended July 31, 2017 the Company recorded a total beneficial conversion feature of $344,284, and amortization of the beneficial conversion feature of $13,137 as interest expense.

Related Parties

Related Parties	3 Months Ended
	Jul. 31, 2017
Related Party Transactions [Abstract]
Related Parties	5. Related Parties Amounts due to related parties are unsecured, non-interest bearing and due on demand. Related parties consist of the directors and officers and a former director of REGI and companies controlled or significantly influenced by these parties. As of July 31, 2017, there was $105,614 due to related parties. As of April 30, 2017, there was $77,560 due to related parties.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Jul. 31, 2017
Equity [Abstract]
Stockholders' Equity	6. Stockholders’ Equity a) Common Stock On January 6, 2017, the Company’s annual and special meeting of stockholders approved the amendment to the Company’s articles that increased the authorized common shares from 100,000,000 to 150,000,000. During the three months ended July 31, 2017 related party convertible promissory notes of $15,152 and accrued interest of $830 were converted into a total of 159,822 shares of REGI’s common stock at $0.10 per share. During the three months ended July 31, 2017 the Company issued 155,000 shares of its common stock for options exercised at $0.10 per share. Among the 155,000 shares of common stock, 55,000 shares were issued to a related party. During the three months ended July 31, 2017 the Company issued 350,000 shares of its common stock for services provided by the directors, officers and consultants of the Company with the total value recorded at $59,500 based on the market trading price of the issuance date. Treasury Shares At July 31, 2017 and April 30, 2017, Rand Energy owned 827,731 shares of the Company’s common stock which have been deducted from the total shares outstanding. b) Common Stock Options and Warrants On August 12, 2016, REGI granted an aggregate of 3,700,000 common stock options for services. These options vest upon grant, expire on July 20, 2021 and are exercisable at the following prices: Options Exercise price 900,000 $ 0.10 600,000 $ 0.20 550,000 $ 0.35 450,000 $ 0.50 350,000 $ 0.75 350,000 $ 1.00 250,000 $ 1.25 250,000 $ 1.50 3,700,000 On January 1, 2017, REGI granted an aggregate of 3,500,000 common stock options for services. These options vest upon grant, expire on January 1, 2022 and are exercisable at the following prices: Options Exercise price 2,500,000 $ 0.10 300,000 $ 0.20 300,000 $ 0.35 300,000 $ 0.50 100,000 $ 0.75 3,500,000 A summary of REGI’s stock option activities for the three months ended July 31, 2017 and the year ended April 30, 2017 are as follows: Three Months Ended Year Ended July 31, 2017 April 30, 2017 Weighted Weighted Average Average Exercise Exercise Options Price Options Price Outstanding at beginning of period 9,138,000 $ 0.31 1,938,000 $ 0.15 Granted - - 7,200,000 0.36 Exercised (155,000) 0.10 - - Expired (803,000) 0.10 - - Outstanding at end of period 8,180,000 0.35 9,138,000 0.31 Exercisable at end of period 7,445,000 $ 0.35 7,684,500 $ 0.34 The weighted average remaining contractual life of the options was 3.77 and 3.61 years at July 31, 2017 and April 30, 2017 respectively. At July 31, 2017 and April 30, 2017, the Company had $Nil and $28,740 of total unrecognized compensation cost related to non-vested stock options and warrants, respectively. The intrinsic value of “in the money” exercisable options at July 31, 2017 and April 30, 2017 was $255,000 and $145,580, respectively.

Commitments

Commitments	3 Months Ended
	Jul. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments	7. Commitments Pursuant to a letter of understanding dated December 13, 1993 between REGI, Rand and Reg (collectively called the grantors) and West Virginia University Research Corporation (“WVURC”), the grantors have agreed that WVURC shall own 5% of all patented technology with regards to RC/DC Engine technology and will receive 5% of all net profits from sales, licenses, royalties or income derived from the patented technology. To date, no sales have been accrued and no royalties have been accrued or paid. Pursuant to an agreement dated August 20, 1992, REGI acquired the U.S. rights to the original RC/DC Engine from Rand. REGI will pay Rand and the original owner a net profit royalty of 5% and 1%, respectively. To date no sales have been accrued and no royalties have been accrued or paid.

Subsequent Events

Subsequent Events	3 Months Ended
	Jul. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	8. Subsequent Events Subsequent to July 31, 2017, convertible loans of $512,366 were issued. The convertible notes are secured against all assets of the Company, repayable two years after the issuance, bearing simple interest rate of 10% during the term of the notes and simple interest rate of 20% after the due date. The promissory notes are convertible at any time on or after ninety days from the issuance date into the Company’s common stocks at $0.10 per share. Subsequent to July 31, 2017, 55,892 and 243,501 shares of the Company’s common stock were issued for convertible promissory notes at $0.08 and $0.10 per share, respectively, and $8,652 was repaid for convertible loan redemption. On November 2, 2017 the Company issued 3,172,269 shares of its common stock to Rand Energy. These shares together with the 827,721 shares of common stock initially owned by Rand Energy and recorded as the Company’s treasury shares, were transferred to the 49% shareholders of Rand Energy, as consideration for purchase of all of their 49% interest in Rand Energy, resulting in the Company owing 100% equity interest of Rand Energy.

Significant Accounting Polici14

Significant Accounting Policies (Policies)	3 Months Ended
	Jul. 31, 2017
Accounting Policies [Abstract]
Principles of Consolidation	Principles of consolidation The accompanying unaudited interim consolidated financial statements of REGI have been prepared in accordance with accounting principles generally accepted in the United States of America, and should be read in conjunction with the audited financial statements and notes thereto for the year ended April 30, 2017 filed on Form 10-K with the SEC. In the opinion of management, the accompanying unaudited interim consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial position and the results of operations for the interim period presented herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year or for any future period. Notes to the unaudited consolidated financial statements which would substantially duplicate the disclosures contained in the audited consolidated financial statements for fiscal 2017 as reported in the Form 10-K, have been omitted. These financial statements include the accounts of the Company, its wholly owned subsidiary RadMax Technologies, Inc., and its 51% owned subsidiary Rand Energy Group Inc. (“Rand”), which ownership was purchased from Reg Tech effective February 17, 2017. All significant inter-company balances and transactions have been eliminated upon consolidation.
Investment in Associates	Investment in associates Investments in which the Company has the ability to exert significant influence but does not have control are accounted for using the equity method whereby the original cost of the investment is adjusted annually for the Company’s share of earnings, losses and dividends during the current year. As part of the APA the Company purchased from Reg Tech and owns 26.1% of equity interest in Minewest Silver and Gold Inc. (“Minewest”), a British Columbia company. Minewest owns a 70% interest subject to a 10% Net Profits Interest in mining property in British Columbia. As at the date of the asset purchase and the date of this report, Minewest is inactive due to lack of funding. As a result, the assets were impaired and no transactions are recorded for Minewest during the year ended April 30, 2017 or the three months ended July 31, 2017.
Property and Equipment	Property and equipment Property and equipment are stated at cost, which includes the acquisition price and any direct costs to bring the asset into use at its intended location, less accumulated amortization. Depreciation of property and equipment is calculated using the straight-line method to write off the cost, net of any estimated residual value, over their estimated useful lives of the assets as follows: Office equipment 5 years and electronic equipment 2 years. Depreciation of office equipment is included in general and administrative expenses; Depreciation of research equipment is included in research and development expense. During the three months ended July, 2017 depreciation of $1,198 was recorded on the research equipment.
Recent Accounting Pronouncements	Recent accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements. The Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Nature of Business (Tables)

Nature of Business (Tables)	3 Months Ended
	Jul. 31, 2017
Parent Company [Member]
Schedule of Assets and Liabilities	The following table summarizes the assets and liabilities of REGI U.S. on February 17, 2017: Cash $ 10,753 Prepaid 2,000 Furniture and equipment, net 15,477 Accounts payable and accrued liabilities (217,043 ) Due to related parties (843,703 ) Convertible promissory notes (351,586 ) Convertible promissory notes – related parties (118,874 ) Net assets $ (1,502,976 )
Reg Tech [Member]
Schedule of Assets and Liabilities	The following table summarizes the assets and liabilities of Reg Tech on February 17, 2017 that were not assumed in the transaction: Accounts payable and accrued liabilities $ (86,736 ) Due to related parties (172,483 ) Net Liabilities $ (259,219 )

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Jul. 31, 2017
Summary of Stock Options Activity	A summary of REGI’s stock option activities for the three months ended July 31, 2017 and the year ended April 30, 2017 are as follows: Three Months Ended Year Ended July 31, 2017 April 30, 2017 Weighted Weighted Average Average Exercise Exercise Options Price Options Price Outstanding at beginning of period 9,138,000 $ 0.31 1,938,000 $ 0.15 Granted - - 7,200,000 0.36 Exercised (155,000) 0.10 - - Expired (803,000) 0.10 - - Outstanding at end of period 8,180,000 0.35 9,138,000 0.31 Exercisable at end of period 7,445,000 $ 0.35 7,684,500 $ 0.34
July 20, 2021 [Member]
Schedule of Common Stock Options Exercise Price	Options Exercise price 900,000 $ 0.10 600,000 $ 0.20 550,000 $ 0.35 450,000 $ 0.50 350,000 $ 0.75 350,000 $ 1.00 250,000 $ 1.25 250,000 $ 1.50 3,700,000
January 1, 2022 [Member]
Schedule of Common Stock Options Exercise Price	Options Exercise price 2,500,000 $ 0.10 300,000 $ 0.20 300,000 $ 0.35 300,000 $ 0.50 100,000 $ 0.75 3,500,000

Nature of Business (Details Nar

Nature of Business (Details Narrative) - USD ($)	Feb. 17, 2017	Feb. 14, 2017	Sep. 16, 2016	Jul. 31, 2017
Number of common stock shares issued	51,757,119	51,757,119
Adjustment to additional paid in capital				$ 1,243,757
Cash received from the reverse merger				$ 10,753
Director and CEO [Member]
Number of common stock shares issued			46,173,916

Nature of Business - Schedule o

Nature of Business - Schedule of Assets and Liabilities (Details)	Feb. 17, 2017USD ($)
Parent Company [Member]
Cash	$ 10,753
Prepaid	2,000
Furniture and equipment, net	15,477
Accounts payable and accrued liabilities	(217,043)
Due to related parties	(843,703)
Convertible promissory notes	(351,586)
Convertible promissory notes - related parties	(118,874)
Net assets	(1,502,976)
Reg Tech [Member]
Accounts payable and accrued liabilities	(86,736)
Due to related parties	(172,483)
Net Liabilities	$ (259,219)

Significant Accounting Polici19

Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2017	Jul. 31, 2016
Depreciation	$ 1,198
Office Equipment [Member]
Property, plant and equipment, estimated useful lives	5 years
Electronic Equipment [Member]
Property, plant and equipment, estimated useful lives	2 years
Reg Tech [Member]
Equity method investment, ownership percentage	26.10%
Minewest Silver And Gold Inc. [Member]
Equity method investment, ownership percentage	70.00%
British Columbia Company [Member]
Equity method investment, ownership percentage	10.00%
Rand Energy Group Inc [Member]
Ownership percentage	51.00%

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2017	Jul. 31, 2016	Apr. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 390,552	$ 9,615
Working capital deficit	77,814
Accumulated deficit	$ 21,448,722		$ 21,058,170

Secured Convertible Promissor21

Secured Convertible Promissory Notes (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2017	Jul. 31, 2016	Apr. 30, 2017
Convertible promissory notes - related parties	$ 880,254		$ 877,449
Convertible promissory notes - related parties, unamortized discount	29,432		9,888
Convertible promissory notes	732,921		636,539
Convertible promissory notes, unamortized discount	324,548		12,944
Issuance of convertible promissory notes	370,000
Services debt provided by non-related parties	37,986
Service debt provided by related parties	$ 37,500
Debt maturity period, description	The Convertible Notes are secured against all assets of the Company, repayable two years after the issuance, bearing simple interest rate of 10% during the term of the notes and simple interest rate of 20% after the due date.
Beneficial conversion feature	$ 344,284
Amortization of debt	$ 13,137
Secured Convertible Promissory Notes [Member]
Convertible promissory notes - related parties			877,449
Convertible promissory notes - related parties, unamortized discount			9,888
Convertible promissory notes			636,539
Convertible promissory notes, unamortized discount			$ 12,944
Debt interest rate percentage			10.00%
Secured Convertible Promissory Notes [Member] | After Due Date [Member]
Debt interest rate percentage	20.00%
Promissory Notes One [Member]
Convertible promissory notes	$ 755,185
Convertible price per shares	$ 0.755
Promissory Notes Two [Member]
Convertible promissory notes	$ 55,500
Convertible price per shares	$ 0.12
Promissory Notes Three [Member]
Convertible promissory notes	$ 963,970
Convertible price per shares	$ 0.10
Promissory Notes Four [Member]
Convertible promissory notes	$ 60,000
Convertible price per shares	$ 0.09
Promissory Notes Five [Member]
Convertible promissory notes	$ 132,500
Convertible price per shares	$ 0.08

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)	Jul. 31, 2017	Apr. 30, 2017
Related Party Transactions [Abstract]
Due to related parties	$ 105,614	$ 77,560

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Jan. 02, 2017	Aug. 12, 2016	Jul. 31, 2017	Jul. 31, 2016	Apr. 30, 2017	Jan. 06, 2017
Common stock, shares authorized			150,000,000		150,000,000	100,000,000
Stock issued for exercise of options, shares			155,000
Price per share			$ 0.10
Stock issued for services			$ (59,500)
Stock option granted for services	3,500,000	3,700,000			7,200,000
Stock option expire date	Jan. 1, 2022	Jul. 20, 2021
Weighted average remaining contractual life of outstanding options			3 years 9 months 7 days		3 years 7 months 10 days
Unrecognized compensation cost					$ 28,740
Intrinsic value of exercisable options			$ 255,000		$ 145,580
Rand Energy [Member]
Treasury shares owned			827,731		827,731
Paul Porter [Member]
Stock issued to related party			$ 55,000
Directors, Officers and Consultants [Member]
Stock issued for services, shares			350,000
Stock issued for services			$ 59,500
Related Party Convertible Promissory Note [Member]
Debt conversion converted instrument			$ 15,152
Debt conversion converted instrument, shares			159,822
Debt conversion converted instrument, price per share			$ 0.10
Accrued interest			$ 830
Increased [Member]
Common stock, shares authorized						150,000,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Common Stock Options Exercise Price (Details) - $ / shares	Jan. 02, 2017	Aug. 12, 2016	Jul. 31, 2017	Apr. 30, 2017
Total stock option granted	3,500,000	3,700,000		7,200,000
Stock option exercise price				$ 0.36
Options [Member]
Total stock option granted	2,500,000	900,000
Stock option exercise price	$ 0.10	$ 0.10
Options 1 [Member]
Total stock option granted	300,000	600,000
Stock option exercise price	$ 0.20	$ 0.20
Options 2 [Member]
Total stock option granted	300,000	550,000
Stock option exercise price	$ 0.35	$ 0.35
Options 3 [Member]
Total stock option granted	300,000	450,000
Stock option exercise price	$ 0.50	$ 0.50
Options 4 [Member]
Total stock option granted	100,000	350,000
Stock option exercise price	$ 0.75	$ 0.75
Options 5 [Member]
Total stock option granted		350,000
Stock option exercise price		$ 1
Options 6 [Member]
Total stock option granted		250,000
Stock option exercise price		$ 1.25
Options 7 [Member]
Total stock option granted		250,000
Stock option exercise price		$ 1.50

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Stock Options Activity (Details) - $ / shares	Jan. 02, 2017	Aug. 12, 2016	Jul. 31, 2017	Apr. 30, 2017
Equity [Abstract]
Options, Outstanding at beginning of period			9,138,000	1,938,000
Options, Granted during the period	3,500,000	3,700,000		7,200,000
Options, Exercised during the period			155,000
Options, Expired during the period			(803,000)
Options, Outstanding at end of period			8,180,000	9,138,000
Options, Exercisable at end of period			7,445,000	7,684,500
Weighted Average Exercise Price, Outstanding at beginning of period			$ 0.31	$ 0.15
Weighted Average Exercise Price, Granted during the period				0.36
Weighted Average Exercise Price, Exercised during the period			0.10
Weighted Average Exercise Price, Expired during the period			0.10
Weighted Average Exercise Price, Outstanding at end of period			0.35	0.31
Weighted Average Exercise Price, Exercisable at end of period			$ 0.35	$ 0.34

Commitments (Details Narrative)

Commitments (Details Narrative)	Dec. 13, 1993	Aug. 20, 1992
Percentage of patented technology owned by West Virginia University Research Corporation	5.00%
Percentage of net profits from sales, licenses, royalties or income of patented technology earned by West Virginia University Research Corporation	5.00%
Rand Energy Group Inc [Member]
Payment of royalty on net profit, percentage		5.00%
West Virginia University Research Corporation [Member]
Payment of royalty on net profit, percentage		1.00%

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Nov. 02, 2017	Feb. 17, 2017	Feb. 14, 2017	Jul. 31, 2017	Apr. 30, 2017
Debt maturity period, description				The Convertible Notes are secured against all assets of the Company, repayable two years after the issuance, bearing simple interest rate of 10% during the term of the notes and simple interest rate of 20% after the due date.
Number of shares issued for options exercised, shares				155,000
Shares issued price per share				$ 0.10
Number of stock issued during period, shares		51,757,119	51,757,119
Rand Energy Group Inc [Member]
Ownership percentage				51.00%
Subsequent Event [Member]
Issuance of convertible loan				$ 512,366
Debt maturity period, description				The convertible notes are secured against all assets of the Company, repayable two years after the issuance, bearing simple interest rate of 10% during the term of the notes and simple interest rate of 20% after the due date.
Subsequent Event [Member] | Rand Energy Group Inc [Member]
Number of stock issued during period, shares	3,172,269
Recorded treasury stock	827,721
Equity investment percentage	49.00%
Ownership percentage	100.00%
Subsequent Event [Member] | Promissory Notes One [Member]
Debt instrument interest rate				10.00%
Debt instrument conversion price per share				$ 0.10
Subsequent Event [Member] | Promissory Notes Two [Member]
Debt instrument interest rate				20.00%
Debt instrument conversion price per share				$ 0.10
Subsequent Event [Member] | Convertible Promissory Notes One [Member]
Shares issued price per share				$ 0.08
Number of common stock shares issued for convertible promissory notes				55,892
Subsequent Event [Member] | Convertible Promissory Notes Two [Member]
Shares issued price per share				$ 0.10
Number of common stock shares issued for convertible promissory notes				243,501
Subsequent Event [Member] | Convertible Promissory Notes [Member]
Repayments of convertible loan redemption				$ 8,652