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SUBSEQUENT EVENTS
12 Months Ended
Apr. 30, 2025
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 13 - SUBSEQUENT EVENTS

 

Subsequent to April 30, 2025, and through the date that these financials were issued, the Company had the following subsequent events:

 

On May 22, 2025, the Company signed a new lease moving its Regional Distribution Hub in Lubbock, Texas. This office was located at 512 East 42nd Street Lubbock, Texas 79404 and is now located at 6707 Yonkers Ave Lubbock, Texas. This office is approximately 4,096 square feet and is currently leased for a term ending August 22, 2028at a cost of $4,500 per month.

 

On May 30, 2025, the Company entered into a Security Purchase Agreement with an investor pursuant to which the Company issued a $110,000 Promissory Note for a purchase price of $100,000, convertible at 25% of the average of the five (5) lowest Daily VWAP over the ten (10) consecutive VWAP Trading Days immediately preceding the date on which the Market Price is being determined, the Holder elects to convert all or part of the note in the event of default. The note matures July 30, 2026, and accrues interest at 10%.

 

On July 10, 2025, the Company entered into a Security Purchase Agreement with an investor pursuant to which the Company issued a $165,000 Promissory Note for a purchase price of $150,000 convertible at 75% of the average of the five (5) lowest Daily VWAP over the ten (10) consecutive VWAP Trading Days immediately preceding the date on which the Market Price is being determined, the Holder elects to convert all or part of the note in the event of default. The note matures on July 10, 2026, and accrues interest at 10%.

 

On July 30, 2025, the Company entered into a Security Purchase Agreement with an investor pursuant to which the Company issued a $110,000 Promissory Note for a purchase price of $100,000, convertible at 25% of the average of the five (5) lowest Daily VWAP over the ten (10) consecutive VWAP Trading Days immediately preceding the date on which the Market Price is being determined, the Holder elects to convert all or part of the note in the event of default. The note matures November 30, 2026, and accrues interest at 10%.

 

On August 15, 2025, the Company entered into a Security Purchase Agreement with an investor pursuant to which the Company issued a $110,000 Promissory Note for a purchase price of $100,000, convertible at 25% of the average of the five (5) lowest Daily VWAP over the ten (10) consecutive VWAP Trading Days immediately preceding the date on which the Market Price is being determined, the Holder elects to convert all or part of the note in the event of default. The note matures August 15, 2026, and accrues interest at 10%.

 

From May 1, 2025 through September 8, 2025, the Company issued 538,500 shares of common stock as loan inducements for promissory notes, including 76,000 shares accrued as stock payable as of April 30, 2025.

 

From May 1, 2025 through September 8, 2025, the Company issued 1,859,429 shares of common stock for term extension of promissory notes, including 1,859,429 shares accrued as stock payable as of April 30, 2025.

 

From May 1, 2025 through September 8, 2025, the Company issued 2,827,959 shares of common stock for the conversion of convertible notes of $282,796.

 

From May 1, 2025 through September 8, 2025, the Company issued 2,385,000 shares of common stock to non-affiliated consultants at $314,713 for services, including 2,000,000 shares accrued as stock payable as of April 30, 2025.,

 

From May 1, 2025 through September 8, 2025, the Company issued 600,000 shares of common stock for repayment of promissory notes.