v3.25.3
RELATED PARTY TRANSACTIONS
 3 Months Ended
Jul. 31, 2025
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 7 - RELATED PARTY TRANSACTIONS

 

Related party compensation for the three months ended July 31, 2025 and 2024, and shareholding and salary payable as of July 31, 2025 and April 30, 2025, are summarized as below:

 

 

 

Three Months Ended July 31, 2025

 

Title

 

Wages Expense

 

 

Management/Consulting Fees

 

 

Stock Compensation

 

CEO and CFO

 

$59,282

 

 

$-

 

 

$5,938

 

Advisor - Affiliate

 

 

-

 

 

 

15,000

 

 

 

-

 

President - Distro Plus

 

 

-

 

 

 

-

 

 

 

-

 

Operational Manager

 

 

-

 

 

 

-

 

 

 

-

 

VP - Distro Plus

 

 

-

 

 

 

-

 

 

 

2,850

 

Director

 

 

-

 

 

 

-

 

 

 

-

 

 

 

$59,282

 

 

$15,000

 

 

$8,788

 

 

 

 

Three Months Ended July 31, 2024

 

Title

 

Wages Expense

 

 

Management/Consulting Fees

 

 

Stock Compensation

 

CEO and CFO

 

$39,557

 

 

$-

 

 

$4,938

 

Advisor - Affiliate

 

 

-

 

 

 

15,000

 

 

 

-

 

President - Distro Plus

 

 

-

 

 

 

-

 

 

 

-

 

Operational Manager

 

 

-

 

 

 

-

 

 

 

-

 

VP - Distro Plus

 

 

28,983

 

 

 

-

 

 

 

2,370

 

Director

 

 

-

 

 

 

-

 

 

 

-

 

 

 

$68,540

 

 

$15,000

 

 

$7,308

 

  

 

 

As of July 31, 2025

 

 

 

 

 

 

Common Stock

 

 

Convertible Series A Preferred

 

 

Series A non-voting redeemable preferred

 

 

Salary/Consulting Fees  

 

 

 

 

Title

 

(Shares)

 

 

(Shares)

 

 

(Shares)

 

 

Payable

 

 

Stock Payable

 

CEO and CFO

 

 

10,100,000

 

 

 

500,000

 

 

 

-

 

 

$11,400

 

 

$14,313

 

Advisor - Affiliate

 

 

6,553,000

 

 

 

500,000

 

 

 

175,000

 

 

 

285,000

 

 

 

-

 

President - Distro Plus

 

 

699,806

 

 

 

-

 

 

 

-

 

 

 

5,000

 

 

 

-

 

Operational Manager

 

 

194,652

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

VP - Distro Plus

 

 

2,575,000

 

 

 

-

 

 

 

-

 

 

 

1,538

 

 

 

6,870

 

Director

 

 

1,893,750

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

22,016,208

 

 

 

1,000,000

 

 

 

175,000

 

 

$302,938

 

 

$21,183

 

 

 

As of April 30, 2025

 

 

 

 

 

 

Common Stock

 

 

Convertible Series A Preferred

 

 

Series A non-voting redeemable preferred

 

 

Salary/Consulting Fees 

 

 

 

 

Title

 

(Shares)

 

 

(Shares)

 

 

(Shares)

 

 

 Payable

 

 

Stock Payable

 

CEO and CFO

 

 

10,100,000

 

 

 

500,000

 

 

 

-

 

 

$13,800

 

 

$8,375

 

Advisor - Affiliate

 

 

6,553,000

 

 

 

500,000

 

 

 

175,000

 

 

 

270,000

 

 

 

-

 

President - Distro Plus

 

 

699,806

 

 

 

-

 

 

 

-

 

 

 

5,000

 

 

 

-

 

Operational Manager

 

 

194,652

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

VP - Distro Plus

 

 

2,575,000

 

 

 

-

 

 

 

-

 

 

 

8,843

 

 

 

4,020

 

Director

 

 

1,893,750

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

22,016,208

 

 

 

1,000,000

 

 

 

175,000

 

 

$297,643

 

 

$12,395

 

 

CEO and CFO

 

During the three months ended July 31, 2024, the Company awarded 62,500 shares of common stock to the CEO and CFO valued at $4,938 recorded as stock payable as of July 31, 2024.

 

During the three months ended July 31, 2025 and 2024, the Company recorded stock payable of $5,938 and $0, respectively.

 

During the three months ended July 31, 2025 and 2024, the Company incurred management salary expenses of $59,282 and $39,557 to the CEO and CFO, respectively. As of July 31, 2025 and April 30, 2025, salary payable was $11,400 and $13,800, respectively.

 

Advisor – Affiliate

 

During the three months ended July 31, 2025 and 2024, the Company incurred consulting fees of $15,000 and $15,000 to the affiliated advisor, respectively. As of July 31, 2025 and April 30, 2025, the total amount due to the affiliated advisor was $285,000 and $270,000, respectively.

 

VP – Distro Plus

 

During the three months ended July 31, 2024, the Company awarded 30,000 shares of common stock to the Vice President of Distro Plus Division valued at $2,370.

 

During the three months ended July 31, 2024, the Company incurred management salary of $28,983 and to the Vice President.

 

During the three months ended July 31, 2025 and 2024, the Company recorded stock payable of $2,850 and $0, respectively.

 

As of July 31, 2025 and April 30, 2025, the salary payable was $6,870 and $4,020, respectively.