v3.26.1
Note 3 - Earnings Per Share
12 Months Ended
Apr. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 3 EARNINGS PER SHARE

 

The outstanding securities at  April 30, 2026 and 2025 that could have a dilutive effect are as follows:

 

  

April 30, 2026

  

April 30, 2025

 

Stock options

  -   2,500,000 

Convertible promissory notes and accrued interest, related parties

  -   31,681,653 

Warrants

  45,973,125   2,000,000 
         

TOTAL POSSIBLE DILUTIVE SHARES

  45,973,125   36,181,653 

 

For the years ended April 30, 2026 and 2025, respectively, the effect of the Company’s outstanding stock options, warrants and convertible promissory notes, related parties and associated accrued interest would have been anti-dilutive and are excluded in the calculation of diluted EPS.