v3.26.1
RELATED PARTY TRANSACTIONS
 12 Months Ended
Apr. 30, 2026
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 7 - RELATED PARTY TRANSACTIONS

 

Related party compensation for the year ended April 30, 2026, and 2025, and shareholding and salary payable as of April 30, 2026, and April 30, 2025, are summarized as below:

 

 

 

 

 

Year Ended April 30, 2026

 

Name

 

Title

 

Wages Expense

 

 

Management/Consulting Fees

 

 

Stock Compensation

 

Brett H. Pojunis

 

CEO and CFO

 

$167,927

 

 

$-

 

 

$23,163

 

Michael Fugler

 

Advisor - Affiliate

 

 

-

 

 

 

60,000

 

 

 

-

 

Dorsey Ladorse Sparks

 

VP - Distro Plus

 

 

-

 

 

 

-

 

 

 

2,850

 

 

 

 

 

$167,927

 

 

$60,000

 

 

$26,013

 

 

 

 

Year Ended April 30, 2025

 

Title

 

Wages

 Expense

 

 

Management/

Consulting

Fees

 

 

Stock

Compensation

 

CEO and CFO

 

$164,838

 

 

$-

 

 

$153,438

 

Advisor - Affiliate

 

 

-

 

 

 

60,000

 

 

 

13,400

 

President - Distro Plus

 

 

-

 

 

 

-

 

 

 

(23,240 )

Operational Manager

 

 

-

 

 

 

-

 

 

 

-

 

VP - Distro Plus

 

 

116,764

 

 

 

-

 

 

 

143,330

 

Director

 

 

-

 

 

 

-

 

 

 

-

 

 

 

$281,602

 

 

$60,000

 

 

$286,928

 

 

 

 

As of April 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

10,125,000

 

 

 

500,000

 

 

 

-

 

 

$16,708

 

 

$29,688

 

Advisor - Affiliate

 

 

6,553,000

 

 

 

500,000

 

 

 

175,000

 

 

 

330,000

 

 

 

-

 

President - Distro Plus

 

 

699,806

 

 

 

-

 

 

 

-

 

 

 

5,000

 

 

 

-

 

Operational Manager

 

 

194,652

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

VP - Distro Plus

 

 

2,575,000

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

6,870

 

Director

 

 

1,893,750

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

22,041,208

 

 

 

1,000,000

 

 

 

175,000

 

 

$351,708

 

 

$36,558

 

 

 

 

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 year ended April 30, 2026, and 2025, the Company issued 25,000 shares and 1,187,500 shares of common stock to the CEO and CFO valued at $1,850 and $145,063, respectively.

 

During the year ended April 30, 2026, and 2025, the Company recorded stock payable of $24,163 and $8,375, respectively. As of April 30, 2026, and 2025, stock payable was $29,688 and $8,375, respectively.

 

During the year ended April 30, 2026, and 2025, the Company incurred management salary expenses of $167,927 and $164,838 to the CEO and CFO, respectively. As of April 30, 2026, and April 30, 2025, salary payable was $16,708 and $13,800, respectively.

 

Advisor – Affiliate

 

During the year ended April 30, 2026, and 2025, the Company issued 0 shares and 100,000 shares of common stock to the affiliated advisor valued at $0 and $13,400, respectively.

 

During the years ended April 30, 2026, and 2025, the Company incurred consulting fees of $60,000 and $60,000 to the affiliated advisor, respectively. As of April 30, 2026, and April 30, 2025, the total amount due to the affiliated advisor was $330,000 and $270,000, respectively.

 

President – Distro Plus

 

 During the year ended April 30, 2025, the Company cancelled the stock payable for 158,333 shares of $23,240.

 

As of April 30, 2026, and April 30, 2025, salary payable was $5,000 and $5,000, respectively.

 

VP – Distro Plus

 

During the year ended April 30, 2025, the Company awarded 1,090,000 shares of common stock to the Vice President of Distro Plus Division valued at $139,310, respectively.

 

During the year ended April 30, 2025, the Company incurred wages to the Vice President of $116,764. As of April 30, 2026, and April 30, 2025, the salary payable was $0 and $8,843, respectively.

 

During the year ended April 30, 2026, the Company recorded stock payable of $2,850 and $6,870 for 30,000 shares and 60,000 shares of common stock, respectively. As of April 30, 2026, and 2025, stock payable was $6,870 and $4,020, respectively.