Quarterly report pursuant to Section 13 or 15(d)


3 Months Ended
Apr. 30, 2019
Notes to Financial Statements  

On November 1, 2017 the Company issued 7 warrants to officers, directors, and investors for the purchase of up to 3,000,000 shares of common stock at $1.00 per share. The warrants expire on November 1, 2022 at 5:00 PM Eastern Standard Time. The warrants contain participation rights to any registration statement filed by the Company. The Holder shall not be entitled to exercise their Warrant when the number of shares exercised by the Warrant Holder would cause the Holder to exceed 4.99% of the total outstanding common stock.


A summary of warrant activity for three months ended April 30, 2019 is as follows:


    Shares   Price  
Warrants outstanding at April 30, 2018     3,000,000   $ 1.00  
Exercised     -   $ -  
Granted     3,000,000   $ 1.00  
Warrants outstanding at April 30, 2019     3,000,000   $ 1.00