SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Aqua Power Systems Inc. – ‘10-KT’ for 3/31/14 – ‘EX-101.INS’

On:  Monday, 7/14/14, at 3:41pm ET   ·   For:  3/31/14   ·   Accession #:  1144204-14-42813   ·   File #:  333-183272

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/14/14  Aqua Power Systems Inc.           10-KT       3/31/14   50:2.7M                                   Toppan Merrill/FA

Annual-Transition Report   —   Form 10-K   —   Rule 13a-10 / 15d-10
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-KT       Annual-Transition Report                            HTML    334K 
 2: EX-21.1     Subsidiaries List                                   HTML     15K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     22K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     17K 
32: R1          Document and Entity Information                     HTML     47K 
23: R2          Consolidated Balance Sheets                         HTML     80K 
30: R3          Consolidated Balance Sheets (Parenthetical)         HTML     41K 
34: R4          Consolidated Statements of Operations               HTML     62K 
46: R5          Consolidated Statements of Stockholders' Equity     HTML     52K 
                (Deficiency)                                                     
24: R6          Consolidated Statements of Stockholders' Equity     HTML     18K 
                (Deficiency) (Parenthetical)                                     
29: R7          Consolidated Statements of Cash Flows               HTML     85K 
21: R8          Summary of Significant Accounting Policies and      HTML     56K 
                Organization                                                     
15: R9          Accounts Receivable                                 HTML     23K 
47: R10         Equipment                                           HTML     25K 
36: R11         Note Receivable                                     HTML     22K 
35: R12         Note Payable                                        HTML     21K 
40: R13         Stockholders' Equity                                HTML     31K 
41: R14         Commitments                                         HTML     25K 
39: R15         Related Party Transactions                          HTML     24K 
42: R16         Other Income                                        HTML     21K 
31: R17         Going Concern                                       HTML     19K 
33: R18         Subsequent Events                                   HTML     21K 
38: R19         Summary of Significant Accounting Policies and      HTML     89K 
                Organization (Policies)                                          
50: R20         Summary of Significant Accounting Policies and      HTML     40K 
                Organization (Tables)                                            
44: R21         Accounts Receivable (Tables)                        HTML     23K 
26: R22         Equipment (Tables)                                  HTML     23K 
37: R23         Summary of Significant Accounting Policies and      HTML     30K 
                Organization (Narrative) (Details)                               
28: R24         Summary of Significant Accounting Policies and      HTML     43K 
                Organization (Schedule of Deferred Tax Liability)                
                (Details)                                                        
14: R25         Summary of Significant Accounting Policies and      HTML     44K 
                Organization (Schedule of Income Tax Expense)                    
                (Details)                                                        
45: R26         Summary of Significant Accounting Policies and      HTML     35K 
                Organization (Schedule of Income Tax Rate                        
                Reconciliation) (Details)                                        
48: R27         Accounts Receivable (Details)                       HTML     24K 
18: R28         Equipment (Details)                                 HTML     32K 
17: R29         Note Receivable (Details)                           HTML     18K 
19: R30         Note Payable (Details)                              HTML     22K 
20: R31         Stockholders' Equity (Details)                      HTML     55K 
22: R32         Commitments (Details)                               HTML     29K 
12: R33         Related Party Transactions (Details)                HTML     27K 
43: R34         Other Income (Details)                              HTML     27K 
25: R35         Going Concern (Details)                             HTML     25K 
27: R36         Subsequent Event (Details)                          HTML     26K 
49: XML         IDEA XML File -- Filing Summary                      XML     71K 
11: EXCEL       IDEA Workbook of Financial Reports                  XLSX     72K 
16: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS    247K 
 5: EX-101.INS  XBRL Instance -- ncso-20140331                       XML    519K 
 7: EX-101.CAL  XBRL Calculations -- ncso-20140331_cal               XML    110K 
 8: EX-101.DEF  XBRL Definitions -- ncso-20140331_def                XML    193K 
 9: EX-101.LAB  XBRL Labels -- ncso-20140331_lab                     XML    815K 
10: EX-101.PRE  XBRL Presentations -- ncso-20140331_pre              XML    420K 
 6: EX-101.SCH  XBRL Schema -- ncso-20140331                         XSD     91K 
13: ZIP         XBRL Zipped Folder -- 0001144204-14-042813-xbrl      Zip     70K 


‘EX-101.INS’   —   XBRL Instance — ncso-20140331


This Exhibit is an XBRL XML File.


                                                                                                                                                                                
<?xml version="1.0" standalone="no" encoding="windows-1252"?>
<!-- Created by Vintage Filings ("VF") -->
<!-- produced on 2014-07-14 @ 12:52 PM -->
<xbrl xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ncso="http://www.ncsolar.com/20140331" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xhtml="http://www.w3.org/1999/xhtml" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:dei="http://xbrl.sec.gov/dei/2014-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2014-01-31" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns="http://www.xbrl.org/2003/instance">
<link:schemaRef xlink:type="simple" xlink:href="ncso-20140331.xsd"/>
<dei:AmendmentFlag id="AmendmentFlag.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> false </dei:AmendmentFlag>
<dei:CurrentFiscalYearEndDate id="CurrentFiscalYearEndDate.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> --03-31 </dei:CurrentFiscalYearEndDate>
<dei:DocumentFiscalPeriodFocus id="DocumentFiscalPeriodFocus.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> FY </dei:DocumentFiscalPeriodFocus>
<dei:DocumentFiscalYearFocus id="DocumentFiscalYearFocus.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> 2014 </dei:DocumentFiscalYearFocus>
<dei:DocumentPeriodEndDate id="DocumentPeriodEndDate.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> 2014-03-31 </dei:DocumentPeriodEndDate>
<dei:DocumentType id="DocumentType.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> 10-KT </dei:DocumentType>
<dei:EntityCentralIndexKey id="EntityCentralIndexKey.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> 0001553264 </dei:EntityCentralIndexKey>
<dei:EntityCommonStockSharesOutstanding id="EntityCommonStockSharesOutstanding.310.0.0.0.0.0.0" contextRef="as-of-2014-07-14.310.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </dei:EntityCommonStockSharesOutstanding>
<dei:EntityCurrentReportingStatus id="EntityCurrentReportingStatus.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> Yes </dei:EntityCurrentReportingStatus>
<dei:EntityFilerCategory id="EntityFilerCategory.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> Smaller Reporting Company </dei:EntityFilerCategory>
<dei:EntityPublicFloat id="EntityPublicFloat.311.0.0.0.0.0.0" contextRef="as-of-2013-09-30.311.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 0 </dei:EntityPublicFloat>
<dei:EntityRegistrantName id="EntityRegistrantName.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> NC SOLAR INC </dei:EntityRegistrantName>
<dei:EntityVoluntaryFilers id="EntityVoluntaryFilers.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> Yes </dei:EntityVoluntaryFilers>
<dei:EntityWellKnownSeasonedIssuer id="EntityWellKnownSeasonedIssuer.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> No </dei:EntityWellKnownSeasonedIssuer>
<dei:TradingSymbol id="TradingSymbol.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> ncso </dei:TradingSymbol>
<ncso:AgreementExpirationTerm id="AgreementExpirationTerm.282.22499.22488.0.0.0.0" contextRef="from-2011-02-01-to-2011-02-03.282.0.22499.22488.0.0.0.0"> P5Y </ncso:AgreementExpirationTerm>
<ncso:CashCollectedOnSubscriptionReceivable id="CashCollectedOnSubscriptionReceivable.277.0.0.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 450 </ncso:CashCollectedOnSubscriptionReceivable>
<ncso:CashCollectedOnSubscriptionReceivable id="CashCollectedOnSubscriptionReceivable.277.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<ncso:CashCollectedOnSubscriptionReceivable id="CashCollectedOnSubscriptionReceivable.277.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<ncso:CashCollectedOnSubscriptionReceivable id="CashCollectedOnSubscriptionReceivable.277.499.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<ncso:CashCollectedOnSubscriptionReceivable id="CashCollectedOnSubscriptionReceivable.277.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<ncso:CashCollectedOnSubscriptionReceivable id="CashCollectedOnSubscriptionReceivable.277.22502.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.22502.5114.0.0.0.0" unitRef="USD" decimals="0"> 450 </ncso:CashCollectedOnSubscriptionReceivable>
<ncso:CommonStockOfferingCosts id="CommonStockOfferingCosts.277.1115.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 11825 </ncso:CommonStockOfferingCosts>
<ncso:GoingConcernTextBlock id="GoingConcernTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0in; TEXT-ALIGN: justify"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 0.75in"> <strong><u>NOTE 10</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-ALIGN: justify; TEXT-DECORATION: underline"> <strong><u>GOING CONCERN</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> As reflected in the accompanying financial statements, the Company is in the development stage with no operations, used cash since inception of $146,113 and has a net loss since inception of $382,198. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern.</p> <!--EndFragment--></div> </div>
</ncso:GoingConcernTextBlock>
<ncso:InKindContributionOfServices id="InKindContributionOfServices.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 19066 </ncso:InKindContributionOfServices>
<ncso:InKindContributionOfServices id="InKindContributionOfServices.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 19066 </ncso:InKindContributionOfServices>
<ncso:InKindContributionOfServices id="InKindContributionOfServices.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 20800 </ncso:InKindContributionOfServices>
<ncso:InKindContributionOfServices id="InKindContributionOfServices.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 68666 </ncso:InKindContributionOfServices>
<ncso:InKindContributionOfServices id="InKindContributionOfServices.252.5161.5163.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.5161.5163.0.0.0.0" unitRef="USD" decimals="0"> 14918 </ncso:InKindContributionOfServices>
<ncso:KilowattsOfEnergyAgreesToDeliverOnPeakPeriods id="KilowattsOfEnergyAgreesToDeliverOnPeakPeriods.280.22487.22488.0.0.0.0" contextRef="as-of-2011-02-14.280.0.22487.22488.0.0.0.0" unitRef="pure" decimals="0"> 9 </ncso:KilowattsOfEnergyAgreesToDeliverOnPeakPeriods>
<ncso:KilowattsOfEnergyAgreesToProvidesPremiumPerYear id="KilowattsOfEnergyAgreesToProvidesPremiumPerYear.281.22499.22488.0.0.0.0" contextRef="as-of-2011-02-03.281.0.22499.22488.0.0.0.0" unitRef="pure" decimals="0"> 14309 </ncso:KilowattsOfEnergyAgreesToProvidesPremiumPerYear>
<ncso:MonthlyPaymentsForConsultingAgreement id="MonthlyPaymentsForConsultingAgreement.278.0.0.0.0.0.0" contextRef="as-of-2011-08-01.278.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 5000 </ncso:MonthlyPaymentsForConsultingAgreement>
<ncso:MonthToMonthCurrentLeaseRate id="MonthToMonthCurrentLeaseRate.279.0.0.0.0.0.0" contextRef="from-2011-08-02-to-2011-08-11.279.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 2 </ncso:MonthToMonthCurrentLeaseRate>
<ncso:PremiumForEnergyGeneratedAndSuppliedToElectricGrid id="PremiumForEnergyGeneratedAndSuppliedToElectricGrid.281.22499.22488.0.0.0.0" contextRef="as-of-2011-02-03.281.0.22499.22488.0.0.0.0" unitRef="pure" decimals="2"> 0.15 </ncso:PremiumForEnergyGeneratedAndSuppliedToElectricGrid>
<us-gaap:AccountsPayableOtherCurrent id="AccountsPayableOtherCurrent.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:AccountsPayableOtherCurrent>
<us-gaap:AccountsPayableOtherCurrent id="AccountsPayableOtherCurrent.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AccountsPayableRelatedPartiesCurrent id="AccountsPayableRelatedPartiesCurrent.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 87948 </us-gaap:AccountsPayableRelatedPartiesCurrent>
<us-gaap:AccountsPayableRelatedPartiesCurrent id="AccountsPayableRelatedPartiesCurrent.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 18702 </us-gaap:AccountsPayableRelatedPartiesCurrent>
<us-gaap:AccountsReceivableGrossCurrent id="AccountsReceivableGrossCurrent.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 361 </us-gaap:AccountsReceivableGrossCurrent>
<us-gaap:AccountsReceivableGrossCurrent id="AccountsReceivableGrossCurrent.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 513 </us-gaap:AccountsReceivableGrossCurrent>
<us-gaap:AccountsReceivableNetCurrent id="AccountsReceivableNetCurrent.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 361 </us-gaap:AccountsReceivableNetCurrent>
<us-gaap:AccountsReceivableNetCurrent id="AccountsReceivableNetCurrent.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 513 </us-gaap:AccountsReceivableNetCurrent>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment id="AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 25610 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment id="AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 62318 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AdditionalPaidInCapitalCommonStock id="AdditionalPaidInCapitalCommonStock.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 274659 </us-gaap:AdditionalPaidInCapitalCommonStock>
<us-gaap:AdditionalPaidInCapitalCommonStock id="AdditionalPaidInCapitalCommonStock.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 255330 </us-gaap:AdditionalPaidInCapitalCommonStock>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.252.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.264.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.276.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.277.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.252.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.264.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.276.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.277.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.252.499.5114.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 19066 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.264.499.5114.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 20800 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.276.499.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.277.499.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 20800 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.252.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.264.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.276.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.277.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.252.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.264.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.276.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.277.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 19066 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 20800 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.276.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalOther id="AdjustmentsToAdditionalPaidInCapitalOther.277.0.0.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 20800 </us-gaap:AdjustmentsToAdditionalPaidInCapitalOther>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.264.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.277.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.264.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.277.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.264.499.5114.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> -1825 </us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.277.499.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> -10000 </us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.264.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.277.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.264.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.277.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -1825 </us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts>
<us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts id="AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts.277.0.0.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -10000 </us-gaap:AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts>
<us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent id="AllowanceForDoubtfulAccountsReceivableCurrent.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent id="AllowanceForDoubtfulAccountsReceivableCurrent.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:AllowanceForNotesAndLoansReceivableCurrent id="AllowanceForNotesAndLoansReceivableCurrent.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:AllowanceForNotesAndLoansReceivableCurrent>
<us-gaap:AllowanceForNotesAndLoansReceivableCurrent id="AllowanceForNotesAndLoansReceivableCurrent.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:AllowanceForNotesAndLoansReceivableCurrent>
<us-gaap:Assets id="Assets.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 521 </us-gaap:Assets>
<us-gaap:Assets id="Assets.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 3785 </us-gaap:Assets>
<us-gaap:AssetsCurrent id="AssetsCurrent.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 521 </us-gaap:AssetsCurrent>
<us-gaap:AssetsCurrent id="AssetsCurrent.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 3785 </us-gaap:AssetsCurrent>
<us-gaap:BasisOfAccountingPolicyPolicyTextBlock id="BasisOfAccountingPolicyPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Organization</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> NC Solar, Inc. (a development stage company) (the "Company") was incorporated under the laws of the State of Nevada on December 9, 2010. NC Solar, Inc. was incorporated in Nevada in 2010 to develop solar energy collection farms on commercial and/or industrial buildings located on distressed, blighted and/or underutilized commercial land in North Carolina and other southern states of the U.S. Renewable energy collected by these farms of solar collection panel systems will be sold directly to local utility companies for resale to their customers.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Stoneville Solar, LLC. (a development stage company) was incorporated under the laws of the State of North Carolina on December 14, 2010.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Activities during the development stage include developing the business plan and raising capital.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On June 6, 2014, the Board of Directors of the Company (the "Board") approved a change in the Company's fiscal year end from April 30 to March 31.</p> <!--EndFragment--></div> </div>
</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
<us-gaap:CashAndCashEquivalentsAtCarryingValue id="CashAndCashEquivalentsAtCarryingValue.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 160 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue id="CashAndCashEquivalentsAtCarryingValue.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 3272 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue id="CashAndCashEquivalentsAtCarryingValue.266.0.0.0.0.0.0" contextRef="as-of-2013-03-31.266.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 7271 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue id="CashAndCashEquivalentsAtCarryingValue.267.0.0.0.0.0.0" contextRef="as-of-2012-04-30.267.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 109710 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue id="CashAndCashEquivalentsAtCarryingValue.268.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease id="CashAndCashEquivalentsPeriodIncreaseDecrease.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -3112 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease id="CashAndCashEquivalentsPeriodIncreaseDecrease.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -102439 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease id="CashAndCashEquivalentsPeriodIncreaseDecrease.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -106438 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease id="CashAndCashEquivalentsPeriodIncreaseDecrease.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 160 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:CashAndCashEquivalentsPolicyTextBlock id="CashAndCashEquivalentsPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Cash and Cash Equivalents</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At March 31, 2014 and April 30, 2013, the Company had no cash equivalents.</p> <!--EndFragment--></div> </div>
</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
<us-gaap:CommitmentsAndContingencies id="CommitmentsAndContingencies.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:CommitmentsAndContingencies id="CommitmentsAndContingencies.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:CommitmentsDisclosureTextBlock id="CommitmentsDisclosureTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: left; WIDTH: 0.75in"> <strong><u>NOTE 7</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: justify"> <strong><u>COMMITMENTS</u></strong></td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(A) Consulting Agreements</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On August 1, 2011 the Company entered into a consulting agreement to receive administrative and other miscellaneous services. The Company is required to pay $5,000 a month. The agreement is to remain in effect unless either party desires to cancel the agreement. The agreement was terminated effective June 19, 2014.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(B) Operating Lease Agreements</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On August 11, 2011, the Company executed a one-year non-cancelable operating lease for a place to locate its photovoltaic equipment. The lease began on April 1, 2011 and expired on April 1, 2012. The Company currently leases the location on a month-to-month basis at a rate of $2 per month.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(C) Energy Agreements</u></em></strong></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in"> <strong><em> </em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On February 21, 2011, the Company entered into a service agreement with Duke Energy Carolinas, LLC. Effective, February 14, 2011 the Company agrees to produce and sell to Duke Energy electric power. The term of this agreement is five years, and continuing thereafter until terminated by either party upon giving ninety days written notice of termination. The Company will deliver to Duke Energy throughout the term of the agreement approximately 9 kilowatts of energy during On-Peak periods.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On February 3, 2011, the Company was selected to participate as solar energy supplier to the NC GreenPower program. As a result, NC GreenPower agrees to provide a premium of $0.15 per kWh for energy generated and supplied to the electric grid. NC GreenPower agrees to provide this premium for up to 14,309 kWh per year. This is a five year agreement.</p> <!--EndFragment--></div> </div>
</us-gaap:CommitmentsDisclosureTextBlock>
<us-gaap:CommonStockParOrStatedValuePerShare id="CommonStockParOrStatedValuePerShare.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:CommonStockParOrStatedValuePerShare>
<us-gaap:CommonStockParOrStatedValuePerShare id="CommonStockParOrStatedValuePerShare.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:CommonStockParOrStatedValuePerShare>
<us-gaap:CommonStockSharesAuthorized id="CommonStockSharesAuthorized.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 100000000 </us-gaap:CommonStockSharesAuthorized>
<us-gaap:CommonStockSharesAuthorized id="CommonStockSharesAuthorized.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 100000000 </us-gaap:CommonStockSharesAuthorized>
<us-gaap:CommonStockSharesIssued id="CommonStockSharesIssued.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesIssued id="CommonStockSharesIssued.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesOutstanding id="CommonStockSharesOutstanding.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding id="CommonStockSharesOutstanding.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockShareSubscribedButUnissuedSubscriptionsReceivable id="CommonStockShareSubscribedButUnissuedSubscriptionsReceivable.275.1115.5114.0.0.0.0" contextRef="as-of-2011-04-30.275.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 450 </us-gaap:CommonStockShareSubscribedButUnissuedSubscriptionsReceivable>
<us-gaap:CommonStockValue id="CommonStockValue.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 895 </us-gaap:CommonStockValue>
<us-gaap:CommonStockValue id="CommonStockValue.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 895 </us-gaap:CommonStockValue>
<us-gaap:ConcentrationRiskCreditRisk id="ConcentrationRiskCreditRisk.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Concentration of Credit Risk</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> At March 31, 2014 and April 30, 2013, accounts receivable of $361 and $513, respectively, consisted of two main types of receivables; receivables from a local utility company for energy resale and an energy rebate from the State of North Carolina.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the eleven months ended March 31, 2014, the local utility company accounted for approximately 17% of revenues and 6% of the total outstanding accounts receivable and the energy rebate from the state of North Carolina accounted for 83% of revenue and 94% of total outstanding accounts receivable.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2013, the local utility company accounted for approximately 15% of revenues and 3% of the total outstanding accounts receivable and the energy rebate from the state of North Carolina accounted for 85% of revenue and 97% of total outstanding accounts receivable.</p> <!--EndFragment--></div> </div>
</us-gaap:ConcentrationRiskCreditRisk>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.252.450.1170.22496.3305.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.450.1170.22496.3305.0.0" unitRef="pure" decimals="2"> 0.06 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.264.450.1170.22496.3305.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.450.1170.22496.3305.0.0" unitRef="pure" decimals="2"> 0.03 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.252.4712.1170.22496.3305.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.4712.1170.22496.3305.0.0" unitRef="pure" decimals="2"> 0.17 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.264.4712.1170.22496.3305.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.4712.1170.22496.3305.0.0" unitRef="pure" decimals="2"> 0.15 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.252.450.1170.22501.3305.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.450.1170.22501.3305.0.0" unitRef="pure" decimals="2"> 0.94 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.264.450.1170.22501.3305.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.450.1170.22501.3305.0.0" unitRef="pure" decimals="2"> 0.97 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.252.4712.1170.22501.3305.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.4712.1170.22501.3305.0.0" unitRef="pure" decimals="2"> 0.83 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConcentrationRiskPercentage1 id="ConcentrationRiskPercentage1.264.4712.1170.22501.3305.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.4712.1170.22501.3305.0.0" unitRef="pure" decimals="2"> 0.85 </us-gaap:ConcentrationRiskPercentage1>
<us-gaap:ConsolidationPolicyTextBlock id="ConsolidationPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Principles of Consolidation</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The accompanying 2014 and 2013 consolidated financial statements include the accounts of NC Solar, Inc. and its wholly owned subsidiary, Stoneville Solar, LLC (collectively, the "Company").  All intercompany accounts have been eliminated upon consolidation.</p> <!--EndFragment--></div> </div>
</us-gaap:ConsolidationPolicyTextBlock>
<us-gaap:CurrentFederalTaxExpenseBenefit id="CurrentFederalTaxExpenseBenefit.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:CurrentFederalTaxExpenseBenefit id="CurrentFederalTaxExpenseBenefit.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:CurrentStateAndLocalTaxExpenseBenefit id="CurrentStateAndLocalTaxExpenseBenefit.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:CurrentStateAndLocalTaxExpenseBenefit id="CurrentStateAndLocalTaxExpenseBenefit.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DebtDisclosureTextBlock id="DebtDisclosureTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"> <td style="WIDTH: 0in"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: left; WIDTH: 0.75in"> <strong><u>NOTE 5</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: justify"> <strong><u>NOTE PAYABLE</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> During the eleven months ended March 31, 2014, the Company issued an unsecured promissory note in the amount of $8,000 to an unrelated party. Pursuant to the terms of the note, the note is non-interest bearing and is due on demand. For the eleven months ended March 31, 2014, the Company recorded $263 as an in-kind contribution of interest (see Note 6(D)). Subsequent to March 31, 2014, the note holder forgave the promissory note and the amount was recorded as a gain on settlement of debt.</p> <!--EndFragment--></div> </div>
</us-gaap:DebtDisclosureTextBlock>
<us-gaap:DeferredFederalIncomeTaxExpenseBenefit id="DeferredFederalIncomeTaxExpenseBenefit.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredFederalIncomeTaxExpenseBenefit id="DeferredFederalIncomeTaxExpenseBenefit.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredIncomeTaxLiabilities id="DeferredIncomeTaxLiabilities.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 11217 </us-gaap:DeferredIncomeTaxLiabilities>
<us-gaap:DeferredIncomeTaxLiabilities id="DeferredIncomeTaxLiabilities.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 11217 </us-gaap:DeferredIncomeTaxLiabilities>
<us-gaap:DeferredStateAndLocalIncomeTaxExpenseBenefit id="DeferredStateAndLocalIncomeTaxExpenseBenefit.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredStateAndLocalIncomeTaxExpenseBenefit id="DeferredStateAndLocalIncomeTaxExpenseBenefit.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredTaxAssetsLiabilitiesNet id="DeferredTaxAssetsLiabilitiesNet.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredTaxAssetsLiabilitiesNet id="DeferredTaxAssetsLiabilitiesNet.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredTaxAssetsNet id="DeferredTaxAssetsNet.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredTaxAssetsNet id="DeferredTaxAssetsNet.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards id="DeferredTaxAssetsOperatingLossCarryforwards.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 114640 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards id="DeferredTaxAssetsOperatingLossCarryforwards.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 89730 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
<us-gaap:DeferredTaxAssetsValuationAllowance id="DeferredTaxAssetsValuationAllowance.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 114640 </us-gaap:DeferredTaxAssetsValuationAllowance>
<us-gaap:DeferredTaxAssetsValuationAllowance id="DeferredTaxAssetsValuationAllowance.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 89730 </us-gaap:DeferredTaxAssetsValuationAllowance>
<us-gaap:DeferredTaxLiabilities id="DeferredTaxLiabilities.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:DeferredTaxLiabilities id="DeferredTaxLiabilities.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:Depreciation id="Depreciation.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:Depreciation id="Depreciation.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 9424 </us-gaap:Depreciation>
<us-gaap:Depreciation id="Depreciation.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 12566 </us-gaap:Depreciation>
<us-gaap:Depreciation id="Depreciation.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 25610 </us-gaap:Depreciation>
<us-gaap:EarningsPerShareBasicAndDiluted id="EarningsPerShareBasicAndDiluted.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="2"> -0.01 </us-gaap:EarningsPerShareBasicAndDiluted>
<us-gaap:EarningsPerShareBasicAndDiluted id="EarningsPerShareBasicAndDiluted.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="2"> -0.02 </us-gaap:EarningsPerShareBasicAndDiluted>
<us-gaap:EarningsPerShareBasicAndDiluted id="EarningsPerShareBasicAndDiluted.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="2"> -0.02 </us-gaap:EarningsPerShareBasicAndDiluted>
<us-gaap:EarningsPerSharePolicyTextBlock id="EarningsPerSharePolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Loss Per Share</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, "Earnings Per Share." For the eleven months ended March 31, 2014 and 2013 and for the year ended April 30, 2013, there were no common share equivalents outstanding.</p> <!--EndFragment--></div> </div>
</us-gaap:EarningsPerSharePolicyTextBlock>
<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate id="EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="pure" decimals="2"> 0.34 </us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
<us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes id="EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="pure" decimals="4"> 0.0455 </us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes>
<us-gaap:EquityIssuancePerShareAmount id="EquityIssuancePerShareAmount.276.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.22490.4511.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:EquityIssuancePerShareAmount>
<us-gaap:EquityIssuancePerShareAmount id="EquityIssuancePerShareAmount.283.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2010-12-17.283.0.22490.4511.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:EquityIssuancePerShareAmount>
<us-gaap:EquityIssuancePerShareAmount id="EquityIssuancePerShareAmount.284.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2010-12-20.284.0.22490.4511.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:EquityIssuancePerShareAmount>
<us-gaap:EquityIssuancePerShareAmount id="EquityIssuancePerShareAmount.276.1115.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="USD_per_share" decimals="2"> 0.15 </us-gaap:EquityIssuancePerShareAmount>
<us-gaap:EquityIssuancePerShareAmount id="EquityIssuancePerShareAmount.277.1115.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD_per_share" decimals="2"> 0.15 </us-gaap:EquityIssuancePerShareAmount>
<us-gaap:ExtinguishmentOfDebtGainLossNetOfTax id="ExtinguishmentOfDebtGainLossNetOfTax.252.5161.5163.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.5161.5163.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:ExtinguishmentOfDebtGainLossNetOfTax>
<us-gaap:FederalIncomeTaxExpenseBenefitContinuingOperations id="FederalIncomeTaxExpenseBenefitContinuingOperations.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:FederalIncomeTaxExpenseBenefitContinuingOperations id="FederalIncomeTaxExpenseBenefitContinuingOperations.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:FinancingReceivablesTextBlock id="FinancingReceivablesTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: left; WIDTH: 0.75in"> <strong><u>NOTE 2</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: justify"> <strong><u>ACCOUNTS RECEIVABLE</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> At March 31, 2014 and April 30, 2013, the Company had the following accounts receivable:</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="WIDTH: 62%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Accounts receivable</td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 361</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 513</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Less: Allowance for doubtful accounts</td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Accounts receivable, net</td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 361</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 513</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">   </p> <!--EndFragment--></div> </div>
</us-gaap:FinancingReceivablesTextBlock>
<us-gaap:GeneralAndAdministrativeExpense id="GeneralAndAdministrativeExpense.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 95371 </us-gaap:GeneralAndAdministrativeExpense>
<us-gaap:GeneralAndAdministrativeExpense id="GeneralAndAdministrativeExpense.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 92114 </us-gaap:GeneralAndAdministrativeExpense>
<us-gaap:GeneralAndAdministrativeExpense id="GeneralAndAdministrativeExpense.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 108972 </us-gaap:GeneralAndAdministrativeExpense>
<us-gaap:GeneralAndAdministrativeExpense id="GeneralAndAdministrativeExpense.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 248726 </us-gaap:GeneralAndAdministrativeExpense>
<us-gaap:ImpairmentOfLongLivedAssetsHeldForUse id="ImpairmentOfLongLivedAssetsHeldForUse.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ImpairmentOfLongLivedAssetsHeldForUse id="ImpairmentOfLongLivedAssetsHeldForUse.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ImpairmentOfLongLivedAssetsHeldForUse id="ImpairmentOfLongLivedAssetsHeldForUse.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 36708 </us-gaap:ImpairmentOfLongLivedAssetsHeldForUse>
<us-gaap:ImpairmentOfLongLivedAssetsHeldForUse id="ImpairmentOfLongLivedAssetsHeldForUse.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 36708 </us-gaap:ImpairmentOfLongLivedAssetsHeldForUse>
<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest id="IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -99839 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest id="IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -138600 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest id="IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -191849 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest id="IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -382198 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
<us-gaap:IncomeTaxesPaid id="IncomeTaxesPaid.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxesPaid id="IncomeTaxesPaid.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxesPaid id="IncomeTaxesPaid.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxExpenseBenefit id="IncomeTaxExpenseBenefit.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxExpenseBenefit id="IncomeTaxExpenseBenefit.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxExpenseBenefit id="IncomeTaxExpenseBenefit.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxExpenseBenefit id="IncomeTaxExpenseBenefit.265.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxPolicyTextBlock id="IncomeTaxPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><u>Income Taxes</u></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company accounts for income taxes under FASB Codification Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The net deferred tax liability in the accompanying balance sheets includes the following amounts of deferred tax assets and liabilities:</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">   </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Deferred tax liability:</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left">Deferred tax asset</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; WIDTH: 62%; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Net Operating Loss Carryforward</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%"> </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; TEXT-ALIGN: right"> 114,640</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%"> </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; TEXT-ALIGN: right"> 89,730</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Valuation allowance</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (114,640</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (89,730</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Net deferred tax asset</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Net deferred tax liability</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> </table> <p style="MARGIN: 0px"> </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The valuation allowance was established to reduce the deferred tax asset to the amount that will more likely than not to be realized. This is necessary due to the Company's continued operating losses and the uncertainty of the Company's ability to utilize all of the net operating loss carryforwards before they will expire through the year 2034.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The components of income tax expense related to continuing operations are as follows:</p> <p style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0pt">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr> <td style="TEXT-ALIGN: center"> </td> <td style="TEXT-ALIGN: center"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: center" colspan="2"><strong>March 31, 2014</strong></td> <td style="TEXT-ALIGN: center"> </td> <td style="TEXT-ALIGN: center"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: center" colspan="2"><strong>April 30, 2013</strong></td> <td style="TEXT-ALIGN: center"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 62%"> <strong>Federal</strong></td> <td style="WIDTH: 1%"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 1%"> $</td> <td style="WIDTH: 16%"> </td> <td style="WIDTH: 1%"> </td> <td style="WIDTH: 1%"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 1%"> $</td> <td style="WIDTH: 16%"> </td> <td style="WIDTH: 1%"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Current</td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Deferred</td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td style="PADDING-BOTTOM: 2.5pt"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif"><strong>State and Local</strong></td> <td> </td> <td> </td> <td style="TEXT-ALIGN: right"> </td> <td> </td> <td> </td> <td> </td> <td style="TEXT-ALIGN: right"> </td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Current</td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif">$</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif">$</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Deferred</td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">   </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> As of March 31, 2014 and April 30, 2013, the Company has a net operating loss carry forward of approximately $269,528 and $189,518, respectively, available to offset future taxable income through March 31, 2024. The valuation allowance was established to reduce the deferred tax asset to the amount that will more likely than not be realized. This is necessary due to the Company's continued operating loss and the uncertainty of the Company's ability to utilize all of the net operating loss carryforwards before they will expire through the year 2034.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The net change in the valuation allowance for the eleven months ended March 31, 2014 and for the year ended April 30, 2013 was an increase of $24,910 and $65,940 respectively.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <em> </em></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company's income tax expense differed from the statutory rates (federal 34% and state 4.55%) as follows: </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center">  </td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; WIDTH: 62%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Statutory rate applied to earnings before income taxes:</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (32,363</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (73,965</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left">Increase (decrease) in income taxes resulting from:</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> State income taxes</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Change in deferred tax asset valuation allowance</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right">24,910</td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right">65,940</td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0.125in"> Non-deductible expenses</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 7,454</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8,025</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong>Income Tax Expense</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> <strong>-</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> <strong>-</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong> </strong> </td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The company's federal income tax returns for the eleven months ended March 31, 2014 and for the years ended April 30, 2013 and 2012 remain subject to examination by the Internal Revenue Service through 2019.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <em> </em></p> <!--EndFragment--></div> </div>
</us-gaap:IncomeTaxPolicyTextBlock>
<us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance id="IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 24910 </us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance id="IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 65940 </us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance>
<us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate id="IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -32363 </us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
<us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate id="IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -73965 </us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
<us-gaap:IncomeTaxReconciliationNondeductibleExpense id="IncomeTaxReconciliationNondeductibleExpense.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 7454 </us-gaap:IncomeTaxReconciliationNondeductibleExpense>
<us-gaap:IncomeTaxReconciliationNondeductibleExpense id="IncomeTaxReconciliationNondeductibleExpense.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 8025 </us-gaap:IncomeTaxReconciliationNondeductibleExpense>
<us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes id="IncomeTaxReconciliationStateAndLocalIncomeTaxes.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes id="IncomeTaxReconciliationStateAndLocalIncomeTaxes.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncreaseDecreaseInAccountsPayable id="IncreaseDecreaseInAccountsPayable.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 69246 </us-gaap:IncreaseDecreaseInAccountsPayable>
<us-gaap:IncreaseDecreaseInAccountsPayable id="IncreaseDecreaseInAccountsPayable.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 432 </us-gaap:IncreaseDecreaseInAccountsPayable>
<us-gaap:IncreaseDecreaseInAccountsPayable id="IncreaseDecreaseInAccountsPayable.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6202 </us-gaap:IncreaseDecreaseInAccountsPayable>
<us-gaap:IncreaseDecreaseInAccountsPayable id="IncreaseDecreaseInAccountsPayable.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 87948 </us-gaap:IncreaseDecreaseInAccountsPayable>
<us-gaap:IncreaseDecreaseInAccountsReceivable id="IncreaseDecreaseInAccountsReceivable.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -152 </us-gaap:IncreaseDecreaseInAccountsReceivable>
<us-gaap:IncreaseDecreaseInAccountsReceivable id="IncreaseDecreaseInAccountsReceivable.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -142 </us-gaap:IncreaseDecreaseInAccountsReceivable>
<us-gaap:IncreaseDecreaseInAccountsReceivable id="IncreaseDecreaseInAccountsReceivable.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 257 </us-gaap:IncreaseDecreaseInAccountsReceivable>
<us-gaap:IncreaseDecreaseInAccountsReceivable id="IncreaseDecreaseInAccountsReceivable.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 361 </us-gaap:IncreaseDecreaseInAccountsReceivable>
<us-gaap:IncreaseDecreaseInDeferredLiabilities id="IncreaseDecreaseInDeferredLiabilities.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncreaseDecreaseInDeferredLiabilities id="IncreaseDecreaseInDeferredLiabilities.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 14956 </us-gaap:IncreaseDecreaseInDeferredLiabilities>
<us-gaap:IncreaseDecreaseInDeferredLiabilities id="IncreaseDecreaseInDeferredLiabilities.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 11217 </us-gaap:IncreaseDecreaseInDeferredLiabilities>
<us-gaap:IncreaseDecreaseInDeferredLiabilities id="IncreaseDecreaseInDeferredLiabilities.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 11217 </us-gaap:IncreaseDecreaseInDeferredLiabilities>
<us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent id="IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent id="IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent>
<us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent id="IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent>
<us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent id="IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent>
<us-gaap:InterestAndOtherIncomeTextBlock id="InterestAndOtherIncomeTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0in; TEXT-ALIGN: justify"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 0.75in"> <strong><u>NOTE 9</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-ALIGN: justify; TEXT-DECORATION: underline"> <strong><u>OTHER INCOME</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In June 2012, the Company was awarded a grant in the amount $18,695 under the American Recovery and Reinvestment Act of 2009 for the photovoltaic system placed into service. The grant requires the Company to keep the system in place for 5 years and file annual usage reports. If the Company fails to maintain the system or fails to file the annual report, the grant is refundable to the Internal Revenue Service at a prorated amount over 5 years. The amount was recorded as a deferred Federal grant and will be recognized over 5 years on the anniversary date of the award. As of March 31, 2014, the Company has a deferred Federal grant of $11,217 and has recognized $7,478 of the grant as other income.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On February 4, 2014, a company entered into a non-binding letter of intent to acquire 83.78% of our issued and outstanding shares of common stock and to close the transaction no later than March 14, 2014.  The letter of intent calls for a deposit of $75,000 as a commitment fee.  The initial $50,000 was received on February 4, 2014, upon the execution of the agreement, and $25,000 was received on March 3, 2014.   On April 4, 2014, the Company entered into a settlement and release agreement and agreed not to proceed with the transaction.  The Company returned $50,000 to the purchaser and the remaining $25,000 was recorded as other income by the Company as liquidated damages.</p> <!--EndFragment--></div> </div>
</us-gaap:InterestAndOtherIncomeTextBlock>
<us-gaap:InterestExpense id="InterestExpense.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 263 </us-gaap:InterestExpense>
<us-gaap:InterestExpense id="InterestExpense.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:InterestExpense id="InterestExpense.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:InterestExpense id="InterestExpense.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 263 </us-gaap:InterestExpense>
<us-gaap:InterestPaid id="InterestPaid.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:InterestPaid id="InterestPaid.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:InterestPaid id="InterestPaid.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:LeaseExpirationDate1 id="LeaseExpirationDate1.279.0.0.0.0.0.0" contextRef="from-2011-08-02-to-2011-08-11.279.0.0.0.0.0.0.0"> 2012-04-01 </us-gaap:LeaseExpirationDate1>
<us-gaap:Liabilities id="Liabilities.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 107165 </us-gaap:Liabilities>
<us-gaap:Liabilities id="Liabilities.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 29919 </us-gaap:Liabilities>
<us-gaap:LiabilitiesAndStockholdersEquity id="LiabilitiesAndStockholdersEquity.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 521 </us-gaap:LiabilitiesAndStockholdersEquity>
<us-gaap:LiabilitiesAndStockholdersEquity id="LiabilitiesAndStockholdersEquity.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 3785 </us-gaap:LiabilitiesAndStockholdersEquity>
<us-gaap:LineOfCreditFacilityCommitmentFeeAmount id="LineOfCreditFacilityCommitmentFeeAmount.313.0.0.0.0.0.0" contextRef="from-2014-02-01-to-2014-02-04.313.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 75000 </us-gaap:LineOfCreditFacilityCommitmentFeeAmount>
<us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock id="LoansNotesTradeAndOtherReceivablesDisclosureTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0in"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 0.75in"> <strong><u>NOTE 4</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline"> <strong><u>NOTE RECEIVABLE</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On November 13, 2012, the Company received a promissory note from Alternative Energy and Environmental Solutions, Inc. (the "Borrower") in exchange for $6,034. The note was non-interest bearing and due on demand. During the year ended April 30, 2013 the Company fully reserved the note.</p> <!--EndFragment--></div> </div>
</us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock>
<us-gaap:NetCashProvidedByUsedInFinancingActivities id="NetCashProvidedByUsedInFinancingActivities.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:NetCashProvidedByUsedInFinancingActivities>
<us-gaap:NetCashProvidedByUsedInFinancingActivities id="NetCashProvidedByUsedInFinancingActivities.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -1825 </us-gaap:NetCashProvidedByUsedInFinancingActivities>
<us-gaap:NetCashProvidedByUsedInFinancingActivities id="NetCashProvidedByUsedInFinancingActivities.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -1825 </us-gaap:NetCashProvidedByUsedInFinancingActivities>
<us-gaap:NetCashProvidedByUsedInFinancingActivities id="NetCashProvidedByUsedInFinancingActivities.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 214625 </us-gaap:NetCashProvidedByUsedInFinancingActivities>
<us-gaap:NetCashProvidedByUsedInInvestingActivities id="NetCashProvidedByUsedInInvestingActivities.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetCashProvidedByUsedInInvestingActivities id="NetCashProvidedByUsedInInvestingActivities.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -6034 </us-gaap:NetCashProvidedByUsedInInvestingActivities>
<us-gaap:NetCashProvidedByUsedInInvestingActivities id="NetCashProvidedByUsedInInvestingActivities.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -6034 </us-gaap:NetCashProvidedByUsedInInvestingActivities>
<us-gaap:NetCashProvidedByUsedInInvestingActivities id="NetCashProvidedByUsedInInvestingActivities.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -68352 </us-gaap:NetCashProvidedByUsedInInvestingActivities>
<us-gaap:NetCashProvidedByUsedInOperatingActivities id="NetCashProvidedByUsedInOperatingActivities.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -11112 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:NetCashProvidedByUsedInOperatingActivities id="NetCashProvidedByUsedInOperatingActivities.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -94580 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:NetCashProvidedByUsedInOperatingActivities id="NetCashProvidedByUsedInOperatingActivities.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -98579 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:NetCashProvidedByUsedInOperatingActivities id="NetCashProvidedByUsedInOperatingActivities.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -146113 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -99839 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -138600 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -191849 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -382198 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.276.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -12295 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.277.0.0.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -78215 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.252.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.264.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.276.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.277.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.252.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.264.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.276.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.277.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.252.499.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.264.499.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.276.499.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.277.499.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.252.489.5114.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -99839 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.264.489.5114.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -191849 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.276.489.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -12295 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.277.489.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -78215 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.252.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.264.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.276.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NetIncomeLoss id="NetIncomeLoss.277.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock id="NewAccountingPronouncementsPolicyPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.25in; TEXT-INDENT: 0.5in"> <strong><em><u>Recent Accounting Pronouncements</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in"> <strong><em> </em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In June 2014, FASB issued Accounting Standards Update ("ASU") No. 2014-10, "Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation". The update removes all incremental financial reporting requirements from GAAP for development stage entities, including the removal of Topic 915 from the FASB Accounting Standards Codification. In addition, the update adds an example disclosure in Risks and Uncertainties (Topic 275) to illustrate one way that an entity that has not begun planned principal operations could provide information about the risks and uncertainties related to the company's current activities. Furthermore, the update removes an exception provided to development stage entities in Consolidations (Topic 810) for determining whether an entity is a variable interest entity-which may change the consolidation analysis, consolidation decision, and disclosure requirements for a company that has an interest in a company in the development stage. The update is effective for the annual reporting periods beginning after December 15, 2014, including interim periods within that reporting period. This updated guidance did not have a material impact on our results of operations, cash flows or financial condition.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In June 2014, FASB and IASB jointly issued an exposure draft (ED), Revenue from Contracts with Customers. The ED, released by the FASB as proposed ASU No. 2014-09, "Revenue from Contracts with Customers". The update gives entities a single comprehensive model to use in reporting information about the amount and timing of revenue resulting from contracts to provide goods or services to customers. The proposed ASU, which would apply to any entity that enters into contracts to provide goods or services, would supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the Codification. Additionally, the update would supersede some cost guidance included in Subtopic 605-35, Revenue Recognition - Construction-Type and Production-Type Contracts. The update removes inconsistencies and weaknesses in revenue requirements and provides a more robust framework for addressing revenue issues and more useful information to users of financial statements through improved disclosure requirements. In addition, the update improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This updated guidance did not have a material impact on our results of operations, cash flows or financial condition.</p> <!--EndFragment--></div> </div>
</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
<us-gaap:NotesAndLoansReceivableNetCurrent id="NotesAndLoansReceivableNetCurrent.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NotesAndLoansReceivableNetCurrent id="NotesAndLoansReceivableNetCurrent.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:NotesReceivableRelatedPartiesCurrent id="NotesReceivableRelatedPartiesCurrent.272.22483.4511.0.0.0.0" contextRef="as-of-2012-11-13.272.0.22483.4511.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:NotesReceivableRelatedPartiesCurrent>
<us-gaap:OperatingExpenses id="OperatingExpenses.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 126730 </us-gaap:OperatingExpenses>
<us-gaap:OperatingExpenses id="OperatingExpenses.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 144208 </us-gaap:OperatingExpenses>
<us-gaap:OperatingExpenses id="OperatingExpenses.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 201595 </us-gaap:OperatingExpenses>
<us-gaap:OperatingExpenses id="OperatingExpenses.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 421423 </us-gaap:OperatingExpenses>
<us-gaap:OperatingIncomeLoss id="OperatingIncomeLoss.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -124576 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss id="OperatingIncomeLoss.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -142339 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss id="OperatingIncomeLoss.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -199327 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss id="OperatingIncomeLoss.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -414413 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingLossCarryforwards id="OperatingLossCarryforwards.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 269528 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards id="OperatingLossCarryforwards.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 189518 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwardsExpirationDate id="OperatingLossCarryforwardsExpirationDate.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0"> 2024-03-31 </us-gaap:OperatingLossCarryforwardsExpirationDate>
<us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock id="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: left; WIDTH: 0.75in"> <strong><u>NOTE 1</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: justify"> <strong><u>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION</u></strong></td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(A) Organization</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> NC Solar, Inc. (a development stage company) (the "Company") was incorporated under the laws of the State of Nevada on December 9, 2010. NC Solar, Inc. was incorporated in Nevada in 2010 to develop solar energy collection farms on commercial and/or industrial buildings located on distressed, blighted and/or underutilized commercial land in North Carolina and other southern states of the U.S. Renewable energy collected by these farms of solar collection panel systems will be sold directly to local utility companies for resale to their customers.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Stoneville Solar, LLC. (a development stage company) was incorporated under the laws of the State of North Carolina on December 14, 2010.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Activities during the development stage include developing the business plan and raising capital.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On June 6, 2014, the Board of Directors of the Company (the "Board") approved a change in the Company's fiscal year end from April 30 to March 31.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(B) Principles of Consolidation</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The accompanying 2014 and 2013 consolidated financial statements include the accounts of NC Solar, Inc. and its wholly owned subsidiary, Stoneville Solar, LLC (collectively, the "Company").  All intercompany accounts have been eliminated upon consolidation.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in"> <strong><em> </em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(C) Use of Estimates</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of services and interest, valuation of deferred tax assets and provision for allowance for doubtful accounts. Actual results could differ from those estimates.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(D) Cash and Cash Equivalents</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At March 31, 2014 and April 30, 2013, the Company had no cash equivalents.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(E) Loss Per Share</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, "Earnings Per Share." For the eleven months ended March 31, 2014 and 2013 and for the year ended April 30, 2013, there were no common share equivalents outstanding.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><u>(F) Income Taxes</u></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company accounts for income taxes under FASB Codification Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The net deferred tax liability in the accompanying balance sheets includes the following amounts of deferred tax assets and liabilities:</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">   </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Deferred tax liability:</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left">Deferred tax asset</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; WIDTH: 62%; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Net Operating Loss Carryforward</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%"> </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; TEXT-ALIGN: right"> 114,640</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%"> </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; TEXT-ALIGN: right"> 89,730</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Valuation allowance</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (114,640</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (89,730</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Net deferred tax asset</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Net deferred tax liability</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> </table> <p style="MARGIN: 0px"> </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The valuation allowance was established to reduce the deferred tax asset to the amount that will more likely than not to be realized. This is necessary due to the Company's continued operating losses and the uncertainty of the Company's ability to utilize all of the net operating loss carryforwards before they will expire through the year 2034.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The components of income tax expense related to continuing operations are as follows:</p> <p style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0pt">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr> <td style="TEXT-ALIGN: center"> </td> <td style="TEXT-ALIGN: center"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: center" colspan="2"><strong>March 31, 2014</strong></td> <td style="TEXT-ALIGN: center"> </td> <td style="TEXT-ALIGN: center"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: center" colspan="2"><strong>April 30, 2013</strong></td> <td style="TEXT-ALIGN: center"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 62%"> <strong>Federal</strong></td> <td style="WIDTH: 1%"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 1%"> $</td> <td style="WIDTH: 16%"> </td> <td style="WIDTH: 1%"> </td> <td style="WIDTH: 1%"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 1%"> $</td> <td style="WIDTH: 16%"> </td> <td style="WIDTH: 1%"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Current</td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Deferred</td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td style="PADDING-BOTTOM: 2.5pt"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif"><strong>State and Local</strong></td> <td> </td> <td> </td> <td style="TEXT-ALIGN: right"> </td> <td> </td> <td> </td> <td> </td> <td style="TEXT-ALIGN: right"> </td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Current</td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif">$</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif">$</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Deferred</td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">   </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> As of March 31, 2014 and April 30, 2013, the Company has a net operating loss carry forward of approximately $269,528 and $189,518, respectively, available to offset future taxable income through March 31, 2024. The valuation allowance was established to reduce the deferred tax asset to the amount that will more likely than not be realized. This is necessary due to the Company's continued operating loss and the uncertainty of the Company's ability to utilize all of the net operating loss carryforwards before they will expire through the year 2034.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The net change in the valuation allowance for the eleven months ended March 31, 2014 and for the year ended April 30, 2013 was an increase of $24,910 and $65,940 respectively.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <em> </em></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company's income tax expense differed from the statutory rates (federal 34% and state 4.55%) as follows: </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center">  </td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; WIDTH: 62%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Statutory rate applied to earnings before income taxes:</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (32,363</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (73,965</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left">Increase (decrease) in income taxes resulting from:</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> State income taxes</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Change in deferred tax asset valuation allowance</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right">24,910</td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right">65,940</td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0.125in"> Non-deductible expenses</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 7,454</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8,025</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong>Income Tax Expense</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> <strong>-</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> <strong>-</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong> </strong> </td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The company's federal income tax returns for the eleven months ended March 31, 2014 and for the years ended April 30, 2013 and 2012 remain subject to examination by the Internal Revenue Service through 2019.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <em> </em></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(G) Business Segments</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company operates in one segment and therefore segment information is not presented.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(H) Revenue Recognition</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company recognizes revenue on arrangements in accordance with FASB ASC No. 605, "Revenue Recognition".  In all cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability of the resulting receivable is reasonably assured. The Company generates revenue from the sale of energy collected by the photovoltaic system as the revenue is earned. The Company recognized Grant Income at the time it is earned and all grant provisions have been satisfied and the grants are non-refundable.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(I) Equipment</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company values equipment at cost and depreciates these assets using the straight-line method over their expected useful life, which is estimated to be five-years.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In accordance with ASC No. 360, <em>Property, Plant and Equipment</em>, the Company carries long-lived assets at the lower of the carrying amount or fair value. Impairment is evaluated by estimating future undiscounted cash flows expected to result from the use of the asset and its eventual disposition. If the sum of the expected undiscounted future cash flow is less than the carrying amount of the assets, an impairment loss is recognized. Fair value, for purposes of calculating impairment, is measured based on estimated future cash flows, discounted at a market rate of interest.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(J) Concentration of Credit Risk</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> At March 31, 2014 and April 30, 2013, accounts receivable of $361 and $513, respectively, consisted of two main types of receivables; receivables from a local utility company for energy resale and an energy rebate from the State of North Carolina.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the eleven months ended March 31, 2014, the local utility company accounted for approximately 17% of revenues and 6% of the total outstanding accounts receivable and the energy rebate from the state of North Carolina accounted for 83% of revenue and 94% of total outstanding accounts receivable.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2013, the local utility company accounted for approximately 15% of revenues and 3% of the total outstanding accounts receivable and the energy rebate from the state of North Carolina accounted for 85% of revenue and 97% of total outstanding accounts receivable.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 27.5pt">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.25in; TEXT-INDENT: 0.5in"> <strong><em><u>(K) Recent Accounting Pronouncements</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in"> <strong><em> </em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In June 2014, FASB issued Accounting Standards Update ("ASU") No. 2014-10, "Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation". The update removes all incremental financial reporting requirements from GAAP for development stage entities, including the removal of Topic 915 from the FASB Accounting Standards Codification. In addition, the update adds an example disclosure in Risks and Uncertainties (Topic 275) to illustrate one way that an entity that has not begun planned principal operations could provide information about the risks and uncertainties related to the company's current activities. Furthermore, the update removes an exception provided to development stage entities in Consolidations (Topic 810) for determining whether an entity is a variable interest entity-which may change the consolidation analysis, consolidation decision, and disclosure requirements for a company that has an interest in a company in the development stage. The update is effective for the annual reporting periods beginning after December 15, 2014, including interim periods within that reporting period. This updated guidance did not have a material impact on our results of operations, cash flows or financial condition.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In June 2014, FASB and IASB jointly issued an exposure draft (ED), Revenue from Contracts with Customers. The ED, released by the FASB as proposed ASU No. 2014-09, "Revenue from Contracts with Customers". The update gives entities a single comprehensive model to use in reporting information about the amount and timing of revenue resulting from contracts to provide goods or services to customers. The proposed ASU, which would apply to any entity that enters into contracts to provide goods or services, would supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the Codification. Additionally, the update would supersede some cost guidance included in Subtopic 605-35, Revenue Recognition - Construction-Type and Production-Type Contracts. The update removes inconsistencies and weaknesses in revenue requirements and provides a more robust framework for addressing revenue issues and more useful information to users of financial statements through improved disclosure requirements. In addition, the update improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This updated guidance did not have a material impact on our results of operations, cash flows or financial condition.</p> <!--EndFragment--></div> </div>
</us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock>
<us-gaap:OtherIncome id="OtherIncome.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 25000 </us-gaap:OtherIncome>
<us-gaap:OtherIncome id="OtherIncome.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:OtherIncome id="OtherIncome.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:OtherIncome id="OtherIncome.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 25000 </us-gaap:OtherIncome>
<us-gaap:OtherIncome id="OtherIncome.313.0.0.0.0.0.0" contextRef="from-2014-02-01-to-2014-02-04.313.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 50000 </us-gaap:OtherIncome>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.252.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.252.1115.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.252.499.5114.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 263 </us-gaap:PaidInKindInterest>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.252.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.252.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 263 </us-gaap:PaidInKindInterest>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaidInKindInterest id="PaidInKindInterest.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 263 </us-gaap:PaidInKindInterest>
<us-gaap:PaymentsToAcquirePropertyPlantAndEquipment id="PaymentsToAcquirePropertyPlantAndEquipment.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaymentsToAcquirePropertyPlantAndEquipment id="PaymentsToAcquirePropertyPlantAndEquipment.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaymentsToAcquirePropertyPlantAndEquipment id="PaymentsToAcquirePropertyPlantAndEquipment.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PaymentsToAcquirePropertyPlantAndEquipment id="PaymentsToAcquirePropertyPlantAndEquipment.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 62318 </us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
<us-gaap:PreferredStockParOrStatedValuePerShare id="PreferredStockParOrStatedValuePerShare.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockParOrStatedValuePerShare id="PreferredStockParOrStatedValuePerShare.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD_per_share" decimals="4"> 0.0001 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockSharesAuthorized id="PreferredStockSharesAuthorized.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 10000000 </us-gaap:PreferredStockSharesAuthorized>
<us-gaap:PreferredStockSharesAuthorized id="PreferredStockSharesAuthorized.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 10000000 </us-gaap:PreferredStockSharesAuthorized>
<us-gaap:PreferredStockSharesIssued id="PreferredStockSharesIssued.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 0 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesIssued id="PreferredStockSharesIssued.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 0 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding id="PreferredStockSharesOutstanding.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 0 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesOutstanding id="PreferredStockSharesOutstanding.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 0 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockValue id="PreferredStockValue.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PreferredStockValue id="PreferredStockValue.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ProceedsFromIssuanceOfCommonStock id="ProceedsFromIssuanceOfCommonStock.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ProceedsFromIssuanceOfCommonStock id="ProceedsFromIssuanceOfCommonStock.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -1825 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock id="ProceedsFromIssuanceOfCommonStock.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -1825 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromIssuanceOfCommonStock id="ProceedsFromIssuanceOfCommonStock.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 206625 </us-gaap:ProceedsFromIssuanceOfCommonStock>
<us-gaap:ProceedsFromNotesPayable id="ProceedsFromNotesPayable.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:ProceedsFromNotesPayable>
<us-gaap:ProceedsFromNotesPayable id="ProceedsFromNotesPayable.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ProceedsFromNotesPayable id="ProceedsFromNotesPayable.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ProceedsFromNotesPayable id="ProceedsFromNotesPayable.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 8000 </us-gaap:ProceedsFromNotesPayable>
<us-gaap:ProfessionalFees id="ProfessionalFees.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 31359 </us-gaap:ProfessionalFees>
<us-gaap:ProfessionalFees id="ProfessionalFees.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 52094 </us-gaap:ProfessionalFees>
<us-gaap:ProfessionalFees id="ProfessionalFees.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 55915 </us-gaap:ProfessionalFees>
<us-gaap:ProfessionalFees id="ProfessionalFees.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 135989 </us-gaap:ProfessionalFees>
<us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock id="PropertyPlantAndEquipmentDisclosureTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 0.75in"> <strong><u>NOTE 3</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline"> <strong><u>EQUIPMENT</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="WIDTH: 62%; FONT: 10pt Times New Roman, Times, Serif"> Equipment</td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 25,610</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 62,318</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Less: Accumulated depreciation</td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> (25,610</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> )</td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> (62,318</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Equipment, net</td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Depreciation expenses related to the Company's photovoltaic system were $0 and $9,424 for the eleven months ended March 31, 2014 and 2013 (unaudited), $12,566 for the year ended April 30, 2013 and $25,610 for the period from December 9, 2010 (inception) to March 31, 2014. During the year ended April 30, 2013 the equipment was fully impaired, and the Company recognized a loss of $36,708 for the remaining balance.</p> <!--EndFragment--></div> </div>
</us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock>
<us-gaap:PropertyPlantAndEquipmentGross id="PropertyPlantAndEquipmentGross.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 25610 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross id="PropertyPlantAndEquipmentGross.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 62318 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentNet id="PropertyPlantAndEquipmentNet.253.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PropertyPlantAndEquipmentNet id="PropertyPlantAndEquipmentNet.254.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:PropertyPlantAndEquipmentPolicyTextBlock id="PropertyPlantAndEquipmentPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Equipment</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company values equipment at cost and depreciates these assets using the straight-line method over their expected useful life, which is estimated to be five-years.</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In accordance with ASC No. 360, <em>Property, Plant and Equipment</em>, the Company carries long-lived assets at the lower of the carrying amount or fair value. Impairment is evaluated by estimating future undiscounted cash flows expected to result from the use of the asset and its eventual disposition. If the sum of the expected undiscounted future cash flow is less than the carrying amount of the assets, an impairment loss is recognized. Fair value, for purposes of calculating impairment, is measured based on estimated future cash flows, discounted at a market rate of interest.</p> <!--EndFragment--></div> </div>
</us-gaap:PropertyPlantAndEquipmentPolicyTextBlock>
<us-gaap:PropertyPlantAndEquipmentTextBlock id="PropertyPlantAndEquipmentTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="WIDTH: 62%; FONT: 10pt Times New Roman, Times, Serif"> Equipment</td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 25,610</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 62,318</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Less: Accumulated depreciation</td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> (25,610</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> )</td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> (62,318</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Equipment, net</td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <!--EndFragment--></div> </div>
</us-gaap:PropertyPlantAndEquipmentTextBlock>
<us-gaap:PropertyPlantAndEquipmentUsefulLife id="PropertyPlantAndEquipmentUsefulLife.252.1876.4261.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.1876.4261.0.0.0.0"> P5Y </us-gaap:PropertyPlantAndEquipmentUsefulLife>
<us-gaap:ProvisionForDoubtfulAccounts id="ProvisionForDoubtfulAccounts.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ProvisionForDoubtfulAccounts id="ProvisionForDoubtfulAccounts.263.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:ProvisionForDoubtfulAccounts id="ProvisionForDoubtfulAccounts.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:ProvisionForDoubtfulAccounts>
<us-gaap:ProvisionForDoubtfulAccounts id="ProvisionForDoubtfulAccounts.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 6034 </us-gaap:ProvisionForDoubtfulAccounts>
<us-gaap:RelatedPartyTransactionsDisclosureTextBlock id="RelatedPartyTransactionsDisclosureTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0in; TEXT-ALIGN: justify"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 0.75in"> <strong><u>NOTE 8</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-ALIGN: justify; TEXT-DECORATION: underline"> <strong><u>RELATED PARTY TRANSACTIONS</u></strong></td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the eleven months ended March 31, 2014, two shareholders of the Company contributed services having a fair value of $19,066 (See Note 6(C)).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2013, two shareholders of the Company contributed services having a fair value of $20,800 (See Note 6(C)).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2012 two shareholders of the Company contributed services having a fair value of $20,800 (See Note 6(C)).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the period ended April 30, 2011 two shareholders of the Company contributed services having a fair value of $8,000 (See Note 6(C)).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On December 20, 2010, the Company issued 5,000,000 shares of common stock to its founder having a fair value of $500 ($0.0001/share) in exchange for cash (See Note 6(B)).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On December 17, 2010, the Company issued 2,500,000 shares of common stock to its founder having a fair value of $250 ($0.0001/share) in exchange for cash (See Note 6(B)).</p> <!--EndFragment--></div> </div>
</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
<us-gaap:RetainedEarningsAccumulatedDeficit id="RetainedEarningsAccumulatedDeficit.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -382198 </us-gaap:RetainedEarningsAccumulatedDeficit>
<us-gaap:RetainedEarningsAccumulatedDeficit id="RetainedEarningsAccumulatedDeficit.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -282359 </us-gaap:RetainedEarningsAccumulatedDeficit>
<us-gaap:RevenueFromGrants id="RevenueFromGrants.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:RevenueFromGrants id="RevenueFromGrants.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 3739 </us-gaap:RevenueFromGrants>
<us-gaap:RevenueFromGrants id="RevenueFromGrants.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 7478 </us-gaap:RevenueFromGrants>
<us-gaap:RevenueFromGrants id="RevenueFromGrants.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 7478 </us-gaap:RevenueFromGrants>
<us-gaap:RevenueFromGrants id="RevenueFromGrants.312.0.0.0.0.0.0" contextRef="from-2012-06-01-to-2012-06-30.312.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 18695 </us-gaap:RevenueFromGrants>
<us-gaap:RevenueFromRelatedParties id="RevenueFromRelatedParties.252.5161.5163.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.5161.5163.0.0.0.0" unitRef="USD" decimals="0"> 86881 </us-gaap:RevenueFromRelatedParties>
<us-gaap:RevenueRecognitionPolicyTextBlock id="RevenueRecognitionPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Revenue Recognition</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company recognizes revenue on arrangements in accordance with FASB ASC No. 605, "Revenue Recognition".  In all cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability of the resulting receivable is reasonably assured. The Company generates revenue from the sale of energy collected by the photovoltaic system as the revenue is earned. The Company recognized Grant Income at the time it is earned and all grant provisions have been satisfied and the grants are non-refundable.</p> <!--EndFragment--></div> </div>
</us-gaap:RevenueRecognitionPolicyTextBlock>
<us-gaap:Revenues id="Revenues.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 2154 </us-gaap:Revenues>
<us-gaap:Revenues id="Revenues.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 1869 </us-gaap:Revenues>
<us-gaap:Revenues id="Revenues.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 2268 </us-gaap:Revenues>
<us-gaap:Revenues id="Revenues.265.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 7010 </us-gaap:Revenues>
<us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock id="ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> At March 31, 2014 and April 30, 2013, the Company had the following accounts receivable:</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; FONT: bold 10pt Times New Roman, Times, Serif" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="WIDTH: 62%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Accounts receivable</td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 361</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="WIDTH: 16%; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 513</td> <td style="WIDTH: 1%; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Less: Allowance for doubtful accounts</td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 1pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> -</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> Accounts receivable, net</td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 361</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 2.5pt; FONT: 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; FONT: 10pt Times New Roman, Times, Serif"> 513</td> <td style="PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif">  </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">   </p> <!--EndFragment--></div> </div>
</us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock>
<us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock id="ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The components of income tax expense related to continuing operations are as follows:</p> <p style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0pt">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr> <td style="TEXT-ALIGN: center"> </td> <td style="TEXT-ALIGN: center"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: center" colspan="2"><strong>March 31, 2014</strong></td> <td style="TEXT-ALIGN: center"> </td> <td style="TEXT-ALIGN: center"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: center" colspan="2"><strong>April 30, 2013</strong></td> <td style="TEXT-ALIGN: center"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 62%"> <strong>Federal</strong></td> <td style="WIDTH: 1%"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 1%"> $</td> <td style="WIDTH: 16%"> </td> <td style="WIDTH: 1%"> </td> <td style="WIDTH: 1%"> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; WIDTH: 1%"> $</td> <td style="WIDTH: 16%"> </td> <td style="WIDTH: 1%"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Current</td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Deferred</td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="PADDING-BOTTOM: 2.5pt"> </td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 2.5pt double; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td style="PADDING-BOTTOM: 2.5pt"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif"><strong>State and Local</strong></td> <td> </td> <td> </td> <td style="TEXT-ALIGN: right"> </td> <td> </td> <td> </td> <td> </td> <td style="TEXT-ALIGN: right"> </td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Current</td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif">$</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="FONT: 10pt Times New Roman, Times, Serif">$</td> <td style="FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-LEFT: 0.125in"> Deferred</td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid"> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> <td> </td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif"> $</td> <td style="BORDER-BOTTOM: black 1pt solid; FONT: 10pt Times New Roman, Times, Serif; TEXT-ALIGN: right"> -</td> <td> </td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">   </p> <!--EndFragment--></div> </div>
</us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock>
<us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock id="ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The net deferred tax liability in the accompanying balance sheets includes the following amounts of deferred tax assets and liabilities:</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">   </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">March 31, 2014</td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold; TEXT-ALIGN: center" colspan="2" nowrap="nowrap">April 30, 2013</td> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center" nowrap="nowrap"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Deferred tax liability:</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left">Deferred tax asset</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; WIDTH: 62%; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Net Operating Loss Carryforward</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%"> </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; TEXT-ALIGN: right"> 114,640</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%"> </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; TEXT-ALIGN: right"> 89,730</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Valuation allowance</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (114,640</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (89,730</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Net deferred tax asset</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; FONT-WEIGHT: bold; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Net deferred tax liability</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> -</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> </table> <p style="MARGIN: 0px"> </p> <!--EndFragment--></div> </div>
</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
<us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock id="ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company's income tax expense differed from the statutory rates (federal 34% and state 4.55%) as follows: </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <table style="WIDTH: 85%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0" align="center"> <tr style="VERTICAL-ALIGN: bottom"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: center">  </td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2">March 31, 2014</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif" colspan="2">April 30, 2013</td> <td style="PADDING-BOTTOM: 1pt; TEXT-ALIGN: center; FONT: bold 10pt Times New Roman, Times, Serif">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; WIDTH: 62%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> Statutory rate applied to earnings before income taxes:</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (32,363</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt">  </td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> $</td> <td style="FONT-SIZE: 10pt; WIDTH: 16%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> (73,965</td> <td style="FONT-SIZE: 10pt; WIDTH: 1%; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left"> )</td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left">Increase (decrease) in income taxes resulting from:</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> State income taxes</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left; PADDING-LEFT: 0.125in"> Change in deferred tax asset valuation allowance</td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right">24,910</td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: right">65,940</td> <td style="FONT-SIZE: 10pt; TEXT-ALIGN: left"> </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0.125in"> Non-deductible expenses</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 7,454</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt"> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">  </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> 8,025</td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 1pt; TEXT-ALIGN: left">  </td> </tr> <tr style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: white"> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong>Income Tax Expense</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> <strong>-</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left"> <strong> </strong> </td> <td style="FONT-SIZE: 10pt; BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right"> <strong>-</strong></td> <td style="FONT-SIZE: 10pt; PADDING-BOTTOM: 2.5pt; TEXT-ALIGN: left"> <strong> </strong> </td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <!--EndFragment--></div> </div>
</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
<us-gaap:SegmentReportingPolicyPolicyTextBlock id="SegmentReportingPolicyPolicyTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Business Segments</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company operates in one segment and therefore segment information is not presented.</p> <!--EndFragment--></div> </div>
</us-gaap:SegmentReportingPolicyPolicyTextBlock>
<us-gaap:SharesOutstanding id="SharesOutstanding.253.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:SharesOutstanding id="SharesOutstanding.254.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:SharesOutstanding id="SharesOutstanding.267.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2012-04-30.267.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:SharesOutstanding id="SharesOutstanding.268.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:SharesOutstanding id="SharesOutstanding.275.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2011-04-30.275.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:SharesOutstanding id="SharesOutstanding.253.1115.5114.0.0.0.0" contextRef="as-of-2014-03-31.253.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding id="SharesOutstanding.254.1115.5114.0.0.0.0" contextRef="as-of-2013-04-30.254.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding id="SharesOutstanding.267.1115.5114.0.0.0.0" contextRef="as-of-2012-04-30.267.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding id="SharesOutstanding.268.1115.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.1115.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:SharesOutstanding id="SharesOutstanding.275.1115.5114.0.0.0.0" contextRef="as-of-2011-04-30.275.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 8051339 </us-gaap:SharesOutstanding>
<us-gaap:StateAndLocalIncomeTaxExpenseBenefitContinuingOperations id="StateAndLocalIncomeTaxExpenseBenefitContinuingOperations.252.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StateAndLocalIncomeTaxExpenseBenefitContinuingOperations id="StateAndLocalIncomeTaxExpenseBenefitContinuingOperations.264.0.0.0.0.0.0" xsi:nil="true" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.253.0.0.0.0.0.0" contextRef="as-of-2014-03-31.253.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -106644 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.254.0.0.0.0.0.0" contextRef="as-of-2013-04-30.254.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> -26134 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.267.0.0.0.0.0.0" contextRef="as-of-2012-04-30.267.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 146740 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.268.0.0.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.0.0.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.275.0.0.0.0.0.0" contextRef="as-of-2011-04-30.275.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 78705 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.253.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.254.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.267.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2012-04-30.267.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.268.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.275.4087.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2011-04-30.275.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.253.1115.5114.0.0.0.0" contextRef="as-of-2014-03-31.253.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 895 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.254.1115.5114.0.0.0.0" contextRef="as-of-2013-04-30.254.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 895 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.267.1115.5114.0.0.0.0" contextRef="as-of-2012-04-30.267.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 895 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.268.1115.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.1115.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.275.1115.5114.0.0.0.0" contextRef="as-of-2011-04-30.275.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 805 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.253.499.5114.0.0.0.0" contextRef="as-of-2014-03-31.253.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 274659 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.254.499.5114.0.0.0.0" contextRef="as-of-2013-04-30.254.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 255330 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.267.499.5114.0.0.0.0" contextRef="as-of-2012-04-30.267.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 236355 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.268.499.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.275.499.5114.0.0.0.0" contextRef="as-of-2011-04-30.275.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 90645 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.253.489.5114.0.0.0.0" contextRef="as-of-2014-03-31.253.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -382198 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.254.489.5114.0.0.0.0" contextRef="as-of-2013-04-30.254.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -282359 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.267.489.5114.0.0.0.0" contextRef="as-of-2012-04-30.267.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -90510 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.268.489.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.275.489.5114.0.0.0.0" contextRef="as-of-2011-04-30.275.0.489.5114.0.0.0.0" unitRef="USD" decimals="0"> -12295 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity id="StockholdersEquity.253.22502.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2014-03-31.253.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.254.22502.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2013-04-30.254.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.267.22502.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2012-04-30.267.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.268.22502.5114.0.0.0.0" xsi:nil="true" contextRef="as-of-2010-12-08.268.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockholdersEquity id="StockholdersEquity.275.22502.5114.0.0.0.0" contextRef="as-of-2011-04-30.275.0.22502.5114.0.0.0.0" unitRef="USD" decimals="0"> -450 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquityNoteDisclosureTextBlock id="StockholdersEquityNoteDisclosureTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="MARGIN-BOTTOM: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 0.75in"> <strong><u>NOTE 6</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline"> <strong><u>STOCKHOLDERS' EQUITY</u></strong></td> </tr> </table> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(A) Preferred Stock</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company is authorized to issue 10,000,000 shares of preferred stock with a par value of $0.0001 per share. Preferred stock may be issued in one or more series, with those rights and preferences determined by the board of directors. As of March 31, 2014 and April 30, 2013, no preferred shares are issued and outstanding.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in"> <strong> </strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(B) Common Stock Issued for Cash</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company is authorized to issue 100,000,000 shares of common stock with a par value of $0.0001 per share.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2012, the Company issued 900,012 shares of common stock for $135,000 ($0.15/share), less direct offering costs of $11,825.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the period ended April 30, 2011 the Company issued 551,339 shares of common stock for $82,700 ($0.15/share) less stock subscription receivable of $450 which was collected on November 30, 2011.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> During December 2010 the Company also issued 7,500,000 shares of common stock to its two founders for $750 ($0.0001 per share) in exchange for cash (See Note 8).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(C) In-Kind Contribution</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the eleven months ended March 31, 2014 two shareholders of the Company contributed services having a fair value of $19,066 (See Note 8).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2013, two shareholders of the Company contributed services having a fair value of $20,800 (See Note 8).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the year ended April 30, 2012, two shareholders of the Company contributed services having a fair value of $20,800 (See Note 8).</p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> For the period ended April 30, 2011 two shareholders of the Company contributed services having a fair value of $8,000 (See Note 8).</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>(D) In-Kind of Interest</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em> </em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> The Company recorded $263 as an in-kind contribution of interest (See Note 5).</p> <!--EndFragment--></div> </div>
</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForCash id="StockIssuedDuringPeriodSharesIssuedForCash.276.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForCash id="StockIssuedDuringPeriodSharesIssuedForCash.277.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForCash id="StockIssuedDuringPeriodSharesIssuedForCash.276.1115.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 551339 </us-gaap:StockIssuedDuringPeriodSharesIssuedForCash>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForCash id="StockIssuedDuringPeriodSharesIssuedForCash.277.1115.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 900012 </us-gaap:StockIssuedDuringPeriodSharesIssuedForCash>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForCash id="StockIssuedDuringPeriodSharesIssuedForCash.283.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2010-12-17.283.0.22490.4511.0.0.0.0" unitRef="shares" decimals="0"> 2500000 </us-gaap:StockIssuedDuringPeriodSharesIssuedForCash>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForCash id="StockIssuedDuringPeriodSharesIssuedForCash.284.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2010-12-20.284.0.22490.4511.0.0.0.0" unitRef="shares" decimals="0"> 5000000 </us-gaap:StockIssuedDuringPeriodSharesIssuedForCash>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForServices id="StockIssuedDuringPeriodSharesIssuedForServices.276.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0" unitRef="shares" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodSharesIssuedForServices id="StockIssuedDuringPeriodSharesIssuedForServices.276.1115.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="shares" decimals="0"> 7500000 </us-gaap:StockIssuedDuringPeriodSharesIssuedForServices>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.276.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.277.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.276.1115.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 55 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.277.1115.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 90 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.276.499.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 82645 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.277.499.5114.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.499.5114.0.0.0.0" unitRef="USD" decimals="0"> 134910 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.276.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.277.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.276.22502.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.22502.5114.0.0.0.0" unitRef="USD" decimals="0"> -450 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.277.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2011-05-01-to-2012-04-30.277.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.276.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 82250 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.277.0.0.0.0.0.0" contextRef="from-2011-05-01-to-2012-04-30.277.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 135000 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.283.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2010-12-17.283.0.22490.4511.0.0.0.0" unitRef="USD" decimals="0"> 250 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForCash id="StockIssuedDuringPeriodValueIssuedForCash.284.22490.4511.0.0.0.0" contextRef="from-2010-12-09-to-2010-12-20.284.0.22490.4511.0.0.0.0" unitRef="USD" decimals="0"> 500 </us-gaap:StockIssuedDuringPeriodValueIssuedForCash>
<us-gaap:StockIssuedDuringPeriodValueIssuedForServices id="StockIssuedDuringPeriodValueIssuedForServices.276.4087.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForServices id="StockIssuedDuringPeriodValueIssuedForServices.276.1115.5114.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0" unitRef="USD" decimals="0"> 750 </us-gaap:StockIssuedDuringPeriodValueIssuedForServices>
<us-gaap:StockIssuedDuringPeriodValueIssuedForServices id="StockIssuedDuringPeriodValueIssuedForServices.276.499.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.499.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForServices id="StockIssuedDuringPeriodValueIssuedForServices.276.489.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.489.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForServices id="StockIssuedDuringPeriodValueIssuedForServices.276.22502.5114.0.0.0.0" xsi:nil="true" contextRef="from-2010-12-09-to-2011-04-30.276.0.22502.5114.0.0.0.0" unitRef="USD" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"/>
<us-gaap:StockIssuedDuringPeriodValueIssuedForServices id="StockIssuedDuringPeriodValueIssuedForServices.276.0.0.0.0.0.0" contextRef="from-2010-12-09-to-2011-04-30.276.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 750 </us-gaap:StockIssuedDuringPeriodValueIssuedForServices>
<us-gaap:SubsequentEventsTextBlock id="SubsequentEventsTextBlock.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-DECORATION: underline; WIDTH: 9%"> <strong><u>NOTE 11</u></strong></td> <td style="FONT: 10pt Times New Roman, Times, Serif; PADDING-RIGHT: 0.8pt; TEXT-ALIGN: justify; TEXT-DECORATION: underline; WIDTH: 91%"> <strong><u>SUBSEQUENT EVENT</u></strong></td> </tr> </table> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 27pt; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Subsequent to March 31, 2014, the former shareholders of the Company paid accounts payable on behalf of the Company totaling $86,881 and operating expenses of $14,918 which was recorded as an in-kind contribution of capital.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> Subsequent to March 31, 2014, the unsecured promissory note in the amount of $8,000 was forgiven by the note holder. The amount was subsequently recorded as a gain on settlement of debt.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <font style="FONT: 10pt Times New Roman, Times, Serif">On June 6, 2014, Jeffery Alt and Matthew Croslis resigned as officers and Mr. Croslis resigned as a member of the Board. Mr. Alt is still a member of the Board.</font> <font style="FONT: 10pt Times New Roman, Times, Serif">Simultaneously, the Board of Directors appointed Tadashi Ishikawa as the President/Chief Executive Officer, Secretary, Treasurer/Chief Financial Officer and the member of the Board of Directors.</font></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="MARGIN-BOTTOM: 0px; TEXT-ALIGN: justify; MARGIN-LEFT: 0.75in; MARGIN-TOP: 0px; TEXT-INDENT: 0in"> On June 6, 2014, the Board of Directors approved a change in the Company's fiscal year end from April 30 to March 31.</p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> On August 1, 2011 the Company entered into a consulting agreement to receive administrative and other miscellaneous services. The agreement was terminated effective June 19, 2014.</p> <!--EndFragment--></div> </div>
</us-gaap:SubsequentEventsTextBlock>
<us-gaap:UseOfEstimates id="UseOfEstimates.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> <strong><em><u>Use of Estimates</u></em></strong></p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in; TEXT-INDENT: 0.5in">  </p> <p style="TEXT-ALIGN: justify; FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px 0pt 0.75in"> In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of services and interest, valuation of deferred tax assets and provision for allowance for doubtful accounts. Actual results could differ from those estimates.</p> <!--EndFragment--></div> </div>
</us-gaap:UseOfEstimates>
<us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount id="ValuationAllowanceDeferredTaxAssetChangeInAmount.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 24910 </us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount>
<us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount id="ValuationAllowanceDeferredTaxAssetChangeInAmount.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="USD" decimals="0"> 65940 </us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount>
<us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted id="WeightedAverageNumberOfShareOutstandingBasicAndDiluted.252.0.0.0.0.0.0" contextRef="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted>
<us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted id="WeightedAverageNumberOfShareOutstandingBasicAndDiluted.263.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted>
<us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted id="WeightedAverageNumberOfShareOutstandingBasicAndDiluted.264.0.0.0.0.0.0" contextRef="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0" unitRef="shares" decimals="0"> 8951351 </us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted>
<xbrli:unit id="shares">
<xbrli:measure> xbrli:shares </xbrli:measure>
</xbrli:unit>
<xbrli:unit id="USD">
<xbrli:measure> iso4217:USD </xbrli:measure>
</xbrli:unit>
<xbrli:unit id="pure">
<xbrli:measure> xbrli:pure </xbrli:measure>
</xbrli:unit>
<xbrli:unit id="USD_per_share">
<xbrli:divide>
<xbrli:unitNumerator>
<xbrli:measure> iso4217:USD </xbrli:measure>
</xbrli:unitNumerator>
<xbrli:unitDenominator>
<xbrli:measure> xbrli:shares </xbrli:measure>
</xbrli:unitDenominator>
</xbrli:divide>
</xbrli:unit>
<xbrli:context id="from-2014-02-01-to-2014-02-04.313.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2014-02-01 </xbrli:startDate>
<xbrli:endDate> 2014-02-04 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.5161.5163.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:SubsequentEventMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.4712.1170.22501.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:SalesRevenueGoodsNetMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:StateOfNorthCarolinaMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.4712.1170.22496.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:SalesRevenueGoodsNetMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:LocalUtilityCompanyMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.450.1170.22501.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccountsReceivableMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:StateOfNorthCarolinaMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.450.1170.22496.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccountsReceivableMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:LocalUtilityCompanyMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.1876.4261.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:EquipmentMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2013-05-01-to-2014-03-31.252.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2013-05-01 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-06-01-to-2012-06-30.312.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-06-01 </xbrli:startDate>
<xbrli:endDate> 2012-06-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.4712.1170.22501.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:SalesRevenueGoodsNetMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:StateOfNorthCarolinaMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.4712.1170.22496.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:SalesRevenueGoodsNetMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:LocalUtilityCompanyMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.450.1170.22501.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccountsReceivableMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:StateOfNorthCarolinaMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.450.1170.22496.3305.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccountsReceivableMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:LocalUtilityCompanyMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-04-30.264.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2012-05-01-to-2013-03-31.263.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2012-05-01 </xbrli:startDate>
<xbrli:endDate> 2013-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-08-02-to-2011-08-11.279.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-08-02 </xbrli:startDate>
<xbrli:endDate> 2011-08-11 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-05-01-to-2012-04-30.277.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-05-01 </xbrli:startDate>
<xbrli:endDate> 2012-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-05-01-to-2012-04-30.277.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-05-01 </xbrli:startDate>
<xbrli:endDate> 2012-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-05-01-to-2012-04-30.277.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-05-01 </xbrli:startDate>
<xbrli:endDate> 2012-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-05-01-to-2012-04-30.277.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-05-01 </xbrli:startDate>
<xbrli:endDate> 2012-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-05-01-to-2012-04-30.277.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-05-01 </xbrli:startDate>
<xbrli:endDate> 2012-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-05-01-to-2012-04-30.277.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-05-01 </xbrli:startDate>
<xbrli:endDate> 2012-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2011-02-01-to-2011-02-03.282.0.22499.22488.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="ncso:EnergyAgreementsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:NcGreenpowerProgramMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2011-02-01 </xbrli:startDate>
<xbrli:endDate> 2011-02-03 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2014-03-31.265.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2014-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.22490.4511.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:FounderMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2011-04-30.276.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2011-04-30 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2010-12-20.284.0.22490.4511.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:FounderMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2010-12-20 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="from-2010-12-09-to-2010-12-17.283.0.22490.4511.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:FounderMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2010-12-09 </xbrli:startDate>
<xbrli:endDate> 2010-12-17 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-07-14.310.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-07-14 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-03-31.253.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-03-31.253.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-03-31.253.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-03-31.253.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-03-31.253.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2014-03-31.253.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2014-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-09-30.311.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-09-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-04-30.254.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-04-30.254.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-04-30.254.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-04-30.254.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-04-30.254.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-04-30.254.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2013-03-31.266.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2013-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-11-13.272.0.22483.4511.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:AlternativeEnergyAndEnvironmentalSolutionsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-11-13 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-04-30.267.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-04-30.267.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-04-30.267.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-04-30.267.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-04-30.267.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2012-04-30.267.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2012-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-08-01.278.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-08-01 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-04-30.275.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-04-30.275.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-04-30.275.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-04-30.275.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-04-30.275.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-04-30.275.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-04-30 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-02-14.280.0.22487.22488.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="ncso:EnergyAgreementsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:DukeEnergyElectricPowerMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-02-14 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2011-02-03.281.0.22499.22488.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="ncso:EnergyAgreementsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:NcGreenpowerProgramMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2011-02-03 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2010-12-08.268.0.499.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2010-12-08 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2010-12-08.268.0.489.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:AccumulatedDeficitDuringDevelopmentStageMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2010-12-08 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2010-12-08.268.0.4087.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2010-12-08 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2010-12-08.268.0.22502.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> ncso:SubscriptionReceivableMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2010-12-08 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2010-12-08.268.0.1115.5114.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" xmlns:xbrldi="http://xbrl.org/2006/xbrldi"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2010-12-08 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="as-of-2010-12-08.268.0.0.0.0.0.0.0">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001553264 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2010-12-08 </xbrli:instant>
</xbrli:period>
</xbrli:context>
</xbrl>

Top
Filing Submission 0001144204-14-042813   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Thu., May 2, 4:57:27.1am ET