Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
12 Months Ended
Apr. 30, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
NOTE 5 - PROPERTY AND EQUIPMENT
 
Property and equipment consist of the following at April 30, 2015 and 2014:
 
 
 
Estimated useful life
(years)
 
2015
 
2014
 
Furniture and fixtures
 
5-7
 
$
74,265
 
$
94,260
 
Computers and software
 
2-3
 
 
273,755
 
 
281,940
 
Vehicles
 
5-7
 
 
799,012
 
 
869,559
 
Machinery and equipment
 
5
 
 
88,689
 
 
94,833
 
Leasehold improvements
 
2-3
 
 
291,688
 
 
291,688
 
 
 
 
 
 
1,527,409
 
 
1,632,280
 
Less accumulated depreciation
 
 
 
 
1,364,423
 
 
1,455,999
 
 
 
 
 
$
162,986
 
$
176,281
 
 
Depreciation and amortization expense for property and equipment for the years ended April 30, 2015 and 2014 was approximately $60,000 and $110,000, respectively.