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Note 13 – Preferred Stock
3 Months Ended
Jul. 31, 2024
Equity [Abstract]  
Note 13 – Preferred Stock

Note 13 – Preferred Stock

 

Our preferred stock has a par value of $0.001 per share. Series B Preferred Stock (“Series B Stock”) is convertible into common stock at a ratio of 0.8334 shares of common stock for each share of Series B Stock held and votes together with the common stock on an as-if-converted basis. 982,000 shares of Series B Stock were converted into 818,334 shares of common stock in June 2023. Shares outstanding at July 31, 2024 totaled 4,676 which are convertible into 3,896 shares of common stock.