XML 39 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Shareholders' Deficit (USD $)
Common Stock Shares
Common Stock Amount
Additional Paid-In Capital
Intrisic Value of Common Stock Options
Prepaid Officer Compensation
Accumululated Other Comprehensive Loss
Deficit Accumulated During Development Stage
Total
Beginning Balance, amount at Aug. 17, 2006                       
Beginning Balance, shares at Aug. 17, 2006                 
Common stock issued for net assets 09/01/06 11,264,485 11,265 88,735             100,000
Common stock issued for cash 09/07/06 1,126,448 1,126 8,874             10,000
Common stock issued for cash 09/11/06 1,126,448 1,126 8,874             10,000
Net loss                   (5,379) (5,379)
Ending Balance, amount at Apr. 30, 2007   13,517 106,483          (5,379) 114,621
Ending Balance, shares at Apr. 30, 2007 13,517,381              
Net loss                   (24,805) (24,805)
Ending Balance, amount at Apr. 30, 2008   13,517 106,483          (30,184) 89,816
Ending Balance, shares at Apr. 30, 2008 13,517,381              
Acquisition of North American Energy Resources, Inc. 07/28/08 177,000 177 119,653             119,830
Conversion of note payable and accrued interest for common stock 07/31/08 153,000 153 35,377             35,530
Common stock options granted for 350000 shares a $1.00 per share 08/01/08       178,000 (178,000)            
Common stock options granted for 50000 shares at $1.25 per share 08/01/08       27,096 (27,096)            
Exercise common stock options for $1.25 per share 09/22/08 100    6,250             6,250
Exercise common stock options for $1.00 per share 09/22/08 1,000 1 49,999             50,000
Exercise common stock options for $1.25 per share 10/13/08 100    6,250             6,250
Exercise common stock options for $1.00 per share 10/13/08 70    3,500             3,500
Accounts payable paid with common stock 10/14/08 90    9,016             9,016
Amoritize intrinsic value of options 10/31/08          17,091          17,091
Cancel common stock options 11/05/08       (188,005) 188,005            
Common stock issued for compensation 11/07/08 100    6,250             6,250
Common stock issued for accounts payable 11/07/08 60    3,000             3,000
Common stock issued for consulting service 11/12/08 3,000 3 310,497             310,500
Common stock issued for accounts payable 11/17/08 400 1 24,999             25,000
Capital contribution by shareholder in cash 11/30/08       50,000             50,000
Common stock issued for compensation 12/09/08 338    5,000             5,000
Common stock issued for accounts payable 12/09/08 300    1,200             1,200
Common stock issued for accounts payable 12/09/08 400    6,000             6,000
Common stock issued for compensation 01/05/09 500 1 4,999             5,000
Common stock issued for accounts payable 01/05/09 800 1 3,199             3,200
Common stock issued for accounts payable 01/05/09 400 1 3,999             4,000
Common stock issued for accounts payable 01/19/09 4,000 4 14,996             15,000
Common stock issued for compensation 01/26/09 1,500 2 4,998             5,000
Common stock issued for accounts payable 02/24/09 6,000 6 9,761             9,767
Common stock issued for compensation 02/24/09 1,000 1 1,999             2,000
Common stock issued for compensation 03/04/09 4,000 4 4,996             5,000
Common stock issued for compensation 04/06/09 4,000 4 5,996             6,000
Common stock issued for officer compensation 04/21/09 160,000 160 145,440    (84,933)       60,667
Net loss                   (1,097,468) (1,097,468)
Ending Balance, amount at Apr. 30, 2009   14,036 960,948    (84,933)    (1,127,652) (237,601)
Ending Balance, shares at Apr. 30, 2009 14,035,539              
Common stock issued for consulting agreement 05/01/09 400,000 400 419,600             420,000
Common stock issued for consulting agreement 05/01/09 200,000              
Common stock issued for oil and gas non-producing property 06/09/09 700,000 700 125,300             126,000
Common stock issued for accounts payable 07/27/09 10,000 10 4,990             5,000
Common stock issued for consulting agreement 07/27/09 30,000 30 14,970             15,000
Common stock issued for consulting agreement 07/27/09 30,000 30 14,970             15,000
Common stock issued for oil and gas producing property 06/09/09 350,000 350 192,150             192,500
Common stock issued for consulting contract 09/25/09 300,000 300 182,700             183,000
Common stock issued for cash 02/23/10 200,000 200 5,800             6,000
Common stock issued for consulting agreement 02/24/10 400,000 400 31,600             32,000
Common stock issued for consulting agreement - director fees 02/24/10 450,000 450 35,550             36,000
Common stock issued for consulting agreement - director fees 02/24/10 150,000 150 11,850             12,000
Common stock issued for consulting agreement - director fees 02/24/10 120,000 120 9,480             9,600
Other comprehensive loss on available-for-sale securities                (1,000)    (1,000)
Amortize officer compensation             72,804       72,804
Net loss                   (1,382,974) (1,382,974)
Ending Balance, amount at Apr. 30, 2010   17,376 2,219,708    (12,129) (1,000) (2,510,626) (286,671)
Ending Balance, shares at Apr. 30, 2010 17,375,539              
Amortize officer compensation             12,129       12,129
Recission of available-for-sale securities transaction                1,000    1,000
Convertible note payable forgiven by related party 12/03/10       57,920             57,920
Common stock issued for consulting agreement 12/02/10 850,000 850 7,650             8,500
Common Stock issued for conversion of convertible notes payable 12/05/10 3,329,406 3,329 552,919             556,248
Net loss                   (462,392) (462,392)
Ending Balance, amount at Apr. 30, 2011   21,555 2,838,197          (2,973,018) (113,266)
Ending Balance, shares at Apr. 30, 2011 21,554,945              
Net loss                   (232,041) (232,041)
Ending Balance, amount at Oct. 31, 2011   $ 21,555 $ 2,838,197          $ (3,205,059) $ (345,307)
Ending Balance, shares at Oct. 31, 2011 21,554,945