벎떨APP눈첵 Group, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Stockholders' Equity (Deficiency) (Tables)

Stockholders' Equity (Deficiency) (Tables)

3 Months Ended

12 Months Ended

Jul. 31, 2014

Apr. 30, 2014

Stockholders' Equity (Deficiency) [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The assets acquired and liabilities assumed from the publicly-held company were as follows:


Cash and cash equivalents	$	337
Liabilities assumed		(21,206	)
Net	$	(20,869	)

Schedule of Warrants Activity

A summary of the Company's warrant activity during the three months ended July 31, 2014 is presented below:


					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
Warrants	Shares		Price		Term		Value
Balance Outstanding, April 30, 2014		23,144,005	$	0.31
Granted		8,714,519		0.19
Exercised		-
Forfeited		-
Expired		-
Balance Outstanding, July 31, 2014		31,858,524	$	0.27		4.9	$	-

Exercisable, July 31, 2014		31,858,524	$	0.27		4.9	$	-

A summary of the Company's warrant activity during the year ended April 30, 2014 is presented below:


				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Warrants	Shares			Price		Term		Value
Balance Outstanding, April 30, 2013		9,090,292		$	0.46
Granted		18,325,553			0.26
Exercised		(4,231,840	)		0.19
Forfeited		(40,000	)		0.50
Expired		-
Balance Outstanding, April 30, 2014		23,144,005		$	0.31		4.6	$	-

Exercisable, April 30, 2014		18,249,528		$	0.31		4.6	$	-

Stock Incentive Plan and Stock Option Grants to Employees and Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Assumptions Used In Valuing Stock Options

The following table summarizes the assumptions the Company utilized to record compensation expense for stock options granted to employees during the year ended April 30, 2014 the four months ended April 30, 2013, and during the year ended December 31, 2012:


	April 30,	April 30,	December 31,
Assumptions	2014	2013	2012
Expected life (years)	3.3	3.5 - 3.75	2.5 - 3.8
Expected volatility	45.0%	46.3%- 46.5%	44.2% - 50.9%
Weighted-average volatility	45.0%	46.5%	49.0%
Risk-free interest rate	0.38%	.36%-.44%	0.31% - 0.60%
Dividend yield	0.00%	0.00%	0.00%
Expected forfeiture rate	n/a	3.9%	1.7%

Schedule of Stock Option Activity

A summary of the Company's stock option activity for employees and directors during the quarter ended July 31, 2014 is presented below:


						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance Outstanding, April 30, 2014		10,476,412		$	0.35
Granted		-
Exercised		-
Forfeited		(10,000	)
Expired		-
Balance Outstanding, July 31, 2014		10,466,412		$	0.23		3.5	$	-

Exercisable, July 31, 2014		5,082,712		$	0.27		3.4	$	-

A summary of the Company's stock option activity for employees and directors during the year ended April 30, 2014 is presented below:


						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance Outstanding, April 30, 2013		7,344,381		$	0.35
Granted		3,778,711		$	0.25
Exercised		-
Forfeited		(646,680	)	$	0.35
Expired		-
Balance Outstanding, April 30, 2014		10,476,412		$	0.35		4.0	$	-

Exercisable, April 30, 2014		2,050,332		$	0.35		3.8	$	-

Stock Option Grants to Non-Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity

A summary of the Company's stock option activity for non-employees during the three months ended July 31, 2014 is presented below:


				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance Outstanding, April 30, 2014		270,000		$	0.35
Granted		-
Exercised		-
Forfeited		(50,000	)	$	0.19
Expired		-
Balance Outstanding, July 31, 2014		220,000		$	0.30		2.8		2.8

Exercisable, July 31, 2014		73,333		$	0.30		2.8		2.8

A summary of the Company's stock option activity for non-employees during the year ended April 30, 2014 is presented below:


			Weighted		Average
			Average		Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
Options	Shares		Price		Term		Value
Balance Outstanding, April 30, 2013		270,000	$	0.35
Granted		-	$	-
Exercised		-
Forfeited		-
Expired		-
Balance Outstanding, April 30, 2014		270,000	$	0.35		4.0	$	-

Exercisable, April 30, 2014		-		N/A		N/A		N/A

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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