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EXCEL - IDEA: XBRL DOCUMENT - ProGreen Properties, Inc.Financial_Report.xls
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EX-31 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002, FILED HEREWITH. - ProGreen Properties, Inc.f10q1012ex31_progreen.htm
10-Q - QUARTERLY REPORT - ProGreen Properties, Inc.f10q1012_progreen.htm
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EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002, FILED HEREWITH. - ProGreen Properties, Inc.f10q1012ex32_progreen.htm
v2.4.0.6
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2012
Oct. 31, 2011
Revenues:        
Condominium sales $ 105,000 $ 90,000 $ 105,000 $ 90,000
Rental revenue 9,450 24,410 17,780 42,410
Commission revenue    9,765 1,000 9,765
Management fee revenue 2,941    4,561   
Other income 100    4,900   
Total Revenue 117,491 124,175 133,241 142,175
Expenses:        
Cost of property sales 65,048 90,903 65,048 90,903
Rental property operating costs 4,602 8,073 25,071 16,299
Advertising 11,858 6,714 22,387 6,046
Depreciation 4,431 5,341 7,245 9,611
Compensation Expense 10,500    17,500   
General & administrative 61,461 32,972 122,874 71,684
Other expenses 468    1,484   
Professional fees 61,380 56,243 88,209 130,088
Total operating expenses 219,748 200,246 349,818 324,631
Operating loss (102,257) (76,071) (216,577) (182,456)
Other expenses and income:        
Interest expense (18,813) (28,685) (37,582) (57,167)
Interest income 2,779 1,712 5,665 3,427
Loss before income tax expense (118,291) (103,044) (248,494) (236,196)
Deferred income tax expense            
Net Loss $ (118,291) $ (103,044) $ (248,494) $ (236,196)
Net loss per share - basic            
Weighted Average Shares Outstanding - basic 104,329,703 104,294,920 104,329,703 104,294,920
Net loss per share - diluted            
Weighted Average shares outstanding - fully diluted 114,104,874 114,104,874 114,104,874 114,070,091