CAPITAL STOCK	12 Months Ended
Oct. 31, 2011
CAPITAL STOCK
CAPITAL STOCK	NOTE 4 – CAPITAL STOCK The Company has 90,000,000 shares of $0.001 par value common stock authorized and 10,000,000 shares of $0.001 par value preferred stock authorized. During the fiscal year ended October 31, 2010, a former officer of the company agreed to convert an amount owed to them of $22,250 to contributed capital. The Company had 2,150,000 shares of common stock and no shares of preferred stock issued and outstanding as of October 31, 2010. In December 2010 the Company executed a private placement subscription agreement and received $100,000 for 1,000,000 shares of common stock at $0.10 per unit with a related party. The warrants expire in sixty months and have certain restrictions and are callable by the Company under certain conditions. Five warrants can be exercised to purchase one share of common stock at $0.50 per share. The warrants were never issued and have been cancelled by agreement of the parties. In January 2011, HMM Corporate Services Ltd. converted its note payable into 900,000 shares of common stock. In February 2011, the Company issued 2,000,000 shares of common stock in exchange for an investment in French Cosmetic Centre Ltd. valued at $200,000. In April, June and October 2011, the Company executed three private placement subscription agreements and received $200,000 for 2,000,000 shares of common stock at $0.10 per share. In June 2011, the Company issued 2,950,000 shares for services valued at $295,000. The Company had 11,000,000 shares of common stock and no shares of preferred stock issued and outstanding as of October 31, 2011.

CAPITAL STOCK

12 Months Ended

Oct. 31, 2011

NOTE 4 – CAPITAL STOCK

The Company has 90,000,000 shares of $0.001 par value common stock authorized and 10,000,000 shares of $0.001 par value preferred stock authorized.

During the fiscal year ended October 31, 2010, a former officer of the company agreed to convert an amount owed to them of $22,250 to contributed capital.

The Company had 2,150,000 shares of common stock and no shares of preferred stock issued and outstanding as of October 31, 2010.

In December 2010 the Company executed a private placement subscription agreement and received $100,000 for 1,000,000 shares of common stock at $0.10 per unit with a related party. The warrants expire in sixty months and have certain restrictions and are callable by the Company under certain conditions. Five warrants can be exercised to purchase one share of common stock at $0.50 per share. The warrants were never issued and have been cancelled by agreement of the parties.

In January 2011, HMM Corporate Services Ltd. converted its note payable into 900,000 shares of common stock.

In February 2011, the Company issued 2,000,000 shares of common stock in exchange for an investment in French Cosmetic Centre Ltd. valued at $200,000.

In April, June and October 2011, the Company executed three private placement subscription agreements and received $200,000 for 2,000,000 shares of common stock at $0.10 per share.

In June 2011, the Company issued 2,950,000 shares for services valued at $295,000.

The Company had 11,000,000 shares of common stock and no shares of preferred stock issued and outstanding as of October 31, 2011.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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+ Details

Axius Inc. 10-K/A