Axius Inc.

CIK:0001415935|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended		58 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	Jul. 31, 2012	Jul. 31, 2011	Jul. 31, 2012	Jul. 31, 2011	Jul. 31, 2012
REVENUES	$ 1,931	$ 611	$ 3,139	$ 611	$ 35,976
COST OF GOODS SOLD	386	1,006	1,354	1,006	3,259
GROSS PROFIT	1,545	(395)	1,785	(395)	32,717
EXPENSES:
Selling	9,775	7,489	32,056	8,489	86,110
Professional fees	2,138	11,604	59,963	26,794	232,261
Consulting	0	315,817	0	396,018	138,120
Salaries, wages and taxes	8,092	2,844	28,666	2,844	50,896
Amortization	10,000	0	30,000	0	59,997
General and administrative	18,433	37,842	57,503	67,988	121,563
Stock-based compensation	0	0	0	0	295,000
TOTAL EXPENSES	48,438	375,596	208,188	502,133	983,947
LOSS FROM OPERATIONS	(46,893)	(375,991)	(206,403)	(502,528)	(951,230)
OTHER EXPENSES
Foreign currency transaction adjustment	157	371	1,407	3,365	6,120
TOTAL OTHER EXPENSES	157	371	1,407	3,365	6,120
LOSS BEFORE PROVISION FOR INCOME TAXES	(47,050)	(376,362)	(207,810)	(505,893)	(957,350)
PROVISION FOR INCOME TAX	0	0	0	0	0
NET LOSS	$ (47,050)	$ (376,362)	$ (207,810)	$ (505,893)	$ (957,350)
NET LOSS PER SHARE:
BASIC AND DILUTED	$ 0.00	$ (0.01)	$ 0.00	$ (0.02)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
BASIC AND DILUTED.	58,500,000	43,385,625	57,606,227	28,923,910

CONOSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended		58 Months Ended
CONOSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Jul. 31, 2012	Jul. 31, 2011	Jul. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$ (207,810)	$ (505,893)	$ (957,350)
Change in non-cash working capital items:
Amortization.	30,000	0	59,997
Stock-based compensation.	0	0	295,000
Changes in assets and liabilities:
(Increase) decrease in prepaid expenses and amounts due from supplier	(5,017)	30,770	(8,617)
(Increase) decrease in inventory	14,215	(46,632)	(31,761)
(Increase) decrease due from supplier	(330)	0	(4,164)
Increase (decrease) due to officer	58,709	0	103,284
Increase (decrease) in accounts payable	16,630	17,985	28,545
NET CASH USED BY OPERATING ACTIVITIES	(93,603)	(503,770)	(515,066)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock	70,000	565,350	393,000
Proceeds from note payable - related party	0	19,575	132,250
NET CASH PROVIDED BY FINANCING ACTIVITIES	70,000	584,925	525,250
NET INCREASE (DECREASE) IN CASH	(23,603)	81,155	10,184
Cash, beginning of period	33,787	24,949	0
Cash, end of period	10,184	106,104	10,184
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid	0	0	0
Income taxes paid	0	0	0
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING INFORMATION
Conversion due to officer to contributed capital	$ 0	$ 290,000	$ 312,250

CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 31, 2012	Oct. 31, 2011
Current Assets
Cash and equivalents	$ 10,184	$ 33,787
Inventory	31,761	45,976
Due from supplier	4,164	3,834
Prepaid expenses	8,617	3,600
Total Current Assets	54,726	87,197
Intangible Assets, net	140,003	170,003
TOTAL ASSETS	194,729	257,200
Current Liabilities
Accounts payable	28,545	11,915
Notes payable - related party	103,284	44,575
Total Current Liabilities	131,829	56,490
Stockholders' Equity
Common Stock, $.001 par value, 250,000,000 shares authorized, shares issued and outstanding as of: 7/31/12 58,500,000 shares and 10/31/11 55,000,000 shares	58,500	55,000
Preferred Stock, $.001 par value, 10,000,000 shares authorized, -0- shares issued and outstanding	0	0
Additional paid-in capital	961,750	895,250
Deficit accumulated during the development stage	(957,350)	(749,540)
Total stockholders' equity	62,900	200,710
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 194,729	$ 257,200