STOCKHOLDERS' EQUITY

12 Months Ended

Oct. 31, 2012

STOCKHOLDERS' EQUITY

(11)         STOCKHOLDERS’ EQUITY

In September 2008, 96,000,000 shares of common stock were issued to the Company’s founder raising $9,000.

In March 2009, the Company raised $12,000 in a registered public offering of 9,600,000 shares of common stock share pursuant to a prospectus dated January 30, 2009.

On September 29, 2009 the Company’s Board of Directors declared an 8-for-1 stock split in the form of a stock dividend that was payable in October 2009 to stockholders of record as of October 23, 2009.

The Company has accounted for this bonus issue as a stock split and accordingly, all share and per share data has been retroactively restated.