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Note 1 - Description of Business
6 Months Ended
Mar. 31, 2018
Notes  
Note 1 - Description of Business

NOTE 1 – DESCRIPTION OF BUSINESS

 

We incorporated our Company on July 31, 2015 in the State of Florida under the name “La Veles Inc.” We changed our name to Capax Inc. (“Capax” “the Company”) on February 8, 2017. When we began, our primary planned business objective was to package, market and distribute an infection healing cream for dairy animals. We terminated those objectives and changed the name of the Company to Capax Inc. and currently focusing on setting up a chain of bakery-cafes that we hope to franchise in the future. On May 8, 2018 the Company acquired 100% of Reborn Holding Inc., (“RB”) that operates a wholesale coffee business along with two retail coffee shops in exchange for newly issued shares of Capax Inc., that gave the owners of RB 95% ownership of Capax Inc.