SETTLEMENT RELATING TO PRIOR ACQUISITION

12 Months Ended

Dec. 31, 2012

Business Combinations [Abstract]

Note 6. SETTLEMENT RELATING TO PRIOR ACQUISITION

 Pursuant to an agreement between the Company and Shaanxi Xirui Co., Ltd., the former owner of Shaanxi Qiyiwangguo Modern Organic Food., Co., Ltd., the Company agreed to pay RMB 3 million (approximately $481,000) as additional consideration relating to the acquisition of 21.05% in Shaanxi Qiyiwangguo Modern Organic Food., Co., Ltd.   Since the agreement was entered into  subsequent to the measurement date to record the fair value of the acquisition, this payment has been recorded as an expense in the accompanying consolidated statement of comprehensive income for the year ended December 31, 2012.