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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 822,495 $ 361,867
Accounts receivable (see Note 3) 2,829,121 2,199,359
Inventory (see Note 4) 3,553,134 3,361,760
Prepaid expenses 137,286 127,009
Total 7,342,036 6,049,995
Long Term 6,760,506 7,185,730
Patents (see Note 6) 191,090 200,512
Long term deposits (see Note 7) 7,740 7,893
Deferred tax asset 292,111 292,111
Total Assets 14,593,483 13,736,241
Liabilities    
Accounts payable and accrued liabilities 1,157,646 677,969
Deferred revenue 327,038 312,556
Taxes payable (86,002) 45,998
Line of credit (see Note 8) 1,775,000 1,205,000
Current portion of long term debt (see Note 9) 313,693 318,644
Total 3,429,375 2,560,167
Long Term    
Loans 1,325,465 1,407,406
Total Liabilities 4,754,840 3,967,573
Stockholders' Equity    
Capital stock Authorized 50,000,000 Common shares with a par value of $0.001 each 1,000,000 Preferred shares with a par value of $0.01 each Issued and outstanding 13,169,991 (December 31, 2011: 13,169,991) common shares 13,170 13,170
Capital in excess of par value 16,030,669 16,006,798
Accumulated other comprehensive income 497,772 574,829
Deficit (6,702,968) (6,826,129)
Total Stockholders' Equity 9,838,643 9,768,668
Total Liabilities and Stockholders' Equity $ 14,593,483 $ 13,736,241