XML 47 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net loss $ (298,389) $ (259,920)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Other Income (Expense) Equity earnings (loss) on MIT China Joint Venture (134,490) (104,607)
Depreciation and amortization expense 65,394 64,272
Common stock issued for services      
Related party payables settle by common stock      
Capitalization of related party debts      
Changes in:    
Accounts receivable 17,822 27,314
Inventories (5,821) 23,553
Prepaid expenses 10,020 6,512
Accounts payable and accrued liabilities 33,323 (36,470)
Deferred income (43,292) 138,864
Net cash used by operating activities (86,453) 68,732
Cash flows from investing activities:    
Acquisition of patents (3,840) (17,040)
Investment in MIT China joint venture      
Tooling and machinery    (48,671)
Net cash used by investing activities (3,840) (65,711)
Cash flows from financing activities:    
Bank line (101,660) 23,345
Bank loans (30,707) 50,330
Proceeds from issuance of stock, net    63,340
Increase in amounts due to related parties    (152,722)
Issuance of notes payable      
Repayment on notes payable      
Net cash provided from financing activities (132,367) (15,707)
Effect of exchange rates 2,651 1,797
Increase (decrease) in cash (220,009) (10,889)
Cash, beginning of period 303,497 10,889
Cash, end of period 83,488   
Supplemental disclosure of cash flow information:    
Cash paid for interest 8,852 35,024
Cash paid for federal income taxes      
Supplemental disclosure of non-cash transactions    
Common stock issued for debt reductions