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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Landfill disposal fees revenue $ 1,264,354 $ 1,186,829 $ 2,497,369 $ 2,309,528
PET bottle sales revenue 760,365 4,056,923 4,064,974 4,521,978
Total Revenue 2,024,719 5,243,752 6,562,343 6,831,506
Cost of Goods Sold        
Landfill disposal fees cost of revenue 434,798 368,307 842,098 725,037
PET bottle sales cost of revenue 204,608 2,184,236 2,895,963 2,279,850
Total cost of revenues 639,406 2,552,543 3,738,061 3,004,887
Gross Profit 1,385,313 2,691,209 2,824,282 3,826,619
Selling, General and Administrative Expense 177,813 149,008 395,908 294,925
Income from operations 1,207,500 2,542,201 2,428,374 3,531,694
Other Income (expense)        
Interest income 81,253 321 178,879 23,547
Interest expense (22,357)   (46,559)  
Other income   9   (112)
Total other income, net 58,896 330 132,320 23,435
Income from Operations before Income Taxes 1,266,396 2,542,531 2,560,694 3,555,129
Provision for Income Taxes 164,424 329,911 332,426 469,184
Net Income 1,101,972 2,212,620 2,228,268 3,085,945
Other Comprehensive Income -        
Foreign currency translation gain 209,682 53,032 311,881 4,114
Comprehensive Income $ 1,311,654 $ 2,265,652 $ 2,540,149 $ 3,090,059
Basic and Diluted Income Per Share        
Basic Income Per Share $ 0.09 $ 0.18 $ 0.18 $ 0.26
Diluted Income Per Share $ 0.07 $ 0.15 $ 0.15 $ 0.21
Weighted Average Number of Common Shares Outstanding        
Basic Weighted Average Number of Common Shares Outstanding 12,683,103 12,186,074 12,641,459 12,078,590
Diluted Weighted Average Number of Common Shares Outstanding 14,970,186 14,970,186 14,970,186 14,970,186