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GOODWILL
6 Months Ended
Jun. 30, 2011
GOODWILL
NOTE 8 – GOODWILL
 
The following is a summary of the changes in the carrying value of the Company’s goodwill for the six months ended June 30, 2011 and 2010. The goodwill was related to the earn-out payment made in 2010 for the Company’s 2007 acquisition of the businesses of Tong Zhi (Beijing) Consulting Service Ltd and Guangzhou Dong Li Consulting Service Ltd.
 
   
Carrying Value
 
   
2011
   
2010
 
             
Goodwill, January 1,
  $ 1,909     $ -  
Additions and adjustments
    -       1,856  
Impairments
    -       -  
Currency translation
    38       -  
Goodwill,  June 30,
  $ 1,947     $ 1,856