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LEASES

9 Months Ended

Jun. 30, 2011

Operating Leases, Income Statement [Abstract]

Operating Leases of Lessor Disclosure [Text Block]

Note 13 - LEASES

As of June 30, 2011, the Company had total future aggregate minimum lease payments under non-cancellable operating leases as follows:

	06/30/2011		09/30/2010
Within 1 year	$	173,925	$	52,254
1-2 year		173,925		-
2-3 year		173,925		-
3-4 year		173,925		-
4-5 year		144,937		-

	$	840,637	$	52,254

At June 30, 2011, the operating lease for the Company’s office premises located in PRC with monthly rental payments of $14,494 had an expiry date in April 2016. At September 30, 2010, the operating lease for the Company’s office premises located in PRC with monthly rental payments of $7,330 had an expiry date in 2011.

- Definition

The entire disclosure for operating leases of a lessor. This may inlcude a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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