XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and Cash Equivalents $ 1,445,375 $ 1,270,035
Short-term Investment 397,987 395,813
Other receivables 0 [1] 6,122
Due from related parties 197,649 [2] 216,167
Prepaid expenses 77,976 92,264
Inventories 99,497 101,363
Total Current Assets 2,218,484 2,081,764
Non-Current Assets    
Other non-current assets 79,881 79,873
Total Non-Current Assets 79,881 79,873
TOTAL ASSETS 2,298,365 2,161,637
Current Liabilities    
Taxes payable 290,360 [3] 248,511
Due to related parties 357,506 [2] 357,031
Accrued liabilities and other payables 52,824 58,620
Total Current Liabilities 700,690 664,162
Non-Current Liabilities    
Convertible debenture-non-current portion 1,300,000 [4] 1,300,000
Total Non-Current Liabilities 1,300,000 1,300,000
TOTAL LIABILITIES 2,000,690 1,964,162
STOCKHOLDERS' EQUITY    
Common stock US$0.01 par value; 1,000,000,000 authorized, 91,813,776 and 62,813,776 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively 918,138 [5] 628,138
Additional Paid in capital 5,360,347 4,820,347
Subscription receivable (800,000) 0
Other Comprehensive Income (334,864) (343,198)
Retained Earnings (5,002,304) (5,046,010)
Non-controlling Interest 156,358 138,198
TOTAL STOCKHOLDERS' EQUITY 297,675 197,475
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,298,365 $ 2,161,637
[1] Note 4
[2] Note 5
[3] Note 6
[4] Note 7
[5] Note 8