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11. DEFERRED REVENUE

9 Months Ended

Sep. 30, 2012

Deferred Revenue Disclosure [Abstract]

The following table represents the balance of deferred revenue that has not yet been recognized under the Company’s revenue recognition policies:

	September 30,			September 30,
	2012			2011

Jinkuizi Science & Technology Company		-			(45,000	)

Alpha Green Energy Company		-			(112,212	)

Kaida Road Construction Company		(73,000	)		(73,000	)

Huang Wei Pharmaceutical Company		-			(9,559	)

AREM Pacific Corporation		(92,985	)		(50,485	)

Dwarf Technologies		(75,814	)		(75,813	)

LongWen		(10,035	)		-

Wonder International		(2,614,943	)		-

Deferred Revenue		(2,866,777	)		(366,069	)

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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