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OTHER RECEIVABLES AND PREPAYMENTS
9 Months Ended
Sep. 30, 2011
OTHER RECEIVABLES AND PREPAYMENTS
NOTE 6
OTHER RECEIVABLES AND PREPAYMENTS

Other receivables and prepayments consisted of the following:
   
September 30,
   
December 31,
 
   
2011
   
2010
 
             
Prepaid insurance
  $ 246,500     $ -  
Other prepayments
    60,695       -  
Other receivables
    163,684       21,967  
Less: Allowance for valuation and doubtful debts
    -       -  
                 
    $ 470,879     $ 21,967