XML 15 R26.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONCENTRATION OF CREDIT RISK
9 Months Ended
Sep. 30, 2010
CONCENTRATION OF CREDIT RISK 
CONCENTRATION OF CREDIT RISK
Note 20 - Concentration of Credit Risk

As of September 30, 2011 and December 31, 2010, 100% of the Company's cash included cash on hand and deposits in accounts maintained within the PRC where there is currently no rule or regulation in place for obligatory insurance to cover bank deposits in the event of bank failure. However, the Company has not experienced any losses in such accounts and believes it is not exposed to any risks on its cash in bank accounts.

For the nine months ended September 30, 2011 and Dec 31, 2010, all of the Company's sales arose in the PRC. In addition, all accounts receivable as of September 30, 2011 and December 31, 2010 were due from customers located in the PRC.

As of September 30, 2011 and December 31, 2010, no single customer accounted for more than 10% of the company's accounts receivable.