XML 25 R11.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment

3 Months Ended

Dec. 31, 2011

Property, Plant and Equipment Disclosure [Text Block]

Note 4–PROPERTY, PLANT AND EQUIPMENT

The property, plant and equipment consist of the following:

	As of December 31, 2011				As of September 30, 2011

Machinery & Equipment		$	9,278,597			$	9,140,703
Plant & Buildings			12,781,705				12,624,123
Sub total			22,060,302				21,764,826

Less: Accumulated Depreciation			(1,658,376	)			(1,436,420	)
Add: Construction in Process			1,355,940				1,339,223

Property, Plant and Equipment		$	21,757,866			$	21,667,629

Depreciation expense for the three months ended December 31, 2011 and 2010 was $202,428 and $149,751, respectively.

As of December 31, 2011 and September 30, 2011, the Company’s outstanding construction in progress was $1,355,940 and $1,339,223 on the project, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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