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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Sep. 30, 2011
Cash $ 143,134 $ 92,796
Accounts receivable, net 24,553 0
Notes receivable 15,735 0
Inventory 275,622 111,339
Advance to suppliers 58,895 0
Prepaid expense and other receivables 13 78,123
Due from related party 268,981 0
Employee advances, net 0 2,006
Total current assets 786,933 284,264
Property, plant and equipment, net 23,183,714 21,667,629
Land use rights, net 1,013,700 1,028,475
Total other assets 1,013,700 1,028,475
Total Assets 24,984,347 22,980,368
Accounts payable 18,902 56,076
Advance from customer 16,277 0
Short term loans 3,458,709 3,233,528
Taxes payable 75,422 97,358
Construction security deposits 47,409 88,547
Due to related parties 1,507,050 1,399,255
Accrued expenses and other payables 529,444 503,756
Total current liabilities 5,653,213 5,378,520
Long term loans 452,405 547,485
Due to related parties 3,320,838 1,781,609
Warrant liabilities 534,322 1,545,098
Total long term liabilities 4,307,565 3,874,192
Total Liabilities 9,960,778 9,252,712
Commitment and Contingencies 0 0
Common stock, $0.0001 par value, 200,000,000 shares authorized; 39,061,840 and 31,362,130 shares issued and outstanding as of June 30, 2012 and Sep 30, 2011, respectively 3,906 3,136
Additional paid-in-capital 13,681,455 11,306,806
Accumulated other comprehensive income 1,885,324 1,809,418
Retained earnings (accumulated deficit) (547,116) 608,296
Total American Nano Stockholders' Equity 15,023,569 13,727,656
Total Liabilities and Stockholders' Equity $ 24,984,347 $ 22,980,368