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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net Income (Loss) $ (1,155,412) $ 2,947,047
Provision for (recovery of) doubtful accounts (35,288) 4,842
Loss on private placement 0 0
Change of fair value of derivative liabilities (1,010,776) (2,377,293)
Impairment loss from property, plant and equipment 0 2,138,597
Depreciation and amortization 642,213 505,757
Stock based compensation expense 348,205 398,400
Imputed interest expense for non interest bearing related party loans 77,306 0
(Increase) decrease in accounts receivable and other receivable 2,967 124,465
(Increase) decrease in inventory (164,423) 106,961
(Increase) decrease in notes receivable (15,798) 0
(Increase) decrease in employee advances 9,361 (775)
(Increase) decrease in advances to suppliers (59,130) (296,925)
(Increase) decrease in prepaid expense and other expenses 78,444 (126,624)
(Increase) decrease in related party receivables (270,050) 228,017
Increase (decrease) in accounts payable (37,580) 15,058
Increase (decrease) in construction security deposits (41,709) (1,520)
Increase (decrease) in taxes payable (22,472) (160,650)
Increase (decrease) in advances from customers 16,342 0
Increase (decrease) in accrued expenses and other payables 23,468 8,015
Cash provided by (used in) operating activities (1,614,332) 3,513,372
Additions to property and equipment (2,044,862) (5,605,786)
Cash used in investing activities (2,044,862) (5,605,786)
Long term loans from related parties 1,537,132 22,759
Short term loan from related parties, net 794,727 860,150
Short term loans from third parties 1,476,310 1,216,092
Repayment of Long term loans (97,981) (66,885)
Cash provided by financing activities 3,710,188 2,032,116
Effect of exchange rate changes on cash (656) 56,602
Increase (decrease) in cash and cash equivalents 50,338 (3,695)
Cash and Cash Equivalents - Beginning of the period 92,796 498,563
Cash and Cash Equivalents - End of the period 143,134 494,868
Interest expense 621,151 7,249
Income taxes 0 663,661
Common stock issued to investor for not reaching earnings target 3 0
Common stock issued for service 348,205 0
Common stock issued for loan settlement $ 1,869,907 $ 0