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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Sep. 30, 2011
Cash and cash equivalents $ 56,661 $ 92,796
Accounts receivable, net 8,412 0
Inventory, net of reserve 246,086 111,339
Advance to suppliers 29,035 0
Prepaid expense and other receivables 27,046 78,123
Employee advances, net 0 2,006
Total current assets 367,240 284,264
Property, plant and equipment, net 25,620,557 21,667,629
Land use rights, net 1,018,256 1,028,475
Total other assets 1,018,256 1,028,475
Total Assets 27,006,053 22,980,368
Accounts payable 400,220 56,076
Short term loans 3,186,371 3,233,528
Taxes payable 120,049 97,358
Construction security deposits 26,649 88,547
Due to related parties 4,200,314 1,399,255
Accrued expenses and other payables 391,608 503,756
Total current liabilities 8,325,211 5,378,520
Long term loans 2,661,078 547,485
Due to related parties 1,385,315 1,781,609
Derivative liabilities-warrants 363,958 1,545,098
Total long term liabilities 4,410,351 3,874,192
Total Liabilities 12,735,562 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 September 30, 2012 and 2011, respectively 3,906 3,136
Additional paid-in-capital 13,689,967 11,306,806
Accumulated other comprehensive income 2,054,715 1,809,418
Retained earnings (accumulated deficit) (1,478,097) 608,296
Total Stockholders' Equity 14,270,491 13,727,656
Total Liabilities and Stockholders' Equity $ 27,006,053 $ 22,980,368