INCOME TAXES

6 Months Ended

Dec. 31, 2011

INCOME TAXES

10. INCOME TAXES

The income tax provision for the six months ended December 31, 2011 and 2010 and the three months ended December 31, 2011 and 2010 are as follows:

	For the six months ended December 31,						For the three months ended December 31,
	2011			2010			2011			2010
	US$			US$			US$			US$
Current
USA		(26,879	)		(29,188	)		-			(1,000	)
China		-			-			-			-
		(26,879	)		(29,188	)		-			(1,000	)
Deferred
Allowance for doubtful accounts		48,000			-			1,000			-
Net operating loss carryforward		195,000			29,000			171,000			29,000
Valuation allowance		(192,000	)		(29,000	)		(171,000	)		(29,000	)
Net deferred		51,000			-			1,000			-
Total		24,121			(29,188	)		1,000			(1,000	)