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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income (loss) $ 570,069 $ (5,124,341)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 404,123 125,563
Common stock issued for services    2,491,938
Amortization of discount on convertible notes payable 2,080,301 3,538,030
Amortization of capitalized offering costs 598,088 1,017,184
Changes in operating assets and liabilities:    
Accounts receivable (357,893) (3,150,504)
Inventories (450,057) 329,033
Note receivables - related parties 239,476 1,907,124
Deferred tax asset (285) (5,194)
Prepayments 388,393   
Other current assets (23,047) (1,221,991)
Other non-current assets 206,567   
Government grant (168,561) 273,478
Accounts payable (202,827) (78,128)
Other payables and accrued liabilities 159,035 2,393,661
Income tax payable 529,394 426,086
Net cash provided by operating activities 3,972,776 2,921,939
Investing activities:    
Increase in loans to customers and suppliers (363,325)   
Increase in other receivables (143,925) (1,156,767)
Purchases of property and equipment (799,922) (476,636)
Purchases of intangible assets (477,661)   
Increase in cash due to acquisition of China Flying    76,075
Net cash used in investing activities (1,784,833) (1,557,328)
Financing activities:    
Change in restricted cash 168,161 (698,646)
Net proceeds from issuance of convertible notes    6,522,563
Increase in bank borrowings 878,123 458,215
Net cash provided by financing activities 1,046,284 6,282,132
Effect of foreign currency translation 109,074 347,770
Net increase in cash 3,343,301 7,994,513
Cash and cash equivalents, beginning of period 7,700,156 2,222,025
Cash and cash equivalents, end of period 11,043,457 10,216,538
Supplemental disclosures of cash flow information:    
Cash paid for interest 306,803 67,405
Cash paid for income taxes $ 278,225 $ 31,562