CONTINGENCIES AND LITIGATION LIABILITIES	9 Months Ended
Sep. 30, 2011
CONTINGENCIES AND LITIGATION LIABILITIES [Text Block]	NOTE F – CONTINGENCIES AND LITIGATION LIABILITIES On June 7, 2011, Weifang Shili Hesin Engineering Equipment Co., Ltd. (the “Plaintiff”) filed a complaint against SD Chaoying at the People\'s Court of Changle County in Shandong Province, China, for alleged damages caused by SD Chaoying for not performing appropriately and completing the obligations in accordance with the agreement signed by both parties on April 28, 2011. Pursuant to the agreement, SD Chaoying agreed to transfer: (1) the rights of development, construction, and land of the #1 and #2 residential buildings for RMB 7.6 million, or $1,191,633, and (2) the 12 unsold residential units in the #3 and #4 residential buildings at a price as agreed upon. As of September 30, 2011, the Plaintiff paid $94,076 (equivalent to RMB 600,000) deposit as agreed upon, and prepaid $183,466 (equivalent to RMB 1,170,114), both of which were recorded as Other Payables under current liabilities. Plaintiff was seeking for the discharge of the original agreement signed, the return of prepayment of $183,466 (equivalent to RMB 1,170,114), repayment of the deposit plus 100% penalty, totaling $188,147 (equivalent to RMB 1,200,000), and for attorneys’ fees and costs. The Company disputed Plaintiff’s claim for a land use right certificate of underlying construction base of the #1 and #2 residential buildings, which certificate was inseparable from other part of the land and was not specifically stated in the agreement. The Company also disputed Plaintiff’s entitlement to the amounts claimed and instructed the Company’s legal counsel to contest the action, while concurrently pursuing opportunities for reasonable settlement. The case went to trial on July 7, 2011. Both plaintiff and defendant are now waiting for the verdict from the court, which is expected to be made by the end of November 2011. As of September 30, 2011, the Company has recorded an estimate of loss contingencies of $36,942 for the nine months ended September 30, 2011, which was reasonably estimated by the Company’s legal counsel. The Company recorded the estimated liability and loss contingencies according to FASB ASC 450-20-25-2 under Topic 450, “Contingencies Loss Contingencies Recognition”.

CONTINGENCIES AND LITIGATION LIABILITIES

9 Months Ended

Sep. 30, 2011

CONTINGENCIES AND LITIGATION LIABILITIES [Text Block]

NOTE F – CONTINGENCIES AND LITIGATION LIABILITIES

On June 7, 2011, Weifang Shili Hesin Engineering Equipment Co., Ltd. (the “Plaintiff”) filed a complaint against SD Chaoying at the People\'s Court of Changle County in Shandong Province, China, for alleged damages caused by SD Chaoying for not performing appropriately and completing the obligations in accordance with the agreement signed by both parties on April 28, 2011. Pursuant to the agreement, SD Chaoying agreed to transfer: (1) the rights of development, construction, and land of the #1 and #2 residential buildings for RMB 7.6 million, or $1,191,633, and (2) the 12 unsold residential units in the #3 and #4 residential buildings at a price as agreed upon. As of September 30, 2011, the Plaintiff paid $94,076 (equivalent to RMB 600,000) deposit as agreed upon, and prepaid $183,466 (equivalent to RMB 1,170,114), both of which were recorded as Other Payables under current liabilities. Plaintiff was seeking for the discharge of the original agreement signed, the return of prepayment of $183,466 (equivalent to RMB 1,170,114), repayment of the deposit plus 100% penalty, totaling $188,147 (equivalent to RMB 1,200,000), and for attorneys’ fees and costs. The Company disputed Plaintiff’s claim for a land use right certificate of underlying construction base of the #1 and #2 residential buildings, which certificate was inseparable from other part of the land and was not specifically stated in the agreement. The Company also disputed Plaintiff’s entitlement to the amounts claimed and instructed the Company’s legal counsel to contest the action, while concurrently pursuing opportunities for reasonable settlement. The case went to trial on July 7, 2011. Both plaintiff and defendant are now waiting for the verdict from the court, which is expected to be made by the end of November 2011. As of September 30, 2011, the Company has recorded an estimate of loss contingencies of $36,942 for the nine months ended September 30, 2011, which was reasonably estimated by the Company’s legal counsel. The Company recorded the estimated liability and loss contingencies according to FASB ASC 450-20-25-2 under Topic 450, “Contingencies Loss Contingencies Recognition”.