XML 11 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Statement of Operations (USD $)
3 Months Ended9 Months Ended83 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Net sales$ 0$ 0$ 0$ 0$ 93,776
Cost of sales0000(60,324)
Gross profit000033,452
Expenses     
Salaries3,7413,54611,08210,578147,605
Transportation000013,354
Office equipment00006,879
Water, electricity and gas03,593014,269136,385
Other expenses5210916729235,816
Advertisement0000556
Rent expense00003,811
Depreciation5628,7211,66426,015202,441
R & D expense000022,578
Repairs and maintenance00001,043
Gain on disposal of fixed assets0000(7,730)
Stock compensation00050,0002,400,000
Professional fees3,0003,0009,0009,00085,378
Fixed assets impairment0000669,813
Intangibles writedown0000241,639
Inventory obsolescence0000107,484
Total Expenses7,35518,96921,913110,1544,067,052
Total expenses and loss from operations(7,355)(18,969)(21,913)(110,154)(4,033,600)
Other income00007,195
Loss before provision for income tax(7,355)(18,969)(21,913)(110,154)(4,026,405)
Income tax provision00000
Net loss(7,355)(18,969)(21,913)(110,154)(4,026,405)
Less: Net loss attributable to the noncontrolling interest3,3366,1854,97119,837494,318
Net loss attributable to Chang-On International, Inc common stockholders$ (4,019)$ (12,784)$ (16,942)$ (90,317)$ (3,532,087)
Basic and Fully Diluted Loss per Share$ 0.00$ 0.00$ 0.00$ 0.00 
Weighted average shares outstanding67,307,36667,307,36667,307,36667,307,366