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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net income $ 146,418 $ 235,664
Depreciation and amortization 4,989 2,171
Unrealized (gain)/loss on investment (130) 892
(Increase) Decrease in accounts receivable 53,805 (423,537)
(Increase) Decrease in inventory (347,577) (35,217)
(Increase) Decrease in prepaid expenses 5,308 8,079
(Increase) Decrease in deferred tax asset 5,400 8,053
(Increase) Decrease in other assets   (13,750)
Increase (Decrease ) in accounts payable and accrued liabilities (29,298) (31,999)
Increase (Decrease ) in deferred operating lease liability 1,054 9,778
Increase (Decrease ) in corporate income tax payable 61,677 (6,181)
NET CASH USED IN OPERATING ACTIVITIES (98,094) (246,046)
Proceeds from the sale of investment (2,015) 1,104
Purchase of fixed assets   (11,291)
NET CASH USED IN INVESTING ACTIVITIES (2,015) (10,187)
Advances to officer (1,671) (7,702)
Purchase of treasury stock (961) (1,104)
Proceeds from credit line (383,090) (27,505)
NET CASH PROVIDED/(USED) BY FINANCING ACTIVITIES (385,722) (36,311)
NET INCREASE/(DECREASE) IN CASH (486,091) (292,544)
CASH, BEGINNING OF PERIOD 589,472 443,703
CASH, END OF PERIOD 103,381 151,159
Interest paid 5,840 9,747
Income taxes   $ 43,977