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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Net income $ 182,278 $ 318,185
Depreciation and amortization 7,479 3,852
Unrealized (gain)/loss on investment (870) 3,136
(Increase) Decrease in accounts receivable 103,573 (307,145)
(Increase) Decrease in inventory (519,073) (53,480)
(Increase) Decrease in prepaid expenses (367,381) 8,079
(Increase) Decrease in deferred tax asset 4,400 18,054
(Increase) Decrease in other assets   (13,750)
Increase (Decrease ) in accounts payable and accrued liabilities (136,645) (158,930)
Increase (Decrease ) in deferred operating lease liability 756 11,955
Increase (Decrease ) in corporate income tax payable 72,262 18,427
NET CASH USED IN OPERATING ACTIVITIES (653,221) (151,617)
Proceeds from the sale of investment (2,016) 1,104
Purchase of fixed assets   (28,319)
NET CASH PROVIDED/(USED) BY INVESTING ACTIVITIES (2,016) (27,215)
Advances to officer (613) (9,069)
Proceeds from promissory note 372,689  
Purchase of treasury stock (961) (1,104)
Proceeds from credit line 92,440 (113,156)
NET CASH PROVIDED/(USED) BY FINANCING ACTIVITIES 463,555 (123,329)
NET DECREASE IN CASH (191,682) (302,161)
CASH, BEGINNING OF PERIOD 589,472 443,703
CASH, END OF PERIOD 397,790 141,542
Interest paid 12,530 16,910
Income taxes   $ 52,948