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CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Sales $ 1,872,034 $ 3,783,220
Cost of sales 1,768,154 3,430,156
Gross profit 103,880 353,064
General and administrative expenses 688,019 900,781
Selling expenses 56,898 70,273
Research and development expenses 155,570 30,810
TOTAL OPERATING EXPENSES 900,487 1,001,864
OPERATING LOSS (796,607) (648,800)
Interest income - related party   837,359
Interest expenses, net of interest income (138,896) (94,189)
Loss in equity in Joint Venture (108,597) (111,843)
LOSS BEFORE INCOME TAXES (1,044,100) (17,473)
Income tax credit   (97,066)
NET INCOME (LOSS) (1,044,100) 79,593
Foreign currency translation adjustment 28,950 186,139
COMPREHENSIVE INCOME (LOSS) $ (1,015,150) $ 265,732
Basic and Diluted Loss per common share $ (0.02) $ 0.00
Weighted average number of common share outstanding Basic and diluted 49,377,038 51,091,546