PREPAID EXPENSES AND OTHER CURRENT ASSETS

3 Months Ended

Mar. 31, 2012

Deferred Costs, Capitalized, Prepaid, and Other Assets

Other Current Assets [Text Block]

NOTE 3. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist following:

	March 31,2012		December 31,2011
Advances for purchases	$	2,059,927	$	908,760
Other receivable		236,712		92,900
Other prepaid expenses		6,353		-
Total	$	2,302,992	$	1,001,660