CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues
Commission income	$ 1,457,970	$ 1,714,464	$ 2,858,176	$ 3,236,816
Consulting income		24,613	13,896	67,452
Website advertising	5,083	5,083	7,000	7,000
Enrollment fee income	868	2,586	4,099	5,778
Total revenues	1,463,921	1,746,746	2,883,208	3,317,046
Operating Expenses
Salaries	647,290	641,898	1,363,201	1,189,685
Travel expenses	77,253	123,442	211,290	199,541
Rents	199,477	133,290	362,506	264,320
Bad debt expenses	5,008	55,315	14,842	39,332
Depreciation and amortization	18,441	22,388	113,902	44,689
Other general and administrative	326,370	224,997	493,834	440,900
Total Operating Expenses	1,273,839	1,201,330	2,559,575	2,178,467
Income from Operations	190,082	545,416	323,633	1,138,579
Other (Expense) / Income
Interest income	1,043	973	2,038	1,783
Investment income	3,185	3,037	8,065	7,065
Other revenues	12,772	26,818	17,677	49,337
Loss on disposal of fixed asset	0	(28,571)	(5,450)	(28,571)
Total Other (Expense) / Income	17,000	2,257	22,330	29,614
Income before provision for Income Taxes	207,082	547,673	345,963	1,168,193
Provision for Income Taxes	59,609	93,997	80,827	217,766
Net Income	147,473	453,676	265,136	950,427
Less: Net income attributable to the noncontrolling interest	(26,124)	(25,571)	(67,023)	(53,128)
Net Income attributable to ALCO, Inc.	121,349	428,105	198,113	897,299
Other Comprehensive Income (loss)
Unrealized gain (loss) on marketable securities	49	(20,403)	42,770	(11,629)
Foreign currency translation adjustments	(1,497)	10,503	3,902	15,282
Comprehensive Income	146,025	443,776	311,808	954,080
Less: comprehensive income attributable to non-controlling interest	(26,124)	(25,571)	(67,023)	(53,128)
Comprehensive Income attributable to ALCO. Inc.	$ 119,901	$ 418,205	$ 244,785	$ 900,952
Basic and Fully Diluted Earnings per Share	$ 0.01	$ 0.04	$ 0.02	$ 0.09
Weighted average shares outstanding	10,342,000	10,345,824	10,343,055	10,343,923