ACCOUNTS RECEIVABLE - Note 5

6 Months Ended

Jun. 30, 2011

Notes to Financial Statements

ACCOUNTS RECEIVABLE - Note 5

NOTE 5 — ACCOUNTS RECEIVABLE

As of June 30, 2011 and December 31, 2010, the Company's accounts receivable consisted of the following:

	June 30, 2011		December 31, 2010
			(Audited)
Accounts receivable	$	34,709,549	$	21,849,996
Less: Allowance for doubtful accounts		(736,773)		(109,354)
Accountants receivable, net	$	33,972,776	$	21,740,642