ACCOUNTS RECEIVABLE - Note 5

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements

ACCOUNTS RECEIVABLE - Note 5

NOTE 5 - ACCOUNTS RECEIVABLE

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

	December 31, 2011		December 31, 2010
Accounts receivable	$	49,798,505	$	21,849,996
Less: Allowance for doubtful accounts		(827,956)		(109,354)
Accountants receivable, net	$	48,970,549	$	21,740,642