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PURCHASE DEPOSIT - Note 8
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
PURCHASE DEPOSIT - Note 8

NOTE 8 - PURCHASE DEPOSIT

As of December 31, 2011, the Company's purchase deposit consisted of the following:

Shenzhen Wuxing Commercial & Trade Co.   $ 7,135,266
Shenzhen Nanxin Communication Equipment Co., Ltd.     785,583
Shenzhen Futian District Longchengfa Electronic Co., Ltd.     628,466
       
Total purchase deposit   $ 8,549,315

 

These three suppliers provide purchasing platforms. The purchase deposits are paid to ensure the Company is able to purchase components at competitive prices. These deposits are refundable during the normal course of business and do not represent any commitment.