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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Income including noncontrolling interest $ 3,273,409 $ 13,008,857
Adjustments to reconcile income to cash including non-controlling interest provided by (used in) operating activities:    
Depreciation and amortization 1,691,187 1,626,501
Non-cash equity-based compensation 2,413,992 1,688,372
Provision for inventory obsolescence (108,096) 0
Provision on accounts receivable 703,994 87,588
Loss on disposal of fixed assets 8,529 60,573
Impairment for goodwill 1,033,762 0
Changes in deferred tax assets 50,421 350,429
Changes in operating assets and liabilities:    
Accounts receivable (20,900,645) (3,199,401)
Inventories 52,082 (359,066)
Advances to suppliers 23,720,640 8,700,946
Prepaid expenses and other assets (15,507,644) (187,436)
Accounts payable 1,805,357 (1,019,655)
Advance from customers 273,787 60,457
Related parties-net (6,828,582) (12,309,184)
Accrued expenses and other current liabilities 1,367,451 2,546,076
Net cash provided by (used in) operating activities (6,950,356) 11,055,057
Cash flows from investing activities:    
Restricted cash (1,455,083) (1,073,912)
Cash paid for long-term investments 0 (500,000)
Cash paid for acquisition of subsidiary (1,400,000) 0
Purchase of property and equipment and other long-term assets (115,368) (9,614,315)
Payment on notes receivable (305,446) (18,257)
Cash increase due to acquisition of subsidiaries 316,160 1,491,630
Net cash provided by (used in) investing activities (2,959,737) (9,714,854)
Cash flows from financing activities:    
Issuance of shares for cash 3,102,464 8,194,413
Proceeds from short-term loans 27,773,276 36,034,236
Advance to related parties (542,003) (12,154,025)
Repayment on borrowing from related parties (320,000) (23,643,764)
Proceeds from borrowings from related parties 125,000 0
Proceeds from notes payable 3,089,328 501,556
Collection on advance to related parties 939,717 4,709,255
Receipt from related parties (4,091,718) 21,353,981
Repayments on short-term loans (25,535,290) (31,465,282)
Repayments on long-term loan (9,634) 0
Net cash provided by (used in) financing activities 4,531,140 3,530,370
Effect of exchange rate changes on cash & cash equivalents 135,959 31,230
Net (decrease) increase in cash and cash equivalents (5,242,994) 4,901,803
Cash and cash equivalents, beginning balance 6,374,103 1,472,300
Cash and cash equivalents, ending balance 1,131,109 6,374,103
SUPPLEMENTARY DISCLOSURES:    
Interest paid 1,324,331 1,427,540
Income tax paid 2,812,248 92,255
Non-cash investing and financing activities    
Acquisition of 28.97% of TCB by issuing 2,462,576 shares 0 4,348,247
Acquision of 100% of Silver Tech by issuing 1,342,599 shares 0 9,590,000
Acquision of 100% of CDE by issuing 484,800 shares 1,818,000 0
Acqusition of zoom.com domain name by issuing 80,000 shares 0 349,600
Acqusition of 55% of Portables by issuing 1,494,688 shares 3,306,171 0
Shares issued to settle T-Mobile indebtedness 2,566,284 0
Note issued to CNGG as part of Portables acquisition $ 500,000 $ 0