ACCOUNTS RECEIVABLE - Note 5

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

ACCOUNTS RECEIVABLE - Note 5

NOTE 5 - ACCOUNTS RECEIVABLE

As of September 30, 2012 and December 31, 2011, the Company's accounts receivable consisted of the following:

	September 30,		December 31,
	2012		2011
	(Unaudited)
Accounts receivable	$	85,298,928	$	49,798,505
less: Allowance for doubtful accounts		(1,557,083)		(827,956)
Accountants receivable, net	$	83,741,845	$	48,970,549