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Inventories
3 Months Ended
Mar. 31, 2013
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]
Note 3. Inventories

 

Inventories consisted of the following at March 31, 2013 and December 31, 2012:

 

    March 31, 2013     December 31, 2012  
             
Finished goods   $ 6,501,521     $ 6,902,445  
Less allowance for excess and obsolete inventory     (2,238,242 )     (2,286,297 )
                 
Inventory, net   $ 4,263,279     $ 4,616,148  

 

The following is a summary of the change in the Company’s inventory valuation allowance:

 

    March 31, 2013     December 31, 2012  
             
Inventory valuation allowance, beginning of the period   $ 2,286,297     $ 709,374  
Obsolete inventory sold     (48,055 )     0  
Additional inventory provision     0       1,576,923  
                 
Inventory valuation allowance, end of period   $ 2,238,242     $ 2,286,297