v2.4.0.6

Note 11 - Geographical Sales

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

Note 11 – Geographical Sales

Geographical distribution of sales is as follows:

		Six Months Ended								Three Months Ended
		June 30,								June 30,
Geographical Areas		2012				2011				2012				2011
China		$	94,809,315			$	44,581,539			$	45,006,010			$	29,174,799
South America			-				9,523,576				-				4,296,996
Asia			65,798				8,298,692				-				2,534,005
Europe			-				4,937,251				-				2,218,883
Middle East			-				8,325,845				-				5,137,179
North America			-				3,474,092				-				1,328,163
Africa			-				662,835				-				437,659
		$	94,875,113			$	79,803,830			$	45,006,010			$	45,127,684

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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