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3. INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2012

Inventories Tables

Inventories

The Company’s inventories, by major classification, are summarized as follows, as of the dates shown:

		September 30, 2012				December 31, 2011
		(unaudited)				(audited)
Winemaking and packaging materials		$	283,649			$	248,350
Work-in-progress (costs relating to unbottled wine products)			2,138,070				3,535,027
Finished goods - bottled wine			5,883,828				4,854,170
Finished goods - merchandise			259,481				206,266
Current inventories		$	8,565,028			$	8,843,813

X

- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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