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9 - COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2012
Commitments and Contingencies Disclosure [Text Block]
9 – COMMITMENTS AND CONTINGENCIES

Inventory Purchasing

Outstanding commitments to purchase inventory from suppliers aggregated $1,950,000 as of March 31, 2012.

Investment in joint venture

Outstanding commitments to invest in Grand Shine Management aggregated $49,000 as of March 31, 2012 (see Note 5).