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9 - COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2012
Commitments and Contingencies Disclosure [Text Block]
9 – COMMITMENTS AND CONTINGENCIES

Inventory Purchasing

Outstanding commitments to purchase inventory from suppliers aggregated $1,980,000 as of June 30, 2012.

Investment in joint venture

Outstanding commitments to invest in Grand Shine Management aggregated $49,000 as of June 30, 2012 (see Note 5).