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Prepayment and other current assets

3 Months Ended

Mar. 31, 2012

Prepayment and other current assets

(4) Prepayment and other current assets

Prepayment and other current assets consisted of the following as of March 31, 2012 and December 31, 2011:

		March 31,				December 31,
		2012				2011
Prepaid annual fees		$	27,500			$	18,125
Recoverable VAT			4,320,321				4,776,962
Prepaid insurance			-				61,357
Prepayment for purchase of materials			295,480				206,930
Others			4,775				7,841
		$	4,648,076			$	5,071,215

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- Definition

The disclosure describes the Company's prepaid and other current assets.

+ References

No definition available.

+ Details

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Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration