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Prepayment and other current assets

6 Months Ended

Jun. 30, 2012

Prepayment and other current assets

(4) Prepayment and other current assets

Prepayment and other current assets consisted of the following as of June 30, 2012 and December 31, 2011:

		June 30, 2012				December 31, 2011
Prepaid AMEX annual fee		$	20,625			$	18,125
Recoverable VAT			4,166,984				4,776,962
Prepaid insurance			167,765				61,357
Prepayment for purchase of materials			146,809				206,930
Others			4,223				7,841
		$	4,506,406			$	5,071,215

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- Definition

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

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No definition available.

+ Details

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Period Type:	duration