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Prepayment and other current assets

9 Months Ended

Sep. 30, 2012

Prepayments and other current assets [Abstract]

Prepayments and other current assets

(4) Prepayments and other current assets

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

		September 30, 2012				December 31, 2011
Prepaid AMEX annual fee		$	13,750			$	18,125
Recoverable VAT			4,096,136				4,776,962
Prepaid insurance			111,844				61,357
Prepayment for purchase of materials			75,476				206,930
Others			6,027				7,841
		$	4,303,233			$	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.

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