Related Party Disclosures

3 Months Ended

Mar. 31, 2012

Related Party Transactions

Related Party Transactions Disclosure

NOTE 10 – RELATED PARTY TRANSACTIONS

Linkwell Tech’s wholly-owned subsidiary, LiKang Disinfectant, is engaged in business activities with three related parties, including ZhongYou Shanghai Jiuqing.

For the three months ended March 31, 2012, the Company recorded sales of $1,975,196 to ZhongYou. At March 31, 2012, accounts receivables from sales to ZhongYou (net of bad debt allowance) were $10,330,501 and $9,850,987.

During the three months ended March 31, 2012, the Company made $0 sales to Shanghai Jiuqing. At March 31, 2012 , accounts receivable from sales to Shanghai Jiuqing were $92,822.

As of March 31, 2012, $1,110,103 was due from related parties  LiKang Trading Co. Ltd (Hong Kong) (“LiKang Trading HK”), Shanghai Zhongyou Delivery Co., Ltd (“ZhongYou Delivery”), Shanghai LiKang Pharmaceutical Co., Ltd (“LiKang Pharmaceutical”), and Shanghai Lingkai International Trading Co., Ltd (“Lingkai Trading”), respectively, representing short-term advances and other receivables not including the receivables from sales for working capital purpose and receivable on demand.

As of March 31, 2012, $1,734,737 was due to related parties including the Company’s management and officer. As of March 31, 2012, the Company owed its management $54,000, ZhongYou $1,091,150 and other related parties $589,587.