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LINKWELL CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash $ 669,381  
Accounts receivable, net of allowance for doubtful accounts 2,588,599  
Accounts receivable -related parties, net of allowance for doubtful accounts 10,446,862  
Due from related party 1,110,103  
Other receivables, net of allowance for doubtful accounts 5,045,772  
Prepaid expenses and other current assets 697,287  
Inventories, net of allowance for doubtful accounts 2,571,269  
Total Current Assets 23,129,273  
Deferred compensation 401,452  
Investment 1,283,231  
Property, plant and equipment, net 2,450,016  
Real property and mineral rights 14,250,000 14,250,000
Prepaid for land use right 606,898  
Intangible assets 282,506  
Total Assets 42,403,376 14,250,000
CURRENT LIABILITIES:    
Loans payable 1,588,739  
Accounts payable and accrued expenses 3,678,868 5,000
Note payable - Current due 5,625,000 5,625,000
Advance from customers 366,376  
Taxes payable 175,318  
Other payables 90,526  
Due to related parties 1,743,737  
Total Current Liabilities 13,268,564 5,630,000
Note payable - long term 5,625,000 5,625,000
Total Liabilities 18,893,564 11,255,000
SHAREHOLDERS' EQUITY:    
Preferred stock ($0.0005 par value; 10,000,000 shares authorized, 9,581,973 and 0 shares issued and outstanding at March 31,2012 and December 31, 2011 respectively) 4,791 4,791
Common stock ($0.0005 par value, 150,000,000 shares authorized; 119,605,475 and 0 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively.) 59,803  
Additional paid-in capital 22,771,296 3,108,154
Retained earnings (139,615) (117,945)
Total Linkwell Corporation Shareholders' Equity 22,696,275 2,995,000
Noncontrolling Interest 813,537  
Total Shareholders' Equity 23,509,812 2,995,000
Total Liabilities and Shareholders' Equity $ 42,403,376 $ 14,250,000