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LINKWELL CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 978,247  
Accounts receivable, net of allowance for doubtful accounts 3,245,771  
Accounts receivable -related parties, net of allowance for doubtful accounts 12,201,611  
Due from related party 957,821  
Other receivables, net of allowance for doubtful accounts 5,250,009 0
Prepaid expenses and other current assets 692,152  
Inventories, net 2,581,713  
Total Current Assets 25,907,324  
Deferred Compensation 297,151  
Investment 1,277,861  
Property, plant and equipment, net 2,544,098  
Real property and mineral rights 14,250,000 14,250,000
Prepaid for land use right 602,429  
Intangible assets 231,141  
Total Assets 45,110,004 14,250,000
CURRENT LIABILITIES:    
Loans payable 1,577,038  
Accounts payable and accrued expenses 3,854,911 5,000
Note payable - short term 5,625,000 5,625,000
Advance from customers 363,677  
Taxes payable 487,802  
Other payables 181,686  
Due to related parties 2,504,329  
Total Current Liabilities 14,594,443 5,630,000
Note payable - long term 5,325,000 5,625,000
Total Liabilities 19,919,443 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 September 30,2012 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 September 30, 2012 and December 31, 2011, respectively.) 59,803  
Additional paid-in capital 22,771,296 3,108,154
Retained earnings (deficit) 1,470,682 (117,945)
Accumulated other comprehensive loss (139,895)  
Total Linkwell Corporation Shareholders' Equity 24,166,677 2,995,000
Noncontrolling Interest 1,023,884  
Total Equity 25,190,561 2,995,000
Total Liabilities and Shareholders'Equity $ 45,110,004 $ 14,250,000