Note 4 - Plant And Equipment, Net

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Table Text Block]

4. PLANT AND EQUIPMENT, NET

Plant and equipment consist of the following:

	As of December 31,
	2011			2010

Furniture, fitting and office equipment	$	95,565		$	95,089
Computer and broadcasting equipment		86,316			81,750
Exchange translation difference		142			(852	)
		182,023			175,987
Less: accumulated depreciation		(103,452	)		(89,410	)
Less: accumulated impairment		(54,116	)		(54,116	)
Less: exchange translation difference		(99	)		731

Plant and equipment, net	$	24,356		$	33,192

Depreciation expense for the years ended December 31, 2011 and 2010 was $14,773 and $78,427, respectively.

For the years ended December 31, 2011 and 2010, the Company recognized an impairment loss of $0 and $54,028 respectively after the recoverability assessment.

For the years ended December 31, 2011 and 2010, the Company identified and wrote-off obsolete plant and equipment of $0 and $62,013 respectively.

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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