NOTE 9 - ACCRUED EXPENSES

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

NOTE 9 - ACCRUED EXPENSES

Note 9 – Accrued Expenses

Accrued expenses as of September 30, 2011 and December 31, 2010 consist of the following:

	September 30, 2011	December 31, 2010
City maintenance construction tax and value added tax	$     27,552	$      14,271
Contribution for employee welfare plan	38,178	41,220
Registration right liability	1,324,735	1,324,735
Total	$1,390,465	$1,380,226