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NOTE 12 - DUE TO AFFILIATED COMPANIES
9 Months Ended
Sep. 30, 2011
Notes to Financial Statements  
NOTE 12 - DUE TO AFFILIATED COMPANIES

Note 12 – Due to Affiliated Companies

 

As of September 30, 2011 and December 31, 2010, the balance due to affiliated companies was $2,098,779, and $2,034,407, respectively. This balance represents financing obtained from Guang Dong Xin Xing Mei Biology Company Limited (“Xinxingmei”). All amounts are non-interest-bearing, unsecured and repayable on demand.