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NOTE 11 - DUE TO SHAREHOLDERS
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
NOTE 11 - DUE TO SHAREHOLDERS

NOTE 11 – DUE TO SHAREHOLDERS

 

As of December 31, 2011 and 2010, the balance due to shareholders was $326,683 and $282,727, respectively. This balance represents financing obtained from Mr. Chongliang Pu, the Chairman of the Board. All amounts are non-interest-bearing, unsecured and repayable on demand.