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NOTE 11 - DUE TO AFFILIATED COMPANIES
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
NOTE 11 - DUE TO AFFILIATED COMPANIES

NOTE 11– DUE TO AFFILIATED COMPANIES

 

As of March 31, 2012 and December 31, 2011, the balance due to affiliated companies was $2,122,919, and $2,110,848, 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.