XML 26 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Sales    
Sales $ 89,554 $ 43,375
Cost of Sales    
Cost of sales 65,948 33,219
Gross profit 23,606 10,156
Operating expenses:    
Selling and distribution expenses 30,928 34,482
General and administrative expenses 336,272 166,702
Total operating expenses 367,200 201,184
Loss from operations (343,594) (191,028)
Other income (expense):    
Interest expense (45,763) 34
Gain on financial instruments 0 14,588
Other expenses 621 (177)
Total other income (expense) (45,142) 14,445
Loss before income taxes (388,736) (176,583)
Provision for income taxes 10 203
Net loss (388,746) (176,786)
Less: net loss attributable to noncontrolling interest (25,213) (13,484)
Net loss attributable to China Water Group, Inc. $ (363,533) $ (163,302)
Basic loss per share $ 0 $ (.01)
Diluted loss per share $ 0 $ (.01)
Weighted average number of common shares outstanding    
Basic 169,133,450 160,869,561
Diluted 169,133,450 160,869,561