Pledged Deposits

12 Months Ended

Sep. 30, 2011

Pledged Deposits [Text Block]

3	Pledged Deposits
	Pledged deposits as of September 30, 2010 and 2011 consist of the following:

		2010		2011
Pledged deposits with banks for:
Construction payable	$	463,410	$	4,170,122
Short-term bank loans		658,508		-
Bills payable		8,303,920		1,555,465
	$	9,425,838	$	5,725,587

Deposits pledged for construction payable are generally released when the relevant constructions are completed.