Pledged Deposits

3 Months Ended

Dec. 31, 2011

Pledged Deposits [Text Block]

2.      Pledged Deposits

Pledged deposits as of September 30, 2011 and December 31, 2011 consisted of the following:

		September 30,		December 31,
		2011		2011
Pledged deposits with banks for:
Construction payable	$	4,170,122	$	3,407,616
Bills payable		1,555,465		1,575,279
	$	5,725,587	$	4,982,895

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