Property and Equipment

6 Months Ended

Jun. 30, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 - PROPERTY AND EQUIPMENT

At June 30, 2011 and December 31, 2010, property and equipment consist of the following:

	Useful Life	June 30, 2011			December 31, 2010
Office equipment and furniture	5 Years	$	183,998		$	127,522
Manufacturing equipment	5 – 10 Years		52,159,999			42,473,873
Vehicles	5 Years		122,303			119,569
Construction in progress	-		15,844			3,837,975
Building and building improvements	20 Years		17,387,323			16,998,647
			69,869,467			63,557,586
Less: accumulated depreciation			(11,552,505	)		(8,814,593	)
		$	58,316,962		$	54,742,993

For the six months ended June 30, 2011 and 2010, depreciation expense amounted to $2,503,759 and $1,200,642, of which $2,082,964 and $1,039,627 is included in cost of sales, for the six months ended June 30, 2011 and 2011, respectively.  Depreciation is not taken during the period of construction or during the period of equipment.  Upon completion of the installation of equipment or any construction in progress, construction in progress balances will be classified to their respective property and equipment category.