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Consolidated Statements of Stockholders' Equity (USD $)
Series A Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings
Statutory Reserve
Accumulated Other Comprehensive Income (Loss)
Total
Beginning Balance at Dec. 31, 2009 $ 15,419 $ 1,640 $ 22,347,518 $ 18,595,037 $ 1,252,980 $ 3,121,682 $ 45,334,276
Beginning Balance, (shares) at Dec. 31, 2009 15,419,088 1,640,221 0 0 0 0 0
Common stock issued for services 0 11 549,421 0 0 0 549,432
Common stock issued for services (shares) 0 11,372 0 0 0 0 0
Series A preferred converted to common shares (5,469) 182 5,287 0 0 0 0
Series A preferred converted to common shares (shares) (5,469,000) 182,300 0 0 0 0 0
Exercise of stock warrants 6,255 32 3,313,713 0 0 0 3,320,000
Exercise of stock warrants (shares) 6,255,180 31,720 0 0 0 0 0
Sale of common stock 0 10 379,990 0 0 0 380,000
Sale of common stock (shares) 0 9,500 0 0 0 0 0
Adjustment to statutory reserve 0 0 0 (405,217) 405,217 0 0
NET INCOME 0 0 0 11,074,332 0 0 11,074,332
Foreign currency translation adjustment 0 0 0 0 0 1,907,789 1,907,789
COMPREHENSIVE INCOME, TOTAL 0 0 0 0 0 0 12,982,121
Ending Balance at Dec. 31, 2010 16,205 1,875 26,595,929 29,264,152 1,658,197 5,029,471 62,565,829
Ending Balance, (shares) at Dec. 31, 2010 16,205,268 1,875,113 0 0 0 0 0
Common stock issued for services 0 21 363,668 0 0 0 363,689
Common stock issued for services (shares) 0 21,116 0 0 0 0 0
Series A preferred converted to common shares (5,916) 197 5,719 0 0 0 0
Series A preferred converted to common shares (shares) (5,916,176) 197,206 0 0 0 0 0
Exercise of stock warrants 707 4 399,289 0 0 0 400,000
Exercise of stock warrants (shares) 706,715 4,185 0 0 0 0 0
Sale of common stock 0 5 124,995 0 0 0 125,000
Sale of common stock (shares) 0 3,501 0 0 0 0 0
Common stock issued for debt 0 0 0 0 0 0 0
Shares issued for adjustments for 1:10 reverse split (Shares) 0 728 0 0 0 0 0
Adjustment to statutory reserve 0 0 0 (406,354) 406,354 0 0
NET INCOME 0 0 0 5,760,543 0 0 5,760,543
Foreign currency translation adjustment 0 0 0 0 0 2,549,278 2,549,278
COMPREHENSIVE INCOME, TOTAL 0 0 0 0 0 0 8,309,821
Ending Balance at Dec. 31, 2011 $ 10,996 $ 2,102 $ 27,489,600 $ 34,618,341 $ 2,064,551 $ 7,578,749 $ 71,764,339
Ending Balance, (shares) at Dec. 31, 2011 10,995,807 2,101,849 0 0 0 0 0