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CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
Jun. 30, 2011
Mar. 31, 2011
Current assets:    
Cash and cash equivalent $ 16,316,460 $ 6,046,804
Prepaid accounts 5,551,348 15,602,258
Inventory 1,635,250 59,183
Total current assets 23,503,059 21,708,245
Plant, property and equipment, net 9,677,789 9,629,558
Construction in progress 213,956 211,189
Intangible assets, net 62,137,004 63,755,346
Total assets 95,531,808 95,304,338
Current liabilities:    
Accounts payable 209,871 0
Tax payable 754,647 1,634,801
Other payable 113,937 229,561
Total current liabiliites 1,078,454 1,864,362
Contingency 23,391,902 23,391,902
Total liabilities 24,470,356 25,256,264
Stockholders' Equity    
Preferred stock, par value $500.00 per share; 45 shares authorized and issued at September 30, 2010 and March 31, 2010 22,500 22,500
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 73,780,610 and 73,758,388 shares issued and outstanding at June 30, 2011 and March 31, 2011, respectively 73,780 73,758
Additional paid-in capital 36,879,643 36,868,554
Statutory reserve 956,633 956,633
Retained earnings 31,929,575 30,085,336
Accumulated other comprehensive income 1,199,321 2,041,293
Total stockholders' equity 71,061,452 70,048,074
Total liabilities and stockholders' equity $ 95,531,808 $ 95,304,338