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CONSOLIDATED BALANCE SHEET (USD $)
Mar. 31, 2011
Mar. 31, 2010
Current assets:    
Cash and cash equivalent $ 6,046,804 $ 11,911,933
Prepaid accounts 15,602,258 91,962
Inventory 59,183 324,855
Total current assets 21,708,245 12,328,750
Plant, property and equipment, net 9,629,558 5,033,596
Construction in progress 211,189 4,627,665
Intangible assets, net 40,560,015 [1] 8,093,111
Total assets 72,109,007 30,083,122
Current liabilities:    
Accounts payable 0 2,299,928
Tax payable 1,683,944 [1] 1,204,097
Other payable 229,561 267,182
Total current liabilities 1,913,505 3,771,207
Contingency 0 0
Total liabilities 1,913,505 3,771,207
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, 29,461,304 shares issued and outstanding at March 31, 2010; and 73,731,361 shares issued and outstanding at March 31, 2011. 73,758 29,461
Additional paid-in capital 36,868,554 4,138,480
Statutory reserve 956,633 956,633
Retained earnings 30,232,764 [1] 20,012,077
Accumulated other comprehensive income 2,041,293 1,152,764
Total stockholders' equity 70,195,502 26,311,915
Total liabilities and stockholders' equity $ 72,109,007 $ 30,083,122
[1] restated.