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CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
Dec. 31, 2011
Mar. 31, 2011
Current assets:    
Cash and cash equivalent $ 18,443,850 [1] $ 6,046,804 [1]
Prepaid accounts 67,627 [1] 15,602,258 [1]
Inventory 2,483,981 [1] 59,183 [1]
Other receivable from related parties    [1]    [1]
Total current assets 20,995,458 [1] 21,708,245 [1]
Plant, property and equipment, net 9,784,841 [1] 9,629,558 [1]
Construction in progress 219,752 [1] 211,189 [1]
Intangible assets, net 51,407,574 [1] 40,560,015 [1]
Total assets 82,407,625 [1] 72,109,007 [1]
Current liabilities:    
Accounts payable    [1]    [1]
Tax payable 1,435,266 [1] 1,683,944 [1]
Other payable 4,519,903 [1] 229,561 [1]
Derivative liability 3,319,135 [1] 0 [1]
Total current liabilities 9,274,304 [1] 1,913,505 [1]
Stockholders' Equity    
Preferred stock, par value $500.00 per share; 45 shares authorized and issued at December 31, 2011 and March 31, 2011 22,500 [1] 22,500 [1]
Common stock, par value $0.001 per share; 1,000,000,000 shares authorized at December 31, 2011 and March 31, 2011; 73,780,610 and 73,758,388 shares issued at December 31, 2011 and March 31, 2011, respectively 73,780 [1] 73,758 [1]
Additional paid-in capital 36,879,643 [1] 36,868,554 [1]
Statutory reserve 956,633 [1] 956,633 [1]
Retained earnings 32,300,436 [1] 30,232,764 [1]
Accumulated other comprehensive income 2,900,329 [1] 2,041,293 [1]
Total stockholders' equity 73,133,321 [1] 70,195,502 [1]
Total liabilities and stockholders' equity $ 82,407,625 [1] $ 72,109,007 [1]
[1] restated.