CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	Preferred Stock Series A	Common shares	Additional paid-in capital	Statutory Reserve	Accumulated OCI	Retained Earnings
Beginning Balance at Mar. 31, 2012	$ 41,690,997	$ 22,500	$ 73,780	$ 36,879,643	$ 956,633	$ 3,341,156	$ 417,285
Beginning Balance (in shares) at Mar. 31, 2012		45	73,780,610
Issuance of common shares to independent directors (in shares)			50,000
Issuance of common shares to independent directors	5,000		50	4,950
Net income for the year	2,252,710						2,252,710
Foreign currency translation adjustment	(40,878)					(40,878)
Ending Balance at Jun. 30, 2012	$ 43,907,829	$ 22,500	$ 73,830	$ 36,884,593	$ 956,633	$ 3,300,278	$ 2,669,995
Ending Balance (in shares) at Jun. 30, 2012		45	73,830,610