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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW (USD $)
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows From Operating Activities:    
Net income $ 2,252,710 $ 1,236,152
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 398,887 2,050,602
Issue of common shares as compensation 5,000  
Changes in operating assets and liabilities:    
Inventory (781,616) (1,576,067)
Advance to suppliers 0  
Accounts receivable 115,938  
Accounts payable   209,871
Taxes payable (623,353) (646,397)
Accrued expenses and other payables (72,654) (115,624)
Net cash provided by (used in) operating activities 1,294,912 1,158,537
Cash flows from investing activities:    
Addition to plant and equipment (1,914) (77,596)
Prepayment/(deposit) to Jining Tianruitong for purchase of patents   10,030,688
Net cash provided by (used in) investing activities (1,914) 9,953,092
Effect of exchange rate changes on cash and cash equivalents 111,099 (841,973)
Net increase (decrease) in cash and cash equivalents 1,404,097 10,269,656
Cash and cash equivalents at beginning of period 22,146,240 6,046,804
Cash and cash equivalents at ending of period 23,550,337 16,316,460
Cash paid during the periods for:    
Interest 28,031.00 81.00
Income taxes 1,366,579 1,936,972
Non-cash financing activities:    
Stock issued for services $ 5,000 $ 11,111