CONDENSED CONSOLIDATED BALANCE SHEET (USD $)	Dec. 31, 2012	Mar. 31, 2012
Current assets:
Cash and cash equivalent	$ 27,314,507	$ 22,146,240
Accounts receivable	0	115,938
Prepaid accounts	20,916	20,887
Inventory	2,561,052	1,978,488
Total current assets	29,896,475	24,261,553
Plant, property and equipment, net	9,495,483	9,663,338
Construction in progress	220,291	219,983
Intangible assets, net	17,927,772	18,863,510
Total assets	57,540,021	53,008,384
Current liabilities:
Tax payable	424,872	1,018,543
Other payable	2,042,279	4,766,952
Total current liabilities	2,467,151	5,785,495
Derivative liabilities	0	5,531,892
Total liabilities	2,467,151	11,317,387
Stockholders' Equity
Preferred stock, par value $500.00 per share; 45 shares authorized and issued at September 30, 2012 and March 31, 2012	22,500	22,500
Common stock, par value $0.001 per share; 100,000,000 shares authorized, 29,575,523 shares issued and outstanding at December 31, 2012; and 73,780,610 shares issued and outstanding at March 31, 2012, respectively	29,575	73,780
Additional paid-in capital	4,180,183	36,879,643
Statutory reserve	956,633	956,633
Retained earnings	46,237,617	417,285
Accumulated other comprehensive income	3,646,362	3,341,156
Total stockholders' equity	55,072,870	41,690,997
Total liabilities and stockholders' equity	$ 57,540,021	$ 53,008,384