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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities:    
Net income $ 25,919,085 $ 17,868,942
Adjustments to reconcile net income to operating activities:    
Depreciation 383,846 363,567
Amortization 569,643 435,653
Warrants issued for service (319,327) 342,770
Share Compensation 136,000 31,462
Forgiven Rent 1,028,781 367,224
Deferred tax assets (136,093)  
Changes in assets and liabilities:    
(Increase)Decrease in trade receivables (794,722) 3,814,889
(Increase)Decrease in due from related parties 29,539 (28,300)
(Increase) Decrease in inventory, net (4,543,566) 423,480
Decrease in prepayments 0 89,397
(Increase) in other receivables, net (6,464,282) (94,232)
Decrease in accounts payable (5,017) (44,546)
Increase(Decrease) in tax payable 4,753,483 (145,371)
Increase in accrued employee benefits 400,691 442,040
(Decrease) increase in other payable 181,646 (31,413)
Net cash provided by operating activities 21,139,707 23,835,562
Cash flows from investing activities:    
Deposits for land use right and properties (21,464,985) (3,944,749)
Deposits for patents (11,299,782) (717,926)
Construction in progress (1,893,518)  
Purchase of property and equipment (5,891) (36,473)
Net cash used in investing activities 34,664,176 4,699,148
Cash flows from financing activities:    
Net cash provided by financing activities 0 0
Effect of exchange rate changes on cash 981,910 578,214
Net increase (decrease) in cash (12,542,559) 19,714,628
Cash, beginning of year 27,826,142 8,111,514
Cash, end of year 15,283,583 27,826,142
Supplemental disclosure of cash flow information:    
Cash paid during the year for income taxes 0 0
Interest paid during the year $ 0 $ 0