INTANGIBLE ASSETS, NET

3 Months Ended

Jan. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

9.         INTANGIBLE ASSETS, NET

Intangible assets and related accumulated amortization as of January 31, 2012 and October 31, 2011 were as follows:

	2012			2011
	US$			US$
YiChun undergrowth resources		15,905,078			15,685,044
Product patents		2,544,813			2,509,607
Total		18,449,891			18,194,651
Less: Accumulated amortization		(1,244,481	)		(1,047,951	)
Intangible assets, net		17,205,410			17,146,700

The amortization expense of intangible assets incurred and recognized on our condensed consolidated statements of operations and comprehensive income during the three months ended January 31, 2012 and 2011 were as follow:

	For the three months ended January 31,
	2012		2011
	US$		US$
Amortization Expense:		180,554		35,253

The following table shows the estimated amortization expenses expected to be incurred in the next five years:

Year		Amortization Expense
	2012	$722,216
	2013	722,216
	2014	722,216
	2015	722,216
	2016	722,216
	Thereafter	13,594,330
	Total	$17,205,410