CONSTRUCTION IN PROGRESS

3 Months Ended

Jan. 31, 2012

Construction In Progress [Abstract]

Construction In Progress [Text Block]

10. CONSTRUCTION-IN-PROGRESS

The total capital expenses in Construction-in-progress as of January 31, 2012 and October 31, 2011 were as follows:

	2012		2011
	US$		US$
Ah City Pharmaceutical Plant phase two		1,964,277		1,937,103

Plant and production lines currently under development at the Ah City Pharmaceutical Plant Phase Two are accounted for as construction-in-progress. Construction-in-progress is recorded at historical cost, including development expenditures, professional fees and the interest expenses capitalized during the course of construction for the purpose of financing the project. Upon readiness for use of the project, the cost of construction-in-progress is transferred to property and equipment, at which time depreciation will commence. The Company had no capitalized interest and to date has funded this construction through operations without the use of outside debt financing.  The Ah City Phase Two is expected to be completed in the end of 2013 and these amounts will be reclassified to property and equipment when it is ready to use.