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OTHER RECEIVABLES, NET
6 Months Ended
Apr. 30, 2012
Other Receivable Net [Abstract]  
Other Receivable Net [Text Block]

6.           OTHER RECEIVABLES, NET

 

The other receivables amount included in the condensed consolidated balance sheets as of April 30, 2012 and October 31, 2011 were as follows:

 

    2012     2011  
    US$     US$  
             
Advanced Siberian Ginseng payment     -       6,631,157  
Other receivables     547,132       577,554  
Less: Allowance for doubtful accounts     (387,856 )     (385,301 )
Other receivables, net     159,276       6,823,410  

 

The Company advanced Siberian Ginseng payment to two of our employees in our Dongfanghong branch, Mr. Zhao, Fengwu and Mr. Deng, Fujie before October 31, 2011 for the purchasing of Siberian Ginseng raw material in the Siberian Ginseng harvest season. There was no such advance at April 30, 2012.