INTANGIBLE ASSETS, NET

6 Months Ended

Apr. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

9.         INTANGIBLE ASSETS, NET

Intangible assets and related accumulated amortization as of April 30, 2012 and October 31, 2011 were as follows:

	2012			2011
	US$			US$
YiChun undergrowth resources		15,789,058			15,685,044
Product patents		2,526,249			2,509,607
Total		18,315,307			18,194,651
Less: Accumulated amortization		(1,415,906	)		(1,047,951	)
Intangible assets, net		16,899,401			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 and six months ended April 30, 2012 and 2011 were as follow:

	For the three months ended April 30,
	2012		2011
	US$		US$
Amortization Expense:		180,195		165,753

	For the six months ended April 30,
	2012		2011
	US$		US$
Amortization Expense:		360,749		201,006

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

Year			Amortization Expense
	2012 remaining	$	360,749
	2013		721,498
	2014		721,498
	2015		721,498
	2016		721,498
	Thereafter		13,652,660
	Total	$	16,899,401