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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Jul. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Schedule Of Capital Commitments In Fixed Asset [Table Text Block]

According to the agreement, we were exempted from lease payments for the underlying assets starting from May 1, 2010. 

 

Name of Fixed Asset   Purchase Date   Prepaid Amount     Remaining Amount     Total Amount  
Ah City Pharmaceutical Plant   October 2009   $ 23,712,791     $ 1,580,853     $ 25,293,644  
Schedule Of Capital Commitments In Construction-In-Progress [Table Text Block]

The project is anticipated to be finished in the year of 2013.

 

Name of Construction-in-Progress   Start Date     Paid Amount     Remaining Amount     Projected Total
Amount
 
Ah City Phase Two (Siberian Ginseng Product Industrialization)     January 2011     $ 1,952,353     $ 17,017,879     $ 18,970,232  
Schedule Of Capital Commitments In Purchased Intangible Assets [Table Text Block]

As of July 31, 2012, the Company has the following intangible assets which need our future capital commitments:

 

Name of Intangible Assets   Purchase Date   Paid Amount     Remaining Amount     Total Amount  
Patent of Ingredients and preparation for Parkinson Drug   August 2011   $ 1,359,533     $ 1,359,533     $ 2,719,066  
Patent of Ingredients and preparation for XiangDousu   August 2011     1,343,725       1,343,725       2,687,450  
Patent of Mudouye Extract   September 2011     1,897,023       1,897,023       3,794,046  
Patent of Hongdoushan Extract   September 2011     2,387,088       2,387,088       4,774,176  
Patent of Ingredients and preparation for Jizhi Pills   October 2011     2,134,151       2,134,151       4,268,302  
Yichun Undergrowth Resource Exclusive Using right   January 2011     14,227,675       1,580,853       15,808,528  
Total     $ 23,349,195     $ 10,702,373     34,051,568   
Schedule Of Advertising Contract [Table Text Block]

On January 24, 2012, the Company entered into an advertising contract with Harbin Weishi Advertising Company to advertise its products from February 1, 2012 to January 31, 2013 as shown on the following table.

 

Advertising Contract   Contract Date   Paid Amount     Remaining Amount     Total Amount  
      US$       US$        US$    
Harbin TV Weishi Advertising Company   January 2012     3,604,344       3,604,344       7,208,688  
Schedule Of Payment For Properties [Table Text Block]

The amounts to be paid in the future years are as follows:

 

Year     Payment for properties  
2012   $ 14,085,398  
2013     18,820,051  
Total   $ 32,905,449