v2.4.0.6
Consolidated Statements Of Stockholders' Equity (USD $)
|
Total
|
Series A Preferred Stock
|
Common Stock
|
Additional Paid-in Capital
|
Retained Earnings
|
Statutory Reserve
|
Accumulated Other Comprehensive Income
|
Beginning Balance at Dec. 31, 2010 |
$ 62,565,829 |
$ 16,205 |
$ 1,875 |
$ 26,595,929 |
$ 29,264,152 |
$ 1,658,197 |
$ 5,029,471 |
Beginning Balance, Shares at Dec. 31, 2010 |
|
16,205,268 |
1,875,113 |
|
|
|
|
Common stock issued for services |
363,689 |
|
21 |
363,668 |
|
|
|
Common stock issued for services, Shares |
|
|
21,116 |
|
|
|
|
Series A preferred converted to common shares |
|
(5,916) |
197 |
5,719 |
|
|
|
Series A preferred converted to common shares, Shares |
|
(5,916,176) |
197,206 |
|
|
|
|
Exercise of stock warrants |
400,000 |
707 |
4 |
399,289 |
|
|
|
Exercised, Number of Warrants |
|
706,715 |
4,185 |
|
|
|
|
Sale of common stock |
125,000 |
|
5 |
124,995 |
|
|
|
Sale of common stock, Shares |
|
|
3,501 |
|
|
|
|
Shares issued for adjustments for 1:10 reverse split, Shares |
|
|
728 |
|
|
|
|
Adjustment to statutory reserve |
|
|
|
|
(406,354) |
406,354 |
|
Net income for the year |
5,760,543 |
|
|
|
5,760,543 |
|
|
Foreign currency translation adjustment |
2,549,278 |
|
|
|
|
|
2,549,278 |
Balance at Dec. 31, 2011 |
71,764,339 |
10,996 |
2,102 |
27,489,600 |
34,618,341 |
2,064,551 |
7,578,749 |
Balance, Shares at Dec. 31, 2011 |
|
10,995,807 |
2,101,849 |
|
|
|
|
Common stock issued for services |
441,146 |
|
121 |
441,025 |
|
|
|
Common stock issued for services, Shares |
|
|
121,053 |
|
|
|
|
Series A preferred converted to common shares |
|
(13,198) |
440 |
12,758 |
|
|
|
Series A preferred converted to common shares, Shares |
|
(13,197,389) |
439,912 |
|
|
|
|
Series A preferred issued for warrant modification |
235,133 |
2,202 |
|
232,931 |
|
|
|
Series A preferred issued for warrant modification, Shares |
|
2,201,582 |
|
|
|
|
|
Exercise of stock warrants |
198,142 |
|
73 |
198,069 |
|
|
|
Exercised, Number of Warrants |
|
|
73,386 |
|
|
|
|
Sale of common stock - related parties |
612,903 |
|
158 |
612,745 |
|
|
|
Sale of common stock - related parties, Shares |
|
|
157,966 |
|
|
|
|
Shares issued for adjustments for 1:10 reverse split, Shares |
|
|
420 |
|
|
|
|
Adjustment to statutory reserve |
|
|
|
|
(415,187) |
415,187 |
|
Net income for the year |
4,198,580 |
|
|
|
4,198,580 |
|
|
Foreign currency translation adjustment |
543,415 |
|
|
|
|
|
543,415 |
Balance at Dec. 31, 2012 |
$ 77,993,658 |
|
$ 2,894 |
$ 28,987,128 |
$ 38,401,734 |
$ 2,479,738 |
$ 8,122,164 |
Balance, Shares at Dec. 31, 2012 |
|
|
2,894,586 |
|
|
|
|
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