v2.3.0.11

Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
Condensed Consolidated Statements of Cash Flows (USD $)	Jun. 30, 2011	Jun. 30, 2010
Operating activities
Net income	$ 3,122,273	$ 1,085,029
Adjustments to reconcile net income to net cash provided by operating activities:
Increase (reduction) in allowance for doubtful accounts	1,271	(612)
Depreciation of property, plant and equipment	38,967	30,744
Amortization of intangible assets and deferred financing costs	7,016	53,314
Amortization of debt discount and fair value of warrants	0	48,784
Amortization of prepaid land lease costs	27,605	0
Options issued for services	196,377	0
Changes in operating assets and liabilities:
Increase in accounts receivable	(88,501)	(7,392)
Decrease (increase) in inventory	23,753	(144,371)
(Increase) decrease in prepaid expenses and other current assets	(190,579)	10,527
Decrease in accounts payable and accrued liabilities	(197,012)	(1,880)
Net cash provided by operating activities	2,941,170	1,074,143
Investing activities
Purchase of equipment	(658)	(301,413)
Purchase of products rights	0	(118,000)
Net cash used in investing activities	(658)	(419,413)
Financing activities
Repayment of long-term debt	(4,867)	(4,471)
Net cash used in financing activities	(4,867)	(4,471)
Effect of exchange rate changes on cash and cash equivalents	309,437	68,390
Increase in cash and cash equivalents	3,245,082	718,649
Cash and cash equivalents, beginning of the priod	13,153,741	9,625,657
Cash and cash equivalents, end of the period	16,398,823	10,344,306
Supplemental Disclosures of Cash Flow Information:
Interest paid	3,562	3,714
Income taxes paid	$ 0	$ 0

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