AMOUNT DUE FROM (TO) DIRECTORS
 3 Months Ended
Mar. 31, 2012
AMOUNT DUE FROM (TO) DIRECTORS

7 — AMOUNT DUE FROM (TO) DIRECTORS

 

At March 31, 2012 and December 31, 2011, amount due from (to) directors consisted of:

  

    March 31,     December 31,  
    2012     2011  
    (Unaudited)        
             
Amount due from Directors   $ 577,801     $ 758,033  

 

Amount due from directors represented advance to the directors for expenses paid on behalf of the Company.

 

    March 31,     December 31,  
    2012     2011  
    (Unaudited)        
Amount due to Directors   $ 0     $ 11,959  

 

Amount due to directors represented prepayment by the directors for expenses on behalf of the Company.