| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | (5,609,248) | (3,248,157) | 875,911 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | (33,607) | 3,938 | 6,153 | | Adjustments To Net Income | 3,105,009 | 3,948,312 | 34,140 | | Changes In Accounts Receivables |
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| (9,538) |
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| | Changes In Liabilities | 1,114,795 | 189,712 | 40,009 | | Changes In Inventories |
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| | Changes In Other Operating Activities |
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| 61,117 | (53,080) | | | Total Cash Flow From Operating Activities | (1,423,051) | 945,384 | 903,133 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures |
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| | Investments | 5,126,876 | (1,424,782) | (1,512,858) | | Other Cashflows from Investing Activities | 122,820 | 6,595 | 753 | | | Total Cash Flows From Investing Activities | 5,249,696 | (1,418,187) | (1,512,105) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (15,804) | (79,566) | (69,910) | | Sale Purchase of Stock | 1,880,942 | (428,168) | (69,188) | | Net Borrowings | (5,694,055) | 1,070,709 | 734,500 | | Other Cash Flows from Financing Activities | (13,850) | 1,893 | 17,819 | | | Total Cash Flows From Financing Activities | (3,842,767) | 564,868 | 613,221 | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | ($16,122) | $92,065 | $4,249 |
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1.48% Nasdaq 
Cash Flow
