| PERIOD ENDING | 31-Dec-08 | 31-Dec-06 | 31-Dec-05 | | Net Income | (2,043,462) | 807,838 | 727,469 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 9,248 | 171,093 | 206,882 | | Adjustments To Net Income | 3,556,759 | (134,035) | (289,290) | | Changes In Accounts Receivables | (320,319) |
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| | Changes In Liabilities | (444,996) |
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| | Changes In Inventories |
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| | Changes In Other Operating Activities | 39,318 |
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| | | Total Cash Flow From Operating Activities | 796,548 | 844,896 | 645,061 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (365,078) | (104,911) | (375,615) | | Investments | (3,072,555) | (4,024,656) | (4,637,732) | | Other Cashflows from Investing Activities | (390,692) | (385,577) | (109,789) | | | Total Cash Flows From Investing Activities | (3,828,325) | (4,515,144) | (5,123,136) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (327,820) | (261,535) | (214,788) | | Sale Purchase of Stock | 1,611,962 | 42,251 | 60,911 | | Net Borrowings | (3,225,437) | 1,257,658 | 3,772,730 | | Other Cash Flows from Financing Activities | 4,222,967 | 2,702,781 | 1,285,435 | | | Total Cash Flows From Financing Activities | 2,281,672 | 3,741,155 | 4,904,288 | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | ($750,105) | $70,907 | $426,213 |
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1.48% Nasdaq 
Cash Flow
