| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | (410,579) | (1,290,299) | 582,172 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 16,188 | 19,334 | 36,996 | | Adjustments To Net Income | (1,538,550) | 572,928 | (92,762) | | Changes In Accounts Receivables | (585,335) |
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| | Changes In Liabilities | 2,193,405 | 1,071,408 | 202,829 | | Changes In Inventories |
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| | Changes In Other Operating Activities | (8,945) | (71,576) | (240,744) | | | Total Cash Flow From Operating Activities | (333,816) | 301,795 | 488,491 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (3,650) | (3,764) | (15,407) | | Investments | 312,453 | (615,956) | (109,398) | | Other Cashflows from Investing Activities |
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| 271,193 | (70,075) | | | Total Cash Flows From Investing Activities | 308,803 | (348,527) | (194,880) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (3,666) | (6,430) | (6,531) | | Sale Purchase of Stock |
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| 2,458 | (236,695) | | Net Borrowings | (87,200) | 200,000 |
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| | Other Cash Flows from Financing Activities |
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| 5,517 | 4,777 | | | Total Cash Flows From Financing Activities | (90,866) | 201,545 | (238,449) | | Effect Of Exchange Rate Changes | (5,860) | (11,927) | (5,108) | | | Change In Cash and Cash Equivalents | ($121,739) | $142,886 | $50,054 |
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1.48% Nasdaq 
Cash Flow
