| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | (212,626) | (896,394) | 1,156,956 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation |
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| | Adjustments To Net Income | 1,980,228 | 2,508,151 | (26,351) | | Changes In Accounts Receivables | (279,082) | (1,046,124) | (970,580) | | Changes In Liabilities | (356,269) | (676,063) | 61,779 | | Changes In Inventories |
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| | Changes In Other Operating Activities | (6,830,601) | 59,133 | 586,617 | | | Total Cash Flow From Operating Activities | (5,698,350) | (51,297) | 808,421 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures |
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| | Investments | (11,815,801) | (29,881,313) | (13,750,805) | | Other Cashflows from Investing Activities | 1,148,514 | (1,375,059) | (715,119) | | | Total Cash Flows From Investing Activities | (10,667,287) | (31,256,372) | (14,465,924) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (110,556) | (139,155) | (433,334) | | Sale Purchase of Stock | 151,324 | 871,391 | (357,260) | | Net Borrowings | 12,527,900 | 36,159,740 | 14,579,516 | | Other Cash Flows from Financing Activities | 284,940 | (623,498) | (8,852) | | | Total Cash Flows From Financing Activities | 12,853,608 | 36,268,478 | 13,780,070 | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | ($3,512,029) | $4,960,809 | $122,567 |
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1.48% Nasdaq 
Cash Flow
