EIN Presswire: Organic Food Press Releases http://www.einpresswire.com/?nfcode=PRW---1 Constantly updated news and information about ein presswire. Washington, DC Chefs Nora Pouillon, Jose Andres, Todd Gray, Ellen Kassoff Gray and Rob Weland Join Veterans in Voicing Concerns about New Genetically Engineered Corn Pending Approval at the USDA http://www.einpresswire.com/article/803786-washington-dc-chefs-nora-pouillon-jose-andres-todd-gray-ellen-kassoff-gray-and-rob-weland-join-veterans-in-voicing-concerns-about-new-genetically-engineered-corn-pending-approval-at-the-usda http://www.einpresswire.com/article/803786-washington-dc-chefs-nora-pouillon-jose-andres-todd-gray-ellen-kassoff-gray-and-rob-weland-join-veterans-in-voicing-concerns-about-new-genetically-engineered-corn-pending-approval-at-the-usda Thu, 24 May 2012 19:45:55 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Washington, DC Chefs Nora Pouillon, Jose Andres, Todd Gray, Ellen Kassoff Gray and Rob Weland Join Veterans in Voicing Concerns about New Genetically Engineered Corn Pending Approval at the USDA</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><b><i>Corn created by Dow to be resistant to 2,4-D herbicide has not been tested for human safety; chefs say it threatens crops in the DC metro area, including <span class="xn-location">Maryland</span> and <span class="xn-location">Virginia</span></i></b></p> <p><span class="xn-location">WASHINGTON</span>, <span class="xn-chron">May 24, 2012</span> /PRNewswire-USNewswire/ -- Yesterday the Vietnam Veterans of America, preparing to observe the 50th anniversary of the start of the Vietnam War, called on President Obama to take strong and serious action regarding one of the newest genetically engineered crops pending approval at the USDA.  The new corn seed has been created by Dow to be resistant to Dow&#39;s herbicide product 2,4-D, an earlier formulation of which comprised 50% of the <span class="xn-location">Vietnam</span> era toxin &#34;Agent Orange.&#34;  Today in <span class="xn-location">Washington, DC</span> Nora Pouillon, chef and owner of Restaurant Nora -- America&#39;s first certified organic restaurant -- joined with other leading chefs to support the veterans and ask for the vigilance of lawmakers.</p> <p>Pouillon explained,  &#34;As chefs committed to making local and sustainable food available to <span class="xn-location">Washington</span> area residents, we are calling on the USDA, the FDA, the EPA, the Department of Health and Human Services and the White House to use all necessary caution before rushing this new invention to market.&#34; Ms. Pouillon believes this new crop highlights the lack of adequate consumer protection in our national food safety policies. &#34;American servicemen and women have a tragic history with chemicals like 2,4-D.  We are grateful that they are calling attention to how little American consumers really know about what is in our food -- and the fact that we all have a right to know.  This new genetically engineered crop has not been subjected to any independent studies for human safety, nor has it yet been approved for cultivation in any other country.  In addition, it poses a real and documented threat to the harvests of many of our wonderful specialty growers in <span class="xn-location">Maryland</span> and <span class="xn-location">Virginia</span>.&#34; </p> <p><span class="xn-person">Todd and Ellen Gray</span> of Equinox Restaurant have played a key role over many years in developing the DC region&#39;s reputation for outstanding dining with local ingredients. <span class="xn-person">Ellen Kassoff Gray</span> has written a personal letter to First Lady <span class="xn-person">Michelle Obama</span>, with whom she and her husband have collaborated on food projects. The letter concludes with Ms. Gray&#39;s request: &#34;Please use the power of your position and the strength of your integrity to ask the necessary questions about this new corn invention. Encourage independent analysis and testing over at least several years so we don&#39;t rush to a decision. We have a right to know with more certainty if this new seed designed to be used with 2,4-D herbicide poses a risk to our families, farmers and environment that far outweigh any benefit to ordinary Americans.&#34;</p> <p>The chefs speaking out have been in the DC area long enough to understand that advocates and lobbyists may debate for years whether this newer form of the 2,4-D chemical is safer than the earlier version that was in Agent Orange.  However, one thing that independent scientists and Dow both agree on is that this new crop will cause a dramatic increase in the sale and use of the potent 2,4-D herbicide. Advocacy groups such as the Natural Resources Defense Council have cited numerous studies linking 2,4-D exposure to serious illnesses and cancers, including non-Hodgkin&#39;s lymphoma.</p> <p><span class="xn-person">Rob Weland</span> of Cork, who is planting an organic garden behind his restaurant, elaborates on Nora&#39;s concern about our local farmers and gardeners in <span class="xn-location">Maryland</span> and Virginia  &#34;Within 100 miles of our restaurant are numerous growers of important fresh specialty crops -- such as tomatoes, strawberries and grapes,&#34; explains Weland.  The American Association of Pesticide Control Officials rated 2,4-D as the most likely pesticide in use today to cause drift damage to other crops, and can spread miles from where it is applied. With more than a quarter of <span class="xn-location">Maryland</span>&#39;s crop acreage allocated to corn, Weland is worried.  &#34;The huge increase in 2,4-D use that would accompany these new 2,4-D crops could threaten the livelihood of my producers, and the sustainability of our local <span class="xn-location">Washington, DC</span> food supply.&#34;  Weland is also concerned about local residents.  &#34;Our metro DC area has dense population centers very close to farming regions.  If there is even the slightest doubt about the dangers of large-scale 2,4-D use for human health, we need to stop and wait.&#34;</p> <p>Pouillon has reached out to other food leaders in the <span class="xn-location">Washington, DC</span> area to help spread the word -- from internationally recognized culinary innovator <span class="xn-person">Jose Andres</span> to Freshfarm Markets, a large network of farmer&#39;s markets in <span class="xn-location">Washington</span>, <span class="xn-location">Maryland</span>, and <span class="xn-location">Virginia</span>. &#34;Jose has long advocated for making healthy food more accessible to America&#39;s children, and I am grateful that he agrees with us. Whether it is &#39;pink slime&#39; in our meat or antibiotics in livestock, Americans are tired of hidden ingredients.&#34; </p> <p>95% of the ingredients used at Restaurant Nora are certified organic, and her customers make the organic choice not only for environmental reasons but also as a health decision. However, Nora is quick to point out that even eating organic cannot prevent our exposure to these chemicals, if they are allowed into our environment in large doses. &#34;The chemicals used to grow many genetically engineered crops contaminate our air, soil and water,&#34; Nora explains.  &#34;It took decades for the risks of other inventions like DDT and asbestos to be exposed. It is not right to ask Americans to be guinea pigs in another chemical experiment before we have the facts.  American farmers can grow the best crops in the world without 2,4-D resistant seeds created in a laboratory.&#34;</p> <p>Contacts:  <br/>Nora Pouillon:  <a href="http://www.noras.com/" target="_blank">www.noras.com</a><br/><span class="xn-person">Todd Gray</span> and Ellen Kassoff Gray:  <a href="http://www.equinoxrestaurant.com/" target="_blank">www.equinoxrestaurant.com</a> <br/><span class="xn-person">Rob Weland</span>: <a href="http://www.corkdc.com/" target="_blank">www.corkdc.com</a><br/><span class="xn-person">Jose Andres</span>: <a href="http://www.thinkfoodgroup.com/" target="_blank">http://www.thinkfoodgroup.com</a></p> <p>SOURCE <span class="xn-person">Nora Pouillon</span></p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=PH13647&amp;Transmission_Id=201205241545PR_NEWS_USPR_____PH13647&amp;DateId=20120524" style="border:0px; width:1px; height:1px;"/> LycoRed's Production of Tomat-O-Red® Doubles to Meet Growing Demand http://www.einpresswire.com/article/801860-lycored-s-production-of-tomat-o-red-doubles-to-meet-growing-demand http://www.einpresswire.com/article/801860-lycored-s-production-of-tomat-o-red-doubles-to-meet-growing-demand Wed, 23 May 2012 15:39:36 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">LycoRed&#39;s Production of Tomat-O-Red® Doubles to Meet Growing Demand</h1> <h2 class="xn-hedline">Vegan-friendly Tomat-O-Red is the only FDA-approved, all-natural lycopene red color additive; Viable alternative to cochineal extract or carmine as well as synthetic color additives</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">ORANGE, N.J.</span>, <span class="xn-chron">May 23, 2012</span> /PRNewswire/ -- LycoRed Limited, a leading developer and marketer of ingredients for food fortification, dietary supplements and food coloring, announced today that the company&#39;s production of Tomat-O-Red®, the only FDA-approved, all-natural lycopene red color additive, has doubled in the past month to meet growing market demand among food and beverage manufacturers.</p> <p>&#34;We are pleased to offer a natural, vegan-friendly red food color additive, especially given the recent public outcry over the use of cochineal extract, which is derived from beetles,&#34; said <span class="xn-person">Morris Zelkha</span>, president and CEO of LycoRed. &#34;With this increased demand and interest in Tomat-O-Red, production levels are continuing to ramp up daily, and we are also fielding a flood of inquiries from food and beverage wholesalers and manufacturers of all sizes, about the product&#39;s many attributes and benefits.&#34;  </p> <p>LycoRed, a science-based Israeli company with more than 15 years of experience, uses a patented process to produce Tomat-O-Red, an antioxidant-rich lycopene compound, from <span class="xn-location">California</span>-grown, non-genetically modified (GMO) tomatoes. In addition to being vegan, Tomat-O-Red is kosher and halal certified as well as considered a Generally Recognized as Safe (GRAS) ingredient.</p> <p>Tomat-O-Red comes in a range of red-based colors, has a long shelf-life and remains stable under a variety of food processing conditions, including temperature, light and pH variations. The color additive is suitable for many types of food and beverage applications including milk, yogurt, ice cream, surimi, chewing gum, and confectionery products, among others.</p> <p>The global market for lycopene, both as a color additive and nutritional supplement, is expected to grow substantially in the next few years. It is estimated that the worldwide market for lycopene could reach <span class="xn-money">$84 million</span> by 2018, up from <span class="xn-money">$66 million</span> in 2010, according to a <span class="xn-chron">September 2011</span> BCC Research report.</p> <p><b>About LycoRed</b></p> <p>LycoRed Ltd. is a science-based manufacturer of nutrients for use in dietary supplements, medical foods, functional food and beverages and nutricosmetics. The company also offers microencapsulated ingredients, vitamin and mineral premixes, natural colorants, and cosmeceutical products. The company provides fortification solutions, such as dairy products, beverages and powder drinks, bakery products, confectionery and snacks, breakfast cereals, nutritional bars and meat substitutes. Founded in 1993, LycoRed operates as a subsidiary of Makhteshim Agan Industries Ltd. The company is headquartered in <span class="xn-location">Beer Sheva, Israel</span> with subsidiaries in Yavne, <span class="xn-location">Israel</span>; Ayleford, <span class="xn-location">United Kingdom</span>; <span class="xn-location">Orange, New Jersey</span>; Schaffhausen, <span class="xn-location">Switzerland</span> and <span class="xn-location">Changzhou, China</span>. For more information, please visit <a href="http://www.lycored.com/" target="_blank">www.lycored.com</a>. For information specific to Tomat-O-Red, visit <a href="http://www.lyco-colors.com/" target="_blank">www.lyco-colors.com</a>.</p> <p><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"> </span></p> <p>SOURCE LycoRed Limited</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=CG12643&amp;Transmission_Id=201205231139PR_NEWS_USPR_____CG12643&amp;DateId=20120523" style="border:0px; width:1px; height:1px;"/> The Glass Packaging Market 2012-2022 http://www.einpresswire.com/article/801185-the-glass-packaging-market-2012-2022 http://www.einpresswire.com/article/801185-the-glass-packaging-market-2012-2022 Wed, 23 May 2012 11:07:08 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">The Glass Packaging Market 2012-2022</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">NEW YORK</span>, <span class="xn-chron">May 23, 2012</span> /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:</p> <p><b><a href="http://www.reportlinker.com/p0481519/The-Glass-Packaging-Market-2012-2022.html#utm_source=prnewswire&amp;utm_medium=pr&amp;utm_campaign=Glass_Manufacturing" target="_blank">The Glass Packaging Market 2012-2022</a></b></p> <p>http://www.reportlinker.com/p0481519/The-Glass-Packaging-Market-2012-2022.html#utm_source=prnewswire&amp;utm_medium=pr&amp;utm_campaign=Glass_Manufacturing</p> <p><b>Report Details</b></p> <p>As the global glass packaging market undergoes regional shifts and technological changes, the industry will have to respond with innovation and flexibility. Growth will be uneven across regions, while developed markets are maturing; emerging markets appear to be pivotal for the industry growth. High growth regions grouped under acronyms such as BRIC&#39;s or CIVET&#39;s (<span class="xn-location">Columbia</span>, <span class="xn-location">Indonesia</span>, <span class="xn-location">Vietnam</span>, <span class="xn-location">Egypt</span>, <span class="xn-location">Turkey</span>) are experiencing rapid increase in disposable income which translates into higher consumer spending in the cosmetics, food and beverage sectors. Similarly, changing demographics of the world population and population ageing is likely to impact the glass packaging industry in term of design, consuming habits and should drive growth especially in the healthcare glass packaging market. Visiongain calculates the global glass packaging market to be worth <span class="xn-money">$34.8bn</span> in 2012. </p> <p>However, the glass packaging market still suffers from competition of plastic and paper packaging which capture most of the growth in the global packaging industry. Nonetheless, the premium image of glass and its natural characteristics, should allow glass to retain market share in high end products and benefit from solid growth in spirits, wine and beer consumption.</p> <p>Technology is at the core of the competition among materials and new production techniques will significantly improve the competitiveness of glass in the packaging market. Among them, tempered glass and new light weighting appears to be a major breakthrough in the industry and is discussed extensively in this report. Other sources of growth for the industry discussed in this report includes: food and safety issues, increasing demand in healthy and organic food but also of ethnic food, the rising importance of recyclable eco-friendly material, population ageing, increasing alcoholic beverage consumption in emerging markets and rising cosmetic sales in emerging markets.  </p> <p><b>Unique selling points </b></p> <p>• 116 charts table and figures that quantify, analyse and forecast the changing dynamics of the glass packaging market from 2012-2022• Forecasts for the global glass packaging market• Forecasts for the leading 11 national glass packaging markets from 2012-2022• Forecasts for consumer sub-markets, from 2012 to 2022 with submarkets analysis.• Examination of the external political, economical, sociological and technological developments that affect the glass packaging market.• Expert opinion from 3 key-opinion leaders in the glass packaging market• In-depth analyses of glass packaging, its usage and applications.• Examination of strengths, weakness, opportunities and threats facing major stakeholders in the market </p> <p><b>Methodology</b></p> <p>This report has been compiled by combining information obtained from a very wide and rich mixture of primary and secondary research sources, producing a broad industry overview. Visiongain sought opinions from leading figures in the glass packaging market to underpin the analysis of market drivers and restraints. The study draws on a diverse range of glass corporations reports, glass manufacturing companies quarterly results, equity analysis, consumer surveys, media reports, and expert opinion as a basis for discussing and predicting developments in the glass packaging market between 2012 and 2022. </p> <p>Visiongain considers that this methodology results in an accurate, objective mixture of analyses and forecasts.</p> <b>Why you should buy The Glass Packaging Market 2012-2022 <p /></b>• You will gain a thorough understanding of the current global glass packaging market and how it will evolve over the next decade. <p>• The analysis and forecasting has been informed by extensive consultation with industry. You will be able to read 3 original and exclusive expert interviews from companies and organizations involved in glass packaging, which offer insights into the analysis and forecasting as well as their own reflections on the market. These include:</p> <p>- FEVE, The European glass containers federation</p> <p>- Holmes &amp; Marchant.</p> <p>- Andela Products.</p> <p>• You will be able to study 116 tables, charts, and graphs that quantify, analyse and forecast the glass packaging market from 2012-2022.</p> <p>• You will receive global sales forecasts for the period 2012-2022.</p> <p>• You will gain insight into the 5 leading glass packaging sub-markets with forecasts for the period 2012-2022:</p> <p>- Food.</p> <p>- Beverages.</p> <p>- Healthcare.</p> <p>- Personal Care.</p> <p>- Other.</p> <p>• You will discover forecasts for the 11 leading national glass packaging markets, as well as rest of the world figures and projections for the period 2012-2022 :</p> <p>- USA</p> <p>- China</p> <p>- France</p> <p>- Germany</p> <p>- Russia</p> <p>- India</p> <p>- South Africa</p> <p>- Japan</p> <p>- UK</p> <p>- Italy</p> <p>- Brazil</p> <p>- Rest of the World (ROW)</p> <p>• You will gain knowledge of who the leading players are within the glass packaging marketplace with profiles of 20 leading glass packaging companies.</p> <p>• You will receive both a SWOT and a PEST analysis for the global glass packaging market from 2012-2022.</p> <p>• You will gain insight into the market drivers and restraints influencing the glass packaging market over the period 2012-2022.</p> <p>• You will gain insight into major important game-changing technological developments occurring within the glass packaging market.</p> <b>What is the structure of the report? <p /></b>Chapter 1 Executive Summary <p>Chapter 2 of this report introduces the glass packaging market; discuses the advantages of the glass packaging market, and the different glass applications in the packaging industry. </p> <p>Chapter 3 examines the global glass packaging market in 2011, by providing regional analysis for <span class="xn-location">Western Europe</span>, <span class="xn-location">Eastern Europe</span>, <span class="xn-location">Asia Pacific</span>, <span class="xn-location">North America</span>, <span class="xn-location">Latin America</span> and Africa. The analysis provides details on growing regions and factors enabling and hindering growth. </p> <p>Chapter 4 provides an in-depth and detailed analysis of the leading glass packaging consumer sub-markets. The chapter critically analyses these sub-markets, evaluates the growth rates and trends likely to prevail in these markets. It also provides forecasts for 5 leading glass packaging consumer sub-markets supplying sales figures, market shares and markets forecasts on future growth rates and market values for the period 2012-2022. </p> <p>Chapter 5 provides an in-depth and detailed analysis of the leading 11 national glass packaging markets expected to be key players in the global market. The chapter critically analyses the leading 11 national markets, evaluates the growth rates and provides national market forecasts, along with the factors likely to contribute in domestic market variations.</p> <p>Chapter 6 examine the strength and weakness of the glass packaging market through a SWOT analysis. The study also identifies the opportunities for growth and the threats hindering further growth in the glass packaging market. </p> <p>Chapter 7 identifies and examines the macro-economic factors facing the global glass packaging market. The chapter includes a PEST analysis, providing recommendation on political risk and economical risk affecting the glass packaging industry. The study also covers analysis on sociological change affecting demand for glass containers, and presents recent and future technological innovations in the glass packaging industry.</p> <p>Chapter 8 includes full transcripts of 3 exclusive Visiongain interviews with key opinion-leaders in the global glass packaging market. Interviews include updates and predictions on the market. </p> <p>Chapter 9 identifies and discusses the 20 of the leading players in the glass packaging market.</p> <p>Chapter 10 is a summary of the report, highlighting conclusions from Visiongain&#39;s research and analyses </p> <p>Chapter 11 is a glossary</p> <p>Visiongain is a trading partner with the US Federal GovernmentCCR Ref number: KD4R6 </p> <b>Table of Contents <p /></b>1. Executive Summary <p>1.1 Glass Packaging Overview</p> <p>1.2 Benefits of this Report</p> <p>1.3 Methodology</p> <p>1.4 Global Glass Packaging Market Forecast</p> <p>1.5 Growth in the National Glass Packaging Markets</p> <p>2. The Glass Packaging Industry2.1 The Benefit of Glass Packaging2.1.1 Glass composition2.1.2 Glass is Pure2.1.3 Glass is Natural and Chemically Inert.2.1.4 Glass is Impervious2.1.5 Glass is Sustainable2.2 Glass Applications in the Packaging Industry  </p> <p>3. Global Glass Packaging Market 2012-2022.</p> <p>3.1 Global Outlook</p> <p>3.2 Regional Glass Packaging Market Analysis</p> <p>3.2.1 Western European Glass Packaging Market Analysis</p> <p>3.2.2 Eastern European Glass packaging Market analysis</p> <p>3.2.3 Asia-Pacific Glass Packaging Market Analysis.</p> <p>3.2.4 Latin American Glass Packaging Market Analysis.</p> <p>3.2.5 North American Glass Packaging Market Analysis.</p> <p>3.2.6 African Glass Packaging Market Analysis.</p> <p>3.2.7 Middle Eastern Glass Packaging Market Analysis.</p> <p>3.2.8 Oceania Glass Packaging Market Analysis.</p> <p>4. Leading Glass Packaging Sub-Markets 2012-2022. 4.1 General Outlook4.2 Food Glass Packaging Market 2012-20224.3 Beverages Glass Packaging Market 2012-20224.4 Healthcare Glass Packaging Market 2012-20224.5 Personal Care Glass Packaging Market 2012-20224.6 Other Glass Packaging Sub Markets 2012-2022 </p> <p>5. Leading National Glass Packaging Markets 2012-2022</p> <p>5.1 Global overview</p> <p>5.2 US Glass Packaging Market 2012-2012</p> <p>5.3 Chinese Glass Packaging Market 2012-2022</p> <p>5.4 French Glass Packaging Market 2012-2022</p> <p>5.5 German Glass Packaging Market 2012-2022</p> <p>5.6 Russian Glass Packaging Market 2012-2022</p> <p>5.7 Indian Glass Packaging Market 2012-2022</p> <p>5.8 South African Glass Packaging Market 2012-2022</p> <p>5.9 Japanese Glass Packaging Market 2012-2022</p> <p>5.10 UK Glass Packaging Market 2012-2022</p> <p>5.11 Italian Glass Packaging Market 2012-2022</p> <p>5.12 Brazilian Glass Packaging Market 2012-2022</p> <p>5.13 The Rest of the World Glass Packaging Market i2012-2022</p> <p>6. SWOT Analysis of the Glass Packaging Market 2012-20226.1 Strengths of Glass packaging6.1.1 Glass has Perfect Barrier Properties6.1.2 Glass is Natural and Chemically Inert. 6.1.3 Glass is Convenient6.1.4 Glass is Highly Versatile6.1.5 Glass is Easily Sterilized6.1.6 Glass is 100% Recyclable6.1.7 Glass is Reusable 6.1.8 Glass has a Premium Image6.1.9 Glass Allows for Creative Design6.2 Weaknesses of Glass Packaging6.2.1 Weight6.2.2 Fragility and Slipperiness6.2.3 Handling Hazard6.2.4 Limited Colour Choice6.2.5 Product Line Efficiency6.3 Opportunities for Glass Packaging 6.3.1 Recycling of Glass Packaging - A Major Advantage6.3.2 Rising Glass Food Container Demand6.3.3 Growth in Exotic Food Demand. 6.3.4 Increasing Beverage Demand in Emerging Markets6.3.5 Rising Cosmetic Sales6.3.6 Innovation6.3.7 Communication from Supplier 6.4 Weaknesses of Glass Packaging6.4.1 Competition from Other Materials.6.4.2 Cost Efficiency6.4.3 Raw Materials and Energy Prices Volatility </p> <p>7. PEST Analysis of the Glass Packaging Market 2012-2022</p> <p>7.1 Political</p> <p>7.1.1 Political Risks in Emerging Markets </p> <p>7.1.2 Political Issues in Euro Zone</p> <p>7.1.3 Tax Increase Risk</p> <p>7.1.4 Lobbying Power</p> <p>7.2 Economical</p> <p>7.2.1 Impact of Euro Crisis on Global Demand</p> <p>7.2.2 Energy Price Volatility</p> <p>7.2.5 Cost Reduction Strategies</p> <p>7.3 Social</p> <p>7.3.1 Growing Inequalities in Emerging Markets</p> <p>7.3.2 Global Population Ageing</p> <p>7.3.3 Increase in Single Household Numbers.</p> <p>7.3.4 Ethnic Diversity and Multicultural Food</p> <p>7.3.5 Growing Concerns about Chemical Migration in Plastic Containers</p> <p>7.4 Technological</p> <p>7.4.1 Glass Coating</p> <p>7.4.2 Light-Weighting Techniques</p> <p>7.4.3 Tempered Glass</p> <p>7.4.4 Biodegradable Plastic</p> <p>8. Expert Opinion8.1 <span class="xn-person">Cynthia Andela</span>, President and Chief Executive Officer of Andela Products8.1.1 Alcoholic and non Alcoholic Beverage will Lead the Growth8.1.2 Factors Restricting the Growth of the Glass Packaging Market8.1.3 Threats from Alternative Packaging 8.1.4 Segments Driving Glass Packaging Industry Growth 8.1.5 Regional Glass Packaging Market Growth 8.1.6 Anticipated Growth Rates of the Global Glass Packaging Market8.1.7 Technological Developments in the Glass Packaging Market8.2 Steve Gummer Structural Designer at Holmes &amp; Marchant8.2.1 Current Market Scenario 8.2.2 Factors Restraining Market Growth 8.2.3 Threats from Alternative Packaging 8.2.4 Market Leaders in Packaging Innovations 8.2.5 Trend in Glass Packaging Design Techniques8.3 Adeline Farrelly Secretary General FEVE, the European Container Glass Federation8.3.1 Factors Contributing to the Market Growth8.3.2 Food Glass Packaging Market Evolution 8.3.3 Factor Restraining Market Growth.8.3.4 Leading National Glass Packaging Markets8.3.5 Eastern European and Western European Glass Packaging Market8.3.6 Anticipated Growth Rates of the Global Glass Packaging Market8.3.7 Technological Developments in the Glass Packaging Market  </p> <p>9. Leading Companies in the Glass Packaging Market</p> <p>9.1 Alameda Packaging</p> <p>9.2 Allied Glass Containers Ltd.</p> <p>9.3 Anchor Glass Container Corporation</p> <p>9.4 Ardagh Glass Group PLC</p> <p>9.5 Beatson Clark PLC</p> <p>9.6 Bormioli Rocco SpA</p> <p>9.7 Borosil Glass Works Limited</p> <p>9.8 China Glass Holdings Ltd.</p> <p>9.9 Consol Glass (Pty) Ltd.</p> <p>9.10 Henz-glas GmbH</p> <p>9.11 Hindustan National Glass &amp; Industries Limited</p> <p><span class="xn-money">9.12 Leone</span> Industries</p> <p>9.13 Owens-<span class="xn-location">Illinois</span>, Inc.</p> <p>9.14 PT. Iglas (Persero)</p> <p>9.15 Rexam PLC</p> <p>9.16 Saint-Gobain Containers, Inc.</p> <p>9.17 Sisecam Group (Anadolu Cam)</p> <p>9.18 The Gerresheimer Group</p> <p>9.19 Vitro Packaging LLC</p> <p>9.20 Zignago Vetro Spa</p> <p>9.21 Other Leading Glass Packaging Companies</p> <p>10. Conclusions10.1The Growth of the Global Glass Packaging Market 2012-202210.2 Submarkets Contributing to the Growth of Global Glass Packaging Market10.3 Trends in National Glass Packaging Markets10.4 Outlook for the Global Glass Packaging Market </p> <p>11. Glossary</p> <p>List of TablesTable 3.1 Global Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 3.2 Global Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 4.1 Leading Glass Packaging Sub-Markets Forecast 2012-2022 ($bn, AGR %)Table 4.2 Leading Glass Packaging Sub-Markets Forecast CAGR (%)2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 4.3 Food Glass Packaging Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 4.4 Food Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 4.5 Food Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 4.6 Beverages Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 4.7 Beverages Glass Packaging Market Share Forecast 2012-2022 ($bn, AGR %)Table 4.8 Beverage Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, 2019-2022.Table 4.9 Healthcare Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 4.10 Healthcare Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 4.11 Healthcare Glass Packaging Market Forecasted CAGR (%) 2012-2022, 2012-2014, 2015-2018, 2019-2022.Table 4.12 Personal Care Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 4.13 Personal Care Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 4.14 Personal Care Glass Packaging Market Forecast CAGR(%) 2012-2022, 2012-2014, 2015-2018, 2019-2022.Table 4.15 Other Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 4.16 Other Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 4.17 Other Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.1 Leading National Glass Packaging Markets Forecast 2012-2022 ($bn, AGR %)Table 5.2 Leading National Glass Packaging Markets Forecast CAGR (%) 2012-2014, 2015-2018, and 2019-2022Table 5.3 US Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.4 US Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.5 US Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.6 Chinese Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.7 Chinese Glass Packaging Market Forecast 2012-2022 ($bn, AGR %) Table 5.8 Chinese Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.9 French Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.10 French Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.11 French Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.12 German Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.13 German Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.14 German Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.15 Russian Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.16 Russian Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.17 Russian Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.18 Indian Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.19 Indian Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.20 Indian Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.21 South African Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.22 South African Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.23 South African Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.24 Japanese Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.25 Japanese Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.26 Japanese Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.27 UK Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.28 UK Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.29 UK Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.30 Italian Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.31 Italian Glass Packaging Market Forecast 2012-2022 ($bn, CAGR %)Table 5.32 Italian Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.33 Brazilian Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.34 Brazilian Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.35 Brazilian Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 5.36 Rest of the World (RoW) Glass Packaging Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)Table 5.37 Rest of the World (RoW) Glass Packaging Market Forecast 2012-2022 ($bn, AGR %)Table 5.38 Rest of the World (RoW) Glass Packaging Market Forecast CAGR (%) 2012-2022, 2012-2014, 2015-2018, and 2019-2022Table 6.1 SWOT Analysis of the Glass Packaging Market 2012-2022Table 7.1 PEST Analysis of the Glass Packaging Market 2012-2022 Table 9.1 Other Leading Glass Packaging Companies. </p> <p><b>List of Figures</b></p> <p>Figure 1.1 Global Glass Packaging Market forecast by Value 2012, 2017 &amp; 2022 ($bn)Figure 1.2 CAGR Growth Rates Between 2012-2014, 2015-2018 &amp; 2019-2022 (CAGR %)Figure 1.3 Leading National Glass Packaging Markets Share in 2012 (%)Figure 2.1 Glass Applications in the Packaging IndustryFigure 3.1 Global Glass Packaging Market Forecast 2012-2022 ($bn)Figure 4.1 Glass Packaging Sub-Markets Share 2012 (%)Figure 4.2 Glass Packaging Sub-Market Forecast 2012-2022 ($m)Figure 4.3 Food Glass Packaging Market Share Forecast 2012, 2017 and 2022 (%Share)Figure 4.4 Food Glass Packaging Market Forecast 2012-2022 ($bn, AGR%)Figure 4.5 Beverage Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 4.6 Beverage Glass Packaging Market Forecast 2012-2022 ($bn, AGR%)Figure 4.7 Beverage Glass Packaging Market by Beverage Type in UK, 2012 (%)Figure 4.8 Regional Beer Consumption Share in 2011 (%)Figure 4.9 Healthcare Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 4.10 Healthcare Glass Packaging Market Forecast 2012-2022 ($bn, AGR%)Figure 4.11 Trends in Ageing by World Region: Percentage of the Population Aged 65 or Over in 1980, 2010, 2040 (%)Figure 4.12 Global Healthcare Packaging Market Share by Materials in 2011 (%)Figure 4.13 Personal Care Glass Packaging Market Share Forecast 2012, 2017 and 2022 (%Share)Figure 4.14 Personal Care Glass Packaging Market Forecast 2012-2022 ($bn, AGR%)Figure 4.15 Other Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 4.16 Other Glass Packaging Market Forecast 2012-2022 ($bn, AGR%)Figure 5.1 Leading National Glass Packaging Markets Forecast 2012-2022 ($bn)Figure 5.2 Leading National Glass Packaging Markets Share in 2012 (%)Figure 5.3 Leading National Glass Packaging Markets Share in 2017 (%)Figure 5.4 Leading National Glass Packaging Markets Share in 2022 (%)Figure 5.5 US Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.6 US Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.7 Leading 3 US Glass Packaging Companies Market Share 2012 (%)Figure 5.8 Chinese Glass Packaging Market Share Forecast 2012, 2017 and 2022 (%Share)Figure 5.9 Chinese Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.10 French Glass Packaging Market Share Forecast 2012, 2017 and 2022 (%Share)Figure 5.11 French Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.12 French Glass Packaging Market by Material 2012 (%)Figure 5.13 French Glass Packaging Market by Consumption End Use 2012 (%)Figure 5.14 German Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.15 German Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.16 Russian Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.17 Russian Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.18 Indian Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.19 Indian Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.20 South African Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.21 South African Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.22 Japanese Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.23 Japanese Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.24 UK Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.25 UK Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.26 UK Glass Packaging Market by End-Use Sector 2011 (%)Figure 5.27 Italian Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.28 Italian Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.29 Brazilian Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.30 Brazilian Glass Packaging Market Forecast 2012-2022 ($bn)Figure 5.31 Rest of the World (RoW) Glass Packaging Market Share Forecast 2012, 2017 and 2022 (% Share)Figure 5.32 Rest of the World (RoW) Glass Packaging Market Forecast 2012-2022 ($bn)Figure 6.1 Glass Container Manufacturing Costs 2011 (%)Figure 10.1 Global Glass Packaging Sub-Markets Share 2012 (%)Figure 10.2 Leading National Glass Packaging Markets Share in 2012 (%)  </p> <p><b>Companies Listed</b></p> <p>Afora SAAGI GlaspacAgrado SAAimer Products LtdAleksotasAlglass SAAllied Glass Containers Ltd.Alpack Ltd.AmbevAmcor Ltd.Amilco SAAnadolu CamAnadolu Cam Sanayii ASAnchor Glass Container CorporationAndela Products Ltd.Anheuser-Busch SnappleAnsung Glass Industrial Co, Ltd.ARC InternationalArdagh Glass Group PLCAromatic Enterprises Co., Ltd.Associated British Foods PLCAugust Pohli GmbH &amp; Co., KGAvon Products, Inc.Bangkok Glass Industry Co, Ltd.Beatson Clark PLCBerk CompanyBirgi Sanayi ASBonpakBormioli Rocco SpaBorosil Glass Works Limited BrosseBudweiserCarlsberg SwedenCarrefour S.ACanadian Mineral Water S.ACarr Lowrey Glass CompanyChangShu Brother Glass Mould Co.,LTDChina Glass Holdings Ltd. Chromacol LtdColorlites LtdColoured Bottles Comar Inc.Compagnie De Saint-Gobain Compania Industria de Vitros (CIV)Concorde Kristallglas GmbH Consol GlassConsol Glass (Pty) Ltd.Consol Limited Continental Packaging Solutions CRBCrisnova SA Cristalerias De Chile SA Cristalerias Toro S.A.I.CDanone Dashco S.A.DB BreweriesDenizli Cam Doosan Techpack BG, IncDrujba Packaging Glassware SA Egilabo NVEmhart GlassEndeavour Glass Packaging Ltd.Eurovetrocap SrlEssco GlassEstee Lauder Companies, IncExcel Glasses LimitedExport Import ConsortiumFacebook Inc.Faerch Plast A/SFetzerFirenze Vetro SrlFreeman &amp; Harding&#39;sFormosan Glass CorporationFoster&#39;sFraser &amp; Neave Holdings BhdFrigoglass SAFactory Fze Gage Roads Brewing CoGarg Process Glass India Pvt. LtdGarglab Glass IndustriesGerresheimer Group GmbHGerolsteiner Brunnen GmbH &amp; Co. Glaskeller AG Glas-Pack - Verimpex Srl Goel Scientific Glass Works Pvt.Ltd.Gostomel Glass FactoryGreenBottle LimitedGroup Casino S.AGujarat Glass (P) Ltd.Haldyn Glass Ltd.Hangzhou Hangling Glass Co., Ltd.Hauptgeschäftsführer des Bundesverbands Glasindustrie e.VHebei Rixin Glass Group Co., Ltd.H-J Heinz CompanyHeinz-Glas GmbH Heineken InternationalHermanos Alamo SL Heye InternationalHigh Falls BrewingHindusthan National Glass &amp; Industries Ltd.Holmes &amp; MarchantHorn Glass Industries AGHuta Szkla Czechy SAHWA Hsia Glass Co., Ltd.Impress Coöperatieve U.A. Industrie Zignago Santa Margherita SpAIndependent Distillers AustraliaInternational Bottle Co., Ltd.J. Weck GmbH U. Co. KGJack Daniel Distillery, Lem Motlow Prop, Inc.Janta Glass WorksJaytec Glass LimitedJG ContainersJih Hsin Glass Co., Ltd.Jinan Gt Industrial Co.,LtdJSC MinaKaisha Manufacturers PVT LTDKapoor GlassKarhulan Lasi OyKaveh Glass Industry GroupKefla- Glass GmbH &amp; Co., KGKG Ghani Glass Ltd.Kimble GlassKirin Holdings CoKlin-SteklotaraKOA Glass Co., Ltd.Kraft Food IncKumbi CorporationKYC Labglass InstrumentsLa Manufacture Du Verre SA Leone IndustriesLibbey, Inc.Linuo Group Co., Ltd.Lisi CosmeticsL&#39;Oréal group S.ALPS Industries, Inc.Lsl Ltd.Martin Sontag GmbH Meji Dairies CorporationMedi-Vial LtdMG Münnerstädter Glaswarenfabrik GmbHMillercoorsMilly Glassworks LimitedMisr Glass Manufacturing CompanyML Glassware Co., Ltd.Nampak Ltd.Natura CosméticosNazeing Glass Works LtdNeubor Glass S.p.a.Nestle S.ANewship LtdNihon Yamamura Glass Co., Ltd.Novapet S.ANuova Ompi SrlOiji Paper Co LtdOkubo Glass Co., Ltd.OMCO HNG Engineering Ltd.OMCO International NVOptrel AGOskar Karla InternationalOwens-Illinois, Inc.Owens Illinois do Brazil Industria e Commercio S.AParsampoule Partecipazioni Italiane S.p.A.PennekempPepsiCo Inc.Phoenix Packaging International CorporationPochet GroupPont Packaging BVPromovega SrlPt Iglas (Persero)Quadpack LtdQualipac CorporationQuinn GroupR ExportsRedfearn GlassRexam PLCRockware Group LimitedRoma International PLCRubin JSCSahm CSSaint-Gobain Containers, Inc.Sam Kwang Glass Ind Co., Ltd.San Miguel CorporationSapporo Breweries LimitedSaudi-Arabian Glass Co., Ltd.SaverglassSaxco International, Inc.Schott GlaswerkeSchott Forma VitrumSchott Brasil Ltda - Div. EmbalagemScientific Glass Blowing Co., Ltd.Scott GlassSephoraSG Scientific Glass Blowing Centre Pte LtdShandong Medical Glass Co., Ltd.Silver Spur CorporationSisecam GroupSklarny Kavalier ASSoda Sanayi Soffieria Mezzadri SrlSotancro - Embalagem de Vidro SAStanpac, Inc.Stevanato GroupStolzle Flaconnage LtdTaiwan Glass Industrial CorporationTaiwan K.K. CorporationTariq Glass Industries LimitedTechnosklo LtdTescoTegs JscTetraPak LtdThai Glass Industries Public Co., Ltd.The Mahalakshmi Glass Works PvtThuringer Pharmaglas GmbHTIC InternationalToyo Seikan Kaisha Ltd.Toyo-Sasaki Glass Co., Ltd.Trakya CamTsingtao BeerTurkiye Sise Ve Cam Fabrikalari ASTwitter IncValery Glass Srl Veramic saVerraliaVerrerie Brosse s.a.s.Verreries de MasnièresVerreries Du Courval Verreries PerrinVetreria Etrusca Srl Vetreria Sve Srl Vetrerie Betti Torino SpA Vetrerie Bruni SpA Vetrerie Venete SpA Vetri Speciali SpAVetrobalsamo SpA Vetropack AG Vidrala SA Vinkova BV Vitro SA de CVVitro Packaging LLC VOA-Verrerie D&#39;albi Wakefield (Pharmaceutical Glass) LimitedWal-Mart Stores IncWarta Glass Sp. Z o.o.Weck Glaswerk GmbH Wed. G. Thijssens &amp; ZN BVWisthoff GmbH Wuhan Linuo Solar Energy Group Co., Ltd.Yamamura GlassYanjing BeerYouTube LLCZignago Vetro SpAZippe  </p> <p><b>Government Agencies and Other Organisations Mentioned in This Report</b></p> <p>All India Glass Manufacturer AssociationBank of ChinaBritish GlassCentral bank of IndiaConsorzio Nazionale Imballaggi (CONAI)European Central Bank (ECB)Institute of Vine and Wine Sciences (ISW)International Monetary Fund (IMF)The European container Glass federation (FEVE)Federation international de Football Association (FIFA)US Food and Drug Administration (FDA)Glass Packaging Institute (GPI)<span class="xn-person">G.R.P. Institut</span> für Rationelle PsychologieHarvard School of Public HealthOrganization of the Petroleum Exporting Countries (OPEC)United Nation (UN)Wine Intelligence Organisation </p> <p><b>To order this report:<a href="http://www.reportlinker.com/ci02353/Glass-Manufacturing.html#utm_source=prnewswire&amp;utm_medium=pr&amp;utm_campaign=Glass_Manufacturing" target="_blank">Glass Manufacturing Industry</a>: </b><a href="http://www.reportlinker.com/p0481519/The-Glass-Packaging-Market-2012-2022.html#utm_source=prnewswire&amp;utm_medium=pr&amp;utm_campaign=Glass_Manufacturing" target="_blank">The Glass Packaging Market 2012-2022</a></p> <p>More  <a href="http://www.reportlinker.com/" target="_blank">Market Research Report</a></p> <p>Check our  <a href="http://www.reportlinker.com/news/" target="_blank">Industry Analysis and Insights</a></p> <p>Nicolas Bombourg<br/>Reportlinker<br/>Email: <a href="mailto:nicolasbombourg@reportlinker.com">nicolasbombourg@reportlinker.com</a><br/>US: (805)652-2626<br/>Intl: +1 805-652-2626</p> <p>SOURCE Reportlinker</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=SP12404&amp;Transmission_Id=201205230707PR_NEWS_USPR_____SP12404&amp;DateId=20120523" style="border:0px; width:1px; height:1px;"/> Health-Conscious Storable Food Company GOFoods Global Commits to Use of Non-GMO Ingredients, Endorses Mandatory Labeling and Partners with JustLabelIt.org to provide a Nutriversal Seal on all GOFoods Global Packaging http://www.einpresswire.com/article/801093-health-conscious-storable-food-company-gofoods-global-commits-to-use-of-non-gmo-ingredients-endorses-mandatory-labeling-and-partners-with-justlabelit-org-to-provide-a-nutriversal-seal-on-all-gofoods-global-packaging http://www.einpresswire.com/article/801093-health-conscious-storable-food-company-gofoods-global-commits-to-use-of-non-gmo-ingredients-endorses-mandatory-labeling-and-partners-with-justlabelit-org-to-provide-a-nutriversal-seal-on-all-gofoods-global-packaging Wed, 23 May 2012 10:00:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Health-Conscious Storable Food Company GOFoods Global Commits to Use of Non-GMO Ingredients, Endorses Mandatory Labeling and Partners with JustLabelIt.org to provide a Nutriversal Seal on all GOFoods Global Packaging</h1> <h2 class="xn-hedline">GOFoods Global, creator of premium-quality shelf-life nutrition and storable foods, is partnering with JustLabelIt.org, a national non-profit organization that supports the mandatory labeling of genetically engineered foods, by posting non-genetically modified organism (Non-GMO) labeling on the back of every GOFoods product package.</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">SALT LAKE CITY</span>, <span class="xn-chron">May 23, 2012</span> /PRNewswire/ -- GOFoods Global, the nation&#39;s category creator in premium-quality food reserves and shelf-life nutrition announced today that it has become a partner with JustLabelIt.org, a national non-profit organization that supports the mandatory labeling of genetically engineered foods, and stands as an advocate for naturally produced ingredients with the GOFoods Global Nutriversal Seal on the back of every GOFoods product.</p> <p>(Logo: <a href="http://photos.prnewswire.com/prnh/20120212/SF51874LOGO" target="_blank">http://photos.prnewswire.com/prnh/20120212/SF51874LOGO</a><img src="http://photos.prnewswire.com/prnthumb/20120212/SF51874LOGO" align="right"/>) </p> <p>&#34;At GOFoods Global, we take the high road to ensure that the full ingredient and nutritional composition of all our products, which are made for long-term storability, are clean and remain so for up to 25 years,&#34; said <span class="xn-person">Brad Stewart</span>, GOFood Global President. &#34;GOFoods is so committed to giving you a right to know that we label our own products with our Nutriversal Seal, which proves our commitment to high quality standards in the food services industry.&#34;</p> <p>Like-minded health-conscious individuals can join with GOFoods to tell the FDA to require the labeling of genetically engineered foods by visiting <a href="http://justlabelit.org/take-action/" target="_blank">http://justlabelit.org/take-action/</a>. </p> <p>The term genetically-modified organisms (GMO) is most commonly referred to a process where genetic engineering techniques have made specific changes to the DNA of a crop plant grown for human or animal consumption. These modifications are intended to introduce traits such as increased resistance to herbicides or improved nutritional content. These alterations have been linked to significant health issues including kidney and liver damage, infertility, auto-immune disorders, allergies, accelerated aging and birth defects. According to national reports, in 2011, about 88% of all of the corn in the US was genetically modified, and approximately 93–94% of the soy in the US crops was genetically modified. </p> <p>&#34;To date <span class="xn-location">the United States</span> has very relaxed laws relating to GMO standards,&#34; explains company President <span class="xn-person">Brad Stewart</span>. &#34;For those who do a little bit of research, they&#39;ll find that the biotech companies are building products to be resistant to herbicides, rather than improving nutritional content.&#34; </p> <p>Non-GMO labeling is a growing concern among <span class="xn-location">United States</span> citizens, and GOFoods goes to great lengths to insure none of its ingredients come from sources that use GMO techniques. This month, residents in <span class="xn-location">California</span> submitted almost one million petitions in support of the Right to Know Campaign and will now be put on the state&#39;s November ballot. </p> <p><b>About the GOFoods Nutriversal Seal of Promise:<br/></b>Wherever you see the Nutriversal Seal of Promise or one of the seal&#39;s accompanying Nutriversal symbols, consumers can rest assured GOFoods products have met the most stringent guidelines and high quality standards in the food services industry. The Nutriversal seal indicates the blending of sound nutrition with ingredients that have a universal appeal to a variety of consumers. It also carries the company&#39;s promise that each package delivers the finest food available. </p> <p>GOFoods products include multiple or all of the Nutriversal Seal symbols: balanced sodium, cholesterol free, date-stamped for quality, enriched complex carbohydrates, excellent source of whole grains, gluten free, good source of fiber, irradiation free, Kosher, lactose free, long shelf-life stability, made in the <span class="xn-location">USA</span>, natural, no added MSG, no hydrogenated oil, no trans fat, not genetically modified, oxygen-free packaging, quick-fix meals, soy free, and vegetarian. For more information about the GOFoods Nutriversal Seal visit <a href="http://gofoodsglobal.com/company/nutriversal-seal/" target="_blank">http://gofoodsglobal.com/company/nutriversal-seal/</a>. </p> <p><b>About GOFoods Global</b><br/>GOFoods&#39; mission is to feed and prosper the world by serving, saving and sharing relevant, easy-to-prepare meals and beverages for on-the-go-lifestyles that encourage people to eat nutritiously and spend time together, while enjoying natural mouth-watering meals that taste as good today as they will in 25 years. Founded by nationally known food-reserve experts <span class="xn-person">Steve Shenk</span> and <span class="xn-person">Barbara Rossberg</span> with over thirty years of experience, the <span class="xn-location">Utah</span>-based company&#39;s goal is to change the way people look at quick-fix, extended shelf-life, and daily use food in the twenty-first century.</p> <p>Contact: <span class="xn-person">Erin Hallmark</span>, +1-800-877-4739, <a href="mailto:info@gofoodsglobal.com" target="_blank">info@gofoodsglobal.com</a></p> <p>SOURCE GOFoods Global</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=SF09827&amp;Transmission_Id=201205230600PR_NEWS_USPR_____SF09827&amp;DateId=20120523" style="border:0px; width:1px; height:1px;"/> This Father's Day, Help Dad Find His Inner Viking: Give Him Adventure in a Bottle with Einstok Icelandic Craft Ale http://www.einpresswire.com/article/800860-this-father-s-day-help-dad-find-his-inner-viking-give-him-adventure-in-a-bottle-with-einstok-icelandic-craft-ale http://www.einpresswire.com/article/800860-this-father-s-day-help-dad-find-his-inner-viking-give-him-adventure-in-a-bottle-with-einstok-icelandic-craft-ale Wed, 23 May 2012 07:12:00 +0000 <i>If you really want to commemorate the man your father is, then treat him to something that celebrates adventure and helps him discover his inner viking: craft beer from Einstok Olgerd, brewed in Iceland just 60 miles south of the Arctic Circle.</i><br /><br /><p>AKUREYRI, ICELAND, May 23, 2012 /24-7PressRelease/ -- Forget the ties, the tools and the lawn equipment. If you really want to commemorate the real man your father is, then treat him to something that celebrates adventure and helps him discover his inner viking: craft beer from Einstok Olgerd, brewed in Iceland just 60 miles south of the Arctic Circle.</p> <p></p> <p>Einstok - which means &quot;unique&quot; or &quot;distinctive&quot; in Icelandic - starts its process with the perfect foundation for brewing craft ales: the purest water on earth. The water starts as rain or ancient glacial water from atop the Hlioarfjall Mountain, from where it flows through and is naturally purified by ancient lava fields. From there, brewmaster Baldur Karrason unites it with ingredients sourced both locally from Iceland and from all over the world to deliver craft beer that is distinct and flavorful, yet deliciously refreshing and drinkable.</p> <p></p> <p>The current product line consists of three styles that offer a variety of color and flavor:</p> <p></p> <p>Icelandic White Ale (ABV 5.2%): brewed in the centuries-old Belgian tradition, this ale features the complex flavors of the classic wit bier, including coriander and orange peel, all brewed with pure Icelandic water that delivers a cool smoothness that is flavorful and refreshingly drinkable.</p> <p></p> <p>Pale Ale (ABV 5.6%): American and Bavarian craft come together to create the Viking version of the Pale Ale. Mild, slight toffee flavors and generous hop aroma flood this ale with taste, brewed harmoniously with nature's finest Icelandic water.</p> <p></p> <p>Toasted Porter (ABV 6.0%): With clear notes of espresso and dark chocolate, this Porter is dark and rich, offering a medium body that is robust - yet smooth and seriously easy to drink. Be afraid of the dark no more.</p> <p></p> <p>Einstok is distributed throughout California by <a href="http://www.winewarehouse.com/contact.asp" target="_blank">Wine Warehouse</a> and is currently available in select stores, restaurants and bars throughout the state. To find out more, join us on <a href="http://www.facebook.com/Einstok" target="_blank">Facebook</a> or visit <a href="http://www.einstokbeer.com" target="_blank">www.einstokbeer.com</a>.</p> <p></p> <p>---</p> <p>Press release service and press release distribution provided by http://www.24-7pressrelease.com</p> Region's Best Graphic Designs on Display in Dubai's First Sustainable Destination http://www.einpresswire.com/article/800341-region-s-best-graphic-designs-on-display-in-dubai-s-first-sustainable-destination http://www.einpresswire.com/article/800341-region-s-best-graphic-designs-on-display-in-dubai-s-first-sustainable-destination Tue, 22 May 2012 16:22:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Region's Best Graphic Designs on Display in Dubai's First Sustainable Destination</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">DUBAI</span>, UAE, <span class="xn-chron">May 22, 2012</span> /PRNewswire/ --</p> <p style="FONT-STYLE: italic; text-align: center">Roca &amp; The Change Initiative join hands to raise awareness about the global shortage of water</p> <p>A prolific ceremony was held today to award the winners of the We Are Water Foundation GCC Student Design Contest. The regional competition was launched on the 22<sup>nd</sup> of <span class="xn-chron">March 2012</span>, and requested Students of Art, Interior Design &amp; Architecture faculties to design a poster on the relationship between Food and Water. 'We Are Water Foundation' is an initiative of Roca, which aims to raise awareness of water as a unique, limited resource, and aims to take action to minimize the negative effects of the lack of adequate water resources through education, health and research, and the construction of new infrastructures.</p> <p>The ceremony was held at the newly launched facility of The Change Initiative, a 55,000 square feet facility dedicated to sustainable solutions for the home and at work. The awards ceremony raised awareness about the relationship between water and food and the need to reduce our water consumption through a display of a selection of the best Graphic Designs made by students of the faculty of Art, Interior Design and Architecture of the leading universities in the GCC.</p> <p>Students from universities such as <span class="xn-org">American University</span> of <span class="xn-location">Sharjah</span>, Zayed University (<span class="xn-location">Dubai</span>/<span class="xn-location">Abu Dhabi</span>), Al Ghurair University, <span class="xn-org">American University</span> in <span class="xn-location">Dubai</span>, <span class="xn-location">Ajman</span> University of Science &amp; Technology, Al Hosn University, British University in <span class="xn-location">Dubai</span>, and King Saud University in <span class="xn-location">Riyadh, Saudi Arabia</span>, have been invited to participate in the contest. The Heads of Faculties of Interior Design &amp; Architecture of these universities have given their support to the contest.</p> <p>A Jury made up of <b>DEWA</b>, <b>Architects and Interior Designers</b> of the <i>American Institute for Architects (AIA Middle East), Royal Institute for Architects (RIBA Middle East Chapter)</i>, the <i>Association for Professional Interior Designers (APID)</i>, the <b>Emirates Green Building Council members</b>, <b>UAE Business Council for Sustainable Development</b> and <b>The Change Initiative</b> selected the Winning Graphic Design and the runners up.</p> <p>One of the winners, Mohammed Abualqumssan of the <span class="xn-org">American University</span> of <span class="xn-location">Dubai</span> (AUD), said: "Food and water security, as a topic, keeps growing in importance with every day that passes; helping to raise awareness and understanding of this topic is a great priority to me as a Visual Communication student. Steps must continue to be taken at a global level to resolve this issue and to provide a safe and livable planet for generations tocome. It is our responsibility to get together and understand the impact of our actions on our future.</p> <p>"The foundation of Roca plays a vital role in establishing food and water awareness in our world today. The Roca foundation's noble contest 'We are Water,' was aimed at raising awareness for the dwindling water resource. The contest was a great idea that fuses graphic design with the sustainability of a long-term viable resource of water. I would like to take this opportunity to thank Roca for such a great cause."</p> <p>The winner was awarded a 3-day visit to <span class="xn-location">Spain</span> to meet with the We Are Water Foundation members and Roca's headquarters; DEWA contributed to the contest by offering the winner 1,500 AED, to the runner-up 1,000 AED, and the 3<sup>rd</sup> place 500 AED.</p> <p>Simultaneously, the WE ARE WATER Foundation presented the 'We Art Water Film Festival' which was a portfolio of videos submitted by film students from around the world to represent their view on the global issue of water shortage water and its direct correlation to the access to food. The film festival consisted of various expressions of the issue presented as micro-documentaries, animation and mobile videos.</p> <p><b>Mr. <span class="xn-person">Victor Schoone</span>, Middle East Country Manager of Roca Sanitario, S.A</b> <b>said:</b>  "It is the time now to link our leadership to environmental issues, an area in which we have been already involved for more than 50 years.  'We Are Water' is part of our commitment with sustainability and with the communities most affected by the lack of water and its consequences. We aim to become a referent in the management of environmental issues and sustainable development, especially in everything related to water."</p> <p><b><span class="xn-person">Gundeep Singh</span></b><b>,</b> <b>Founder, The</b><b>Change Initiative,</b> <b>said:</b> "Generating more awareness around global sustainability issues is one of the core goals of The Change Initiative. We aim to influence a mindset change by allowing people to make more responsible lifestyle choices and are proud to host such a prestigious event at our facility, moreover, we are proud of our partnership with Roca and the We Are Water Foundation."</p> <p>He added: "Our support to the student initiative by 'We are Water Foundation' enables us to highlight the importance of water use efficiency and management and underlines our commitment to focusing the attention of our stake holders and customers on environmental sustainability."</p> <p style="FONT-WEIGHT: bold">About We Are Water</p> <p>The We Are Water Foundation is an initiative of Roca, which, from its very beginnings, has been committed to the environment in terms of both its products and its production processes.</p> <p>Roca is keenly aware that water is a unique, limited resource, and has therefore spent more than 50 years developing water and energy saving devices for its products, thereby contributing to a more balanced and sustainable co-existence with our surroundings. Its commitment to the responsible use of water has now taken a new dimension with the creation of the We Are Water Foundation.</p> <p>The Foundation has two main objectives: to raise awareness among institutions and the general public about the need for a new culture of water, which allows for economic development and a sustainable management of the world's water resources. The second objective is related to its involvement in activities to minimize the negative effects of the lack of adequate water resources. Activities of the foundation may be related to infrastructures, education, health and research.</p> <p>The We Are Water Foundation may act on its own or in collaboration with projects from institutions and NGO's as long as they fit with the objectives of the Foundation.</p> <p>Additional information about We Are Water projects, goals, and activities undertaken by "Ambassadors" and "Friends" of the Foundation is available at <a href="http://www.wearewater.org">http://www.wearewater.org</a></p> <p style="FONT-WEIGHT: bold">About Roca</p> <p>Roca is the world leader in the definition of the bathroom space and a benchmark reference in the world of design.</p> <p>Roca is a 100% family owned company dedicated to the design, production, sales and marketing of products for the bathroom space for architecture, construction and interior design. The company employs more than 22,000 employees, has 72 production plants and is present in over 135 countries across five continents and is aiming to be the leading global bathroom brand.</p> <p>Roca is constantly involved in the creation and development of new technologies for the preservation of the environment. This business commitment not only involves manufacturing processes, such as Eco-Roca, but also the development of new products which contribute to water saving such as W+W, In-Tank Meridian and Drain News.</p> <p>The We Are Water Foundation is an initiative which responds to Roca's commitment to sustainability, one of its guiding business principles.</p> <p style="FONT-WEIGHT: bold">About The Change Initiative</p> <p>The Change Initiative aims to influence a mindset change by allowing people to make more responsible lifestyle choices. The store carries a comprehensive range of sustainable living solutions covering energy conservation, waste management, organic food and various lifestyle items.</p> <p>The Change Initiative store opened its doors at Sheikh <span class="xn-person">Zayed Road</span> on <span class="xn-chron">May 1, 2012</span> to sell sustainable products and showcase world-class 'green' solutions for homes and businesses. The Change Initiative plans to roll out up to 25 showrooms in the <span class="xn-location">Middle East</span> and <span class="xn-location">Asia</span> over the next five years.</p> <p> </p> <p style="FONT-WEIGHT: bold">For more information please contact:</p> <p style="FONT-WEIGHT: bold"><span class="xn-person">Chetna Pandita</span>        </p> <p>The Change Initiative    <br /> Mobile: +971-56-115-4329<br /> <a href="mailto:chetna.pandita@tci-mail.com">chetna.pandita@tci-mail.com</a>    </p> <p style="FONT-WEIGHT: bold"><span class="xn-person">Samer Deeb</span> / Hwaida Zoubian</p> <p>Roca Sanitario, S.A. (Representation Office)<br /> Mobile: +971-50-7085787<br /> <a href="mailto:info.dubai@roca.net">info.dubai@roca.net</a></p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=30062125en_Public&amp;Transmission_Id=201205221222PR_NEWS_EURO_ND__30062125en_Public&amp;DateId=20120522" style="border:0px; width:1px; height:1px;"/> Region's Best Graphic Designs on Display in Dubai's First Sustainable Destination http://www.einpresswire.com/article/800342-region-s-best-graphic-designs-on-display-in-dubai-s-first-sustainable-destination http://www.einpresswire.com/article/800342-region-s-best-graphic-designs-on-display-in-dubai-s-first-sustainable-destination Tue, 22 May 2012 16:22:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Region's Best Graphic Designs on Display in Dubai's First Sustainable Destination</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">DUBAI</span>, UAE, <span class="xn-chron">May 22, 2012</span> /PRNewswire/ --</p> <p style="FONT-STYLE: italic; text-align: center">Roca &amp; The Change Initiative join hands to raise awareness about the global shortage of water</p> <p>A prolific ceremony was held today to award the winners of the We Are Water Foundation GCC Student Design Contest. The regional competition was launched on the 22<sup>nd</sup> of <span class="xn-chron">March 2012</span>, and requested Students of Art, Interior Design &amp; Architecture faculties to design a poster on the relationship between Food and Water. 'We Are Water Foundation' is an initiative of Roca, which aims to raise awareness of water as a unique, limited resource, and aims to take action to minimize the negative effects of the lack of adequate water resources through education, health and research, and the construction of new infrastructures.</p> <p>The ceremony was held at the newly launched facility of The Change Initiative, a 55,000 square feet facility dedicated to sustainable solutions for the home and at work. The awards ceremony raised awareness about the relationship between water and food and the need to reduce our water consumption through a display of a selection of the best Graphic Designs made by students of the faculty of Art, Interior Design and Architecture of the leading universities in the GCC.</p> <p>Students from universities such as <span class="xn-org">American University</span> of <span class="xn-location">Sharjah</span>, Zayed University (<span class="xn-location">Dubai</span>/<span class="xn-location">Abu Dhabi</span>), Al Ghurair University, <span class="xn-org">American University</span> in <span class="xn-location">Dubai</span>, <span class="xn-location">Ajman</span> University of Science &amp; Technology, Al Hosn University, British University in <span class="xn-location">Dubai</span>, and King Saud University in <span class="xn-location">Riyadh, Saudi Arabia</span>, have been invited to participate in the contest. The Heads of Faculties of Interior Design &amp; Architecture of these universities have given their support to the contest.</p> <p>A Jury made up of <b>DEWA</b>, <b>Architects and Interior Designers</b> of the <i>American Institute for Architects (AIA Middle East), Royal Institute for Architects (RIBA Middle East Chapter)</i>, the <i>Association for Professional Interior Designers (APID)</i>, the <b>Emirates Green Building Council members</b>, <b>UAE Business Council for Sustainable Development</b> and <b>The Change Initiative</b> selected the Winning Graphic Design and the runners up.</p> <p>One of the winners, Mohammed Abualqumssan of the <span class="xn-org">American University</span> of <span class="xn-location">Dubai</span> (AUD), said: "Food and water security, as a topic, keeps growing in importance with every day that passes; helping to raise awareness and understanding of this topic is a great priority to me as a Visual Communication student. Steps must continue to be taken at a global level to resolve this issue and to provide a safe and livable planet for generations tocome. It is our responsibility to get together and understand the impact of our actions on our future.</p> <p>"The foundation of Roca plays a vital role in establishing food and water awareness in our world today. The Roca foundation's noble contest 'We are Water,' was aimed at raising awareness for the dwindling water resource. The contest was a great idea that fuses graphic design with the sustainability of a long-term viable resource of water. I would like to take this opportunity to thank Roca for such a great cause."</p> <p>The winner was awarded a 3-day visit to <span class="xn-location">Spain</span> to meet with the We Are Water Foundation members and Roca's headquarters; DEWA contributed to the contest by offering the winner 1,500 AED, to the runner-up 1,000 AED, and the 3<sup>rd</sup> place 500 AED.</p> <p>Simultaneously, the WE ARE WATER Foundation presented the 'We Art Water Film Festival' which was a portfolio of videos submitted by film students from around the world to represent their view on the global issue of water shortage water and its direct correlation to the access to food. The film festival consisted of various expressions of the issue presented as micro-documentaries, animation and mobile videos.</p> <p><b>Mr. <span class="xn-person">Victor Schoone</span>, Middle East Country Manager of Roca Sanitario, S.A</b> <b>said:</b>  "It is the time now to link our leadership to environmental issues, an area in which we have been already involved for more than 50 years.  'We Are Water' is part of our commitment with sustainability and with the communities most affected by the lack of water and its consequences. We aim to become a referent in the management of environmental issues and sustainable development, especially in everything related to water."</p> <p><b><span class="xn-person">Gundeep Singh</span></b><b>,</b> <b>Founder, The</b><b>Change Initiative,</b> <b>said:</b> "Generating more awareness around global sustainability issues is one of the core goals of The Change Initiative. We aim to influence a mindset change by allowing people to make more responsible lifestyle choices and are proud to host such a prestigious event at our facility, moreover, we are proud of our partnership with Roca and the We Are Water Foundation."</p> <p>He added: "Our support to the student initiative by 'We are Water Foundation' enables us to highlight the importance of water use efficiency and management and underlines our commitment to focusing the attention of our stake holders and customers on environmental sustainability."</p> <p style="FONT-WEIGHT: bold">About We Are Water</p> <p>The We Are Water Foundation is an initiative of Roca, which, from its very beginnings, has been committed to the environment in terms of both its products and its production processes.</p> <p>Roca is keenly aware that water is a unique, limited resource, and has therefore spent more than 50 years developing water and energy saving devices for its products, thereby contributing to a more balanced and sustainable co-existence with our surroundings. Its commitment to the responsible use of water has now taken a new dimension with the creation of the We Are Water Foundation.</p> <p>The Foundation has two main objectives: to raise awareness among institutions and the general public about the need for a new culture of water, which allows for economic development and a sustainable management of the world's water resources. The second objective is related to its involvement in activities to minimize the negative effects of the lack of adequate water resources. Activities of the foundation may be related to infrastructures, education, health and research.</p> <p>The We Are Water Foundation may act on its own or in collaboration with projects from institutions and NGO's as long as they fit with the objectives of the Foundation.</p> <p>Additional information about We Are Water projects, goals, and activities undertaken by "Ambassadors" and "Friends" of the Foundation is available at <a href="http://www.wearewater.org">http://www.wearewater.org</a></p> <p style="FONT-WEIGHT: bold">About Roca</p> <p>Roca is the world leader in the definition of the bathroom space and a benchmark reference in the world of design.</p> <p>Roca is a 100% family owned company dedicated to the design, production, sales and marketing of products for the bathroom space for architecture, construction and interior design. The company employs more than 22,000 employees, has 72 production plants and is present in over 135 countries across five continents and is aiming to be the leading global bathroom brand.</p> <p>Roca is constantly involved in the creation and development of new technologies for the preservation of the environment. This business commitment not only involves manufacturing processes, such as Eco-Roca, but also the development of new products which contribute to water saving such as W+W, In-Tank Meridian and Drain News.</p> <p>The We Are Water Foundation is an initiative which responds to Roca's commitment to sustainability, one of its guiding business principles.</p> <p style="FONT-WEIGHT: bold">About The Change Initiative</p> <p>The Change Initiative aims to influence a mindset change by allowing people to make more responsible lifestyle choices. The store carries a comprehensive range of sustainable living solutions covering energy conservation, waste management, organic food and various lifestyle items.</p> <p>The Change Initiative store opened its doors at Sheikh <span class="xn-person">Zayed Road</span> on <span class="xn-chron">May 1, 2012</span> to sell sustainable products and showcase world-class 'green' solutions for homes and businesses. The Change Initiative plans to roll out up to 25 showrooms in the <span class="xn-location">Middle East</span> and <span class="xn-location">Asia</span> over the next five years.</p> <p> </p> <p style="FONT-WEIGHT: bold">For more information please contact:</p> <p style="FONT-WEIGHT: bold"><span class="xn-person">Chetna Pandita</span>        </p> <p>The Change Initiative    <br /> Mobile: +971-56-115-4329<br /> <a href="mailto:chetna.pandita@tci-mail.com">chetna.pandita@tci-mail.com</a>    </p> <p style="FONT-WEIGHT: bold"><span class="xn-person">Samer Deeb</span> / Hwaida Zoubian</p> <p>Roca Sanitario, S.A. (Representation Office)<br /> Mobile: +971-50-7085787<br /> <a href="mailto:info.dubai@roca.net">info.dubai@roca.net</a></p> <p>SOURCE We Are Water Foundation</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=UKTU801&amp;Transmission_Id=201205221222PR_NEWS_USPR_____UKTU801&amp;DateId=20120522" style="border:0px; width:1px; height:1px;"/> OTA congratulates CCOF and Oregon Tilth on planned merger http://www.einpresswire.com/article/799950-ota-congratulates-ccof-and-oregon-tilth-on-planned-merger http://www.einpresswire.com/article/799950-ota-congratulates-ccof-and-oregon-tilth-on-planned-merger Tue, 22 May 2012 14:16:30 +0000 <p><br /> <strong>May 22, 2012</strong> - The Organic Trade Association (OTA) congratulates its strategic partner CCOF Inc. and its long-standing member Oregon Tilth on the announcement of their planned merger, expected by Oct. 31, 2012. OTA looks forward to collaborating with the new joint organization, CCOF Tilth, to strengthen the visibility and voice of certified organic producers, handlers, and processers. </p> <a id="#more"></a> <p>“OTA recognizes the strong history and contributions of both organizations. It has been my pleasure to work with Cathy Calfo, CCOF Executive Director, and Chris Schreiner, Executive Director of Oregon Tilth, and I look forward to advancing organic together with CCOF Tilth,” said Christine Bushway, OTA’s Executive Director and CEO.</p> <p>One year ago, OTA and CCOF Inc. announced a strategic alliance designed to increase the representation of organic producers in federal legislative advocacy. This partnership, which recognized CCOF Inc. as a member of OTA’s Producers Advisory Council, has greatly strengthened the input of organic farmers, ranchers, and growers on matters pertinent to organic. Upon completion of the merger, CCOF Tilth will have more than 3,700 certified organic operations across the country and the world. Together, we will continue to leverage the collective reach of our diverse memberships to advance organic agriculture. </p> <p><em>The Organic Trade Association (OTA) is the membership-based business association for organic agriculture and products in North America. OTA is the leading voice for the organic trade in the United States, representing over 6,500 organic businesses across 49 states. Its members include growers, shippers, processors, certifiers, farmers' associations, distributors, importers, exporters, consultants, retailers and others. OTA’s Board of Directors is democratically elected by its members. OTA's mission is to promote and protect the growth of organic trade to benefit the environment, farmers, the public and the economy.<br /> </em></p> More than 1.2 Million Votes Cast, the winners are..... http://www.einpresswire.com/article/800008-more-than-1-2-million-votes-cast-the-winners-are http://www.einpresswire.com/article/800008-more-than-1-2-million-votes-cast-the-winners-are Tue, 22 May 2012 14:00:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">More than 1.2 Million Votes Cast, the winners are.....</h1> <h2 class="xn-hedline">40 Causes get $25,000 grants to make a difference in their communities</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">BLOOMINGTON, Ill.</span>, <span class="xn-chron">May 22, 2012</span> /PRNewswire/ -- After three weeks and more than 1.2 million votes, State Farm® is proud to announce the top <a href="http://www.facebook.com/statefarm/app_376288832400015" target="_blank">40 vote-receiving<i> Causes</i></a> that will each receive a <span class="xn-money">$25,000</span> grant to improve their communities. More than 38,000 people took to Facebook and voted for their favorite <i>Causes</i> during the <a href="http://www.facebook.com/statefarm/app_376288832400015" target="_blank"><i>Cause An Effect</i></a> voting period. </p> <p>The affiliated nonprofits of the top 40 <i>Causes </i>will each receive a <span class="xn-money">$25,000</span> grant to create and execute a plan to address the <i>Cause</i>. The top three vote-receiving causes were: </p> <ul type="disc"> <li><a href="http://www.facebook.com/statefarm#!/statefarm/app_376288832400015" target="_blank">Skate for Change</a> (67,252 votes) <span class="xn-location">Lincoln, NE</span> <ul type="circle"> <li>Affiliated nonprofit: Victory Ride Skate Park</li></ul></li> <li><a href="http://www.facebook.com/statefarm#!/statefarm/app_376288832400015" target="_blank">Biomedical High School</a> (45,615 votes) <span class="xn-location">Mount Carmel, IL</span> <ul type="circle"> <li>Affiliated nonprofit: Mount Carmel High School </li></ul></li> <li><a href="http://www.facebook.com/statefarm#!/statefarm/app_376288832400015" target="_blank">Sherman Playground</a> (45,421 votes) <span class="xn-location">Nampa, ID</span> <ul type="circle"> <li>Affiliated nonprofit: Sherman Elementary School </li></ul></li></ul> <p>The top <a href="http://www.facebook.com/statefarm/app_376288832400015" target="_blank">40 <i>Causes</i></a><i>, </i>representing 22 states across the country range from building a geodesic solar-powered greenhouse so a <span class="xn-location">Houston, TX</span>, neighborhood can grow organic food to donate to a local homeless shelter to building a baseball field specifically designed for special needs children in <span class="xn-location">Smithfield, NC</span>. More than half of the top <a href="http://www.facebook.com/statefarm/app_376288832400015" target="_blank">40 <i>Causes</i></a> fall into the category of community development; education and safety <i>Causes </i>make up the remaining top 40 that will receive State Farm funding. </p> <p>&#34;The considerable amount of votes shows the level of commitment and engagement within our neighborhoods to solve local issues,&#34; said <span class="xn-person">Kellie Clapper</span>, Assistant Vice President of Community Relations for State Farm. &#34;We look forward to watching the 40 communities across the country come together to make their neighborhoods safer, stronger, and better educated with the help of <i>Cause An Effect</i>.&#34;</p> <p>From <span class="xn-chron">Feb. 29 through March 20</span>, State Farm received <a href="http://www.flickr.com/photos/statefarm/7094173903/sizes/o" target="_blank">3,000<i> Cause </i>submissions</a> through<i> Cause An Effect,</i> a youth-led, crowd-sourced philanthropic initiative that relies on local, non-profit organizations to create solutions to community issues identified by people who use Facebook.  </p> <p>The State Farm <a href="http://www.statefarmyab.com/" target="_blank">Youth Advisory Board</a>, a diverse group of 30 students who are passionate about social responsibility, reviewed the <i>Cause</i> submissions and helped State Farm select the top 100 finalists. State Farm then identified and paired nonprofits with each <i>Cause</i>. </p> <p style="TEXT-ALIGN: left">From <span class="xn-chron">April 27 through May 17</span>, the Facebook community was encouraged to visit the <i>Cause An Effect</i> app and vote for their favorite <i>Cause</i>. The <a href="http://www.facebook.com/statefarm/app_376288832400015" target="_blank">40 <i>Causes</i></a><i> </i>that received the most votes will each receive a <span class="xn-money">$25,000</span> grant to help build safer, stronger, better educated communities.</p> <p>For a complete list of the top 40 Causes<u> </u>or for more information about <i>Cause An Effect</i>, visit the State Farm Facebook Page (<a href="http://www.facebook.com/statefarm" target="_blank">http://www.facebook.com/statefarm</a>). </p> <p><b>About State Farm®: <br/></b>State Farm and its affiliates are the largest provider of <a href="http://www.statefarm.com/" target="_blank">car insurance</a> in the U.S. and is a leading insurer in <span class="xn-location">Canada</span>. In addition to providing <a href="http://www.statefarm.com/insurance/quote/arq.asp" target="_blank">auto insurance quotes</a>, their 17,800 agents and more than 65,000 employees serve 81 million policies and accounts – more than 79 million auto, home, life and health policies in <span class="xn-location">the United States</span> and <span class="xn-location">Canada</span>, and nearly 2 million bank accounts. <a href="http://www.statefarm.com/insurance/business/bus_auto.asp" target="_blank">Commercial auto insurance</a>, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 43 on the Fortune 500 list of largest companies. For more information, please visit <a href="http://www.statefarm.com/" target="_blank">http://www.statefarm.com</a> or in <span class="xn-location">Canada</span> <a href="http://www.statefarm.ca/" target="_blank">http://www.statefarm.ca</a>.</p> <p><b>About the Youth Advisory Board<br/></b>The Youth Advisory Board is comprised of 30 students, ages 17-20, from across <span class="xn-location">the United States</span> and <span class="xn-location">Canada</span> who serve a two-year term. Their directive is to implement a <span class="xn-money">$5 million</span>-a-year signature service-learning initiative to address issues important to youth and communities. The Board is completely autonomous and youth-driven, and funds projects focused on issues selected by the board that impact youth. It consists of a diverse group of full-time students at high schools and universities. Each member commits about 15 hours a month to the Board and participates in three face-to-face meetings per calendar year. The Board will fund the 40 grants awarded through the Cause An Effect program with a portion of its <span class="xn-money">$5 million</span> funding in 2012. For more information on the Youth Advisory Board, visit <a href="http://www.statefarmyab.com/" target="_blank">www.statefarmYouth Advisory Board.com</a>.</p> <p>Facebook® is a registered trademark of Facebook Inc.</p> <p>SOURCE State Farm</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=CG11037&amp;Transmission_Id=201205221000PR_NEWS_USPR_____CG11037&amp;DateId=20120522" style="border:0px; width:1px; height:1px;"/> Nature's One Announces Goal for Zero Arsenic in Baby Formula http://www.einpresswire.com/article/798638-nature-s-one-announces-goal-for-zero-arsenic-in-baby-formula http://www.einpresswire.com/article/798638-nature-s-one-announces-goal-for-zero-arsenic-in-baby-formula Mon, 21 May 2012 16:30:06 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Nature&#39;s One Announces Goal for Zero Arsenic in Baby Formula</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <span><span> <p /></span></span><p><span class="xn-location">LEWIS CENTER, Ohio</span>, <span><span><span class="xn-chron">May 21, 2012</span></span></span> /PRNewswire/ -- The manufacturer of the nation&#39;s first organic baby formula today announced its expanded purity initiative to minimize or eliminate environmental contaminants known to be in the U.S. food supply, such as arsenic and other heavy metals, pesticide residues and hidden chemicals used in processing like hexane.  </p> <p>(Photo: <a href="http://photos.prnewswire.com/prnh/20120521/CL10807" target="_blank">http://photos.prnewswire.com/prnh/20120521/CL10807</a><img src="http://photos.prnewswire.com/prnthumb/20120521/CL10807" align="right"/>)</p> <p>Nature&#39;s One encourages other formula and baby food manufacturers to follow its lead utilizing the best science and technology to accomplish this goal.  </p> <p>&#34;Anymore, it is not enough to talk about what is added to a formula to make it beneficial,&#34; said Nature&#39;s One CEO <span class="xn-person">Jay Highman</span>. &#34;Instead, we need to talk about what is <i>not</i> in the formula or baby&#39;s first foods.  Unfortunately, many of these chemicals go undetected because they are not tested routinely, or are concealed under current labeling regulations.  The company&#39;s founding goal has always been to identify and eliminate toxins that may negatively impact human development.&#34;</p> <p>For example, according to a <span class="xn-chron">February 1, 2012</span> study, 15 infant formulas sold in the U.S. contained arsenic(1).  Researchers noted the type of arsenic when identified was nearly 100% inorganic arsenic; considered by the World Health Organization (WHO) and the Food and Drug Administration to be the most toxic form.  Nature&#39;s One announced earlier this year that its formulas meet all world standards for inorganic arsenic in rice-based foods for infants – testing 58% to 73% lower than proposed world standards(2).  Arsenic is found in all drinking water, foods, infant formulas and even breast milk, according to the WHO(3). The U.S. has no current regulations for arsenic in food.  </p> <p>Nature&#39;s One has innovated a USDA organic-compliant process to possibly eliminate detectable arsenic in organic brown rice syrup using modern testing equipment and methodologies. This allows Nature&#39;s One to further proclaim the healthful benefits of organic brown rice syrup when compared to other carbohydrate sources like sucrose (table sugar) or glucose syrups (corn syrup) found in other organic and conventional formulas.</p> <p>Nature&#39;s One objective since introducing the first organic formula in 1999 was to eliminate the use of pesticides, antibiotics, growth hormones, corn syrup, and more recently algae/fungus oils (DHA/ARA) and bisphenol-A (BPA).  The scope of this purity pledge has now expanded to include contaminants that transcend both organically and conventionally grown foods. Highman adds, &#34;Our purity initiative has no ending point; eliminating or minimizing these toxins should be a goal for all companies who want to provide the very best in nutritional and developmental health.&#34;  For more information, see <a href="http://www.naturesone.com/" target="_blank">www.NaturesOne.com</a>. </p> <ol type="1"> <li><i>Arsenic concentration and speciation in infant formulas and first foods</i>, Jackson, Brian P.; Taylor, Vivien F.; Punshon, Tracy; Cottingha, Kathryn L., 1USA; <span class="xn-chron">February 1, 2012</span>, Pure and Applied Chemistry, page 9. <a href="http://www.thefreelibrary.com/_/print/PrintArticle.aspx?id=279137804" target="_blank">http://www.thefreelibrary.com/_/print/PrintArticle.aspx?id=279137804</a> </li> <li>JOINT FAO/WHO FOOD STANDARDS PROGRAMME CODEX COMMITTEE ON CONTAMINANTS IN FOODS 5th Session <span class="xn-location">The Hague, The Netherlands</span>, 21 – <span class="xn-chron">25 March 2011</span>, page 20, paragraph 72: <a href="mhtml:http://gesweb:1016/Enquiry/5-21-2012/1131/EnquiryEmail(ID-a506336c812a).eml!x-usc:http://www.cclac.org/documentos/CCCF/2011/3%20Documentos/Documentos%20Ingles/cf05_INF.pdf" target="_blank">http://www.cclac.org/documentos/CCCF/2011/3%20Documentos/Documentos%20Ingles/cf05_INF.pdf</a> </li> <li>Joint FAO/WHO Expert Committee on Food Additives.<u>  Safety Evaluation of Certain Contaminants in Food.  WHO Food Additive Series: 63 and FAO JECFA Monographs 8</u>, 2011.</li></ol> <p>SOURCE Nature&#39;s One, Inc.</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=CL10807&amp;Transmission_Id=201205211230PR_NEWS_USPR_____CL10807&amp;DateId=20120521" style="border:0px; width:1px; height:1px;"/> Global Whole Grain and High Fiber Foods Industry http://www.einpresswire.com/article/798637-global-whole-grain-and-high-fiber-foods-industry http://www.einpresswire.com/article/798637-global-whole-grain-and-high-fiber-foods-industry Mon, 21 May 2012 16:02:05 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Global Whole Grain and High Fiber Foods Industry</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">NEW YORK</span>, <span class="xn-chron">May 21, 2012</span> /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:</p> <p><a href="http://www.reportlinker.com/p080471/Global-Whole-Grain-and-High-Fiber-Foods-Industry.html">Global Whole Grain and High Fiber Foods Industry</a></p> <p>http://www.reportlinker.com/p080471/Global-Whole-Grain-and-High-Fiber-Foods-Industry.html#utm_source=prnewswire&amp;utm_medium=pr&amp;utm_campaign=Breakfast</p> <p>This report analyzes the worldwide markets for Whole Grain and High Fiber Foods in US$ Million by the following Product Segments: Cereals, Baked Food, Snacks, and Others (Includes Pasta and flour). The report provides separate comprehensive analytics for the US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span>, and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets. The report profiles 146 companies including many key and niche players such as Cargill, Inc, Cereal Ingredients, Inc., ConAgra Foods, Inc., Creafill Fibers Corp., Fiberstar, Inc., Garuda International, Inc., General Mills, Inc., Grupo Bimbo, S.A.B. de C.V., Gilster-Mary Lee Corporation, Grain Millers, Inc., GTC Nutrition, <span class="xn-person">Hodgson Mill</span>, Inc., International Fiber Corporation, J. RETTENMAIER &amp; SÖHNE GmbH + Co. KG, Kellogg Company, Kerry Group Plc, Kraft Foods, Inc., Kraft Foods North America, Kraft Foods International Malt-O-Meal Company, Matsutani America, Inc., MGP Ingredients, Inc., Nestlé S.A., New World Pasta Company, ORAFTI Group, PepsiCo, Inc., Quaker Oats Company, Ralcorp Holdings, Inc., Sara Lee Bakery Group, Sensus America LLC, SunOpta Ingredients Group, <span class="xn-location">Watson</span>, Inc., and Whole Foods Market, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain.</p> <p>I. INTRODUCTION, METHODOLOGY &amp; PRODUCT DEFINITIONS</p> <p>Study Reliability and Reporting Limitations I-1</p> <p>Disclaimers I-2</p> <p>Data Interpretation &amp; Reporting Level I-3</p> <p>Quantitative Techniques &amp; Analytics I-3</p> <p>Product Definitions and Scope of Study I-3</p> <p>Whole Grains I-3</p> <p>Food Fiber I-4</p> <p>Cereals I-4</p> <p>Baked Foods I-4</p> <p>Snacks I-5</p> <p>Flour I-5</p> <p>Pasta I-5</p> <p>II. EXECUTIVE SUMMARY</p> <p>1. INDUSTRY OVERVIEW AND MARKET TRENDS II-1</p> <p>Rising Awareness &amp; Changing Perceptions Drive Whole Grains Market II-1</p> <p>Global Bread Market Remains Buoyant During Recessionary Period II-1</p> <p>Recession Brings Forth Opportunities for Cereals II-1</p> <p>Demand for Natural Bakery Products Surges Amidst Economic</p> <p>Slowdown II-2</p> <p>Dietary Guidelines Promote Healthy Foods II-2</p> <p>High-Fiber Foods Gain Momentum II-3</p> <p>Limited Information Hinders Widespread Consumer Adoption II-3</p> <p>Health Benefits Aid Higher Fiber Consumption II-3</p> <p>Fighting Obesity with Fibers II-4</p> <p>Promotion of Whole Grains - The Two-in-One Effect II-4</p> <p>Dietary Fibers Fortify Functional Foods Market II-4</p> <p>Market Expansion through Innovative Products II-4</p> <p>Manufacturers Undertake Innovative Formulations for Whole</p> <p>Grain Products II-4</p> <p>Low Fiber Consumption Levels Encourage Innovations II-5</p> <p>Blends Promote Whole Grain Consumption II-5</p> <p>Consumers in Confusion Over Whole Grain and Fiber Labels II-6</p> <p>Healthy Alternatives Boost Growth in US and European Bakery</p> <p>Sector II-6</p> <p>Snack Food Industry Wakes Up to the Need for Healthy Alternatives II-6</p> <p>Whole Grain Products Counter Declining Pasta Sales II-7</p> <p>Whole Grain Products Aid Revenue Growth II-7</p> <p>Formulation of Whole Grain Products - A Tough Task for</p> <p>Manufacturers II-7</p> <p>Special Breads Segment - Benefiting from the Focus on Health</p> <p>Foods II-8</p> <p>Food Companies Shift Focus to Whole Grains II-8</p> <p>2. AN INTRODUCTION TO WHOLE GRAINS II-9</p> <p>Whole Grains - A Historical Review II-9</p> <p>Constituents of a Grain II-9</p> <p>Germ II-9</p> <p>Endosperm II-9</p> <p>Bran II-10</p> <p>Common Grains in Use II-10</p> <p>Whole Grains &amp; Whole Grain Foods - A Conceptual Definition II-10</p> <p>Gluten-Free Whole Grains II-10</p> <p>Table 1: Global Gluten-Free Food Product Introductions (2007</p> <p>&amp; 2008 - A Historic Review): Breakdown of Number of</p> <p>Introductions by Sub-Category - Savory/Salty Snacks, Meat</p> <p>Products, Snack/ Cereal/Energy Bars, <span class="xn-person">Baby Savory Meals</span> &amp;</p> <p>Dishes, Baking Ingredients &amp; Mixes, Baby Fruit Products,</p> <p>Desserts &amp; Yogurts, and Cooking Sauces (includes</p> <p>corresponding Graph/Chart) II-11</p> <p>FDA Defines &#39;Whole Grain Foods&#39; II-12</p> <p>Refining Process &amp; its Impact on Grain Constituents II-12</p> <p>The 2005 Dietary Guidelines &amp; Food Guide Pyramid II-13</p> <p>Consumer Response to Dietary Guidelines II-13</p> <p>Whole Grain Consumption Levels for Americans II-14</p> <p>A Glance at Recommendations Over the Years II-14</p> <p>The USDA MyPyramid Guidance System II-14</p> <p>General Mills - Leading By Example II-15</p> <p>Whole Grain Stamp II-15</p> <p>Factors Influencing Consumer Switchover Decision II-16</p> <p>Comparative Cost of Whole Grain Vs Non-Whole Grain Products</p> <p>in the US II-17</p> <p>Current Consumption Levels II-17</p> <p>Benefits of Whole Grains II-18</p> <p>Studies Corroborate Health Benefits of Whole Grains II-18</p> <p>Fast Whole Grain Facts II-19</p> <p>Alleviates Risk of Diabetes II-19</p> <p>Lowering Risk of Heart Disease II-19</p> <p>Nutrition and Digestive Health II-20</p> <p>Whole Grain Health Claims II-20</p> <p>Gaining Prominence II-20</p> <p>FDA Authorized Health Claims for Whole Grain Foods II-20</p> <p>Limitations for Health Claims II-21</p> <p>3. FOOD FIBERS II-22</p> <p>What is Food Fiber? II-22</p> <p>Fiber Content in Relation to Whole Grains II-22</p> <p>Fiber Composition in Select Whole Grains II-22</p> <p>Types of Fiber II-23</p> <p>Soluble Fiber II-23</p> <p>Insoluble Fiber II-23</p> <p>High-Fiber Foods II-24</p> <p>Pasta, Cereals &amp; Grains II-25</p> <p>Fruits II-25</p> <p>Vegetables II-25</p> <p>Legumes, Seeds &amp; Nuts II-26</p> <p>Ideal Fiber Consumption Levels II-26</p> <p>Table 2: World Market for High-Fiber Bread (2011): Per Capita</p> <p>Consumption in Select Geographical Markets (In Kilograms)</p> <p>(includes corresponding Graph/Chart) II-27</p> <p>Health Benefits of Fiber II-27</p> <p>Critical for Human Digestive System II-27</p> <p>Low Risk of Cardiovascular Diseases II-28</p> <p>Facilitate Diabetes Management II-28</p> <p>Aids Weight Management II-28</p> <p>Side Effects of Excessive Fiber Consumption II-28</p> <p>4. WHOLE GRAIN &amp; HIGH-FIBER FOODS II-29</p> <p>Cereals II-29</p> <p>Breakfast Cereals II-29</p> <p>Baked Foods II-30</p> <p>Snacks II-30</p> <p>Flour II-30</p> <p>Wheat Flour II-31</p> <p>Bromated Flour II-31</p> <p>Cake Flour II-31</p> <p>Graham Flour II-31</p> <p>Pastry Flour II-31</p> <p>Durum Flour II-31</p> <p>Corn Flour II-31</p> <p>Rye Flour II-32</p> <p>Rice Flour II-32</p> <p>Chickpea Flour II-32</p> <p>Tang Flour II-32</p> <p>Plain Flour II-32</p> <p>Pasta II-32</p> <p>Common Pasta Types and their Shapes II-33</p> <p>Micro Pasta II-33</p> <p>Ribbon Pasta Noodles II-34</p> <p>Shaped Pasta II-34</p> <p>Strand Noodles II-35</p> <p>Stuffed Pasta II-36</p> <p>Tubular Pasta II-36</p> <p>Whole Grains &amp; Beans II-37</p> <p>5. RECENT INDUSTRY ACTIVITY II-38</p> <p>Grupo Bimbo to Acquire Fresh Bakery Business of <span class="xn-person">Sara Lee</span> in</p> <p><span class="xn-location">Spain</span> and Portugal II-38</p> <p><span class="xn-person">Sara Lee</span> to be Divided into Two Companies II-38</p> <p>Grupo Bimbo to Acquire North American Fresh Bakery business of</p> <p><span class="xn-person">Sara Lee II</span>-38</p> <p>Viterra Acquires 21st Century Grain Processing II-38</p> <p>Attune Foods Takes Over Erewhon and Uncle Sam Cereal Brands</p> <p>from US Mills II-39</p> <p>Viterra Acquires Dakota Growers Pasta Company II-39</p> <p>EQT Partners to Establish JV with QinYuan Industry II-39</p> <p>Manitoba Agri-Health Research Network Collaborates with</p> <p>Granotec Group II-39</p> <p>Grupo Bimbo Snaps Up Weston Foods&#39; Fresh Bakery Operations II-39</p> <p>General Mills to Sell Part of Bakeries &amp; Foodservice Frozen</p> <p>Dough Operations II-40</p> <p>PepsiCo&#39;s Frito-Lay North America Unit Inks Agreement with</p> <p><span class="xn-person">Jack Link</span>&#39;s II-40</p> <p>SunOpta Forms Partnership with PolyCell Technologies II-40</p> <p>General Mills Streamlines Business Operations in <span class="xn-location">Brazil</span> II-40</p> <p>6. STRATEGIC CORPORATE DEVELOPMENTS - A HISTORIC PERSPECTIVE BUILDER II-41</p> <p>PepsiCo Acquires Penelopa II-41</p> <p>Diamond Foods to Acquire Popcorn Business of General Mills II-41</p> <p>Kerry to Take Over Breeo Foods II-41</p> <p>Kellogg Acquires Zhenghang Food Company II-41</p> <p>Kellogg Pockets Specialty Cereals II-41</p> <p>Kellogg Takes Over Assets of Brownie Products &amp; IndyBake Products II-42</p> <p>Kellogg Company Takes Over Recipes and Trademarks of Mother&#39;s</p> <p>Cake &amp; Cookie II-42</p> <p>Flower Foods Takes Over ButterKrust bakery II-42</p> <p>Olympus Partners Takes Over Ann&#39;s House of Nuts II-42</p> <p>World Gourmet Marketing Takes Over Rivard Popcorn II-43</p> <p>Kellogg Acquires United Bakers II-43</p> <p>Ralcorp to Acquire Post Cereals Line from Kraft II-43</p> <p>Ralcorp Holdings Takes Over Bloomfield Bakers II-43</p> <p>Ralcorp Holdings Acquires Beta Brands II-44</p> <p>Litagra Acquires Kedainiai Grain II-44</p> <p>VFF Forays into Indian Health Food Segment II-44</p> <p>General Mills and Curves Partner to Offer Weight Management Brand II-44</p> <p>ConAgra Acquires Lincoln Snacks II-44</p> <p>Altria Group Spins-off Kraft Foods II-45</p> <p>Kraft Foods Divests Hot Cereals Business to B&amp;G Subsidiary II-45</p> <p>SIG Strategic Investments, LLLP Acquires U.S. Mills II-45</p> <p>Whole Foods Market Takes Over Wild Oats II-45</p> <p>Dunkin Brands Fully Acquires Dunkin&#39; Donuts II-45</p> <p>Rich Products Corp. Takes Over GLP Free Manufacturing Corp. II-45</p> <p>7. PRODUCT INTRODUCTIONS/INNOVATIONS II-46</p> <p>Bear NakedTM Launches Novel Trail Mix Blends II-46</p> <p>UNCLE BEN&#39;S® Launches Whole Grain White Rice II-46</p> <p>Perdue Farms Launches Whole Grain Breaded Chicken II-46</p> <p>Archer Daniels Midland Unveils Sorghum Flour and Whole Grain</p> <p>Sorghum Flour II-46</p> <p>Kraft Foods to Increase Whole Grain Content in Nabisco Cracker</p> <p>Brands II-46</p> <p>Warburtons to Introduce SnackaDoodle and Chippidy DooDaa</p> <p>Snacks Range II-47</p> <p>Wasabröd Launches New Crispbreads II-47</p> <p>Quaker Oats Reintroduces Whole-Grain Products Range II-47</p> <p>Nestlé to Launch Milo and Multigrain Cheerios II-47</p> <p>B&amp;G Foods Rolls Out Cream of Wheat Healthy Grain Instant Hot</p> <p>Cereal II-48</p> <p>Racconto Introduces New Pasta II-48</p> <p>Progress to Introduce High Fiber Soups Line II-48</p> <p>Pepperidge Farm Launches Goldfish Grahams Baked Snack Crackers II-48</p> <p>Fiber One Introduces Muffin Mix II-49</p> <p>8. PRODUCT INNOVATIONS/LAUNCHES - A HISTORIC PERSPECTIVE BUILDER II-50</p> <p>Quaker Introduces Quaker High Fiber Oatmeal to Go and Quaker</p> <p>High Fiber Instant Oatmeal Bars II-50</p> <p>Quaker Rolls Out Quaker® Chewy Granola Bars with Protein II-50</p> <p>General Mills Unveils Rice Chex® Cereal II-50</p> <p>Barilla Rolls Out Barilla Whole Grain Pasta II-50</p> <p>F &amp; N Rolls Out New Lifestyle Food II-51</p> <p>Kashi to Introduce Frozen Sandwiches II-51</p> <p>Kashi Launches Two Whole Grain Food Products II-51</p> <p>Canada Bread Company Launches Dempster&#39;s Smart™ 100% Whole</p> <p>Grain Wheat Bread II-51</p> <p>Oroweat Launches New 100% Whole Grain &amp; <span class="xn-person">Honey Bread II</span>-51</p> <p>All-Bran Launches Strawberry Medley II-52</p> <p>Kellogg Introduces Multi-Grain Corn Flakes II-52</p> <p>Kashi Launches Kashi Granola II-52</p> <p>Nature&#39;s Path Introduces Fiber-rich SmartBran II-52</p> <p>Weetabix Launches New Wholegrain Cereal II-52</p> <p>Bagrry&#39;s Introduces Hi-Fiber Oats II-52</p> <p>Kellogg Adds to Cereal Bars Line II-53</p> <p>General Mills Introduces Chocolate Chex™ Breakfast Cereal II-53</p> <p>Hodgson Unveils New Steel Cut Oats Hot Cereal II-53</p> <p><span class="xn-person">Orville Redenbacher</span>&#39;s Unveils New Natural Popcorn Flavors II-53</p> <p>Boca Foods Launches Boca Meatless Breakfast Wraps II-53</p> <p>Kashi Company Offers New Flavors of GOLEAN® Roll II-54</p> <p>Kellogg Launches New Line Up of Snack and Meal Alternatives II-54</p> <p>Mama Rosie&#39;s Unveils Low Fat Ravioli II-54</p> <p>Price Chopper Introduces Co-Branded Vitamin- Fortified Cereals II-54</p> <p>Pepperidge Farm Unveils New Line of Whole Grain Breads II-55</p> <p>Quaker Oats Launches Life Chocolate Oat Crunch® II-55</p> <p>Quaker Snacks Launches Chewy Granola Bars II-55</p> <p>Country Choice Launches FIT KIDS Instant Oatmeal in Two Flavors II-55</p> <p>Krispy Kreme Introduces Whole-Wheat Doughnut II-55</p> <p>9. FOCUS ON SELECT GLOBAL PLAYERS II-56</p> <p>Cargill, Inc. (US) II-56</p> <p>Cereal Ingredients, Inc. (US) II-56</p> <p>ConAgra Foods, Inc. (US) II-56</p> <p>Creafill Fibers Corp. (US) II-57</p> <p>Fiberstar, Inc. (US) II-57</p> <p>Garuda International, Inc. (US) II-57</p> <p>General Mills, Inc. (US) II-57</p> <p>Grupo Bimbo, S.A.B. de C.V. (<span class="xn-location">Mexico</span>) II-58</p> <p>Gilster-Mary Lee Corporation (US) II-59</p> <p>Grain Millers, Inc. (US) II-59</p> <p>GTC Nutrition (US) II-59</p> <p><span class="xn-person">Hodgson Mill</span>, Inc. (US) II-60</p> <p>International Fiber Corporation (US) II-60</p> <p>J. RETTENMAIER &amp; SÖHNE GmbH + Co. KG (<span class="xn-location">Germany</span>) II-60</p> <p>Kellogg Company (US) II-61</p> <p>Kerry Group Plc. (<span class="xn-location">Ireland</span>) II-61</p> <p>Kraft Foods, Inc. (US) II-62</p> <p>Kraft Foods North America II-62</p> <p>Kraft Foods International II-62</p> <p>Malt-O-Meal Company (US) II-63</p> <p>Matsutani America, Inc. (US) II-63</p> <p>MGP Ingredients, Inc. (US) II-63</p> <p>Nestlé S.A. (<span class="xn-location">Switzerland</span>) II-64</p> <p>New World Pasta Company (US) II-64</p> <p>ORAFTI Group (<span class="xn-location">Belgium</span>) II-64</p> <p>PepsiCo, Inc. (US) II-65</p> <p>Quaker Oats Company (US) II-65</p> <p>Ralcorp Holdings, Inc. (US) II-65</p> <p>Sara Lee Bakery Group (US) II-66</p> <p>Sensus America LLC (US) II-66</p> <p>SunOpta Ingredients Group (US) II-67</p> <p><span class="xn-location">Watson</span>, Inc. (US) II-67</p> <p>Whole Foods Market, Inc. (US) II-67</p> <p>10. MAJOR COUNCILS/ASSOCIATIONS II-68</p> <p>The Whole Grains Council II-68</p> <p>International Fiber Council II-68</p> <p>The National Fiber Council II-69</p> <p>11. GLOBAL MARKET PERSPECTIVE II-70</p> <p>Table 3: World Recent Past, Current &amp; Future Analysis for</p> <p>Whole Grain and High Fiber Foods by Geographic Region - US,</p> <p><span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest of World</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-70</p> <p>Table 4: World Historic Review for Whole Grain and High Fiber</p> <p>Foods by Geographic Region - US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(including <span class="xn-location">Japan</span>) and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-71</p> <p>Table 5: World 15-Year Perspective for Whole Grain and High</p> <p>Fiber Foods by Geographic Region - Percentage Breakdown of</p> <p>Dollar Sales for US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>)</p> <p>and Rest of World Markets for Years 2003, 2011 &amp; 2017</p> <p>(includes corresponding Graph/Chart) II-72</p> <p>Whole Grain and High Fiber Foods Market by Product Segments II-73</p> <p>Table 6: World Recent Past, Current &amp; Future Analysis for</p> <p>Cereals containing Whole Grain and High Fiber by Geographic</p> <p>Region - US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest</p> <p>of World Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-73</p> <p>Table 7: World Historic Review for Cereals containing Whole</p> <p>Grain and High Fiber by Geographic Region - US, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales in US$ Million for</p> <p>Years 2003 through 2008 (includes corresponding Graph/Chart) II-74</p> <p>Table 8: World 15-Year Perspective for Cereals containing</p> <p>Whole Grain and High Fiber by Geographic Region - Percentage</p> <p>Breakdown of Dollar Sales for US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(including <span class="xn-location">Japan</span>) and Rest of World Markets for Years 2003,</p> <p>2011 &amp; 2017 (includes corresponding Graph/Chart) II-75</p> <p>Table 9: World Recent Past, Current &amp; Future Analysis for</p> <p>Baked Food containing Whole Grain and High Fiber by Geographic</p> <p>Region - US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest</p> <p>of World Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-76</p> <p>Table 10: World Historic Review for Baked Food containing</p> <p>Whole Grain and High Fiber by Geographic Region - US, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (Including Japan) and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) II-77</p> <p>Table 11: World 15-Year Perspective for Baked Food Containing</p> <p>Whole Grain and High Fiber by Geographic Region - Percentage</p> <p>Breakdown of Dollar Sales for US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(including <span class="xn-location">Japan</span>) and Rest of World Markets for Years 2003,</p> <p>2011 &amp; 2017 (includes corresponding Graph/Chart) II-78</p> <p>Table 12: World Recent Past, Current &amp; Future Analysis for</p> <p>Snacks containing Whole Grain and High Fiber by Geographic</p> <p>Region - US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest</p> <p>of World Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-79</p> <p>Table 13: World Historic Review for Snacks containing Whole</p> <p>Grain and High Fiber by Geographic Region - US, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) II-80</p> <p>Table 14: World 15-Year Perspective for Snacks containing</p> <p>Whole Grain and High Fiber by Geographic Region - Percentage</p> <p>Breakdown of Dollar Sales for US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(including <span class="xn-location">Japan</span>) and Rest of World Markets for Years 2003,</p> <p>2011 &amp; 2017 (includes corresponding Graph/Chart) II-81</p> <p>Table 15: World Recent Past, Current &amp; Future Analysis for</p> <p>Other Whole Grain and High Fiber Foods by Geographic Region -</p> <p>US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>) and Rest of World</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-82</p> <p>Table 16: World Historic Review for Other Whole Grain and High</p> <p>Fiber Foods by Geographic Region - US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(including <span class="xn-location">Japan</span>) and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-83</p> <p>Table 17: World 15-Year Perspective for Other Whole Grain and</p> <p>High Fiber Foods by Geographic Region - Percentage Breakdown</p> <p>of Dollar Sales for US, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (including <span class="xn-location">Japan</span>)</p> <p>and Rest of World Markets for Years 2003, 2011 &amp; 2017</p> <p>(includes corresponding Graph/Chart) II-84</p> <p>III. MARKET</p> <p>1. <span class="xn-location">THE UNITED STATES</span> III-1</p> <p>A.Market Analysis III-1</p> <p>Overview III-1</p> <p>Prospects for US Wholegrain Products Market Remain Upbeat</p> <p>Despite Recession III-1</p> <p>New Whole Grain Products Flood the US Market III-2</p> <p>Emerging Opportunities in the US Bread Market III-2</p> <p>Changing Face of the US Food Industry III-3</p> <p>Consumption Trends in the US III-3</p> <p>Obesity - A Major Health Concern III-3</p> <p>&#39;Aware&#39; Americans to Boost Consumption of Healthy Foods III-4</p> <p>Innovative Product Formulations Rule Roost III-4</p> <p>Table 18: US Whole Grains Market (2011): Percentage</p> <p>Breakdown of Product Launches# by Category for Bakery,</p> <p>Breakfast Cereals, Snacks, Side Dishes, and Others</p> <p>(includes corresponding Graph/Chart) III-4</p> <p>A Surging Food Fiber Industry III-5</p> <p>Dietary Guidelines Pep Up Whole Grain Foods Consumption III-5</p> <p>Identifying Whole Grains - A Tricky Process III-5</p> <p>Table 19: Whole Grains Consumption in the US (2011):</p> <p>Percentage Share of Consumers by Number of Whole Grain</p> <p>Servings Consumed (includes corresponding Graph/Chart) III-6</p> <p>Market Share Statistics: Companies &amp; Brands - By Product</p> <p>Category III-6</p> <p>Cereals and Bars III-6</p> <p>Table 20: Leading Players in the US Breakfast Cereals</p> <p>Market (2011): Percentage Breakdown of Dollar Sales for</p> <p>Kellogg Company, General Mills, Ralcorp, Quaker Oats,</p> <p>Malt-O-Meal, Private Labels,and Others (includes</p> <p>corresponding Graph/Chart) III-6</p> <p>Table 21: Leading Brands for Breakfast Cereals in the US</p> <p>(2009): Percentage Breakdown of Dollar Sales for General</p> <p>Mills Cheerios, Kellogg&#39;s Special K, Post Honey Bunches of</p> <p>Oats, Kellogg&#39;s Frosted Flakes, Kellogg&#39;s Frosted Mini</p> <p>Wheats, Kellogg&#39;s Raisin Bran, Kellogg&#39;s Froot Loops,</p> <p>General Mills Cinnamon Toast Crunch, General <span class="xn-person">Mills Lucky</span></p> <p>Charms, Quaker Oats Cap&#39;n Crunch, Quaker Oats Life,</p> <p>Kellogg&#39;s Rice Krispies, Kellogg&#39;s Corn Flakes, and Others</p> <p>(includes corresponding Graph/Chart) III-7</p> <p>Table 22: US Market for Bars (2009): Annual Sales in US$</p> <p>millions Through Supermarkets, Drugstores &amp; Mass</p> <p>Merchandisers by Category - Granola, Breakfast</p> <p>Cereal/Snack, Nutritional/ Intrinsic Health Value, Rice</p> <p>Snack Squares, and Others (includes corresponding</p> <p>Graph/Chart) III-8</p> <p>Table 23: Top 10 Granola Bar Brands in the US (2009):</p> <p>Annual Sales in US$ Million Through Supermarkets,</p> <p>Drugstores &amp; Mass Merchandisers (includes corresponding</p> <p>Graph/Chart) III-8</p> <p>Table 24: Top 10 Nutritional/Intrinsic Health Bar Brands</p> <p>in the US (2008): Annual Sales in US$ Million for</p> <p>ZonePerfect, Clif, <span class="xn-person">Clif Luna</span>, Kellogg&#39;s Special K Protein,</p> <p>Power Bar, Slim-Fast Optimal Meal On-The-Go, Kraft South</p> <p>Beach Diet, Pure Protein, Balance, Kashi GoLean (includes</p> <p>corresponding Graph/Chart) III-9</p> <p>Bread III-9</p> <p>Table 25: US Market for Fresh Bread (2009): Annual Sales in</p> <p>US$ Million for Leading Brands (includes corresponding</p> <p>Graph/Chart) III-9</p> <p>Table 26: Top 10 Bread Manufacturers in the US (2009):</p> <p>Annual Retail Sales in US$ Millions (includes corresponding</p> <p>Graph/Chart) III-10</p> <p>Table 27: US Market for Bread (2008): Annual Volume Sales</p> <p>in Million Units for Manufacturers through Supermarkets</p> <p>(includes corresponding Graph/Chart) III-10</p> <p>Historic Statistics III-11</p> <p>Strengthening Whole Grain Products Market III-11</p> <p>Table 28: US Whole Grains Market: Number of Products</p> <p>Launched (with whole grain claims) during 2002-2006</p> <p>(includes corresponding Graph/Chart) III-11</p> <p>Table 29: US Whole Grains Market (2004-2006): Percentage</p> <p>Breakdown of Product Launches by Category for Bakery,</p> <p>Breakfast Cereals, Snacks, Side Dishes, Meals &amp; Meal</p> <p>Centers and Others (includes corresponding Graph/Chart) III-12</p> <p>Whole Grain Products Versus Low-Carb &amp; Low-Fat Products III-13</p> <p>Table 30: Percentage Share of Number of Product</p> <p>Introductions (1993-2003) for Low-Fat, Low-Carb and Whole</p> <p>Grain Products in the US (includes corresponding</p> <p>Graph/Chart) III-13</p> <p>Traditional Products Make a Comeback III-13</p> <p>Rising Demand for Whole Grain Baked Goods III-14</p> <p>Demographics Influence Dietary Trends III-14</p> <p>Rising Consumption of Whole Grains to Affect Organic Food Sales III-15</p> <p>Grocery Stores - Fighting Fast Food Outlets with Whole Grain</p> <p>Products III-15</p> <p>Obstacles in Adoption of Whole Grain Diet III-15</p> <p>Low Consumption - A Continuous Problem III-16</p> <p>New Strategies to Promote Whole Grain Consumption III-16</p> <p>Focus on Select Players III-16</p> <p>B.Market Analytics III-18</p> <p>Table 31: US Recent Past, Current &amp; Future Analysis for</p> <p>Whole Grain and High Fiber Foods by Product Segment -</p> <p>Cereals, Baked Food, Snacks, and Other Whole Grain &amp; High</p> <p>Fiber Food Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017(includes</p> <p>corresponding Graph/Chart) III-18</p> <p>Table 32: US Historic Review for Whole Grain and High Fiber</p> <p>Foods by Product Segment - Cereals, Baked Food, Snacks, and</p> <p>Other Whole Grain &amp; High Fiber Food Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) III-19</p> <p>Table 33: US 15-Year Perspective for Whole Grain and High</p> <p>Fiber Foods by Product Segment - Percentage Breakdown of</p> <p>Dollar Sales for Cereals, Baked Food, Snacks, and Other</p> <p>Whole Grain &amp; High Fiber Food Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) III-20</p> <p>2. <span class="xn-location">EUROPE</span> III-21</p> <p>A.Market Analysis III-21</p> <p>Overview III-21</p> <p>European Bakery Sector Moves Towards Healthy Alternatives III-21</p> <p>GI Diet Promotes Whole Grain Pasta Consumption III-21</p> <p>Baked Beans Picking Up Pace III-21</p> <p>Heightening Consumer Distrust in Cereal Manufacturers in</p> <p>the UK III-22</p> <p>Focus on Select Players III-22</p> <p>B.Market Analytics III-23</p> <p>Table 34: European Recent Past, Current &amp; Future Analysis</p> <p>for Whole Grain and High Fiber Foods by Product Segment -</p> <p>Cereals, Baked Food, Snacks, and Other Whole Grain &amp; High</p> <p>Fiber Food Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-23</p> <p>Table 35: European Historic Review for Whole Grain and High</p> <p>Fiber Foods by Product Segment - Cereals, Baked Food,</p> <p>Snacks, and Other Whole Grain &amp; High Fiber Food Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) III-24</p> <p>Table 36: European 15-Year Perspective for Whole Grain and</p> <p>High Fiber Foods by Product Segment - Percentage Breakdown</p> <p>of Dollar Sales for Cereals, Baked Food, Snacks, and Other</p> <p>Whole Grain &amp; High Fiber Food Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) III-25</p> <p>3. <span class="xn-location">ASIA-PACIFIC</span> III-26</p> <p>A.Market Analysis III-26</p> <p>Japan III-26</p> <p>Table 37: Leading players in Japanese Cereals Market</p> <p>(2011): Percentage Breakdown of Dollar Sales for Kellogg</p> <p>CO., Calbee Foods Company Ltd., Nissin Food Products</p> <p>Company Ltd., and Others (includes corresponding</p> <p>Graph/Chart) III-26</p> <p><span class="xn-location">India</span> - A Habitual Consumer of Whole Grain &amp; High Fiber Foods III-26</p> <p>B.Market Analytics III-27</p> <p>Table 38: Asia-Pacific Recent Past, Current &amp; Future</p> <p>Analysis for Whole Grain and High Fiber Foods by Product</p> <p>Segment - Cereals, Baked Food, Snacks, and Other Whole Grain</p> <p>&amp; High Fiber Food Markets Independently Analyzed with Annual</p> <p>Sales in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-27</p> <p>Table 39: Asia-Pacific Historic Review for Whole Grain and</p> <p>High Fiber Foods by Product Segment - Cereals, Baked Food,</p> <p>Snacks, and Other Whole Grain &amp; High Fiber Food Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) III-28</p> <p>Table 40: <span class="xn-location">Asia-Pacific</span> 15-Year Perspective for Whole Grain</p> <p>and High Fiber Foods by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Cereals, Baked Food, Snacks,</p> <p>and Other Whole Grain &amp; High Fiber Food Markets for Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-29</p> <p>4. REST OF WORLD III-30</p> <p>A.Market Analysis III-30</p> <p>Whole Grain Products Gaining Popularity in <span class="xn-location">Canada</span> III-30</p> <p>B.Market Analytics III-31</p> <p>Table 41: Rest of World Recent Past, Current &amp; Future</p> <p>Analysis for Whole Grain and High Fiber Foods by Product</p> <p>Segment - Cereals, Baked Food, Snacks, and Other Whole Grain</p> <p>&amp; High Fiber Food Markets Independently Analyzed with Annual</p> <p>Sales Figures in US$ Million for Years 2009 through 2017</p> <p>(includes corresponding Graph/Chart) III-31</p> <p>Table 42: Rest of World Historic Review for Whole Grain and</p> <p>High Fiber Foods by Product Segment - Cereals, Baked Food,</p> <p>Snacks, and Other Whole Grain &amp; High Fiber Food Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) III-32</p> <p>Table 43: Rest of World 15-Year Perspective for Whole Grain</p> <p>and High Fiber Foods by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Cereals, Baked Food, Snacks,</p> <p>and Other Whole Grain &amp; High Fiber Food Markets for Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-33</p> <p>IV. COMPETITIVE LANDSCAPE</p> <p>Total Companies Profiled: 146 (including Divisions/Subsidiaries - 187)</p> <p>------------------------------------------</p> <p>Region/Country Players</p> <p>------------------------------------------</p> <p><span class="xn-location">The United States</span> 127</p> <p><span class="xn-location">Canada</span> 8</p> <p><span class="xn-location">Japan</span> 1</p> <p><span class="xn-location">Europe</span> 45</p> <p><span class="xn-location">France</span> 4</p> <p><span class="xn-location">Germany</span> 8</p> <p>The <span class="xn-location">United Kingdom</span> 13</p> <p><span class="xn-location">Italy</span> 5</p> <p><span class="xn-location">Spain</span> 3</p> <p>Rest of <span class="xn-location">Europe</span> 12</p> <p><span class="xn-location">Asia-Pacific</span> (Excluding Japan) 5</p> <p><span class="xn-location">Latin America</span> 1</p> <p>------------------------------------------</p> <p><b>To order this report:</b></p> <p><a href="http://www.reportlinker.com/ci02033/Breakfast-and-Cereal.html"><b>Breakfast and Cereal Industry</b></a><b>: </b><a href="http://www.reportlinker.com/p080471/Global-Whole-Grain-and-High-Fiber-Foods-Industry.html"><b>Global Whole Grain and High Fiber Foods Industry</b></a></p> <p>More  <a href="http://www.reportlinker.com/">Market Research Report</a></p> <p>Check our  <a href="http://www.reportlinker.com/news/">Industry Analysis and Insights</a></p> <p>__________________________</p> <p>Contact Nicolas: <a href="mailto:nicolasbombourg@reportlinker.com">nicolasbombourg@reportlinker.com</a><br/>US: (805)-652-2626<br/>Intl: +1 805-652-2626</p> <p>SOURCE Reportlinker</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=SP10589&amp;Transmission_Id=201205211202PR_NEWS_USPR_____SP10589&amp;DateId=20120521" style="border:0px; width:1px; height:1px;"/> Global Herbal Supplements and Remedies Industry http://www.einpresswire.com/article/798421-global-herbal-supplements-and-remedies-industry http://www.einpresswire.com/article/798421-global-herbal-supplements-and-remedies-industry Mon, 21 May 2012 14:22:49 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Global Herbal Supplements and Remedies Industry</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">NEW YORK</span>, <span class="xn-chron">May 21, 2012</span> /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:</p> <p><a href="http://www.reportlinker.com/p080429/Global-Herbal-Supplements-and-Remedies-Industry.html">Global Herbal Supplements and Remedies Industry</a></p> <p>http://www.reportlinker.com/p080429/Global-Herbal-Supplements-and-Remedies-Industry.html#utm_source=prnewswire&amp;utm_medium=pr&amp;utm_campaign=Vitamin_a</p> <p>This report analyzes the worldwide markets for Herbal Supplements and Remedies in US$ Million by the following Product Segments: Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal Supplements. The report provides separate comprehensive analytics for the <span class="xn-location">USA</span>, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span>, <span class="xn-location">Latin America</span>, and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets. The report profiles 108 companies including many key and niche players such as Amerifit Brands, Inc., Arizona Natural Products, Inc., Arkopharma SA, Bio-Botanica, Inc., Blackmores Ltd., Emami Ltd, Himalaya Drug Company, Imperial Ginseng Products Ltd., Indfrag Ltd., International Vitamin Corp [IVC], MMS Pro Professional Products, Natrol, Inc., Nature&#39;s Answer, Nature&#39;s Sunshine Products, Inc., NBTY, Inc., Sundown Nutrition, Nutraceutical International Corporation, Pharma Nord APS, Pharmaton Natural Health Products, Pharmavite® LLC, Potters Herbal Medicines, Ricola <span class="xn-location">USA</span> Inc, TwinLab Corporation, and Nature&#39;s Herbs. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain.</p> <p>I. INTRODUCTION, METHODOLOGY &amp; PRODUCT DEFINITIONS</p> <p>Study Reliability and Reporting Limitations I-1</p> <p>Disclaimers I-2</p> <p>Data Interpretation &amp; Reporting Level I-3</p> <p>Quantitative Techniques &amp; Analytics I-3</p> <p>Product Definitions and Scope of Study I-3</p> <p>Product Definitions I-4</p> <p>Ginkgo Biloba I-4</p> <p>Garlic I-4</p> <p>Ginseng I-4</p> <p>Echinacea I-4</p> <p>St. John&#39;s Wort I-4</p> <p>Soy I-4</p> <p>Aloe Vera I-5</p> <p>Specialty Herbs I-5</p> <p>Multi-Herbs I-5</p> <p>Other Herbal Supplements I-5</p> <p>II. EXECUTIVE SUMMARY</p> <p>1. GLOBAL MARKET ANALYSIS II-1</p> <p>Herbal Supplements and Remedies Defy Recession II-1</p> <p>Herbs on the Positive Note II-1</p> <p>Botanical Supplements Find a Niche in Functional Foods II-2</p> <p>Sustainability - A Prime Concern II-2</p> <p>Regional Landscape II-2</p> <p>Prospects and Challenges of Dietary Supplements II-3</p> <p>What Differentiates Herbals From Pharmaceuticals - A</p> <p>Comparative Analysis II-3</p> <p>Herbal Supplements Market II-3</p> <p>Demographics - Playing a Major Role II-4</p> <p>Table 1: Dietary Supplements Market Worldwide (2008):</p> <p>Percentage Preference by Gender and Age Group (includes</p> <p>corresponding Graph/Chart) II-4</p> <p>Natural Herbalism - A Global Perspective II-5</p> <p>Table 2: Worldwide Health and Wellness Market (2009 &amp; 2010):</p> <p>Percentage Breakdown of Leading Categories-Functional</p> <p>fortified foods &amp; beverages, Vitamins, minerals, herbal &amp;</p> <p>dietary supplements, Organic foods and beverages, Natural</p> <p>foods and beverages and Personal care (includes corresponding</p> <p>Graph/Chart) II-5</p> <p>Table 3: Herbal Supplements Market Worldwide (2009):</p> <p>Percentage Breakdown of Treatment Procedures for Western</p> <p>Herbalism, Traditional Chinese Medicines, Homeopathy and</p> <p>Ayurveda (includes corresponding Graph/Chart) II-6</p> <p>Table 4: Leading Brands in the Global Soymilk Market (2008):</p> <p>Percentage Share Breakdown for Silk, Silk Light, 8th</p> <p>Continent, Silk Plus, Lifeway, Private label and Others</p> <p>(includes corresponding Graph/Chart) II-6</p> <p>Natural Medicine Acceptance Increases as Standard Chemical</p> <p>Remedies Lose Appeal II-7</p> <p>Botanical Products II-7</p> <p>The Other Side - Herbal Remedies Endangering Wild Plant Species II-8</p> <p>2. MARKET TRENDS &amp; ISSUES II-9</p> <p>Demand for Natural Health and Food Supplements on the Rise II-9</p> <p>Functional Foods Market - Product Strategies Being Redefined II-9</p> <p>Multi-Herbal Products on the Rise II-9</p> <p>Ayurvedic Supplements Go Mainstream II-9</p> <p>Reasons for Cheer II-10</p> <p>Women&#39;s Healthcare Needs Propel Market II-10</p> <p>Rising Concerns of Herbal Supplements II-11</p> <p>Laboratory Studies Challenge Safety of Herbal Supplements II-11</p> <p>Adverse Effects of Herbal Supplements- A Case Study II-11</p> <p>Herbal Supplements and Prescription Drugs II-12</p> <p>Herbal supplements and Breast Cancer II-12</p> <p>Impact of Herbal Supplements on Patients Undergoing Plastic</p> <p>Surgery II-12</p> <p>Herbal Remedies &amp; Arthritis Patients II-12</p> <p>Impact of Media on the Herbs II-13</p> <p>Lack of Brand Loyalty - Improves Private Label Category II-13</p> <p>Specialty Products - A Booming Market II-13</p> <p>3. PRODUCT OVERVIEW II-14</p> <p>Herbal Supplements - Definition II-14</p> <p>History II-14</p> <p>Rise and Fall in American Herbalism II-15</p> <p>Oriental and Ayurvedic Influences II-15</p> <p>Product Segments/Sub-Segments II-16</p> <p>Ginkgo Biloba - Oldest Living Tree Species II-16</p> <p>Garlic - Spice of Life! II-16</p> <p>Ginseng (Panax) - Multitude of Benefits II-16</p> <p>Echinacea - The American Cone Flower II-17</p> <p>Echinacea Augustifolia II-17</p> <p>St. John&#39;s Wort - Aromatic Health II-18</p> <p>Soy II-18</p> <p>Aloe Vera II-18</p> <p>Cat&#39;s Claw II-18</p> <p>Kava II-19</p> <p>Saw Palmetto - Men&#39;s Herbal Formula II-19</p> <p>Saw Palmetto Found to Alleviate Urinary Tract Problems in Men II-19</p> <p>Specialty Herbs II-20</p> <p>Black Cohosh II-20</p> <p>Green Tea II-20</p> <p>Milk Thistle II-20</p> <p>Schisandra II-20</p> <p>Valerian II-20</p> <p>Yohimbe II-20</p> <p>Other Herbal Supplements II-21</p> <p>4. DISTRIBUTION AND RETAIL STRUCTURE II-26</p> <p>Health Food Stores II-26</p> <p>Mass Merchandisers II-26</p> <p>Other Key Distribution Channels II-26</p> <p>5. EFFICACY AND SIDE EFFECTS OF HERBAL SUPPLEMENTS II-27</p> <p>Are Herbal Supplements Really Effective? II-27</p> <p>Side Effects II-27</p> <p>Reality Check II-28</p> <p>FDA Bans Ephedra Supplements II-28</p> <p>Chaparral II-28</p> <p>Penntroyal II-28</p> <p>Quality Roadblocks for Herbal Supplements II-28</p> <p>Ban on Kava Products II-28</p> <p>MHUPO Prohibits Kava-Kava Sale II-28</p> <p>Health Canada Bans Kava-Kava II-29</p> <p>FSAI Orders Removal of 10 Herbal Supplement Products II-29</p> <p>6. PRODUCT INTRODUCTIONS/INNOVATIONS II-30</p> <p>Solbar Industries to Introduce Solpro 735 II-30</p> <p>Rectory Foods Introduces New Garlic Range II-30</p> <p>Jan Dekker Introduces Aloe Con Up 200 II-30</p> <p>Lactiful Launches Lactiful CapsulesTM II-30</p> <p>Bliss Ayurveda Introduces Ayurvedic Herbal Supplements II-31</p> <p>Hamdard Laboratories Introduces Jigreen II-31</p> <p>Biotropics to Unveil New Health Products II-31</p> <p>Solae Launches SUPRO® XF II-31</p> <p>Gaia Herbs Introduces Acai Berry Liquid Phyto-capTM II-32</p> <p>Naturally Nova Scotia Launches Echinacea Throat Spray II-32</p> <p>GreenDog Naturals Unveils Complete Calm II-32</p> <p>GX International Launches GluControl II-33</p> <p>Murad Introduces Pomegranate Mask II-33</p> <p>Livethesource Introduces Nano-Encapsulated Supplement II-33</p> <p>MediHerb Introduces Endocrine Essentials II-33</p> <p>MediHerb Launches Adrenal II-34</p> <p>Biostar Introduces New Products II-34</p> <p>ONE Bio Unveils Complete Beauty and Treatment Series II-34</p> <p>RZN Nutraceuticals To Launch HerbaZorb Technology II-34</p> <p>Hindustan Latex Partners with Kottakal to Launch Women&#39;s</p> <p>Ayurvedic Products II-34</p> <p>Bionorica Launches Sinupret® Monograph II-35</p> <p>Hickman Health Launches an All Natural BeeReady II-35</p> <p>RevGenetics Launches Nitro250 II-35</p> <p>Soy Labs Unveils Peptide Product LunaSoy and Lunasin II-35</p> <p>Nature&#39;s Answer® Launches Orac Super 7™ Wafers and Capsules II-36</p> <p>Nature&#39;s Answer® Launches Chia seeds and Chia Meal II-36</p> <p>ACME Laboratories Introduces Acme&#39;s SPIRULINA II-36</p> <p>ACME Laboratories Introduces GINGO and HEPAMILK II-36</p> <p>Nature Made® Introduces Two More Liquid Softgels II-36</p> <p>Pharmative Launches Nature Made&#39;s Cholesterol Combating Products II-37</p> <p>Nature Made® Launches SAM-e Complete™ II-37</p> <p>SOYJOY® Launches New SOYJOY Bars II-37</p> <p>RevGenetics Unveils Sirtuin Skin II-37</p> <p>Reliv International Introduces GlucAffect™ II-37</p> <p>Enzymatic Therapy®, Launches DGL ULTRA II-38</p> <p>OOKISA Launches OOKISA Hair Thickening Systéme (US) II-38</p> <p>O Organics™ Introduces Organic Supplements II-38</p> <p>Karnataka Soaps and Detergents Introduces New Products (<span class="xn-location">India</span>) II-38</p> <p>Guru Energy Drink Introduces Juicy Superfruit and Full On</p> <p>Lemonade Flavors II-39</p> <p>Anglo-French Drugs and Industries to Introduce Assortment of</p> <p>Herbal Products II-39</p> <p>Moleac Introduces NeuroAid10 in the US II-39</p> <p>7. PRODUCT INNOVATIONS IN RECENT PAST - A PERSPECTIVE BUILDER II-40</p> <p>Bioponic Phytoceuticals Launches an All Natural Baby Product</p> <p>Suite II-40</p> <p>Costa and Company Launches Water in Herbal Flavors II-40</p> <p>Pharmavite Launches Double Strength Fish Oil II-40</p> <p>8. RECENT INDUSTRY ACTIVITY II-41</p> <p>DSM Nutritional Products Acquires Martek II-41</p> <p>CHS Enters into Agreement to Acquire Solbar II-41</p> <p>Mistral Ventures Acquires Nature&#39;s Bioceuticals II-42</p> <p>Martek Biosciences Acquires Amerifit II-42</p> <p>Inverness Medical Innovations Divests Dietary Supplement Business II-42</p> <p>The Carlyle Group Acquires NBTY II-42</p> <p>Mark T. Wendell Tea Acquires Grace Tea II-42</p> <p>BioPharm Asia Acquires Tonghua Tianbao Wood Frog Cultivation II-43</p> <p>Rohto Pharmaceutical Enters into Joint Venture with Uchida</p> <p>Wakanyaku and Chinese Company II-43</p> <p>National Pharmaceutical Signs Letter of Intent with Vida</p> <p>Pharma International II-43</p> <p>Atrium Innovations Acquires Trophic Canada II-43</p> <p>Baywood International to Sell Nutritional Specialties to Nutra II-44</p> <p>Herbalife Acquires Specific Assets of Micelle Laboratories II-44</p> <p>Novus Int`l Arenus Takes Over Equilite II-44</p> <p>Tessenderlo Kerley Acquires Linuron Herbicide Enterprise of</p> <p>DuPont II-44</p> <p>Bayer&#39;s Innovative Cross Licensing Agreements II-45</p> <p>Fresh Harvest Enters into an Agreement with Pharma Health II-45</p> <p>US Farms Enters into Distribution Partnership with Natures Best II-45</p> <p>Avesthagen to Expand its Herbal Supplements Food Business in</p> <p>India II-45</p> <p>Vanguard Pharmaceutical Acquires Swine Guard II-46</p> <p>Town Health International to Acquire Max Goodrich II-46</p> <p>Berje Acquires Whole Herb Company II-46</p> <p>TNC Acquires Trimlife II-46</p> <p>Genesis Acquires Hongrui II-47</p> <p>Atrium Innovations Takes over Nutri-Health Supplements II-47</p> <p>Valensa International Collaborates with Parry Nutraceuticals II-47</p> <p>Emami Ltd Acquired Zandu Pharmaceutical Works Ltd. II-48</p> <p>Valensa International and Parry Nutraceuticals Jointly Launch</p> <p>SpiruZan™ II-48</p> <p>Emerson Ecologics Acquires TIDhealth II-48</p> <p>Indoco Acquires Shree Herbal Technologies II-48</p> <p>Jilin Zixin Pharmaceutical to Acquire Jilin Caohuandan</p> <p>Pharmaceutical II-48</p> <p>Innosis Ecological Acquires Heng Run Xiong Fang Nano Technology II-48</p> <p>Nature&#39;s Way Holding to Acquire Enzymatic Therapy II-49</p> <p>Naturex Acquires Actifs Innovants Unit of Berkem II-49</p> <p>NBTY Acquires Leiner Health Products II-49</p> <p>China Sky One Medical Acquires Heilongjiang Haina Pharmaceutical II-49</p> <p>Tongjitang Chinese Medicines Signs Agreement with <span class="xn-location">Qinghai</span></p> <p>Pulante Pharmaceutical II-50</p> <p>China Aoxing Pharma Acquires Shijiazhuang Lerentang</p> <p>Pharmaceutical II-50</p> <p>Dr. Willmar Schwabe Acquires MH Pharma II-50</p> <p>Herbalife Expands Operations II-51</p> <p>Vitamin Shoppe to Purchase Nutrition Depot Retail Stores II-51</p> <p>US Farms Signs Agreement with EnergyAloe II-51</p> <p>Dynova Laboratories Acquires SiCap Industries II-51</p> <p>Interactive Digital Multimedia Purchases Go Healthy II-51</p> <p>Guangdong Kangmei Pharmaceutical to Establish a New Subsidiary II-52</p> <p>Plethico Pharmaceuticals to Sign Agreement with Molekule II-52</p> <p>Hindustan Biosynth to Acquire Hindustan Pharmaceuticals II-52</p> <p>Taisho Pharmaceutical to Enter Chinese Herbal Medicine Market II-52</p> <p>China Dongsheng International Signs Letter of Intent II-52</p> <p>Phytotech Extracts Enters into Joint Venture with European</p> <p>Pharmaceutical Company II-53</p> <p>Brunel Healthcare Acquires Galloway and <span class="xn-person">Gerard House Brands II</span>-53</p> <p>9. CORPORATE ACTIVITY IN RECENT PAST - A PERSPECTIVE BUILDER II-54</p> <p>Plethico Pharmaceuticals Acquires Natrol, Inc. II-54</p> <p>CVC Acquires Personal Care Retail Chain II-54</p> <p>Hain Celestial Acquires New Personal Care Product Brands II-54</p> <p>Renhuang Pharmaceuticals Adds Herbal Extracting Facility II-54</p> <p>OTPP Board and Ares Management Acquires GNC Parent Corp. II-54</p> <p>Tetley Tea Obtains New Polish Tea Brands II-55</p> <p>GeoPharma Gets Shareholders&#39; Nod for Merger Proposal II-55</p> <p>Himalaya Herbal Enters into Deal With Foreign Retail Chains II-55</p> <p>Himalaya Starts Outlets II-55</p> <p>Shauna Herbal to Open Branches in <span class="xn-location">Dubai</span> and Malaysia II-56</p> <p>10. FOCUS ON SELECT GLOBAL PLAYERS II-57</p> <p>Arizona Natural Products, Inc. (<span class="xn-location">USA</span>) II-57</p> <p>Arkopharma SA (<span class="xn-location">France</span>) II-57</p> <p>Bio-Botanica, Inc. (<span class="xn-location">USA</span>) II-57</p> <p>Blackmores Ltd. (<span class="xn-location">Australia</span>) II-58</p> <p>Emami Ltd (<span class="xn-location">India</span>) II-58</p> <p>Emerson Ecologics, LLC. (<span class="xn-location">USA</span>) II-58</p> <p>Himalaya Drug Company (<span class="xn-location">India</span>) II-58</p> <p>Imperial Ginseng Products Ltd. (<span class="xn-location">Canada</span>) II-59</p> <p>Indfrag Ltd. (<span class="xn-location">India</span>) II-59</p> <p>International Vitamin Corp [IVC] (<span class="xn-location">USA</span>) II-60</p> <p>Natrol, Inc. (<span class="xn-location">USA</span>) II-60</p> <p>Nature&#39;s Answer (<span class="xn-location">USA</span>) II-60</p> <p>Nature&#39;s Sunshine Products, Inc. (<span class="xn-location">USA</span>) II-61</p> <p>NBTY, Inc. (<span class="xn-location">USA</span>) II-61</p> <p>Sundown Nutrition (<span class="xn-location">USA</span>) II-61</p> <p>Nutraceutical International Corporation (<span class="xn-location">USA</span>) II-62</p> <p>Pharma Nord APS (<span class="xn-location">Denmark</span>) II-62</p> <p>Pharmaton Natural Health Products (<span class="xn-location">USA</span>) II-63</p> <p>Pharmavite® LLC (<span class="xn-location">USA</span>) II-63</p> <p>Potters Herbal Medicines (UK) II-63</p> <p>Ricola <span class="xn-location">USA</span> Inc (<span class="xn-location">USA</span>) II-63</p> <p>DSM Nutritional Products Ltd. (<span class="xn-location">Switzerland</span>) II-64</p> <p>Martek Biosciences Corporation (<span class="xn-location">USA</span>) II-64</p> <p>i-Health, Inc (<span class="xn-location">USA</span>) II-64</p> <p>TwinLab Corporation (<span class="xn-location">USA</span>) II-65</p> <p>Nature&#39;s Herbs (<span class="xn-location">USA</span>) II-65</p> <p>11. GLOBAL MARKET PERSPECTIVE II-66</p> <p>Table 5: World Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Geographic Region - US,</p> <p><span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), Latin</p> <p>America and Rest of World Markets Independently Analyzed with</p> <p>Annual Sales Figures in US$ Million for Years 2009 through</p> <p>2017 (includes corresponding Graph/Chart) II-66</p> <p>Table 6: World Historic Review for Herbal Supplements and</p> <p>Remedies by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> andRest of World</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) II-67</p> <p>Table 7: World 15-Year Perspective for Herbal Supplements and</p> <p>Remedies by Geographic Region - Percentage Breakdown of Dollar</p> <p>Sales for US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets for Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) II-68</p> <p>Table 8: World Recent Past, Current &amp; Future Analysis for</p> <p>Ginkgo Biloba by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>,</p> <p><span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest</p> <p>of World Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-69</p> <p>Table 9: World Historic Review for Ginkgo Biloba by Geographic</p> <p>Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> &amp; Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-70</p> <p>Table 10: World 15-Year Perspective for Ginkgo Biloba by</p> <p>Geographic Region - Percentage Breakdown of Dollar Sales for</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) II-71</p> <p>Table 11: World Recent Past, Current &amp; Future Analysis for</p> <p>Garlic by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of</p> <p>World Markets Independently Analyzed with Annual Sales Figures</p> <p>in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-72</p> <p>Table 12: World Historic Review for Garlic by Geographic</p> <p>Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-73</p> <p>Table 13: World 15-Year Perspective for Garlic by Geographic</p> <p>Region - Percentage Breakdown of Dollar Sales for US, <span class="xn-location">Canada</span>,</p> <p><span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),<span class="xn-location">Latin America</span></p> <p>and Rest of World Markets for Years 2003, 2011 &amp; 2017</p> <p>(includes corresponding Graph/Chart) II-74</p> <p>Table 14: World Recent Past, Current &amp; Future Analysis for</p> <p>Ginseng by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of</p> <p>World Markets Independently Analyzed with Annual Sales Figures</p> <p>in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-75</p> <p>Table 15: World Historic Review for Ginseng by Geographic</p> <p>Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-76</p> <p>Table 16: World 15-Year Perspective for Ginseng by Geographic</p> <p>Region - Percentage Breakdown of Dollar Sales for US, <span class="xn-location">Canada</span>,</p> <p><span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span></p> <p>and Rest of World Markets for Years 2003, 2011 &amp; 2017</p> <p>(includes corresponding Graph/Chart) II-77</p> <p>Table 17: World Recent Past, Current &amp; Future Analysis for</p> <p>Echinacea by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),<span class="xn-location">Latin America</span> and Rest of World</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-78</p> <p>Table 18: World Historic Review for Echinacea by Geographic</p> <p>Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-79</p> <p>Table 19: World 15-Year Perspective for Echinacea by</p> <p>Geographic Region - Percentage Breakdown of Dollar Sales for</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) II-80</p> <p>Table 20: World Recent Past, Current &amp; Future Analysis for St.</p> <p>John&#39;s Wort by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of</p> <p>World Markets Independently Analyzed with Annual Sales Figures</p> <p>in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-81</p> <p>Table 21: World Historic Review for St. John&#39;s Wort by</p> <p>Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) II-82</p> <p>Table 22: World 15-Year Perspective for St. John&#39;s Wort by</p> <p>Geographic Region - Percentage Breakdown of Dollar Sales for</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) II-83</p> <p>Table 23: World Recent Past, Current &amp; Future Analysis for Soy</p> <p>by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2009 through 2017 (includes corresponding</p> <p>Graph/Chart) II-84</p> <p>Table 24: World Historic Review for Soy by Geographic Region -</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets Independently Analyzed</p> <p>with Annual Sales Figures in US$ Million for Years 2003</p> <p>through 2008 (includes corresponding Graph/Chart) II-85</p> <p>Table 25: World 15-Year Perspective for Soy by Geographic</p> <p>Region - Percentage Breakdown of Dollar Sales for US, <span class="xn-location">Canada</span>,</p> <p><span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span></p> <p>and Rest of World Markets for Years 2003, 2011 &amp; 2017</p> <p>(includes corresponding Graph/Chart) II-86</p> <p>Table 26: World Recent Past, Current &amp; Future Analysis for</p> <p>Aloe Vera by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of</p> <p>World Markets Independently Analyzed with Annual Sales Figures</p> <p>in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-87</p> <p>Table 27: World Historic Review for Aloe Vera by Geographic</p> <p>Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-88</p> <p>Table 28: World 15-Year Perspective for Aloe Vera by</p> <p>Geographic Region - Percentage Breakdown of Dollar Sales for</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) II-89</p> <p>Table 29: World Recent Past, Current &amp; Future Analysis for</p> <p>Specialty Herbs by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>,</p> <p><span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest</p> <p>of World Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-90</p> <p>Table 30: World Historic Review for Specialty Herbs by</p> <p>Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) II-91</p> <p>Table 31: World 15-Year Perspective for Specialty Herbs by</p> <p>Geographic Region - Percentage Breakdown of Dollar Sales for</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) II-92</p> <p>Table 32: World Recent Past, Current &amp; Future Analysis for</p> <p>Multi-Herbs by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>,</p> <p><span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of</p> <p>World Markets Independently Analyzed with Annual Sales Figures</p> <p>in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) II-93</p> <p>Table 33: World Historic Review for Multi-Herbs by Geographic</p> <p>Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding</p> <p><span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) II-94</p> <p>Table 34: World 15-Year Perspective for Multi-Herbs by</p> <p>Geographic Region - Percentage Breakdown of Dollar Sales for</p> <p>US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>),</p> <p><span class="xn-location">Latin America</span> and Rest of World Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) II-95</p> <p>Table 35: World Recent Past, Current &amp; Future Analysis for</p> <p>Other Herbal Supplements by Geographic Region - US, <span class="xn-location">Canada</span>,</p> <p><span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span> (excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span></p> <p>and Rest of World Markets Independently Analyzed with Annual</p> <p>Sales Figures in US$ Million for Years 2009 through 2017</p> <p>(includes corresponding Graph/Chart) II-96</p> <p>Table 36: World Historic Review for Other Herbal Supplements</p> <p>by Geographic Region - US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2003 through 2008 (includes corresponding</p> <p>Graph/Chart) II-97</p> <p>Table 37: World 15-Year Perspective for Other Herbal</p> <p>Supplements by Geographic Region - Percentage Breakdown of</p> <p>Dollar Sales for US, <span class="xn-location">Canada</span>, <span class="xn-location">Japan</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Asia-Pacific</span></p> <p>(excluding <span class="xn-location">Japan</span>), <span class="xn-location">Latin America</span> and Rest of World Markets for</p> <p>Years 2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) II-98</p> <p>III. MARKET</p> <p>1. <span class="xn-location">THE UNITED STATES</span> III-1</p> <p>A.Market Analysis III-1</p> <p>Wavering Herbal Supplements Market III-1</p> <p>Dietary Supplements Market in the US III-1</p> <p>Table 38: Supplements Market in the US (2008 &amp; 2009):</p> <p>Percentage Breakdown of Value Sales by Segment - Vitamins,</p> <p>Herbs and Botanicals, Meal Supplements, Specialty/Others,</p> <p>Minerals, and Sports Nutrition (includes corresponding</p> <p>Graph/Chart) III-2</p> <p>Herbal and Botanical Supplements Log Spike in Popularity III-2</p> <p>Top 20 Most Popular Herbal Dietary Supplements in the US </p> <p>(2009): Ranking Based on Value Sales in Food, Drug and Mass</p> <p>Merchant Distribution Channel III-3</p> <p>Alternative Medicine Finds Buyers Despite Slowdown in Economy III-4</p> <p>Threat to Herbal Supplements and Remedies Market in the US III-4</p> <p>Ray of Hope III-5</p> <p>Herbal Supplements - Historic Review III-5</p> <p>Expansion Beyond the 1960s III-5</p> <p>Market in the 1990s III-6</p> <p>Market Dynamics III-6</p> <p>Consumer Trends III-6</p> <p>Table 39: Herbal Medications in the US Market (2007 &amp;</p> <p>2008): Percentage Breakdown of Value Sales by</p> <p>Disease/Condition - Cardiovascular, Respiratory,</p> <p>Digestive, Tonics, Sedatives and Others(includes</p> <p>corresponding Graph/Chart) III-7</p> <p>Adult Usage of Health Supplements Increases III-7</p> <p>Table 40: Vitamin and Herbal Supplements Market in the US</p> <p>(2008): Percentage Breakdown by Frequency of Usage</p> <p>(includes corresponding Graph/Chart) III-8</p> <p>Table 41: US Market for Mineral Supplements: Breakdown of</p> <p>Retail Dollar and Unit Sales of Top Brands for the Year</p> <p>Ended <span class="xn-chron">October 2007</span> (includes corresponding Graph/Chart) III-8</p> <p>Women&#39; Healthcare Needs Propel Market III-9</p> <p>Gamut of Soy Based Introductions III-9</p> <p>Table 42: Ranking of Health Benefits offered by Soy in</p> <p>Order of Consumer Awareness (2010) (includes corresponding</p> <p>Graph/Chart) III-10</p> <p>Major Distribution Outlets III-11</p> <p>Table 43: Herbal Supplements Market in the US (2009 &amp;</p> <p>2010): Percentage Breakdown of Value Sales by Distribution</p> <p>Channel - Mass Merchants, Natural &amp; Health Food (NHF) and</p> <p>Direct Sales (includes corresponding Graph/Chart) III-11</p> <p>Market Competition in the Recent Past III-12</p> <p>Table 44: Leading Brands in the US Herbal Supplements</p> <p>Market (2005 &amp; 2006): Percentage Breakdown of Value Sales</p> <p>for Sundown Herbals, Nature&#39;s Resource, Healthy Woman,</p> <p>Sundown, One-A-Day, Estroven, Sundown Herbals Extra,</p> <p>Ginkoba, Nature Made and Others (includes corresponding</p> <p>Graph/Chart) III-12</p> <p>Legal &amp; Regulatory Issues III-13</p> <p>FDA Bans Ephedra Supplements III-13</p> <p>FDA Orders Retraction of &#39;PC-Specs&#39; III-13</p> <p>&#39;Ethyl Alcohol in Liquid Herbal Supplements Not Harmful&#39; - FDA III-13</p> <p>Labeling Regulations for Dietary Supplements III-13</p> <p>Nutrition Labeling and Education Act III-14</p> <p>Consumer Healthcare Products Association III-14</p> <p>B.Market Analytics III-15</p> <p>Table 45: US Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-15</p> <p>Table 46: US Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-16</p> <p>Table 47: US 15-Year Perspective for Herbal Supplements and</p> <p>Remedies by Product Segment - Percentage Breakdown of Dollar</p> <p>Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea, St.</p> <p>John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs,</p> <p>and Other Herbal Supplements Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) III-17</p> <p>2. <span class="xn-location">CANADA</span> III-18</p> <p>A.Market Analysis III-18</p> <p>Market Overview III-18</p> <p>Table 48: Canadian Natural Health Market (2008): Percentage</p> <p>Breakdown of Sales of Natural Health Products-</p> <p>Multi-vitamin, Herbal Supplements, Glucosamine, Calcium,</p> <p>Vitamin C, Vitamin B, Vitamin E, Child Multi-Vitamins and</p> <p>Antioxidant Supplements (includes corresponding</p> <p>Graph/Chart) III-18</p> <p>Demographic Trends Suggest Rising Preference III-19</p> <p>Guidelines of Health Canada III-19</p> <p>Ban on Kava Products III-19</p> <p>B.Market Analytics III-20</p> <p>Table 49: Canadian Recent Past, Current &amp; Future Analysis</p> <p>for Herbal Supplements and Remedies by Product Segment -</p> <p>Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort,</p> <p>Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other</p> <p>Herbal Supplements Markets Independently Analyzed with</p> <p>Annual Sales Figures in US$ Million for Years 2009 through</p> <p>2017 (includes corresponding Graph/Chart) III-20</p> <p>Table 50: Canadian Historic Review for Herbal Supplements</p> <p>and Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-21</p> <p>Table 51: Canadian 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets for Years 2003,2011 &amp; 2017 (includes corresponding</p> <p>Graph/Chart) III-22</p> <p>3. <span class="xn-location">JAPAN</span> III-23</p> <p>A.Market Analysis III-23</p> <p>Market Overview III-23</p> <p>Outlook III-23</p> <p>Market Trends/Issues III-23</p> <p>Emergence of Herbal Supplements III-24</p> <p>Distribution Channels III-24</p> <p>Favorable Demographics Drive Growth III-24</p> <p>Imports of Herbal Products III-24</p> <p>Laws Governing the Imports of Herbal Supplements Market III-24</p> <p>Food Sanitation Law III-24</p> <p>Plant Quarantine Law III-25</p> <p>B.Market Analytics III-26</p> <p>Table 52: Japanese Recent Past, Current &amp; Future Analysis</p> <p>for Herbal Supplements and Remedies by Product Segment -</p> <p>Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort,</p> <p>Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other</p> <p>Herbal Supplements Markets Independently Analyzed with</p> <p>Annual Sales Figures in US$ Million for Years 2009 through</p> <p>2017 (includes corresponding Graph/Chart) III-26</p> <p>Table 53: Japanese Historic Review for Herbal Supplements</p> <p>and Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-27</p> <p>Table 54: Japanese 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets for Years 2003, 2011 &amp; 2017 (includes corresponding</p> <p>Graph/Chart) III-28</p> <p>4. <span class="xn-location">EUROPE</span> III-29</p> <p>A.Market Analysis III-29</p> <p>Overview III-29</p> <p>Market Trends III-29</p> <p>Inconsistent Market III-30</p> <p>Regulatory Environment III-30</p> <p>Marketing Opportunities for Natural Products III-30</p> <p>Outlook III-31</p> <p>European Herbal Market Perks Up III-32</p> <p>Market Analysis III-32</p> <p>Distribution Channels III-33</p> <p>The Food Supplements Directive (FSD) Finalized III-33</p> <p>ANH and EU Member States Dispute Food Supplements Directive III-34</p> <p>B.Market Analytics III-35</p> <p>Table 55: European Recent Past, Current &amp; Future Analysis</p> <p>for Herbal Supplements and Remedies by Geographic Region -</p> <p><span class="xn-location">France</span>, <span class="xn-location">Germany</span>, <span class="xn-location">Italy</span>, UK, <span class="xn-location">Spain</span>, <span class="xn-location">Russia</span> &amp; Rest of <span class="xn-location">Europe</span></p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-35</p> <p>Table 56: European Recent Past, Current &amp; Future Analysis</p> <p>for Herbal Supplements and Remedies by Product Segment -</p> <p>Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort,</p> <p>Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other</p> <p>Herbal Supplements Markets Independently Analyzed with</p> <p>Annual Sales Figures in US$ Million for Years 2009 through</p> <p>2017 (includes corresponding Graph/Chart) III-36</p> <p>Table 57: European Historic Review for Herbal Supplements</p> <p>and Remedies by Geographic Region - <span class="xn-location">France</span>, <span class="xn-location">Germany</span>, <span class="xn-location">Italy</span>,</p> <p>UK, <span class="xn-location">Spain</span>, <span class="xn-location">Russia</span> &amp; Rest of Europe Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) III-37</p> <p>Table 58: European Historic Review for Herbal Supplements</p> <p>and Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-38</p> <p>Table 59: European 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Geographic Region - Percentage</p> <p>Breakdown of Dollar Sales for <span class="xn-location">France</span>, <span class="xn-location">Germany</span>, <span class="xn-location">Italy</span>, UK,</p> <p><span class="xn-location">Spain</span>, <span class="xn-location">Russia</span> &amp; Rest of Europe Markets for Years 2003, 2011</p> <p>&amp; 2017 (includes corresponding Graph/Chart) III-39</p> <p>Table 60: European 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets for Years 2003, 2011 &amp; 2017 (includes corresponding</p> <p>Graph/Chart) III-40</p> <p>4a. <span class="xn-location">FRANCE</span> III-41</p> <p>A.Market Analysis III-41</p> <p>Market Trends III-41</p> <p>B.Market Analytics III-42</p> <p>Table 61: French Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-42</p> <p>Table 62: French Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-43</p> <p>Table 63: French 15-Year Perspective for Herbal Supplements</p> <p>and Remedies by Product Segment - Percentage Breakdown of</p> <p>Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,</p> <p>St. John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs,</p> <p>Multi-Herbs, and Other Herbal Supplements Markets for Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-44</p> <p>4b. <span class="xn-location">GERMANY</span> III-45</p> <p>A.Market Analysis III-45</p> <p>Contract Manufacturing on Rise III-45</p> <p>Classification of Herbal Products III-45</p> <p>Pharmacies: A Major Distribution Channel III-46</p> <p>B.Market Analytics III-47</p> <p>Table 64: German Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-47</p> <p>Table 65: German Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-48</p> <p>Table 66: German 15-Year Perspective for Herbal Supplements</p> <p>and Remedies by Product Segment - Percentage Breakdown of</p> <p>Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,</p> <p>St. John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs,</p> <p>Multi-Herbs, and Other Herbal Supplements Markets Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-49</p> <p>4c. <span class="xn-location">ITALY</span> III-50</p> <p>A.Market Analysis III-50</p> <p>Italian Market for Nutritional Supplements Flourishes III-50</p> <p>B.Market Analytics III-51</p> <p>Table 67: Italian Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-51</p> <p>Table 68: Italian Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-52</p> <p>Table 69: Italian 15-Year Perspective for Herbal Supplements</p> <p>and Remedies by Product Segment - Percentage Breakdown of</p> <p>Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,</p> <p>St. John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs,</p> <p>Multi-Herbs, and Other Herbal Supplements Markets for Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-53</p> <p>4d. THE <span class="xn-location">UNITED KINGDOM</span> III-54</p> <p>A.Market Analysis III-54</p> <p>Trends in Herbal Remedies Market III-54</p> <p>Indian Herbal Remedies Had Bitter Experience in UK III-54</p> <p>Key Distribution Channels III-54</p> <p>B.Market Analytics III-55</p> <p>Table 70: UK Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-55</p> <p>Table 71: UK Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-56</p> <p>Table 72: UK 15-Year Perspective for Herbal Supplements and</p> <p>Remedies by Product Segment - Percentage Breakdown of Dollar</p> <p>Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea, St.</p> <p>John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs,</p> <p>and Other Herbal Supplements Markets for Years 2003, 2011 &amp;</p> <p>2017 (includes corresponding Graph/Chart) III-57</p> <p>4e. <span class="xn-location">SPAIN</span> III-58</p> <p>Market Analysis III-58</p> <p>Table 73: Spanish Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-59</p> <p>Table 74: Spanish Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-60</p> <p>Table 75: Spanish 15-Year Perspective for Herbal Supplements</p> <p>and Remedies by Product Segment - Percentage Breakdown of</p> <p>Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,</p> <p>St. John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs,</p> <p>Multi-Herbs, and Other Herbal Supplements Markets Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-61</p> <p>4f. <span class="xn-location">RUSSIA</span> III-62</p> <p>Market Analytics III-62</p> <p>Table 76: Russian Recent Past, Current &amp; Future Analysis for</p> <p>Herbal Supplements and Remedies by Product Segment - Ginkgo</p> <p>Biloba, Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy,</p> <p>Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal</p> <p>Supplements Markets Independently Analyzed with Annual Sales</p> <p>Figures in US$ Million for Years 2009 through 2017 (includes</p> <p>corresponding Graph/Chart) III-62</p> <p>Table 77: Russian Historic Review for Herbal Supplements and</p> <p>Remedies by Product Segment - Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-63</p> <p>Table 78: Russian 15-Year Perspective for Herbal Supplements</p> <p>and Remedies by Product Segment - Percentage Breakdown of</p> <p>Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,</p> <p>St. John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs,</p> <p>Multi-Herbs, and Other Herbal Supplements Markets for Years</p> <p>2003, 2011 &amp; 2017 (includes corresponding Graph/Chart) III-64</p> <p>4g. REST OF <span class="xn-location">EUROPE</span> III-65</p> <p>Market Analytics III-65</p> <p>Table 79: Rest of Europe Recent Past, Current &amp; Future</p> <p>Analysis for Herbal Supplements and Remedies by Product</p> <p>Segment - Ginkgo Biloba, Garlic, Ginseng, Echinacea, St.</p> <p>John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs,</p> <p>and Other Herbal Supplements Markets Independently Analyzed</p> <p>with Annual Sales Figures in US$ Million for Years 2009</p> <p>through 2017 (includes corresponding Graph/Chart) III-65</p> <p>Table 80: Rest of Europe Historic Review for Herbal</p> <p>Supplements and Remedies by Product Segment - Ginkgo Biloba,</p> <p>Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-66</p> <p>Table 81: Rest of <span class="xn-location">Europe</span> 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets for Years 2003, 2011 &amp; 2017 (includes corresponding</p> <p>Graph/Chart) III-67</p> <p>5. <span class="xn-location">ASIA-PACIFIC</span> III-68</p> <p>A.Market Analysis III-68</p> <p>Focus on Select Markets III-68</p> <p>Australia III-68</p> <p>China III-68</p> <p>Chinese Demand for Nutritional Supplements on the Rise III-68</p> <p>Dietary Supplements and Vitamins Market on Growth Spree III-69</p> <p>Amway: The Undisputed Market Leader III-69</p> <p>Table 82: Leading Players in the Chinese Dietary</p> <p>Supplements and Vitamins Market (2010): Percentage</p> <p>Breakdown of Value Sales forAmway (<span class="xn-location">China</span>), Infinitus</p> <p>(<span class="xn-location">China</span>), StoneGroup Holdings, Shandong Dong-E-E-</p> <p>Jiao,Tianjin Tianshi Biological Development and Others III-69</p> <p>Rapid Increase in Garlic Prices in <span class="xn-location">China</span> III-69</p> <p>India III-70</p> <p>Dietary Supplements and Nutraceutical Sales Grow Despite</p> <p>Recession III-70</p> <p>Huge Growth Potential for Indian Herbal Medicine Market III-70</p> <p>Thailand III-71</p> <p>Stiff Competition III-71</p> <p>B.Market Analytics III-72</p> <p>Table 83: Asia-Pacific Recent Past, Current &amp; Future</p> <p>Analysis for Herbal Supplements and Remedies by Geographic</p> <p>Region - <span class="xn-location">China</span>, <span class="xn-location">India</span>, and Rest of Asia- Pacific Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2009 through 2017 (includes corresponding</p> <p>Graph/Chart) III-72</p> <p>Table 84: Asia-Pacific Recent Past, Current &amp; Future</p> <p>Analysis for Herbal Supplements and Remedies by Product</p> <p>Segment - Ginkgo Biloba, Garlic, Ginseng, Echinacea, St.</p> <p>John&#39;s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs,</p> <p>and Other Herbal Supplements Markets Independently Analyzed</p> <p>with Annual Sales Figures in US$ Million for Years 2009</p> <p>through 2017 (includes corresponding Graph/Chart) III-73</p> <p>Table 85: <span class="xn-location">Asia-Pacific</span> historic review for Herbal</p> <p>Supplements and Remedies by Geographic Region - <span class="xn-location">China</span>,</p> <p><span class="xn-location">India</span>, and Rest of Asia-Pacific Markets Independently</p> <p>Analyzed with Annual Sales Figures in US$ Million for Years</p> <p>2003 through 2008 (includes corresponding Graph/Chart) III-74</p> <p>Table 86: Asia-Pacific Historic Review for Herbal</p> <p>Supplements and Remedies by Product Segment - Ginkgo Biloba,</p> <p>Garlic, Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets Independently Analyzed with Annual Sales Figures in</p> <p>US$ Million for Years 2003 through 2008 (includes</p> <p>corresponding Graph/Chart) III-75</p> <p>Table 87: <span class="xn-location">Asia-Pacific</span> 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Geographic Region - Percentage</p> <p>Breakdown of Dollar Sales for <span class="xn-location">China</span>, <span class="xn-location">India</span>, and Rest of</p> <p>Asia-Pacific Markets forYears 2003, 2011 &amp; 2017</p> <p>(includescorresponding Graph/Chart) III-76</p> <p>Table 88: <span class="xn-location">Asia-Pacific</span> 15-Year Perspective for Herbal</p> <p>Supplements and Remedies by Product Segment - Percentage</p> <p>Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,</p> <p>Ginseng, Echinacea, St. John&#39;s Wort, Soy, Aloe Vera,</p> <p>Specialty Herbs, Multi-Herbs, and Other Herbal Supplements</p> <p>Markets for Years 2003, 2011 &amp; 2017 (includes corresponding</p> <p>Graph/Chart) III-77</p> <p>6. <span class="xn-location">LATIN AMERICA</span> III-78</p> <p>A.Market Analysis III-78</p> <p>Mexico III-78</p> <p>Garlic Consumption in <span class="xn-location">Brazil</span> Rises Despite Rising Prices III-78</p> <p>B.Market Analytics III-79</p> <p>Table 89: Latin American Recent Past, Current &amp; Future</p> <p>Analysis for Herbal Supplements and Remedies by Geographic</p> <p>Region - <span class="xn-location">Brazil</span> and Rest of Latin America Markets</p> <p>Independently Analyzed with Annual Sales Figures in US$</p> <p>Million for Years 2009 through 2017 (includes corresponding</p> <p>Graph/Chart) III-79</p> <p>Table 90: Latin American Recent Past, Current &amp; Future</p> <p>Analysis for Herbal Supplements and Remedies by Product</p> <p>Segment - G</p> <p><b>To order this report:</b></p> <p><a href="http://www.reportlinker.com/ci02037/Vitamin-and-Supplement.html"><b>Vitamin and Supplement Industry</b></a><b>: </b><a href="http://www.reportlinker.com/p080429/Global-Herbal-Supplements-and-Remedies-Industry.html"><b>Global Herbal Supplements and Remedies Industry</b></a></p> <p>More  <a href="http://www.reportlinker.com/">Market Research Report</a></p> <p>Check our  <a href="http://www.reportlinker.com/news/">Industry Analysis and Insights</a></p> <p>__________________________</p> <p>Contact Nicolas: <a href="mailto:nicolasbombourg@reportlinker.com">nicolasbombourg@reportlinker.com</a><br/>US: (805)-652-2626<br/>Intl: +1 805-652-2626</p> <p>SOURCE Reportlinker</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=SP10615&amp;Transmission_Id=201205211022PR_NEWS_USPR_____SP10615&amp;DateId=20120521" style="border:0px; width:1px; height:1px;"/> The New York Botanical Garden features the film "Monet's Palate" with Meryl Streep http://www.einpresswire.com/article/797239-the-new-york-botanical-garden-features-the-film-monet-s-palate-with-meryl-streep http://www.einpresswire.com/article/797239-the-new-york-botanical-garden-features-the-film-monet-s-palate-with-meryl-streep Fri, 18 May 2012 20:56:47 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">The New York Botanical Garden features the film &quot;Monet&#39;s Palate&quot; with Meryl Streep</h1> <h2 class="xn-hedline">During the history making &quot;Monet&#39;s Garden&quot; show in New York City</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">NEW YORK</span>, <span class="xn-chron">May 18, 2012</span> <a href="https://ireach.prnewswire.com/Home.aspx?pid=prn" target="_blank">/PRNewswire-iReach/</a> -- <b>WHAT DO MERYL STREEP, CLAUDE MONET AND THE NEW YORK BOTANICAL GARDEN HAVE IN COMMON? </b></p> <p>(Photo:  <a href="http://photos.prnewswire.com/prnh/20120518/CG10195" target="_blank">http://photos.prnewswire.com/prnh/20120518/CG10195</a><img src="http://photos.prnewswire.com/prnthumb/20120518/CG10195" align="right"/>) </p> <p><b>MONET&#39;S GARDEN COMES TO <span class="xn-location">NEW YORK</span> CITY  </b>- <a href="http://www.nybg.org/" target="_blank">THE NEW YORK BOTANICAL GARDEN&#39;S </a> stunning tribute to Claude Monet will feature  the film<b> </b><a href="http://www.monetspalate.com/" target="_blank"><b>&#34;MONET&#39;S PALATE - A Gastronomic View from the Gardens of Giverny &#34;</b> </a> From May 19,  2012  through October 21, 2012.  This film, connecting the painter&#39;s love of art, gardens, and his profound appreciation for food is introduced by Academy Award-winning actress <b>Meryl Streep </b>and features commentary and glorious foods from <span class="xn-person">Alice Waters</span>, Daniel Boulud, <span class="xn-person">Michel Richard</span>, Helen Rappel Bordman, Claude Guermont, <span class="xn-person">Steve Wynn</span> and Joachim Pissarro. The film was shot entirely on location at Museum Claude Monet Giverny, Paris, <span class="xn-location">London</span> and The Metropolitan Museum of Art. Watching Monet&#39;s Palate you will embark on a culinary tour of <span class="xn-person">Claude Monet</span>&#39;s beloved Normandy, a region of <span class="xn-location">France</span> just north of <span class="xn-location">Paris</span> along the Seine River. This region inspired Monet&#39;s passion for art and his passion for fine cuisine. Both of Monet&#39;s palates met at this home in Giverny, surrounded by his beautiful gardens.  </p> <p><b>Media Contact:</b> Aileen Bordman, Monet&#39;s Palate, 1.800.457.0563, <a href="mailto:abordman@monetspalate.com">abordman@monetspalate.com</a><br/><br/>News distributed by PR Newswire iReach: <a href="https://ireach.prnewswire.com/Home.aspx?pid=prnbdy" target="_blank">https://ireach.prnewswire.com</a></p> <p>SOURCE Monet&#39;s Palate</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=CG10195&amp;Transmission_Id=201205181656PR_NEWS_USPR_____CG10195&amp;DateId=20120518" style="border:0px; width:1px; height:1px;"/> Sino Agro Food, Inc. Reports Record Revenue of $16M with EPS of $0.08 for 1st Quarter 2012 http://www.einpresswire.com/article/797129-sino-agro-food-inc-reports-record-revenue-of-16m-with-eps-of-0-08-for-1st-quarter-2012 http://www.einpresswire.com/article/797129-sino-agro-food-inc-reports-record-revenue-of-16m-with-eps-of-0-08-for-1st-quarter-2012 Fri, 18 May 2012 18:00:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Sino Agro Food, Inc. Reports Record Revenue of $16M with EPS of $0.08 for 1st Quarter 2012</h1> <h2 class="xn-hedline">$16 Million in Revenue Sets New Record 1st Quarter and Represents 411% Growth over 1st Quarter of 2011</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p /> <p /> <p><span class="xn-location">GUANGZHOU, China</span>, <span class="xn-chron">May 18, 2012</span> /PRNewswire/ -- Sino Agro Food, Inc. (OTCBB: SIAF), an emerging integrated, diversified agriculture technology and organic food company with its principal operations located throughout <span class="xn-location">the Peoples Republic of China</span> (&#34;PRC&#34;), is pleased to announce financial results for the 1st Quarter of 2012.</p> <p><b>Consolidated Financial Summary:</b></p> <div> <table style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" border="0" cellspacing="0" cellpadding="0"><tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"><br/></td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Q1 2012</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Q1 2011</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Change</b></span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Revenue</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$15,980,016</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$3,121,531</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">411.93%</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Gross Profit</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$8,013,592</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,930,916</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">315.02%</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net Income Continued Op&#39;s</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$5,632,769</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$910,913</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">518.37%</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Basic EPS Continued Op&#39;s</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.08</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.02</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">300.00%</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Diluted EPS Continued Op&#39;s</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.07</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 12pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.01</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">600.00%</span></p> </td></tr></table></div> <p><b>Earnings Call Information</b></p> <p>The Company will host an earnings call on <span class="xn-chron">May 25, 2012</span> at <span class="xn-chron">12:00 PM ET</span> to discuss financial results for the 1st Quarter of 2012. To participate in the conference call please make note of the following information:</p> <p>Date: <span class="xn-chron">May 25, 2012</span><br/>Time: <span class="xn-chron">12:00 PM</span>, U.S. Eastern Time</p> <p>Participant Dialing Instructions:<br/>Toll Free Number: 1 (800) 868-1837<br/>Direct Dial Number: 1 (404) 920-6440<br/>Conference Code: 574559#</p> <p>Conference Playback Instructions:<br/>Toll Free Number: 1 (800) 704-9804<br/>Direct Dial Number: 1 (404) 920-6604<br/>Conference Code: * then 574559#</p> <p><b>Aquaculture Operations</b></p> <p>Revenue from fishery increased by <span class="xn-money">$9,534,864</span> or 611.31% to <span class="xn-money">$11,094,609</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$1,559,745</span> for the three months ended <span class="xn-chron">March 31, 2011</span>. The increase was primarily due to our increased contract service income from fishery and prawn development contracts and sale of fish for the three months ended <span class="xn-chron">March 31, 2012</span> compared to such consulting income and sale of fish for the three months ended <span class="xn-chron">March 31, 2011</span>.</p> <p><i>Enping, Guangdong Operations:</i> During the three months ended <span class="xn-chron">March 31, 2012</span>, the Company sold almost 116,000 sleepy cod averaging 575g/fish.  The Company anticipates that its production will gradually increase each quarter hereafter based on stocking volumes of the past months, especially when the contract for the supply of 500,000 fish executed in <span class="xn-chron">October 2011</span> is expected to begin resulting in sales in <span class="xn-chron">June 2012</span>.</p> <p>Also during three months ended <span class="xn-chron">March 31, 2012</span>, Triway (a wholly owned subsidiary of the Company) acquired an additional 25% equity stake in the Enping Fishery operations, resulting in a 50% equity position.</p> <p><i>Open Dam Fish Operations:</i><b> </b>During the three months ended <span class="xn-chron">March 31, 2012</span>, there were over 73,000 sleepy cod averaging above 523g/fish being harvested and sold. The Company anticipates that as the weather gets warmer there will be more fish harvested and sold from this farm.</p> <p>Management of Capital Award, Inc., a wholly owned subsidiary of the Company (&#34;CA&#34;), has concluded that the open dam concept, although faced with many external seasonal factors compared to our A Power Module in-house farms, remains a viable option because the weather in <span class="xn-location">Guangdong Province</span>, where the open dam farm is located, is rather mild compared to other parts of <span class="xn-location">China</span> (e.g., <span class="xn-location">Northern China</span> is too cold, the central part of <span class="xn-location">China</span> is too dry and the coastal part of <span class="xn-location">China</span> is too windy), and because the sale price of live sleepy cod is relatively stable in China.  A new grow-out contract with the existing grower for an additional 600,000 fish was executed in <span class="xn-chron">March 2012</span> and will remain in force through 2014, but at a slightly higher price of <span class="xn-money">RMB45</span>/fish instead of <span class="xn-money">RMB40</span>/fish as contracted in 2011. </p> <p><b>Cattle Farm, Beef and Fertilizer Operations</b></p> <p>Organic fertilizer: Revenue from organic fertilizer increased by <span class="xn-money">$13,061</span> to <span class="xn-money">$13,061</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$0</span> for the three months ended <span class="xn-chron">March 31</span>, 2011.  The Company did not conduct this business during the three months ended <span class="xn-chron">March 31, 2011</span>.</p> <p>Revenue – Cattle farm: Revenue from cattle farm increased by <span class="xn-money">$941,460</span> to <span class="xn-money">$941,460</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$0</span> for the three months ended <span class="xn-chron">March 31, 2011</span>. The Company did not conduct this business during the three months ended <span class="xn-chron">March 31, 2011</span>.</p> <p>Revenue - Beef: Revenue from beef increased by <span class="xn-money">$2,369,100</span> to <span class="xn-money">$3,930,886</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$1,561,786</span> for the three months ended <span class="xn-chron">March 31, 2011</span>. The increase was primarily due to our increase in sales of beef.</p> <p><i><span class="xn-location">Xining</span>, Qinghai Operations:</i> The Sino Joint Venture Company (&#34;SJAP&#34;) situated at HuangYuan Town, Xining City Qinghai Province, sold 11,403 MT and manufactured 4,206 MT of organic fertilizer. SJAP also sold over 5,442 MT and produced 988 MT of livestock feed, sold 501 head of cattle over 13 month-old and bought 430 head of 5 to 6 month-old cattle. </p> <p>Management anticipates having completed, furnished and staffed its four-story corporate office building by <span class="xn-chron">May 31, 2012</span>. This facility should result in a much more streamlined operation that we have been diligently working toward over the past three years.</p> <p>We have now constructed and fitted out a total of 12 cattle houses as of <span class="xn-chron">April 30, 2012</span>, with the capacity to house up to 1,500 head of cattle at any given time.  Work on constructing and fitting out more cattle houses are in progress targeting to complete the planned capacity to house up to 2,500 head of cattle before the end of this year.</p> <p>Most of the infrastructure work on the drainage channel systems are in progress, which when completed will pipe cattle waste to a centralized collection basin where a Mash Gas station is expected to be constructed during 2013. Upon completion of the Mash Gas station, SJAP will begin processing cattle waste as its main source of raw material for manufacturing organic fertilizer.</p> <p>70% of landscaping and roadwork has been completed around the 28-acre compound.  SJAP is a now a show case operation in HuangYuan City.</p> <p>During the three months ended <span class="xn-chron">March 31, 2012</span>, the HuangYuan Government awarded a cash grant of <span class="xn-money">RMB500,000</span> to SJAP toward development of its Enzyme factory targeted to be completed by the end of 2012 at a total cost of about US <span class="xn-money">$2 million</span>. The HuangYuan Government is authorized to provide grant funding of up to 66% of total development cost on selected projects.</p> <p>The HuangYuan Government in conjunction with SJAP is replicating SJAP&#39;s cattle housing model for local farmers with the understanding that SJAP will purchase all mature beef (estimated to be up to 10,000 head) for processing at its new boning and cold storage facility, scheduled to be constructed in 2012 and to be online by the second quarter of 2013.</p> <p><i>Linli, Hunan Operations</i>: As of <span class="xn-chron">April 30, 2012</span>, development and construction work on the Mixed Fertilizer manufacturing facility are being carried out consisting of a 7,000 square meter production and storage factory, external fencing to cover the production area of about 11.55 acres of land, internal roads, landscaping, drainage, a 300 square meter office, staff quarters that will provide accommodation for up to 25 workers and all related basic infrastructure, etc. Current Stage 1 development should be completed by <span class="xn-chron">August 2012</span> with a capacity to produce up to 10,000 MT/year.</p> <p>Current wholesale prices on mixed fertilizer are much greater than organic fertilizer (e.g., up to <span class="xn-money">RMB3,600</span>/MT for mixed fertilizer versus <span class="xn-money">RMB1,100</span>/MT for organic fertilizer), resulting in greater profit margins for operations.</p> <p><i>Enping, Guangdong Operations:</i><b> </b>During the three months ended <span class="xn-chron">March 31</span> 2012, MEIJI paid a deposit of US <span class="xn-money">$1.25m</span> toward its purchase of 25% equity in a cattle farm; the Sino Joint Venture Company is anticipating official approval of its partnership by <span class="xn-chron">August 2012</span>.</p> <p>The cattle farm&#39;s major construction has been completed and is under operation, currently rearing over 200 head of cattle as of <span class="xn-chron">April 30, 2012</span>, with further improvements in progress (e.g., construction of more feed storage facilities, general landscaping, and furnishing and fitting of office and staff quarters).  Management expects these improvements to continue throughout 2012, creating a complex that, like our other developments throughout <span class="xn-location">China</span>, is self-sufficient.</p> <p>The Company expects that there will be 125 to 150 head of beef cattle ready for market during the second quarter of 2012.  Based on trials conducted during the first quarter of 2012, management expects positive sales results since our top graded quality meat was well received by some of the prime hotels and restaurants in <span class="xn-location">Beijing</span> and in <span class="xn-location">Guangzhou</span> City. </p> <p>Macau EIJI is negotiating with two groups to provide consulting and servicing contracts to build more cattle farms using our free-range system and SJAP technology; management anticipates entering into a contract with one of them in <span class="xn-chron">May 2012</span>.</p> <p><b>Plantation Operations</b></p> <p>Plantation: As usual, there is no revenue the first quarter of each year.</p> <p>Development and construction work on green housing on 10 acres of the plantation is in progress and trials on irrigation, disease control and fertilizer application is expected to commence sometime in <span class="xn-chron">June 2012</span>, before harvest season begins.</p> <p>For the remainder of the plantation, the heavy rain fall in <span class="xn-chron">April 2012</span> should prove beneficial as compared to the dry weather experienced in <span class="xn-chron">April 2011</span>, and with all other conditions remaining equal should result in a better harvest for 2012.</p> <p>Development and construction of the nursery station facility for the nurturing of asparagus seedlings will be on the same 50 Mu block of land where the 1<sup>st</sup> Prawn Farm is located, and will begin once the major development work for the prawn farm is completed.</p> <p><b>Marketing and Distribution Network</b></p> <p>On <span class="xn-chron">March 16, 2012</span>, the Company entered a 5-year lease for an approximate 650 square meter (~7000 square feet) space at the newly established Wholesale Fish and Seafood Market situated within <span class="xn-location">Guangzhou</span> City that is earmarked to replace the old Guangzhou Fish Market.</p> <p>Renovation on this property is in the works for our first wholesale distribution center consisting of a cold storage facility including quick freezing, freezer and chill rooms, a processing and packaging area, and a retail outlet for live and frozen seafood. We anticipate the bulk of these developments to be completed on or before <span class="xn-chron">June 30, 2012</span>, with operations beginning immediately upon completion.</p> <p>Management knows that most of <span class="xn-location">China</span>&#39;s aquaculture imports (live or frozen), most of which originate in South Asian countries (e.g., <span class="xn-location">Thailand</span>, <span class="xn-location">Vietnam</span>, <span class="xn-location">Indonesia</span>, etc.), are extremely poor in quality because of infestation with chemicals and pollutants unfit for human consumption.  As of <span class="xn-chron">March 31, 2012</span>, much of the seafood from South Asian countries to <span class="xn-location">China</span> has been banned. <span class="xn-location">China</span>&#39;s aquaculture industry faces the same dilemma, resulting in <span class="xn-location">China</span>&#39;s seafood exports to other countries declining year over year. </p> <p>Taking these recent events into consideration, management has decided to capitalize on the opportunity and has begun investigating importing seafood from <span class="xn-location">Norway</span>, a country that is surrounded by clean waters, and is currently producing abundant supplies of seafood for European countries.  <span class="xn-location">Norway</span> has very stringent health standards applied to its wild and farm harvested aquaculture industries.</p> <p>By <span class="xn-chron">March 31, 2012</span>, trial orders of frozen fish and live scallops were placed by the Company with a few reputable Norwegian suppliers. Management expects air shipment deliveries in May and by seafaring vessels later in the month to <span class="xn-location">Guangzhou</span> City.</p> <p>The Company is negotiating with a group of restaurant chain operators to acquire equity in their operations, including exclusivity on beef supplied to those operations by our facilities.  The Company intends to inform its stakeholders on any progress made in this area as it is made.</p> <p><b>Consolidated Results</b></p> <p><i>Revenues</i></p> <p>Revenue including continued and discontinued operations increased by <span class="xn-money">$12,858,485</span>, or 411.93%, to <span class="xn-money">$15,980,016</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$3,121,531</span> for the three months ended <span class="xn-chron">March 31, 2011</span>. The increase was primarily due to the natural growth of revenue generated from the fishery, cattle farm, beef and the maturity of ongoing divisional businesses improving their revenues.</p> <p><i>Cost of Goods Sold</i></p> <p>Cost of Goods Sold included in continued and discontinued operations increased by <span class="xn-money">$6,775,809</span>, or 569.10%, to <span class="xn-money">$7,966,424</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$1,190,615</span> for the three months ended <span class="xn-chron">March 31</span>, 2011.  The increase was primarily due to the Company increasing its scale of operations from continued operations - fishery, plantation, cattle farm and beef for three months ended <span class="xn-chron">March 31, 2012</span> as compared to the three months ended <span class="xn-chron">March 31, 2011</span>.</p> <p><i>Gross Profit</i></p> <p>Gross profit including continued and discontinued operations increased by <span class="xn-money">$6,082,676</span>, or 315.02%, to <span class="xn-money">$8,013,592</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$1,930,916</span> for the three months ended <span class="xn-chron">March 31, 2011</span>. The increase was primarily due to the corresponding increase in revenues from fishery, cattle farm and beef operations.</p> <p><i>General and Administrative Expenses and Interest Expenses</i></p> <p>General and Administrative expenses (including depreciation and amortization) in continuing operations increased by <span class="xn-money">$1,529,004</span>, or 220.53%, to <span class="xn-money">$2,222,322</span> for the three months ended <span class="xn-chron">March 31, 2012</span> from <span class="xn-money">$693,318</span> for the three months ended <span class="xn-chron">March 31, 2011</span>. The increase was primarily due to an increase in general office and corporate expenses, and wages and salaries amounting to <span class="xn-money">$584,764</span> and <span class="xn-money">$697,179</span>, respectively.</p> <p><b>ABOUT SINO AGRO FOOD, INC.</b></p> <p>Sino Agro Food, Inc. (&#34;SIAF&#34;) (<a href="http://www.sinoagrofood.com/" target="_blank">http://www.sinoagrofood.com</a>) is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in <span class="xn-location">the Peoples Republic of China</span>. The Company intends to focus on meeting the increasing demand of <span class="xn-location">China</span>&#39;s rising middle class for gourmet and high-quality food items. Current lines of business include the manufacture and distribution of beef and lamb products, fish products, bio-organic fertilizer, stock feed and cash crops. </p> <p><b>Not a Broker/Dealer or Financial Advisor</b></p> <p>Sino Agro Food, Inc. is not a Registered Broker/Dealer or a Financial Advisor, nor does it hold itself out to be a Registered Broker/Dealer or Financial Advisor. All material presented in this press release, on the Company&#39;s website or other media is <i>not</i> to be regarded as investment advice and is only for informative purposes. Readers should verify all claims and conduct their own due diligence before investing in Sino Agro Food, Inc. </p> <p><i>Investing in small-cap, micro cap and penny stock securities is speculative and carries a high degree of risk.</i></p> <p><b>No Offer of Securities</b></p> <p>None of the information featured in this press release constitutes an offer or solicitation to purchase or to sell any securities of Sino Agro Food, Inc.</p> <p><b>FORWARD LOOKING STATEMENTS</b></p> <p>This release contains certain &#34;forward-looking statements&#34; relating to the business of SIAF and its subsidiary companies, which can be identified by the use of forward-looking terminology such as &#34;estimates,&#34; &#34;believes,&#34; &#34;anticipates,&#34; &#34;intends,&#34; expects&#34; and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on SIAF&#39;s current expectations and beliefs concerning future developments and their potential effects on SIAF. There can be no assurance that future developments affecting SIAF will be those anticipated by SIAF. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. SIAF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.</p> <p /> <p><b>Contacts</b></p> <p>Sino Agro Food, Inc.<br/>CEO Mr. <span class="xn-person">Solomon Lee</span><br/>Phone: 86-20-22057860<br/><a href="mailto:info@siafchina.com" target="_blank">info@siafchina.com</a></p> <p>Investor Relations (US and <span class="xn-location">Europe</span>)<br/>Mr. <span class="xn-person">Chad Sykes</span><br/><a href="mailto:Chad.Sykes@sinoagrofood.com" target="_blank">Chad.Sykes@sinoagrofood.com</a></p> <p /> <p /> <p style="TEXT-ALIGN: center">SINO AGRO FOOD, INC. CONSOLIDATED BALANCE SHEETS</p> <div> <table style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" border="0" cellspacing="0" cellpadding="0"><tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; 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PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(Unaudited)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(Audited)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; 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PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>ASSETS</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Current assets</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Cash and cash equivalents</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,928,264</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,387,908</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Inventories</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">6,388,963</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">4,435,445</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Cost and estimated earnings in excess of billings</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">456,104</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Deposits and prepaid expenses</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">26,274,111</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">14,868,838</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Accounts receivable, net of allowance for doubtful accounts</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">25,144,570</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">27,531,915</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Due from related parties</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">15,820,752</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">15,820,752</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Other receivables</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">17,050,003</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">9,688,871</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total current assets</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">92,606,663</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">74,189,833</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Property and equipment</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Property and equipment, net of accumulated depreciation</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,652,283</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,667,765</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Construction in progress</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">8,742,636</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,577,869</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Land use rights, net of accumulated amortization</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">56,206,199</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">56,507,470</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total property and equipment</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">67,601,118</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">62,753,104</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Other assets</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Goodwill</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">724,940</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">724,940</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Proprietary technologies, net of accumulated amortization</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">8,400,417</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">6,977,675</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Long term accounts receivable</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">5,936,718</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">5,936,718</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   License rights</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Investment in unconsolidated corporate joint venture</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,076,489</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,258,607</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total other assets</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">16,138,565</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">14,897,941</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total assets</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$176,346,346</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$151,840,878</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>LIABILITIES  AND STOCKHOLDERS&#39; EQUITY</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Current liabilities</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Accounts payable and accrued expenses</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$921,019</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,202,104</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Billings in excess of costs and estimated earnings on uncompleted contracts</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,040,452</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,962,119</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Due to a director</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,552,788</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">289,764</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Dividends payable</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">21,326</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">155,957</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Other payables</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">21,959,847</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">11,968,148</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Due to related parties</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">849,939</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">867,413</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total liabilities</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">28,345,371</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">16,445,505</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Commitments and contingencies</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Stockholders&#39; equity</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Preferred stock: $0.001 par value</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   (10,000,000 shares authorized, 0 share issued and outstanding</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">       as of  March 31, 2012 and December 31, 2011, respectively)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Series A preferred stock:  $0.001 par value</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   (100 shares authorized, 100 shares issued and outstanding</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">       as of  March 31, 2012 and December 31, 2011, respectively)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Series B convertible preferred stock:  $0.001 par value)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">7,000</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">7,000</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   (10,000,000 shares authorized, 7,000,000 shares issued  and outstanding)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">       as of  March 31, 2012 and December 31, 2011, respectively)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Common stock:  $0.001 par value</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">70,732</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">67,034</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   (100,000,000 shares authorized, 70,732,546 and 67,034,262 shares issued and outstanding</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">       as of  March 31, 2012 and December 31, 2011, respectively)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Additional paid - in capital</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">74,910,045</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">72,794,902</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Retained earnings</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">56,028,213</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">50,395,444</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Accumulated other comprehensive income</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,912,106</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,446,838</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">  Treasury stock </span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,250,000)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,250,000)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total Sino Agro Food, Inc. and subsidiaries stockholders&#39; equity</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">133,678,096</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">125,461,218</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Non - controlling interest</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">14,322,878</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">9,934,155</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total stockholders&#39; equity </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">148,000,974</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">135,395,373</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Total liabilities and stockholders&#39; equity</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$176,346,345</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$151,840,878</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr></table></div> <p>The notes accompanying these financial statements included in the Form 10-Q to be filed with the Securities and Exchange Commission on <span class="xn-chron">May 21, 2012</span> are an integral part of these consolidated financial statements.</p> <p style="TEXT-ALIGN: center"><br/>SINO AGRO FOOD, INC. CONSOLIDATED STATEMENTS OF INCOME</p> <div> <table style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" border="0" cellspacing="0" cellpadding="0"><tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Three months ended</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Three months ended</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">March 31, 2012</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">March 31, 2011</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(Unaudited)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(Unaudited)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Continuing operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Revenue</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$15,980,016</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$3,121,531</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Cost of goods sold</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">7,966,424</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,190,615</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Gross profit</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">8,013,592</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,930,916</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>General and administrative expenses</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(2,222,322)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(693,318)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income from operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">5,791,270</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,237,598</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Other income (expenses)</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Government grant</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">79,365</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Other income</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">415,888</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">9,302</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Gain (loss) of extinguishment of debts</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">255,151</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">92,926</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income  (expenses)</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">750,404</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">102,228</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income  before income taxes</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">6,541,674</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,339,826</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">.</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Provision for income taxes</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income (loss)  from continuing operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">6,541,674</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,339,826</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Less: Net (income) loss attributable to the non - controlling interest</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(908,905)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(428,913)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income (loss) from continuing operations attributable</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: left; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>     to the Sino Agro Food, Inc. and subsidiaries</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">5,632,769</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">910,913</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Discontinued operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income from discontinued operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">10,203,951</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Less: Net income attributable to the non - controlling interest</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income  from discontinued operations attributable to the Sino Agro Food, Inc. and subsidiaries</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">10,203,951</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net income (loss) attributable to the Sino Agro Food, Inc. and subsidiaries</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">5,632,769</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">11,114,864</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Other comprehensive income (loss)</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>      Foreign currency translation gain (loss)</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">620,357</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,175,674</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Comprehensive income (loss)</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">6,563,126</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">12,290,538</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Less: other comprehensive (income)  loss attributable to </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: left; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>    the non - controlling interest</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(155,089)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(293,918)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Comprehensive income (loss) attributable to the Sino Agro Food, Inc. and subsidiaries</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$6,098,037</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$ 11,996,620</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Earnings (loss) per share attributable to Sino Agro Food, Inc. </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>  and subsidiaries common stockholders:</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>From continuing and discontinued operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>  Basic </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.08</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.20</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>  Diluted</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.07</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.18</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Earnings (loss) per share attributable to Sino Agro Food, Inc. </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>  and subsidiaries common stockholders:</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>From continuing operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>  Basic </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.08</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.02</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>  Diluted</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.07</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$0.01</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Weighted average number of shares outstanding:</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b> Basic </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">68,747,617</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">56,502,325</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b> Diluted </b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">75,747,617</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">63,502,325</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr></table></div> <p> </p> <p>The notes accompanying these financial statements included in the Form 10-Q to be filed with the Securities and Exchange Commission on <span class="xn-chron">May 21, 2012</span> are an integral part of these consolidated financial statements.</p> <br/> <p style="TEXT-ALIGN: center">SINO AGRO FOOD, INC. CONSOLIDATED STATEMENTS OF CASH FLOW</p> <div> <table style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" border="0" cellspacing="0" cellpadding="0"><tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Three months ended</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Three months ended</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">March 31, 2012</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">March 31, 2011</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(Unaudited)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: center; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(Unaudited)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Cash flows from operating activities</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">    Net income (loss) from continuing operations</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$6,541,674</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,339,826</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="6" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Adjustments to reconcile net income (loss) from continuing operations to net cash from operations:</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Depreciation</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">57,624</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">40,353</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Amortization </span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">374,729</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">189,792</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Common stock issued for services</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,069,528</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Gain on extinguishment of debts</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(255,151)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(92,926)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Changes in operating assets and liabilities:</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Increase in inventories</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(115,181)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(381,707)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="6" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Decrease in cost and estimated earnings in excess of billings on uncompleted contacts</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">456,104</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      (Increase) decrease in deposits and prepaid expenses</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(12,474,802)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">8,438</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Increase in due to a director</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,263,024</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">113,081</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      (Decrease) increase in  accounts payable and accrued expenses</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(281,085)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">372,932</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Increase in  other payables</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">9,899,096</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">16,347,616</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Decrease in accounts  receivable</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,387,345</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,662,144)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="6" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Increase in billings in excess of costs and estimated earnings on uncompleted contracts</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">78,333</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">430,767</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Decrease in amount due to related parties</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(17,474)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">      Increase in other receivables</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(7,361,132)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(13,060,168)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Net cash provided by operating activities</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,622,632</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,645,860</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Cash flows from investing activities</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Purchases of property and equipment</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(7,223)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(6,449)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Acquisition of proprietary technology</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,500,000)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Business combination of a subsidiary</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,288,865)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Acquisition of land use rights</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(704,388)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Investment in unconsolidated equity investee</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,076,489)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Payment for construction in progress</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(3,326,430)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(387,298)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash used in investing activities</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(7,199,007)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,098,135)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Cash flows from financing activities</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">  Non - controlling interest contribution</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,324,729</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Dividends paid</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(134,631)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(3,905)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash provided by (used in) financing activities</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,190,098</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(3,905)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash (used in) provided by continuing operations</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(1,386,277)</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">2,543,820</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><b>Cash flows from discontinued operations</b></span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash provided by operating activities</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash used in investing activities</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(3,137,885)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash provided by financing activities</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Net cash used in discontinued operations</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(3,137,885)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Effects on exchange rate changes on cash</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,926,633</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(2,813,045)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Increase (decrease) in cash and cash equivalents</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">540,356</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">(3,407,110)</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Cash and cash equivalents, beginning of period</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,387,908</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">3,890,026</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Cash and cash equivalents, end of period</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">1,928,264</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">482,916</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="6" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Less: cash and cash equivalents at the end of the period - discontinued operation</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="5" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">   Cash and cash equivalents at the end of the period - continuing operations</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,928,264</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$482,916</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">Supplementary disclosures of cash flow information:</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">  Cash paid for interest</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">  Cash paid for income taxes</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">-</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="2" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">  Non - cash transactions</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"> Common stock issued for settlement of debts</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$2,373,992</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$1,989,000</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"> Disposal proceeds receivable of sale of subsidiaries, HYT and ZX</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$5,386,232</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$44,295,612</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="3" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"> Land use rights payable due to related parties</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$         -</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$6,339,493</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" colspan="4" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"> Elimination of unconsolidated corporate joint venture</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$2,515,162</span></p> </td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">$         -</span></p> </td></tr> <tr> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td> <td style="BORDER-BOTTOM: 1pt; TEXT-ALIGN: right; BORDER-LEFT: 1pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 8pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" nowrap="true"><br/></td></tr></table></div> <p>The notes accompanying these financial statements included in the Form 10-Q to be filed with the Securities and Exchange Commission on <span class="xn-chron">May 21, 2012</span> are an integral part of these consolidated financial statements.</p> <p>SOURCE Sino Agro Food, Inc.</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=NY09994&amp;Transmission_Id=201205181400PR_NEWS_USPR_____NY09994&amp;DateId=20120518" style="border:0px; width:1px; height:1px;"/> Centerplate and Farm Aid Offer a Taste of HOMEGROWN on Menu at John Mellencamp Concert http://www.einpresswire.com/article/797018-centerplate-and-farm-aid-offer-a-taste-of-homegrown-on-menu-at-john-mellencamp-concert http://www.einpresswire.com/article/797018-centerplate-and-farm-aid-offer-a-taste-of-homegrown-on-menu-at-john-mellencamp-concert Fri, 18 May 2012 16:48:25 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Centerplate and Farm Aid Offer a Taste of HOMEGROWN on Menu at John Mellencamp Concert</h1> <h2 class="xn-hedline">Produced by Independence Bank at Western Kentucky University</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">BOWLING GREEN, Ky.</span>, <span class="xn-chron">May 18, 2012</span> /PRNewswire/ -- Farm Aid co-founder <span class="xn-person">John Mellencamp</span> will perform at Houchens Smith Stadium on <span class="xn-chron">Saturday, May 19</span>, at an event produced by Independence Bank. The concert will benefit Farm Aid while promoting local family farms with HOMEGROWN food.</p> <p>Centerplate, the largest hospitality partner to <span class="xn-location">North America</span>&#39;s premier sports stadiums, convention centers and entertainment venues, is partnering with Farm Aid to offer a HOMEGROWN Concessions® menu item at the concert.</p> <p>One fan hospitality stand will feature HOMEGROWN Marksbury Farm Bratwursts, with pork supplied by One Step At A Time Farm in <span class="xn-location">Jessamine County</span> and by <span class="xn-person">Berea College Farm</span> in <span class="xn-location">Madison County</span>. The links will be served on fresh-baked rolls from Rotella&#39;s Italian Bakery in <span class="xn-location">Kansas City</span> using organic Heartland Mill bread flour. Centerplate will donate <span class="xn-money">$1</span> to Farm Aid per bratwurst sold. An independently run stand, <span class="xn-location">Bowling Green</span>&#39;s SKY Farmer&#39;s Market, will offer farm fresh strawberries and more.</p> <p>&#34;We&#39;re thrilled to partner with Farm Aid in a program that benefits local farmers, and the local community, while offering our fans and guests a dish that represents a delicious, local, sustainable take on the classic stadium brat,&#34; says Centerplate CMO, <span class="xn-person">Bob Pascal</span>. </p> <p>HOMEGROWN Concessions® is a Farm Aid brand that offers food from family farms. In addition to environmental sustainability, HOMEGROWN has a commitment to a fair price for farmers, with dishes served in compostable packaging. </p> <p>&#34;Farm Aid is pleased to bring HOMEGROWN with its flavors and farm stories to <span class="xn-location">Kentucky</span> for the first time. Thanks to our long term relationships with farmers across the country and many years of serving family farm food at Farm Aid concerts, we are uniquely skilled at foraging HOMEGROWN food for food service in any venue,&#34; said <span class="xn-person">Glenda Yoder</span>, Farm Aid&#39;s Associate Director.</p> <p><b>About Centerplate <br/></b>Centerplate crafts and delivers &#34;Craveable Experiences. Raveable Results.&#34; in over 250 prominent entertainment, sports and convention venues across <span class="xn-location">North America</span>, annually serving over 100 million guests. Centerplate has provided event hospitality services to 15 official U.S. Presidential Inaugural Balls, 13 Super Bowls, 20 World Series, the 2010 Winter Olympic Games and the largest plated dinner in history at the Alpha Kappa Alpha Centennial Celebration. The company was recently named the fastest growing hospitality group in the country by Nation&#39;s Restaurant News. Visit the company online at <a href="http://www.centerplate.com/" target="_blank"><i>www.centerplate.com</i></a><i>. </i></p> <p><b>About Farm Aid  <br/></b>Farm Aid&#39;s mission is to build a vibrant, family farm-centered system of agriculture in America that ensures farmers a fair living, strengthens our communities, protects our natural resources and delivers good food for all. Farm Aid artists and board members <span class="xn-person">Willie Nelson</span>, <span class="xn-person">John Mellencamp</span>, <span class="xn-person">Neil Young</span> and <span class="xn-person">Dave Matthews</span> host an annual concert to raise funds to help farmers thrive and to promote good food from family farms. HOMEGROWN Concessions®<sup> </sup>brings the experience of tasting good food from family farms into events and venues. Learn more at <i><a href="http://www.farmaid.org/" target="_blank">www.farmaid.org</a></i></p> <p>SOURCE Centerplate</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=CL10047&amp;Transmission_Id=201205181248PR_NEWS_USPR_____CL10047&amp;DateId=20120518" style="border:0px; width:1px; height:1px;"/>