Quarterly report pursuant to Section 13 or 15(d)

NOTE 5: COMPREHENSIVE LOSS

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NOTE 5: COMPREHENSIVE LOSS
6 Months Ended
Jun. 30, 2011
Comprehensive Income (Loss) Note [Text Block]
NOTE 5:                      COMPREHENSIVE LOSS

Comprehensive income (loss) for the six and three months ended June 30, 2011 and 2010 is summarized below:

   
Six Months Ended June 30,
   
Three Months Ended June 30,
 
   
2011
   
2010
   
2011
   
2010
 
Net income (loss)
  $ (4,714,584 )   $ 451,548     $ (2,071,439 )   $ 360,000  
Foreign currency translation
    321,947       (332,681 )     186,049       499,381  
Total comprehensive income (loss)
  $ (4,392,637 )   $ 118,867     $ (1,885,390 )   $ 859,381