Looks like Mr. Li loaned another $353K to the company.
As of December 31, 2009, the remaining balance due to Mr. Li was $1,693,036. During the three months ended March 31, 2010, Mr. Li advanced $353,822 to the Company and was repaid $439. As of March 31, 2010, the balance due to Mr. Li was $2,046,419. Mr. Li has agreed that the Company may repay the balance when its cash flow circumstance allows.