NOTES PAYABLE AND CONVERTIBLE PROMISSORY NOTE (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Notes Payable [Table Text Block]

		9/30/2015		12/31/2014
Notes payable issued by Hankou Bank,
•     Interest rate at 5.55% per annum due 3/24/2015	$	-	$	1,629,062
Notes payable issued by BNP Paribas,
•     Interest rate at EURIBOR + 1.7% per annum due within 3 months		649,702		972,527
Notes payable issued by CIC Lorient Enterprises,
•     Interest rate at EURIBOR + 1.7% per annum due within 3 months		958,307		1,434,476
Notes payable issued by Credit Agricole,
•     Interest rate at EURIBOR + 1.7% per annum due within 3 months		452,916		705,081
Notes payable issued by LCL Banque et Assurance,
•     Interest rate at EURIBOR + 1.7% per annum due within 1 months		532,754		705,081
Notes payable issued by Société Générale,
•     Interest rate at EURIBOR + 1.7% per annum due within 1 months		459,786		559,203
	$	3,053,465	$	6,005,430

Schedule of Convertible Promissory Note [Table Text Block]

		9/30/2015		12/31/2014
Note issued by Jade Lane Group Limited
•     Interest rate at 4.50% per annum due 3/13/2015	$	-	$	3,500,000
	$	-	$	3,500,000