OTHER ASSETS

9 Months Ended

Sep. 30, 2013

Other Assets [Abstract]

Other Assets Disclosure [Text Block]

5.     OTHER ASSETS

Other assets of $27,635 at September 30, 2013 consists of $24,740 investment in joint venture, and $2,895 refundable deposits. See Note 18. JOINT VENTURE EQUITY EXCHANGE AGREEMENT for further information on investment in joint venture and Note 24. SECURITY PURCHASE AGREEMENT for further information commitment fee.

Other assets of $31,635 at December 31, 2012 consists of $24,740 investment in joint venture, and $6,895 refundable deposits. See Note 18. JOINT VENTURE EQUITY EXCHANGE AGREEMENT for further information on investment in joint venture and Note 24. SECURITY PURCHASE AGREEMENT for further information commitment fee.