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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Total
Common stock
Additional paid-in capital
Deferred Compensation
Statutory reserve
Accumulated other comprehensive income
Retained earnings
Balance at Dec. 31, 2013 $ 31,864,625 $ 5,619 $ 9,697,496 $ (94,052) $ 2,226,878 $ 4,710,113 $ 15,318,571
Balance (in shares) at Dec. 31, 2013   5,619,147          
Share issued for investor relation services rendered 0 50 54,200 (54,250) 0 0 0
Share issued for investor relation services rendered (in shares) 50,000            
Amortization of deferred compensation 137,452 0 0 137,452 0 0 0
Foreign currency translation adjustment (241,137) 0 0 0 0 (241,137) 0
Net loss for the period (484,470) 0 0 0 0 0 (484,470)
Balance at Jun. 30, 2014 $ 31,276,470 $ 5,669 $ 9,751,696 $ (10,850) $ 2,226,878 $ 4,468,976 $ 14,834,101
Balance (in shares) at Jun. 30, 2014   5,669,147