INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jun. 30, 2013

SCHEDULE OF INTANGIBLE ASSETS [Table Text Block]

		June 30,			December 31,
		2013			2012
Computer software, cost	$	1,607		$	1,580
Exclusive right to use a secret process, cost		4,857,341			4,774,807
Less: Accumulated amortization		(3,522,992	)		(3,224,365	)
	$	1,335,956		$	1,552,022

SCHEDULE OF ESTIMATED EXPENSE OF THE INTANGIBLE ASSETS [Table Text Block]

Remainder of fiscal 2013	$	242,893
Fiscal 2014		485,786
Fiscal 2015		485,786
Fiscal 2016		121,491
	$	1,335,956