ACQUISITION OF NOUMENA (Tables)

12 Months Ended

Dec. 31, 2014

Pro Forma Financial Information

	For the years ended
	December 31,
	2012
	(unaudited)
Revenues	$	186,949,412
Net income	$	26,161,809
Income per share - basic	$	0.02
Income per share - diluted	$	0.02

Noumena [Member]

Schedule of Business Acquisition

Cash consideration	$	14,880,600
Fair value of ordinary shares issued (determined based on the market closing price of the Company's ADSs at the acquisition date after lock up discount)		4,230,000
Total	$	19,110,600

The purchase price was allocated based on the estimated total consideration at the acquisition date as follows:

Tangible assets acquired (including cash of $586,701)	$	669,600
Acquired intangible assets
Product technologies		3,487,524
Goodwill		14,953,476
Total	$	19,110,600