Other Receivables - Note 4

3 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

4. OTHER RECEIVABLES

	As of 3/31/2013			As of 12/31/2012
Type of Account
Trade financing to business associates	$	-	$	6,122
Allowance for bad debt		-		-
Other receivable, net		-		6,122

Other receivables as of December 31, 2012 pertained to the Company voluntarily extending financing to business associates for purchase of merchandise in return for 60% of gross profit in those transactions, in lieu of interest, as well as loans to third parties with no interest, security and specific terms of repayment.