2.4.0.8000150 - Disclosure - Note 10 - Accrued Expenses and Other Payablestruefalsefalse1false falsefalseD130101_130630http://www.sec.gov/CIK0001388978duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00NOTE 10 ACCRUED EXPENSES AND OTHER PAYABLES   As of the balance sheet dates, the Companys accrued expenses and other payables are summarized as follows:   <table border="0" cellspacing="0" cellpadding="0" style='line-height:115%;margin-left:26.15pt;border-collapse:collapse'> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;padding:0in 0in 1.5pt 0in'>   </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'>June 30, <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:1.55pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'>2013 </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'>December 31, <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:3.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'> 2012 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;padding:0'>   </td> <td width="90" valign="bottom" style='width:67.5pt;padding:0'>   </td> <td width="90" valign="bottom" style='width:67.5pt;padding:0'>   </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:#CCEEFF;padding:0'> <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;background:#CCEEFF;text-autospace:none'>Accrued interest expense </td> <td width="90" valign="bottom" style='width:67.5pt;background:#CCEEFF;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'>277,507 </td> <td width="90" valign="bottom" style='width:67.5pt;background:#CCEEFF;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'>272,056 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:white;padding:0'> <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;background:white;text-autospace:none'>Amount due to Shenzhen Hanhong (i) </td> <td width="90" valign="bottom" style='width:67.5pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>887,805 </td> <td width="90" valign="bottom" style='width:67.5pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>870,365 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:#CCEEFF;padding:0in 0in 1.5pt 0in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;background:#CCEEFF;text-autospace:none'>Other payables (ii) </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;background:#CCEEFF;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'>873,875 </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;background:#CCEEFF;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'>836,340 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:white;padding:0in 0in 3.0pt 0in'>   </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:double black 2.25pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>$2,039,187 </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:double black 2.25pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>$1,978,761 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:white;padding:0'>   </td> <td width="90" valign="bottom" style='width:67.5pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>  </td> <td width="90" valign="bottom" style='width:67.5pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>  </td> </tr> </table>   <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;line-height:normal;text-autospace:none'>(i)    The amount mainly represents consultancy fee payable to Shenzhen Hanhong. Shenzhen Hanhong is a related party as Mr. Xinghua Chen is a common director of the Company and Shenzhen Hanhong. The amount is interest free, unsecured and has no fixed terms of repayment.   <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;line-height:normal;text-autospace:none'>(ii)   Included in other payable as of June 30, 2013, there are an amount payable for office decoration in the amount of $260,640, and an amount payable for marketing and promotional expenses of $439,853. The remaining balance consists of amounts owed by the Company to various entities that are incurred by the Company in daily business operations other than trading nature.  These liabilities and accrued operating expenses are non-interest bearing and are payable within one year.falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period.No definition available.false0Note 10 - Accrued Expenses and Other PayablesfalseNote 10 - Accrued Expenses and Other PayablesUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://cngv/20130630/role/idr_DisclosureNote10AccruedExpensesAndOtherPayables12