Bank short term debt

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Bank short term debt

Note 13 - Bank short term debt

	2013	2012
Bank loan payable to Taiwan banks	$402,212	$413,351

The Company signed revolving credit agreements with a lending institution. The interest rate on short-term borrowings outstanding as of December 2013 is 1.94% per annum, as of December 31, 2012, interest rate ranges from 3.15% to 3.166% per annum.  The short term debt is secured by:

1. personal guarantee from a director
2. the realty property of spouse of a director