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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash $ 174,247 $ 619,812
Restricted cash 0 827,000
Accounts receivable 793,490 214,744
Inventories 679,403 1,167,447
Advance to suppliers 445,798 0
Prepaid expenses 176,263 336,144
Prepaid stock compensation 0 486,533
Other receivables 11,235 30,037
Total current assets 2,280,436 3,681,717
Property and equipment, net 53,434 100,978
Other assets 96,071 93,862
Total noncurrent assets 149,505 194,840
Total assets 2,429,941 3,876,557
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)    
Accounts payable 727,685 1,344,866
Accrued liabilities 27,802 24,827
Deferred revenue 741 113,403
Taxes payable 17,220 40,814
Other payables 140,543 176,549
Payable to Caesar Capital Management Ltd 121,536 853,675
Related party payables 1,837,011 474,607
Total current liabilities 2,872,538 3,028,741
Stockholders’ equity (deficit)    
Common stock, $0.0001 par value, 100,000,000 shares authorized 19,068,889 shares issued and outstanding as of December 31, 2012 and December 31, 2011 1,907 1,907
Discount on common stock issued to founders (130,741) (130,741)
Additional paid-in capital (1) 2,973,225 2,973,225
Non-controlling interest in subsidiary 7,056 4,240
Accumulated other comprehensive income 73,342 80,901
Accumulated deficit (3,367,386) (2,081,716)
Total stockholders’ equity (deficit) (442,597) 847,816
Total liabilities and stockholders’ equity (deficit) $ 2,429,941 $ 3,876,557