STOCKHOLDERS' EQUITY	12 Months Ended
Dec. 31, 2012
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 12. STOCKHOLDERS’ EQUITY On August 3, 2012, the Company entered into definitive agreements with certain investors relating to the private placement of a total of 22,000,000 common stocks at a subscription price of $0.5 per share, for an aggregate gross cash purchase price of $11,000,000 under Regulation S. Upon the closing of the private placement, the Company settled the notes of $4,023,618 by converting into an aggregate of 8,000,000 shares of common stock of the Company, at a price of $0.5 per share, to the notes holders. Concurrently, the Company consummated the sale to one accredited investor of the Company, of an aggregate of 4,000,000 shares of its common stock with par value of $0.001, at the market price of $0.5 per share, or $2,000,000 in the aggregate. As of December 31, 2012, approximately $5 million of outstanding proceeds from the private placement are recorded as subscription receivable in the Company’s balance sheet. The Company expects to receive the proceeds of $5 million in the next twelve months. As of December 31, 2012, the Company had a total of 123,000,000 shares of its common stock issued and outstanding.

STOCKHOLDERS' EQUITY

12 Months Ended

Dec. 31, 2012

NOTE 12. STOCKHOLDERS’ EQUITY

On August 3, 2012, the Company entered into definitive agreements with certain investors relating to the private placement of a total of 22,000,000 common stocks at a subscription price of $0.5 per share, for an aggregate gross cash purchase price of $11,000,000 under Regulation S.

Upon the closing of the private placement, the Company settled the notes of $4,023,618 by converting into an aggregate of 8,000,000 shares of common stock of the Company, at a price of $0.5 per share, to the notes holders.

Concurrently, the Company consummated the sale to one accredited investor of the Company, of an aggregate of 4,000,000 shares of its common stock with par value of $0.001, at the market price of $0.5 per share, or $2,000,000 in the aggregate.

As of December 31, 2012, approximately $5 million of outstanding proceeds from the private placement are recorded as subscription receivable in the Company’s balance sheet. The Company expects to receive the proceeds of $5 million in the next twelve months.

As of December 31, 2012, the Company had a total of 123,000,000 shares of its common stock issued and outstanding.