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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss attributable to the company $ (2,661,411) $ (472,562)
Less: loss attributable to non-controlling interest
Net loss (2,661,411) (472,562)
Adjustment to reconcile net loss to net cash used in operating activities:    
Depreciation expense 8,415 8,311
Amortization expense 10,930 130
Equity based compensation charge 108,000
Shares issued for services 2,032,275
Non- cash investment in affiliates (3,000)
Changes in Assets and Liabilities    
Accounts receivable (155,999) (9,076)
Inventory 115,308 59,151
Recoverable IVA taxes and credits (109,700) (93,749)
Other current assets (17,408) 41,944
Other assets (68) (4,913)
Accounts payable and accrued expenses 38,711 (38,888)
IVA and other taxes payable 3,303 10,650
Advances from customers 3,873 2,972
Interest accruals 2,992
CASH USED IN OPERATING ACTIVITIES (623,779) (496,030)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (454) (404)
NET CASH USED IN INVESTING ACTIVITIES (454) (404)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from loans payable 289,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 289,000
Effect of exchange rate changes on cash and cash equivalents 42,982 59,016
NET DECREASE IN CASH (581,251) (148,418)
CASH AT BEGINNING OF PERIOD 832,159 173,828
CASH AT END OF PERIOD 250,908 25,410
CASH PAID FOR INTEREST AND TAXES:    
Cash paid for income taxes
Cash paid for interest