XML 18 R9.htm IDEA: XBRL DOCUMENT v3.4.0.3
SECURITY DEPOSITS TO SUPPLIERS
3 Months Ended
Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Security Deposits To Suppliers [Text Block]
4.
SECURITY DEPOSITS TO SUPPLIERS
 
Security deposits paid by Liaoning Fuda were to maintain its relationship with the suppliers in order to ensure ample, constant supply and prompt delivery of goods,
 
Security deposits paid by Fuda UK was a purchase commitment upon execution of the contract
 
Security deposits to suppliers consist of the following:
 
 
 
March 31,
 
December 31,
 
 
 
2016
 
2015
 
Liaoning Fuda - Supplier A
 
$
1,624,155
 
$
-
 
Liaoning Fuda - Supplier B
 
 
1,469,474
 
 
-
 
Liaoning Fuda - Supplier C
 
 
1,426,936
 
 
-
 
Fuda UK - Supplier D
 
 
1,998,484
 
 
996,166
 
Total
 
$
6,519,049
 
$
996,166