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Statement of Cash Flows (USD $)
12 Months Ended 109 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Operating Activities:      
Net loss $ (89,285) $ (110,580) $ (4,295,510)
Adjustments to reconcile net loss to net cash used by operations      
Depreciation (cost and expense) 726 843 214,029
Provision for obsolete inventories 0 0 107,484
Impairment loss on intangible assets 0 0 241,639
Impairment loss on fixed assets 0 0 669,813
Gain on disposal of fixed assets 0 0 (7,730)
Stock compensation 0 0 2,400,000
Changes in operating assets and liabilities:      
(Increase)/decrease in prepaid and other receivables 0 0 (293)
(Increase)/decrease in inventory 0 0 (107,151)
Increase/(decrease) in accounts payable 0 0 695
Increase/(decrease) in accrued expenses 27,933 7,599 70,857
Increase/(decrease) in deferred income-government grants 0 0 110,787
Net cash used in operating activities (60,626) (102,138) (595,380)
Investing Activities      
Purchase of fixed assets 0 0 (710,118)
Loan to shareholders 0 0 (24,659)
Repayment of loan from shareholders 0 0 24,659
Net cash used in investing activities 0 0 (710,118)
Financing Activities      
Distribution to shareholders 0 0 (24,994)
Capital contribution 0 0 274,103
Proceeds from issuance of common stock 0 30,000 30,000
Proceeds from shareholder loans 70,602 76,638 1,111,629
Repayment of loan to shareholders 0 0 (70,844)
Net cash provided by financing activities 70,602 106,638 1,319,894
Effect of exchange rate changes on cash (9,974) (3,818) (13,676)
Increase(decrease) in cash 2 682 720
Cash at beginning of period 718 36 0
Cash at end of period 720 718 720
Interest received (paid) during the year 0 0 260
Contribution of patent for equity 0 0 241,639
Contribution of fixed assets for equity 0 0 125,497
Stock issued in exchange for consulting services 0 0 2,400,000
Conversion of shareholder's loan to paid in capital $ 0 $ 0 $ 359,357