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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 115 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Operating Activities:      
Net loss $ (32,196) $ (22,605) $ (4,327,706)
Adjustments to reconcile net loss to net cash used by operations      
Depreciation (cost and expense) 362 361 214,391
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 (24,760) (822) 46,097
Increase/(decrease) in deferred income-government grants 0 0 110,787
Net cash used in operating activities (56,594) (23,066) (651,974)
Investing Activities      
Purchase of fixed assets 0 0 (710,118)
Loan to shareholders 0 0 (24,659)
Repay 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 0 30,000
Proceeds from shareholder loans 47,602 28,067 1,159,231
Repayment of loan to shareholders 0 0 (70,844)
Net cash provided by financing activities 47,602 28,067 1,367,496
Effect of exchange rate changes on cash 8,991 (5,000) (4,685)
Increase(decrease) in cash (1) 1 719
Cash at beginning of period 720 718 0
Cash at end of period 719 719 719
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