Note 10. Related Parties Transactions

12 Months Ended

Dec. 31, 2013

Notes

Note 10. Related Parties Transactions

NOTE 10.  RELATED PARTIES TRANSACTIONS

The amounts due to related parties are as follows:

	As of December 31
	2013		2012
Due from Xinju	$	(39,495)	$	(37,704)
Due to stockholders		407,839		411,026
Total	$	368,344	$	373,322

Xinju is a related party partially owned by the second largest shareholder of Apollo, Renyi Hou.  All the above loans are non-interest bearing and due on demand.

During the year ended December 31, 2013,  the Company reclassified RMB 20 million ($3,723,108) which was contributed in 2008 from loan receivable from Xinju to additional paid in capital and established a 100% allowance on this receivable.