Note 10. Related Parties Transactions

12 Months Ended

Dec. 31, 2014

Notes

Note 10. Related Parties Transactions

NOTE 10.  RELATED PARTIES TRANSACTIONS

The amounts due to (from) related parties are as follows:

	As of December 31
	2014		2013
Due from Xinju	$	(39,315)	$	(39,495)
Due to stockholders		282,587		407,839
Total	$	243,272	$	368,344

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.