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Merger and Acquisitions (Narrative) (Details) (USD $)
12 Months Ended 12 Months Ended
Dec. 31, 2013
Silver Tech
May 31, 2010
Silver Tech
Dec. 31, 2013
CDE
Jan. 04, 2011
CDE
Business Acquisition, Effective Date of Acquisition May 31, 2010   Jan. 04, 2011  
Business Acquisition, Name of Acquired Entity

Silver Tech Enterprises Ltd

 

 

 

 

 

 

Celestial Digital Entertainment, Ltd., ("CDE")

 
Business Acquisition, Description of Acquired Entity

The Company acquired 100% equity in Silver Tech on May 31, 2010. As of May 31, 2010, the net assets of Silver Tech were $2,564,160. The purchase consideration was $10,960,000 which resulted in goodwill of $8,395,840. As of December 31, 2012, the Company has taken action to dispose of Silver Tech's operating subsidiaries Ever Elite and Nollec; accordingly, all goodwill related to Silver Tech has been written off.

 

 

 

The Company acquired 100% ownership of CDE on January 4, 2011. As of January 4, 2011, the net liabilities of CDE were $43,409. The purchase consideration was $1,818,000 which resulted in goodwill of $1,861,409. As of December 31, 2012, as part of the Company's disposal of Profit Harvest the Company has indirectly disposed of CDE, accordingly, all of the goodwill related to CDE has been written off.

 

 

 
Business Combination, Reason for Business Combination    

As of December 31, 2012, as part of the Company's disposal of Profit Harvest the Company has indirectly disposed of CDE, accordingly, all of the goodwill related to CDE has been written off.

 
Business Acquisition, Cost of Acquired Entity   $ 10,960,000   $ 1,818,000
Business Acquisition, Percentage of Voting Interests Acquired   100.00%   100.00%