OTHER RECEIVABLES AND PREPAID EXPENSES - Note 6	3 Months Ended
Mar. 31, 2014
Notes to Financial Statements
OTHER RECEIVABLES AND PREPAID EXPENSES - Note 6	NOTE 6 - OTHER RECEIVABLES AND PREPAID EXPENSES As of March 31, 2014 and December 31, 2013, the Company's other receivables and prepaid expenses consisted of a balance of $496,816, which includes $472,042 of receivables owed to the Company by Profit Harvest that arose in the normal course of business where the Company paid for expenses and professional fees on behalf of Profit Harvest. Profit Harvest was previously a subsidiary of the Company. At December 31, 2013, there was $614,403 in receivables owed by Profit Harvest arising in the normal course of business as described above. In 2012, Profit Harvest was sold to Beijing Zhumu Culture Communication Company, Ltd. These amounts are expected to be recovered by the Company. The Company has continued to collect outstanding balances from Profit Harvest subsequent to December 31, 2013; accordingly, the Company has determined the amounts are fully recoverable and no allowance has been provided.

OTHER RECEIVABLES AND PREPAID EXPENSES - Note 6

3 Months Ended

Mar. 31, 2014

OTHER RECEIVABLES AND PREPAID EXPENSES - Note 6

NOTE 6 - OTHER RECEIVABLES AND PREPAID EXPENSES

As of March 31, 2014 and December 31, 2013, the Company's other receivables and prepaid expenses consisted of a balance of $496,816, which includes $472,042 of receivables owed to the Company by Profit Harvest that arose in the normal course of business where the Company paid for expenses and professional fees on behalf of Profit Harvest. Profit Harvest was previously a subsidiary of the Company. At December 31, 2013, there was $614,403 in receivables owed by Profit Harvest arising in the normal course of business as described above. In 2012, Profit Harvest was sold to Beijing Zhumu Culture Communication Company, Ltd. These amounts are expected to be recovered by the Company. The Company has continued to collect outstanding balances from Profit Harvest subsequent to December 31, 2013; accordingly, the Company has determined the amounts are fully recoverable and no allowance has been provided.