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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Preferred Stock
Common stock
Treasury stock
Additional paid-in capital
Statutory surplus reserve
Accumulated other comprehensive income
Retained earnings (deficit)
Total
Noncontrolling interest
Beginning balance at Dec. 31, 2012 $ 0 $ 29,321 $ (7,322) $ 52,083,153 $ 702,539 $ 4,058,657 $ (4,098,798) $ 52,767,550 $ 3,000,849
Beginning balance, shares at Dec. 31, 2012 0 2,932,137              
Shares issued to directors and consultants   766    1,480,266          1,481,052  
Shares issued to directors and consultants,shares   76,600              
Stock options expense         135,718          135,718  
Foreign currency translation               (3,241,292)    (3,241,292) (356,630)
Capital Injection by Tongguang Group                        2,679,883
Dividends paid                        (1,079,061)
Net loss                  (38,861,687) (38,861,687) (4,794,010)
Appropriated statutory surplus reserve            25,283    (25,283)     
Ending balance at Dec. 31, 2013 0 30,087 (7,322) 53,699,157 727,822 817,365 (42,985,768) 12,281,341 (548,969)
Ending balance, shares at Dec. 31, 2013 0 3,008,737              
Foreign currency translation           218,375   218,375 18,725
Net loss             (485,532) (485,532) (55,592)
Ending balance at Mar. 31, 2014 $ 0 $ 30,087 $ (7,322) $ 53,699,157 $ 727,822 $ 1,035,740 $ (43,471,300) $ 12,014,184 $ (585,836)
Ending balance, shares at Mar. 31, 2014 0 3,008,737