Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		2015			2014
Loss before tax	$	(8,575,369	)	$	(13,328,813	)
Deferred tax benefit of net operating loss
United States	$	-		$	-
PRC/Hong Kong		(34,448	)		(304,670	)
		(34,448	)		(304,670	)
Deferred tax benefit other than benefit of net operating loss
United States		-			-
PRC/Hong Kong		-			-
Total income tax benefit	$	(34,448	)	$	(304,670	)

Schedule of the Reconciliation of Expected Income Tax [Table Text Block]

	2015	2014
U. S. statutory income tax rate	34.0%	34.0%
Non-deductible expenses	-5.1%	-2.5%
Non-deductible interest expenses	-0.5%	-6.1%
Non-taxable change in fair value warrant liabilities	0.8%	-1.6%
Non-taxable loss on contingent consideration	-	-0.4%
Forfeiture of capital loss	-0.7%	-3.2%
Increase in valuation allowance	-34.0%	-18.5%
Tax benefit from the lapse of the statute of limitations	6.8%	-
Others	-0.9%	0.5%
Effective income tax rate	0.4%	2.3%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		2015			2014
U.S. NOL	$	11,885,880		$	9,563,551
Foreign NOL		3,641,553			2,790,913
Accrued payroll and expense		237,076			479,116
Nonqualified options		768,071			829,354
Marketable securities		-			131,691
Capital loss carryover		-			72,660
Others	$	687,721		$	92,675
Total deferred tax assets		17,220,301			13,959,960
Less: valuation allowance		(16,695,412	)		(13,783,420	)
Deferred tax liabilities
Intangible assets		(502,363	)		(536,811	)
Others		(352,650	)		(4,301	)
Total deferred tax liabilities		(855,013	)		(541,112	)
Net deferred tax liability	$	(330,124	)	$	(364,572	)

Schedule of Unrecognized Tax Roll Forward [Table Text Block]

		2015			2014
Balance, beginning of year	$	584,451		$	584,451
Lapse of the statute of limitations		(584,451	)		-
Balance, end of year	$	-		$	584,451