v3.4.0.3

Investment in Joint Venture under the Equity Method - Schedule of Investment in Joint Venture (Details) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2015 | Dec. 31, 2014
Current assets | $ 7,184,257 | $ 280,190
Intangible assets, net | 224,589 | 589,044
Current liabilities | 24,469,432 | 6,002,331
Operating expenses | 8,049,312 | 1,372,542
Net (loss) | 13,254,268 | $ (4,040,122)
Green Shift [Member] |  |
Current assets | 2,238 |
Intangible assets, net | 3,619,048 |
Current liabilities | 123,281 |
Members’ equity | $ 3,009,900 |
Net sales |  |
Operating expenses | $ 1,369,580 |
Amortization expense | 380,952 |
Net (loss) | $ (1,750,532) |

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