v3.5.0.2

Investment in Joint Venture under the Equity Method - Schedule of Investment in Joint Venture (Details) - USD ($) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015
Current assets | $ 2,171,350 | $ 262,683 | $ 2,171,350 | $ 262,683 | $ 3,647,000
Intangible assets, net | 32,296 |  | 32,296 |  | 224,589
Current liabilities | 16,306,212 |  | 16,306,212 |  | $ 21,579,150
Operating expenses | 946,475 | 2,323,893 | 2,071,934 | 4,256,777 |
Net (loss) | 2,626,166 | $ (2,652,895) | 2,228,414 | $ (2,646,263) |
Green Shift Corporation [Member] |  |  |  |  |
Current assets | 2,137 |  | 2,137 |  |
Intangible assets, net | 3,333,333 |  | 3,333,333 |  |
Current liabilities | 151,042 |  | 151,042 |  |
Members' equity | $ 3,009,900 |  | 3,009,900 |  |
Net sales |  |  |  |  |
Operating expenses |  |  | 477,580 |  |
Amortization expense |  |  | 285,714 |  |
Net (loss) |  |  | $ (763,294) |  |

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