v2.4.0.8

INCOME TAXES (Details 2) (USD $) | Sep. 30, 2014 | Dec. 31, 2013
--- | --- | ---
Deferred tax assets |  |
Net operating loss carryforwards (NOL) | $ 5,648,497 | $ 5,090,602
Share-based compensation | 407,099 | 435,844
Others | 439,084 | 440,331
Total | 6,494,680 | 5,966,777
Less: Valuation allowance | (6,494,680) | (5,966,777)
Total deferred tax assets, net | $ 0 | $ 0

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