v2.4.0.8
PREPAID EXPENSES
9 Months Ended
Sep. 30, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses Disclosure [Text Block]
NOTE 7. PREPAID EXPENSES
 
Prepaid expenses consisted of the following:
 
 
September 30,
 
December 31,
 
 
 
2014
 
2013
 
Deductible value-added taxes (VAT)
 
$
982,060
 
$
356,876
 
Prepaid rent
 
 
304,349
 
 
368,827
 
Prepaid other expenses
 
 
11,345
 
 
435,599
 
Total
 
$
1,297,754
 
$
1,161,302