v2.4.0.8

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

NOTE 20. COMMITMENTS AND CONTINGENCIES

Lease Commitments

The Company leases railroad lines, warehouses and offices under operating leases. Future minimum lease payments under operating leases with initial or remaining terms of one year or more are as follows:

As of September 30,		Operating Leases
2015		$	233,670
2016			173,021
2017			171,391
2018			171,391
2019			171,391
Thereafter			954,736
		$	1,875,600

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The entire disclosure for commitments and contingencies.

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