v2.4.1.9

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

NOTE 21. 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 December 31,		Operating Leases
2015		$	211,698
2016			187,592
2017			169,552
2018			169,552
2019			169,552
Thereafter			902,100
		$	1,810,046

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The entire disclosure for commitments and contingencies.

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