XML 60 R48.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income tax expense (benefit) $ 0 $ 0
Increase (decrease) in valuation allowance (3,994,000) $ (1,219,000)
Operating loss carry forwards, net $ 46,400,000  
Corporate tax rate 35.00% 35.00%
Revised federal income tax rate 21.00%  
Description of effects of reducution in blended tax rate

The new bill reduced the blended tax rate for the Company from 38.5% to 25.4%.

 
Reduction in operating loss carry forward deferred tax assets $ (6,100,000)  
China [Member]    
Operating loss carry forwards, net $ 5,700,000  
Corporate tax rate 25.00%  
Operating loss carry forwards expiration term (in years) 5 years  
Hong Kong [Member]    
Operating loss carry forwards, net $ 237,000  
Corporate tax rate 17.00%