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INVENTORIES (Details) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
--- | --- | --- | ---
Inventory [Line Items] |  |  |
Inventories | $ 208,759 | $ 4,976,566 |
Less: provision for slow moving inventories | (71,843) | (1,001,452) | $ (1,101,188)
Net inventories | 136,916 | 3,975,114 |
Less: inventories, net, held for discontinued operations | 0 | 0 |
Inventories, net, held for continuing operations | $ 136,916 | $ 3,975,114 |

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- Definition Amount of inventory reserves for last-in first-out (LIFO) and other inventory valuation methods. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66092785&loc=d3e4492-108314 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.6(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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