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Short Term Loans (Tables)

12 Months Ended

Dec. 31, 2017

Short Term Loans [Abstract]

Schedule of short term loans and related guarantees

		Guarantors		December 31, 2017				December 31,  2016
Industrial & Commercial Bank of China - Qingdao Shinan Second Branch		Rongfeng Cui, Principal shareholder,  Chairman of the Board and Chief Executive Officer (“CEO”).  Yanjuan Wang, Principal shareholder, Rongfeng Cui’s wife		$	430,345				705,676
Bank of China, Qingdao HK Road Branch		Rongfeng Cui, Principal shareholder,  Chairman of the Board and Chief Executive Officer (“CEO”).  Yanjuan Wang, Principal shareholder, Rongfeng Cui’s wife			-				158,417
China Postal Savings Bank - Qingdao Branch		Rongfeng Cui, Principal shareholder,  Chairman of the Board and Chief Executive Officer (“CEO”).  Yanjuan Wang, Principal shareholder, Rongfeng Cui’s wife			-				864,092
China Postal Savings Bank - Weihai Rd. Sub Branch		Rongfeng Cui, Principal shareholder,  Chairman of the Board and Chief Executive Officer (“CEO”).  Yanjuan Wang, Principal shareholder, Rongfeng Cui’s wife			922,169				-
TAIJ Capital Limited		None			50,000				-
				$	1,402,514,			$	1,728,185

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- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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