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NOTE 5 - CONVERTIBLE NOTE, OFFICERS
9 Months Ended
Sep. 30, 2013
Convertible Debt [Abstract]  
Convertible Debt [Text Block]
NOTE 5 - CONVERTIBLE NOTE, OFFICERS

On January 1, 2011, the Company obtained a convertible note from Frank Yuan, the Company's Chief Executive Officer (“CEO”), and his family which provides for borrowings up to a maximum of $1,800,000 and is due on demand. The note carries an interest rate of 6.0% per annum and is convertible into the Company's equity securities at a conversion price of $0.04 given a written notice of the contemplated conversion describing in reasonable detail the material terms of such equity securities and of the issue is provided. On July 29, 2013, $229,760 of convertible note and interest was converted into 5,744,000 shares of common stock.

The balance of convertible note as of September 30, 2013 was $741,645; the accrued interest on the note was $230,563. The balance of convertible note as of December 31, 2012 was $1,599,418 and the accrued interest on the note was $201,170.