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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities:    
Net income for the period $ (7,276,132) $ 4,566,277
Depreciation and amortization 697,549 729,167
Stock based compensation 0 141,721
Bad debt expense. 4,632,803 553,237
Deferred income taxes (656,994) (55,634)
Inventory obsolescence reserve 3,720,073 0
Changes in assets and liabilities:    
Trade accounts receivables. 1,672,236 (3,756,396)
Other receivables. (468,509) (26,505)
Changes in Advances to suppliers. (648,436) 1,873,778
Inventory. 1,745,256 (4,552,918)
Trade accounts payables. 1,403,638 1,768,420
Accrued expenses. (6,086) 46,311
Accrued taxes payables. (1,767,344) 161,533
Other payables. (9,017) 46,552
Advances from customers. 19,003 398,842
Net Cash Provided by Operating Activities 3,058,040 1,894,385
Cash Flows from Investing Activities:    
Advances for purchases of intangible assets (4,572,982) (1,270,399)
Purchase of property and equipment (49,030) (67,722)
Net Cash Used in Investing Activities (4,622,012) (1,338,121)
Cash Flows from Financing Activities:    
Proceeds from related party loan 0 293,004
Net Cash Provided by Financing Activity 0 293,004
Effect of Exchange Rate Changes on Cash 58,787 (28,571)
Net (Decrease ) Increase in Cash and Cash Equivalents (1,505,185) 820,697
Cash and Cash Equivalents at Beginning of Period 4,029,708 4,050,854
Cash and Cash Equivalents at End of Period 2,524,523 4,871,551
Supplemental Cash Flow Information:    
Cash paid for interest 167,819 151,667
Cash paid for income taxes 1,716,064 588,661
Supplemental Noncash Investing and Financing Activities:    
Accounts payable for purchases of property and equipment 153,621 144,153
Accounts receivable collected with banker's acceptances 5,756,309 2,026,928
Advances for purchases of equipment paid with banker's acceptances 2,063,840 0
Advances to suppliers paid with banker's acceptances 0 402,338
Inventory purchased with banker's acceptances $ 2,099,243 $ 1,248,820