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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities:    
Net (loss) income for the period $ (9,578,163) $ 5,861,760
Depreciation and amortization 1,039,716 1,096,641
Stock based compensation 0 141,721
Bad debt expense 7,910,583 724,745
Deferred income taxes (1,129,506) (67,603)
Inventory obsolescence reserve 3,311,926 0
Changes in assets and liabilities:    
Trade accounts receivables 1,077,182 (2,443,587)
Other receivables (452,500) (73,579)
Changes in Advances to suppliers (642,850) 1,385,889
Inventory 4,138,431 (5,911,799)
Trade accounts payables 376,312 1,661,109
Accrued expense 22,302 80,653
Accrued taxes payables (2,486,073) (83,191)
Other payables. 20,545 30,203
Advances from customers 90,159 566,972
Net Cash Provided by Operating Activities 3,698,064 2,969,934
Cash Flows from Investing Activities:    
Advances for purchases of intangible assets (496,634) (1,272,956)
Purchases of construction in process (9,177,004) (1,020,731)
Purchase of property and equipment (90,084) (81,352)
Net Cash Used in Investing Activities (9,763,722) (2,375,039)
Cash Flows from Financing Activities:    
Proceeds from construction term loan 6,437,906 0
Proceeds from related party loan 0 393,004
Net Cash Provided by Financing Activity 6,437,906 393,004
Effect of Exchange Rate Changes on Cash 103,542 23,013
Net (Decrease ) Increase in Cash and Cash Equivalents 475,790 1,010,912
Cash and Cash Equivalents at Beginning of Period 4,029,708 4,050,854
Cash and Cash Equivalents at End of Period 4,505,498 5,061,766
Supplemental Cash Flow Information:    
Cash paid for interest 324,117 228,874
Cash paid for income taxes 2,472,099 1,343,957
Supplemental Noncash Investing and Financing Activities:    
Accounts payable for purchases of property and equipment 136,742 144,153
Accounts receivable collected with banker's acceptances 6,256,327 2,026,928
Advances for purchases of equipment paid with banker's acceptances 2,555,419 0
Advances for purchases of intangibles paid with banker's acceptances 715,445 0
Advances to suppliers paid with banker's acceptances 0 402,338
Inventory purchased with banker's acceptances $ 2,810,462 $ 1,248,820