Related Party Transactions	12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 6 – RELATED PARTY TRANSACTIONS A member of the Company’s board of directors (“Board”) had previously advanced to the Company an aggregate amount of $1,354,567 as of December 31, 2022 and December 31, 2021 which is recorded as “Other Payables – Related Parties” on the accompanying condensed consolidated balance sheets. The advances bear interest at a rate of 1.0% per year. Total interest expense years ended December 31, 2022 and 2021 was $13,546 and $13,546, respectively. Compensation and interest payable to the board member is included in Other payables in the accompanying condensed consolidated balance sheet totaling $372,578 and $327,033 as of December 31, 2022 and 2021, respectively. The Company received advances totaling $0 and $1,183,414 and repaid $223,013 and $562,659 of the advances during the years ended December 31, 2022 and 2021, respectively from its Chairperson, Chief Executive Officer and Interim Chief Financial Officer. Total amounts owed were $1,121,273 and $1,425,123 and are recorded as Other payables – related parties on the accompanying condensed consolidated balance sheets as of December 31, 2022 and 2021, respectively. On July 8, 2019 the Company entered into a loan agreement in exchange for cash of RMB 4,770,000 ($738,379) with its Chairperson, Chief Executive Officer and Interim Chief Financial Officer. The loan bears interest at a rate of 4.35% and is payable within one year of the loan agreement. The due date of the loan agreement has been extended annually on identical terms, and is now due July 9, 2023. Total interest expense related to the loan for the years ended December 31, 2022 and 2021 was $28,962 and $30,194, respectively. Compensation payable to the Chairperson, Chief Executive Officer and Interim Chief Financial Officer is included in Other payables in the accompanying condensed consolidated balance sheet totaling $951,506 and $715,506 as of December 31, 2022 and 2021, respectively. As discussed more fully in Note 12, on September 9, 2021 an aggregate of $1,179,200 of compensation was converted into a total of 176,000 shares of common stock at the market price of $6.70 per share from the Company’s 2010 Long-Term Incentive Plan, as amended.

Related Party Transactions

12 Months Ended

Dec. 31, 2022

NOTE 6 – RELATED PARTY TRANSACTIONS

A member of the Company’s board of directors (“Board”) had previously advanced to the Company an aggregate amount of $1,354,567 as of December 31, 2022 and December 31, 2021 which is recorded as “Other Payables – Related Parties” on the accompanying condensed consolidated balance sheets. The advances bear interest at a rate of 1.0% per year. Total interest expense years ended December 31, 2022 and 2021 was $13,546 and $13,546, respectively. Compensation and interest payable to the board member is included in Other payables in the accompanying condensed consolidated balance sheet totaling $372,578 and $327,033 as of December 31, 2022 and 2021, respectively.

The Company received advances totaling $0 and $1,183,414 and repaid $223,013 and $562,659 of the advances during the years ended December 31, 2022 and 2021, respectively from its Chairperson, Chief Executive Officer and Interim Chief Financial Officer. Total amounts owed were $1,121,273 and $1,425,123 and are recorded as Other payables – related parties on the accompanying condensed consolidated balance sheets as of December 31, 2022 and 2021, respectively. On July 8, 2019 the Company entered into a loan agreement in exchange for cash of RMB 4,770,000 ($738,379) with its Chairperson, Chief Executive Officer and Interim Chief Financial Officer. The loan bears interest at a rate of 4.35% and is payable within one year of the loan agreement. The due date of the loan agreement has been extended annually on identical terms, and is now due July 9, 2023. Total interest expense related to the loan for the years ended December 31, 2022 and 2021 was $28,962 and $30,194, respectively. Compensation payable to the Chairperson, Chief Executive Officer and Interim Chief Financial Officer is included in Other payables in the accompanying condensed consolidated balance sheet totaling $951,506 and $715,506 as of December 31, 2022 and 2021, respectively. As discussed more fully in Note 12, on September 9, 2021 an aggregate of $1,179,200 of compensation was converted into a total of 176,000 shares of common stock at the market price of $6.70 per share from the Company’s 2010 Long-Term Incentive Plan, as amended.