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v3.19.1

Consolidated Statements of Stockholders' Equity - USD ($) | Common stock | Paid in Capital | Statutory Reserves | Other Comprehensive Income (Loss) | Retained Earnings (Accumulated Deficit) | Total | Noncontrolling Interest
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2017 | $ 8,310 | $ 111,796,813 | $ 14,525,712 | $ 860,553 | $ 28,321,696 | $ 155,513,084 | $ (478,637)
Balance, shares at Dec. 31, 2017 | 8,310,198 |  |  |  |  |  |
Net loss for the quarter |  |  |  |  | (114,237) | (114,237) | (91,258)
Transfer to statutory reserves |  |  | 75,990 |  | (75,990) |  |
Foreign currency translation gain |  |  |  | 6,405,278 |  | 6,405,278 | (21,922)
Balance at Mar. 31, 2018 | $ 8,310 | 111,796,813 | 14,601,702 | 7,265,831 | 28,131,469 | 161,804,125 | (591,817)
Balance, shares at Mar. 31, 2018 | 8,310,198 |  |  |  |  |  |
Balance at Dec. 31, 2018 | $ 10,295 | 114,484,018 | 14,525,712 | (4,620,930) | (37,675,202) | 86,723,893 | (3,544,624)
Balance, shares at Dec. 31, 2018 | 10,295,820 |  |  |  |  |  |
Issuance of common stock | $ 1,600 | 1,619,200 |  |  |  | 1,620,800 |
Issuance of common stock, shares | 1,600,000 |  |  |  |  |  |
Conversion of note payable into shares | $ 1,852 | 2,013,124 |  |  |  | 2,014,976 |
Conversion of note payable into shares, shares | 1,851,946 |  |  |  |  |  |
Purchase of noncontrolling interest |  | (3,948,242) |  |  |  | (3,948,242) | 3,544,624
Net loss for the quarter |  |  |  |  | (1,942,294) | (1,942,294) |
Transfer to statutory reserves |  |  | 213,360 |  | (213,360) |  |
Foreign currency translation gain |  |  |  | 1,810,626 |  | 1,810,626 |
Balance at Mar. 31, 2019 | $ 13,747 | $ 114,168,100 | $ 14,739,072 | $ (2,810,304) | $ (39,830,856) | $ 86,279,759 |
Balance, shares at Mar. 31, 2019 | 13,747,766 |  |  |  |  |  |

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