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Other Payables and Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2012

Other Payables and Accrued Liabilities [Abstract]

Other Payables and Accrued Liabilities

		December 31,				December 31,
		2012				2011
Accrued electricity		$	232,763			$	314,598
Accrued professional fees			143,597				58,000
Accrued interest			656,623				269,019
Payable for purchase of equipment			152,173				936,908
Insurance premium payable			56,773				-
Others			20,355				11,016
Totals		$	1,262,284			$	1,589,541

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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No definition available.

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