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Prepayments and Other Current Assets (Tables)
3 Months Ended
Mar. 31, 2013
Prepayments and Other Current Assets [Abstract]  
Summary of prepayments and other current assets
 
   
March 31,
2013
   
December 31,
2012
 
Prepaid NYSE MKT annual listing fees
 
$
30,000
   
$
6,875
 
Recoverable VAT
   
4,048,973
     
4,784,074
 
Prepaid insurance
   
-
     
55,922
 
Prepayment for purchase of materials
   
7,979
     
77,445
 
Prepaid land lease
   
335,110
     
475,541
 
Others
   
1,063
     
1,848
 
   
$
4,423,125
   
$
5,401,705