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Other Payables and Accrued Liabilities (Tables)

3 Months Ended

Mar. 31, 2013

Other Payables and Accrued Liabilities [Abstract]

Summary of other Payables and Accrued Liabilities

		March 31, 2013				December 31, 2012
Accrued electricity		$	288,310			$	232,763
Accrued professional fees			105,256				143,597
Accrued interest			821,462				656,623
Payable for purchase of equipment			153,193				152,173
Insurance premium payable			-				56,773
Others			15,192				20,355
Totals		$	1,383,413			$	1,262,284

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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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