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Prepayments and Other Current Assets (Tables) | 9 Months Ended
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Sep. 30, 2013
Prepayments and other current assets [Abstract] |
Summary of prepayments and other current assets |
|  | September 30, 2013 |  |  | December 31, 2012 |
Prepaid AMEX annual fee |  | $ | 15,000 |  |  | $ | 6,875 |
Recoverable VAT |  |  | 500,000 |  |  |  | 4,784,074 |
Prepaid insurance |  |  | 123,058 |  |  |  | 55,922 |
Prepayment for purchase of materials |  |  | 6,792 |  |  |  | 77,445 |
Prepaid land lease |  |  | 53,751 |  |  |  | 475,541 |
Others |  |  | - |  |  |  | 1,848 |
|  | $ | 698,601 |  |  | $ | 5,401,705

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