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Prepayments and Other Current Assets (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Summary of prepayments and other current assets
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
Prepayments and other current assets, Total	$ 698,601	$ 5,401,705

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Prepaid land lease.

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Prepaid stock market fee.

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Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer).

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Amount of asset related to consideration paid in advance for other costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer.

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Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.

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Amount of asset related to consideration paid in advance for insurance that provides economic benefits within a future period of one year or the normal operating cycle, if longer.

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Carrying amount as of the balance sheet date of value added taxes due either from customers arising from sales on credit terms, or as previously overpaid to tax authorities. For classified balance sheets, represents the current amount receivable, that is amounts expected to be collected within one year or the normal operating cycle, if longer.

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