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Prepayments and Other Current Assets

3 Months Ended

Mar. 31, 2014

Prepayments and other current assets [Abstract]

Prepayments and other current assets

(5) Prepayments and other current assets

Prepayments and other current assets consisted of the following as of March 31, 2014 and December 31, 2013:

		March 31,				December 31,
		2014				2013
Prepaid NYSE MKT annual fee		$	30,000			$	7,500
Recoverable VAT			500,000				500,000
Prepaid insurance			-				61,529
Prepayment for purchase of materials			1,623				8,180
Prepaid land lease			340,732				490,822
Others			4,413				-
		$	876,768			$	1,068,031

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- Definition

The disclosure describes the Company's prepaid and other current assets.

+ References

No definition available.

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- Details

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