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Prepayments and Other Current Assets (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013
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Summary of prepayments and other current assets |  |
Prepaid NYSE MKT annual fee | $ 7,500 | $ 7,500
Recoverable VAT |  | 500,000
Prepaid insurance | 117,500 | 61,529
Prepayment for purchase of materials | 452,754 | 8,180
Prepaid land lease | 53,637 | 490,822
Guarantee deposit | 196,668 |
Others | 3,445 |
Prepayments and other current assets, Total | $ 831,504 | $ 1,068,031

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- Definition 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). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.8) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 8 -Article 5 + Details
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