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Prepayments and Other Current Assets (Tables) | 9 Months Ended
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Sep. 30, 2014
Prepayments and other current assets [Abstract] |
Summary of prepayments and other current assets |
|  | September 30, |  |  | December 31, |
|  |  | 2014 |  |  |  | 2013 |
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 |  |  |  | - |
|  | $ | 831,504 |  |  | $ | 1,068,031 |

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