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Prepayments and Other Current Assets

3 Months Ended

Mar. 31, 2015

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, 2015 and December 31, 2014:

		March 31,				December 31,
			2015				2014
Prepaid NYSE MKT annual fee		$	26,250			$	7,500
Recoverable VAT			375,000				250,000
Prepaid insurance			-				55,000
Prepayment for purchase of materials			-				1,910,643
Prepaid land lease			341,897				490,276
Others			198,104				206,249
		$	941,251			$	2,919,668

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- Definition

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

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No definition available.

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