v2.4.0.6

NOTES RECEIVABLE (Tables)

3 Months Ended

Mar. 31, 2013

NOTES RECEIVABLE [Abstract]

Schedule of notes receivable

As of March 31, 2013 and December 31, 2012, the Company had net notes receivable of $557,372 and $6,088,934 as follows:

		March 31, 2013				December 31, 2012
RM Invest		$	257,372			$	5,188,934
Infratont Equities, Inc.			1,191,475				1,791,475
Less: Allowance for loan losses			(891,475	)			(891,475	)
Total note receivable, net		$	557,372			$	6,088,934

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ 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 210.5-02.3,4)

-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 3, 4

-Article 5

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