XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Statutory Reserve
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2014 $ 97,320,803   $ 965 $ 33,520,752 $ 50,039,267 $ 3,294,199 $ 10,465,620
Beginning balance, shares at Dec. 31, 2014     964,997        
Common stock issued for services, value 285,560   $ 21 285,539
Common stock issued for services, shares     21,000        
Adjustment to statutory reserve   (261,269) 261,269
Net loss for the year (12,770,222)   (12,770,222)
Foreign currency translation adjustment (4,769,009)   (4,769,009)
Ending balance at Dec. 31, 2015 80,067,132 $ 986 33,806,291 37,007,776 3,555,468 5,696,611
Ending balance, shares at Dec. 31, 2015   985,997        
Common stock issued for services, value 990,280 $ 248 990,032
Common stock issued for services, shares   248,125        
Common stock sold for cash 753,400 $ 180 753,220
Common stock sold for cash, shares   180,000        
Shares issued for adjustments for 1:4 reverse split $ 1 (1)
Shares issued for adjustments for 1:4 reverse split, shares   1,319        
Reversal of statutory reserve upon sale of subsidiary 1,202,876 (12,028,776)
Net loss for the year (11,679,154) (11,679,154)
Foreign currency translation adjustment (4,819,622)         (4,819,622)
Ending balance at Dec. 31, 2016 $ 65,312,036 $ 1,415 $ 35,549,542 $ 26,531,498 $ 2,352,592 $ 876,989
Ending balance, shares at Dec. 31, 2016   1,415,441