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Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 17 – SUBSEQUENT EVENTS  

 

In May 2017, the Company repaid in full the bank acceptance notes payable to Jiangsu Huishan Mintai Village Town Bank of $435,249.

 

In May 2017, the Company issued 15,000 shares of common stock pursuant to its 2016 long-term incentive plan. The shares were valued at $50,400, the fair market value on the grant date using the reported closing share price on the date of grant, and the Company decreased accrued professional fees of $50,400.