XML 34 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Summary of Significant Accounting Policies [Abstract]  
Schedule of equipment held for sale discontinued operations measured at fair value on a nonrecurring basis

  Quoted Prices in
Active Markets for Identical Assets 
(Level 1)
  Significant Other Observable Inputs
(Level 2)
  Significant Unobservable Inputs 
(Level 3)
  Balance at December 31, 
2016
 
Equipment held for sale – discontinued operations $      -  $        -  $1,147,035  $1,147,035
Schedule of cash balances by geographic area
Country: March 31, 2017  December 31, 2016 
United States $402   *  $557   * 
China  2,828,290   99.99%  1,480,941   99.96%
Total cash and cash equivalents $2,828,692   100.0% $1,481,498   100.0%
Schedule of reconciliation of basic and diluted net (loss) per share
  Three Months Ended
March 31,
 
  2017  2016 
Net loss for basic and diluted net loss per common share $(146,484) $(844,093)
From continuing operations  (146,484)  (103,515)
From discontinued operations $-  $(740,578)
         
Weighted average common stock outstanding– basic and diluted  1,415,441   1,025,172 
         
Net loss per share of common stock        
From continuing operations – basic and diluted $(0.10) $(0.10)
From discontinued operations – basic and diluted  -   (0.72)
Net loss per common share  - basic and diluted $(0.10) $(0.82)