XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Sales revenue $ 280,430 $ 161,746
Cost of goods sold 278,526 151,090
Gross profit 1,904 10,656
Operating Expenses    
Selling expenses 7,996 5,330
General and administrative expenses 181,383 53,094
Total operating expenses 189,379 58,424
Loss from operations (187,475) (47,768)
Other income (expenses)    
Other income 2,969 7,646
Interest income (expense) 29 (22,318)
Total other income (expenses) 2,998 (14,672)
Loss before income taxes (184,477) (62,440)
Provision for income taxes 0 0
Net loss (184,477) (62,440)
Less: net loss attributable to non-controlling interest (35,782) (30,595)
Net loss attributable to the Company (148,695) (31,845)
Net loss (184,477) (62,440)
Other comprehensive loss    
Foreign currency translation gain 5,399 3,494
Comprehensive loss (179,078) (58,946)
Less: comprehensive gain attributable to non-controlling interest 2,646 1,712
Net comprehensive loss to the Company $ (181,724) $ (60,658)
Loss per weighted average share of common stock - basic and diluted $ (.02) $ (.01)
Weighted average share outstanding - basic and diluted 9,827,547 4,504,214