Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investment (Tables)

v3.5.0.2
Equity Method Investment (Tables)
6 Months Ended
Jun. 30, 2016
Equity Method Investment [Abstract]  
Summary of financial information provided to the company by the investee, for the unconsolidated company
    June 30,
2016
    December 31, 2015  
Current assets   $ 50,909,608     $ 52,216,844  
Noncurrent assets     4,311,262       4,404,656  
Current liabilities     4,590       14,945  
Noncurrent liabilities     -       -  
Equity     55,216,280       56,606,555  

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2016     2015     2016     2015  
Net revenue   $ -     $ -     $ -     $ -  
Gross profit     -       -       -       -  
Loss from operation     39,012       37       90,593       9,594  
Net loss     39,054       37       90,635       9,594