Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investment (Tables)

v3.5.0.2
Equity Method Investment (Tables)
9 Months Ended
Sep. 30, 2016
Equity Method Investment [Abstract]  
Summary of financial information provided to the company by the investee, for the unconsolidated company

    September 30, 2016     December 31, 2015  
Current assets   $ 50,709,558     $ 52,216,844  
Noncurrent assets     4,276,098       4,404,656  
Current liabilities     19,597       14,945  
Noncurrent liabilities     -       -  
Equity     54,966,059       56,606,555  

 

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2016     2015     2016     2015  
Net revenue   $ -     $ -     $ -     $ -  
Gross profit     -       -       -       -  
Loss from operation     34,811       97,677       125,404       107,271  
Net loss     34,842       97,677       125,477       107,271