Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES AND OTHER PAYABLES (Tables)

v2.4.0.8
ACCRUED LIABILITIES AND OTHER PAYABLES (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
Accrued liabilities and other payables as of December 31, 2013 and 2012 consisted of the following:
 
 
 
December 31,
 
 
 
2013
(As restated)
 
2012
(As restated)
 
 
 
 
 
 
 
 
 
Accrued salaries and wages
 
$
4,022,049
 
$
673,234
 
Accrued expenses
 
 
393,214
 
 
-
 
Other payables
 
 
228,009
 
 
360,532
 
 
 
$
4,643,272
 
$
1,033,766