Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

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Accounts Receivable
12 Months Ended
Dec. 31, 2014
Accounts Receivable/Other Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 4 – ACCOUNTS RECEIVABLE

 

At December 31, 2014 and 2013, accounts receivable consisted of the following:

 

    December 31, 2014     December 31, 2013  
Accounts receivable   $ 51,173,833     $ 9,133,130  
Less: allowance for doubtful accounts     (1,174,121 )     -  
    $ 49,999,712     $ 9,133,130  

 

The Company reviews the accounts receivable on a periodic basis and makes general and specific allowance when there is doubt as to the collectability of individual balance.