INCOME TAXES NARRATIVE (DETAILS) - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
|
| INCOME TAXES NARRATIVE DETAILS | ||
| Change in the Tax expense | $ 837,087 | $ 1,478,831 |
| Basic and diluted earnings per share | $ (0.02) | $ (0.03) |
| Net operating loss carryforwards for PRC tax purposes | $ 51,000,000 | |
| Net operating losses for United States federal income tax purposes | 4,500,000 | |
| Valuation allowance against its deferred tax | $ 21,452,802 | $ 12,798,572 |