Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Stockholders' Equity (Unaudited)

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Interim Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)
Common Stock
Preferred Stock
Additional Paid-In Capital (Restated)
Accumulated Other Comprehensive Income
Deficit (Restated)
Total
Beginning Balance, Amount at Dec. 31, 2011 $ 18,554    $ 5,428,460   $ (5,467,089) $ (20,075)
Beginning Balance, Shares at Dec. 31, 2011 18,553,778           
Net loss             (430,790) (430,790)
Foreign currency translation adjustment          1,613    1,613
Expenses assumed by stockholders, Amount 423    46,427       46,850
Expenses assumed by stockholders, Shares 422,778           
Issuance for loan collateral, Amount 879    (879)         
Issuance for loan collateral, Shares 879,196          
Issuance of preferred stock in exchange of the common stock, Amount (28) 28            
Issuance of preferred stock in exchange of the common stock, Shares (28,092) 28,092        
Issuance of new shares to shareholder, Amount 3,206    155,715       158,921
Issuance of new shares to shareholder, Shares 3,205,960           
Issuance of new shares to investor, Amount 1,649    160,940       162,589
Issuance of new shares to investor, Shares 1,649,665           
Ending Balance, Amount at Dec. 31, 2012 24,684 28 5,790,663 1,613 (5,897,879)  
Ending Balance, Shares at Dec. 31, 2012 24,683,285 28,092        
Net loss             (85,986) (85,986)
Foreign currency translation adjustment          (55)    (55)
Issuance of new shares for legal service (note 7), Amount 200    29,800       30,000
Issuance of new shares for legal service (note 7), Shares 200,000          
Returned loan collateral, Amount (879)    879         
Returned loan collateral, Shares (879,196)          
Ending Balance, Amount at Mar. 31, 2013 $ 24,005 $ 28 $ 5,821,342 $ 1,558 $ 5,983,865 $ (136,932)
Ending Balance, Shares at Mar. 31, 2013 24,004,089 28,092