Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Stockholder's Equity

v2.4.0.8
Interim Consolidated Statements of Stockholder's Equity (USD $)
Common Stock
Treasury Stock
Additional Paid-In Capital (Restated)
Subscriptions Received
Accumulated Other Comprehensive Income
Deficit
Deficit Accumulated During the Development Stage (Restated)
Total
Beginning Balance, Amount at Dec. 31, 1997 $ 600    $ 9,400       $ (10,000)      
Beginning Balance, Shares at Dec. 31, 1997 60,022              
Net loss                (148,931)    (148,931)
Shares issued for cash, Amount 1,800    148,200 2,000          152,000
Shares issued for cash, Shares 180,000              
Ending Balance, Amount at Dec. 31, 1998 2,400    157,600 2,000    (158,931)    3,069
Ending Balance, Shares at Dec. 31, 1998 240,022              
Net loss                (511,587)    (511,587)
Foreign currency translation adjustment             (14,130)       (14,130)
Share issued for services, Amount 150    124,850             125,000
Share issued for services, Shares 15,000              
Subscription receivable, Amount 120    99,880 8,000          108,000
Subscription receivable, Shares 12,000              
Share issued for intangible assets, Amount 150    124,850             125,000
Share issued for intangible assets, Shares 15,000              
Ending Balance, Amount at Dec. 31, 1999 2,820    507,180 10,000 (14,130) (670,518)    (164,648)
Ending Balance, Shares at Dec. 31, 1999 282,022              
Net loss                (339,063)    (339,063)
Shares issued for cash, Amount 216    259,784             260,000
Shares issued for cash, Shares 21,600              
Foreign currency translation adjustment             18,885       18,885
Subscription receivable, Amount 6    9,994 (200)          9,800
Subscription receivable, Shares 600              
Shares issued for settlement of debt, Amount 45    174,955             175,000
Shares issued for settlement of debt, Shares 4,500              
Subscription received, Amount 300    499,700 (9,350)          490,650
Subscription received, Shares 30,000              
Stock option benefit       14,235             14,235
Ending Balance, Amount at Dec. 31, 2000 3,387    1,465,848 450 4,755 (1,009,581)    464,859
Ending Balance, Shares at Dec. 31, 2000 338,722              
Net loss                375,621    375,621
Shares issued for cash, Amount 3    2,247             2,250
Shares issued for cash, Shares 300              
Foreign currency translation adjustment             13,629       13,629
Subscription received, Amount          200          200
Subscription received, Shares                 
Stock option benefit       118,920             118,920
Repurchase of common stock for treasury    (270) (6,611)             (6,881)
Ending Balance, Amount at Dec. 31, 2001 3,390 (270) 1,580,404 650 18,384 (633,960)    968,598
Ending Balance, Shares at Dec. 31, 2001 339,022              
Net loss               (63,864)    (63,864)
Shares issued for cash, Amount 45    33,705             33,750
Shares issued for cash, Shares 4,500              
Foreign currency translation adjustment             (1,155)       (1,155)
Ending Balance, Amount at Dec. 31, 2002 3,435 (270) 1,614,109 650 17,229 (697,824)    937,329
Ending Balance, Shares at Dec. 31, 2002 343,522              
Net loss                (607,630)    (607,630)
Foreign currency translation adjustment             1,752       1,752
Share issued for intangible assets, Amount 600    104,400             105,000
Share issued for intangible assets, Shares 60,000              
Stock option benefit       11,800            11,800
Cancellation of agreement          (650)          (650)
Share issues for cash on exercise of options, Amount 120    11,880             12,000
Share issues for cash on exercise of options, Shares 12,000              
Share issued for consulting services, Amount 450    49,675             50,125
Share issued for consulting services, Shares 45,000              
Share issued for software, Amount 600    53,400             54,000
Share issued for software, Shares 60,000              
Ending Balance, Amount at Dec. 31, 2003 5,205 (270) 1,845,264    18,981 (1,305,454)    563,726
Ending Balance, Shares at Dec. 31, 2003 520,522              
Net loss                   (795,364) (795,364)
Foreign currency translation adjustment             (238)       (238)
Share issues for cash on exercise of options, Amount 10    990             1,000
Share issues for cash on exercise of options, Shares 1,000              
Share issued for consulting services, Amount 20    980             1,000
Share issued for consulting services, Shares 2,000              
Stock-based compensation       4,460             4,460
Share issued for debt, Amount 1,400    68,600             70,000
Share issued for debt, Shares 140,000              
Ending Balance, Amount at Dec. 31, 2004 6,635 (270) 1,920,294    18,743 (1,305,454) (795,364) (155,416)
Ending Balance, Shares at Dec. 31, 2004 663,522              
Net loss                   (54,416) (54,416)
Foreign currency translation adjustment             (702)       (702)
Share issued for consulting services, Amount 180    8,820             9,000
Share issued for consulting services, Shares 18,000              
Ending Balance, Amount at Dec. 31, 2005 6,815 (270) 1,929,114    18,041 (1,305,454) (849,780) (201,534)
Ending Balance, Shares at Dec. 31, 2005 681,522              
Net loss                   (36,575) (36,575)
Foreign currency translation adjustment             563       563
Share issued for debt, Amount 500    24,500             25,000
Share issued for debt, Shares 50,000              
Ending Balance, Amount at Dec. 31, 2006 7,315 (270) 1,953,614    18,604 (1,305,454) (886,355) (212,546)
Ending Balance, Shares at Dec. 31, 2006 731,522              
Net loss                   (170,950) (170,950)
Foreign currency translation adjustment             (13,391)       (13,391)
Discount on notes payable       20,573             20,573
Ending Balance, Amount at Dec. 31, 2007 7,315 (270) 1,974,187    5,213 (1,305,454) (1,057,305) (376,314)
Ending Balance, Shares at Dec. 31, 2007 731,522              
Net loss                   79,122 79,122
Foreign currency translation adjustment             (5,213)       (5,213)
Issuance of new shares, Amount 2,846    267,559             270,405
Issuance of new shares, Shares 284,637              
Cancellation of shares, Amount (205) 270 (65)               
Cancellation of shares, Shares (20,504)              
Services assumed by majority stockholder       32,000             32,000
Change in par value of common share from $0.01 per share to $0.001 per share (8,960)    8,960               
Ending Balance, Amount at Dec. 31, 2008 996    2,282,641       (1,305,454) (978,183)   
Ending Balance, Shares at Dec. 31, 2008 995,655              
Net loss                   (52,024) (52,024)
Stock-based compensation     24,020         24,020
Services assumed by majority stockholder       28,004             28,004
Ending Balance, Amount at Dec. 31, 2009 996    2,334,665       (1,305,454) (1,030,207)   
Ending Balance, Shares at Dec. 31, 2009 995,655              
Net loss                   (25,198) (25,198)
Services assumed by majority stockholder       25,198             25,198
Ending Balance, Amount at Dec. 31, 2010 996    2,359,863       (1,305,454) (1,055,405)   
Ending Balance, Shares at Dec. 31, 2010 995,655              
Net loss                   (3,106,230) (3,106,230)
Shares issued for expenses assumed by shareholders       51,148            51,148
Issuance 14,481,420 new shares for exchanging 566,813 shares of the common stock of China Wood (Note 2), Amount 14,481   2,252,771         2,267,252
Issuance 14,481,420 new shares for exchanging 566,813 shares of the common stock of China Wood (Note 2), Shares 14,481,420              
Issuance new shares for investment from shareholders, Amount 264   49,261         49,525
Issuance new shares for investment from shareholders, Shares 263,780              
Issuance new shares to shareholders for expenses assumed, Amount 2,813   715,417         718,230
Issuance new shares to shareholders for expenses assumed, Shares 2,812,923              
Ending Balance, Amount at Dec. 31, 2011 18,554    5,428,460       (1,305,454) (4,161,635) (20,075)
Ending Balance, Shares at Dec. 31, 2011 18,553,778              
Net loss             (219,245) (219,245)
Foreign currency translation adjustment         (50)     (50)
Issuance new shares to shareholders for expenses assumed, Amount 70   10,780         10,850
Issuance new shares to shareholders for expenses assumed, Shares 70,000              
Issuance new shares for loan collateral (Note 7), Amount 879   60,665         61,544
Issuance new shares for loan collatera (Note 7)l, Shares 879,196              
Pledged as securities for loan (879)   (60,665)         (61,544)
Ending Balance, Amount at Jun. 30, 2012 $ 18,624    $ 5,439,240    $ (50) $ (1,305,454) $ (4,380,880) $ (228,520)
Ending Balance, Shares at Jun. 30, 2012 19,502,974