Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Stockholders' Equity (Unaudited)

v2.4.0.8
Interim Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)
Common Stock
Preferred shares
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Retained Earnings
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, Shares 422,778          
Expenses assumed by stockholders, Amount 423   46,427       46,850
Issuance for loan collateral, Shares 879,196          
Issuance for loan collateral, Amount 879   (879)         
Issuance of preferred stock in exchange of the common stock, Shares (28,092) 28,092        
Issuance of preferred stock in exchange of the common stock, Amount (28) 28        
Issuance of new shares to shareholder, Shares 3,205,960          
Issuance of new shares to shareholder, Amount 3,206   155,715       158,921
Issuance of new shares to investor, Shares 1,649,665          
Issuance of new shares to investor, Amount 1,650   164,940       162,590
Ending Balance, Amount at Dec. 31, 2012 24,684 28 5,790,663 1,613 (5,897,879) (80,891)
Ending Balance, Shares at Dec. 31, 2012 24,683,285 28,092        
Net Loss         (517,914) (517,914)
Foreign currency translation adjustment       198    198
Issuance of new shares to shareholder, Shares 2,067,510          
Issuance of new shares to shareholder, Amount 2,068   266,709       268,777
Issuance of new shares for legal service, Shares 200,000          
Issuance of new shares for legal service, Amount 200   29,800       30,000
Issuance of new shares - convertible notes, Shares 159,151          
Issuance of new shares - convertible notes, Amount 159   20,531       20,690
Returned loan collateral, Shares (879,196)          
Returned loan collateral, Amount (879)   879         
Cancellation of shares due to repurchase of CNWD, Shares (7,472,093)          
Cancellation of shares due to repurchase of CNWD, Amount (7,472)   7,472         
Ending Balance, Amount at Dec. 31, 2013 18,760 28 6,116,054 1,811 (6,415,793) (279,140)
Ending Balance, Shares at Dec. 31, 2013 18,758,657 28,092        
Net Loss         (320,947) (320,947)
Foreign currency translation adjustment       52   52
Issuance of new shares - convertible notes, Shares 1,383,512          
Issuance of new shares - convertible notes, Amount 1,383   169,007     170,390
Shares to be issued, Shares 44,118          
Shares to be issued, Amount 44   14,956     15,000
Ending Balance, Amount at Jun. 30, 2014 $ 20,187 $ 28 $ 6,300,017 $ 1,863 $ (6,736,740) $ (414,645)
Ending Balance, Shares at Jun. 30, 2014 20,186,287 28,092