Interim Consolidated Statements of Stockholder's Equity (USD $)
|
Common Stock
|
Treasury Stock
|
Additional Paid-In Capital
|
Subscriptions Received
|
Comprehensive Income / Loss
|
Deficit
|
Deficit Accumulated During the Development Stage
|
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 |
|
|
|
|
|
|
(3,637,564)
|
(3,637,564)
|
Expenses assumed by stockholders |
|
|
51,148
|
|
|
|
|
51,148
|
Issuance 14,481,420 new shares for exchanging 566,813 shares of the common stock of China Wood, Amount |
14,481
|
|
5,051,357
|
|
|
|
|
5,065,838
|
Issuance 14,481,420 new shares for exchanging 566,813 shares of the common stock of China Wood, 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
|
|
8,227,046
|
|
|
(1,305,454)
|
(4,692,969)
|
2,247,177
|
Ending Balance, Shares at Dec. 31, 2011 |
18,553,778
|
|
|
|
|
|
|
|
Net loss |
|
|
|
|
|
|
(219,245)
|
(219,245)
|
Foreign currency translation adjustment |
|
|
|
|
(50)
|
|
|
(50)
|
Expenses assumed by stockholders |
|
|
|
|
|
|
|
10,850
|
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
|
|
$ 8,237,826
|
|
$ (50)
|
$ (1,305,454)
|
$ (4,912,214)
|
$ 2,038,732
|
Ending Balance, Shares at Jun. 30, 2012 |
19,502,974
|
|
|
|
|
|
|
|