Big Tree (BIGG) 10-K 14 May 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	12-May-14	Jun. 28, 2013
Document and Entity Information:	'	'	'
Entity Registrant Name	'Big Tree Group, Inc.	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Amendment Flag	'false	'	'
Entity Central Index Key	'0001097896	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Common Stock, Shares Outstanding	'	12,529,700	'
Entity Public Float	'	'	$959,536
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Current Reporting Status	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'

BIG_TREE_GROUP_INC_AND_SUBSIDI

BIG TREE GROUP INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
CURRENT ASSETS:	'	'
Cash	$220,585	$22,167
Restricted Cash	4,910	'
Accounts receivable (net allowance of $291,011 and $54,135, respectively)	9,171,976	4,554,077
Inventories	134,699	1,327,342
Other receivable	1,181,321	1,202,750
Prepaid expenses	56,754	171,629
Due from related party	292,943	'
Advance to suppliers - related parties	'	529,148
Advance to suppliers	113,792	574,219
Total Current Assets	11,176,980	8,381,332
Security deposit - related party	58,916	57,133
Property and equipment, net	131,198	201,757
Intangible assets, net	7,751	10,592
Total Assets	11,374,845	8,650,814
CURRENT LIABILITIES:	'	'
Accounts payable and accrued expenses	3,286,443	2,003,390
Loans payable	4,303,659	3,650,156
Convertible loans payable	205,716	'
Derivative liability	182,096	'
Advance from customers	124,851	142,125
Salaries payable	426,186	238,239
Other payable	569,995	300,525
Tax payable	1,133,075	865,552
Due to related party	444,749	'
Total Current Liabilities	10,676,770	7,199,987
Loans payable- related party - long term	'	61,711
Total Liabilities	10,676,770	7,261,698
SHAREHOLDERS' EQUITY:	'	'
Common stock ($0.00001 par value, 100,000,000 shares authorized; 10,350,192 and 10,200,179 shares outstanding at December 31, 2013 and December 31, 2012, respectively.)	104	102
Additional paid-in capital	302,399	207,900
Retained earnings	1,964,561	1,454,487
Accumulated Other comprehensive income (loss)	61,591	-11,403
Advances due from related party	-1,630,580	-261,970
Total Shareholders' Equity	698,075	1,389,116
Total Liabilities and Shareholders' Equity	$11,374,845	$8,650,814

BIG_TREE_GROUP_INC_AND_SUBSIDI1

BIG TREE GROUP INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Statement	'	'
Revenues	$39,727,002	$33,888,635
Cost of sales	35,513,691	30,361,609
Gross profit	4,213,311	3,527,026
Operating expenses:	'	'
Selling	744,570	655,458
Rent-related party	244,245	11,422
General and administrative	1,621,637	1,278,697
Total operating expenses	2,610,452	1,945,577
Operating income	1,602,859	1,581,449
Other income (expenses):	'	'
Other income (expenses)	-116,867	-290,254
Realized (loss) gain from foreign currency exchange	-179,069	1,990
Gain from change in fair value of derivative liability	43,265	'
Interest (expense) income, net	-501,762	-30,677
Total other expenses	-754,433	-318,941
Income before income taxes	848,426	1,262,508
Income taxes	-338,352	-435,912
Net income	510,074	826,596
Foreign currency translation loss	72,994	1,255
Comprehensive income	$583,068	$827,851
Basic	$0.05	$0.08
Diluted	$0.05	$0.08
Basic	10,348,956	10,060,288
Diluted	11,153,187	10,060,288

BIG_TREE_GROUP_INC_AND_SUBSIDI2

BIG TREE GROUP INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Total	Series B Convertible Preferred Stock	Series C Convertible Preferred Stock	Common Stock	Additional Paid-in Capital	Due from related party	Retained Earning (Accumulated deficit)	Accumulated Other Comprehensive Income (loss)	Total shareholders' equity
Balance at Dec. 31, 2011	'	'	'	$1	'	'	$627,891	($12,658)	$615,234
Shares Outstanding at Dec. 31, 2011	'	3,362,749	6,500,000	137,430	'	'	'	'	137,430
Common stock issued for services	'	'	'	2	207,999	'	'	'	208,001
Conversion of Series B and C preferred stock	'	-3,362,749	-6,500,000	99	-99	'	'	'	'
Working capital advances made to related party, net	'	'	'	'	'	-261,970	'	'	-261,970
Comprehensive income:	'	'	'	'	'	'	'	'	'
Net income(loss)	826,596	'	'	'	'	'	826,596	'	826,596
Other Comprehensive income (loss), net of tax:	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustment	'	'	'	'	'	'	'	1,255	1,255
Balance at Dec. 31, 2012	'	'	'	102	207,900	-261,970	1,454,487	-11,403	1,389,116
Paid in Capital at Dec. 31, 2012	207,900	'	'	'	'	'	'	'	'
Shares Outstanding at Dec. 31, 2012	'	'	'	10,200,179	'	'	'	'	10,200,179
Common stock issued for services	'	'	'	2	94,499	'	'	'	94,501
Working capital advances made to related party, net	'	'	'	'	'	-1,368,610	'	'	-1,368,610
Comprehensive income:	'	'	'	'	'	'	'	'	'
Net income(loss)	510,074	'	'	'	'	'	510,074	'	510,074
Other Comprehensive income (loss), net of tax:	'	'	'	'	'	'	'	'	'
Foreign currency translation adjustment	'	'	'	'	'	'	'	72,994	72,994
Balance at Dec. 31, 2013	'	'	'	104	302,399	-1,630,580	1,964,561	61,591	698,075
Paid in Capital at Dec. 31, 2013	$302,399	'	'	'	'	'	'	'	'
Shares Outstanding at Dec. 31, 2013	'	'	'	10,350,192	'	'	'	'	10,350,192

BIG_TREE_GROUP_INC_AND_SUBSIDI3

BIG TREE GROUP INC. AND SUBSIDIARIES STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net income(loss)	$510,074	$826,596
Adjustments to reconcile net income(loss) to net cash provided by operating activities:	'	'
Depreciation and amortization	79,566	61,852
Interest expense	225,361	'
Gain from change in fair market value of derivative liabilities	-43,265	'
Stock-based compensation	94,501	208,000
Bad debt expense	232,144	27,331
Loss on disposal of property and equipment	3,313	'
Changes in current assets and liabilities:	'	'
Accounts receivable	-4,650,001	-1,569,192
Advance to suppliers	472,158	-529,223
Advance to suppliers-related parties	538,602	-461,841
Prepaid expenses and other current assets	176,855	-1,068,677
Inventories	1,218,101	-1,326,153
Security deposit-related party	'	-57,112
Restricted cash	-4,846	'
Accounts payable and accrued expenses	1,296,343	1,065,522
Other payables	259,443	284,161
Salaries payable	178,176	163,746
Taxes payable	237,397	466,230
Advance from customers	-21,428	-806,983
NET CASH PROVIDED BY(USED IN) OPERATING ACTIVITIES	802,494	-2,715,743
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Proceeds from sale of property and equipment	5,654	'
Purchase of property and equipment	-9,079	-127,626
NET CASH USED IN INVESTING ACTIVITIES	-3,425	-127,626
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from related party advances	2,118,305	8,224,466
Repayment of related parties advances	-1,663,894	-8,765,539
Payments of obligation due to related parties for acquisition of BT Shantou	'	-290,692
Working capital advance paid to related party, net	-1,342,831	'
Advances to related party	-289,153	-261,875
Proceeds from convertible loans payable	102,500	'
Proceeds from loans payable	471,690	3,710,536
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	-603,383	2,616,896
EFFECT OF EXCHANGE RATE ON CASH	2,732	1,920
NET INCREASE (DECREASE) IN CASH	198,418	-224,553
CASH	22,167	246,720
CASH	220,585	22,167
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:	'	'
Cash paid for taxes	72,269	12,424
Cash paid for interest	268,481	30,083
NON-CASH INVESTING AND FINANCING ACTIVITIES:	'	'
Accounts payable reclassified to convertible debt	87,800	'
Other payable reclassified to convertible debt	15,416	'
Amount due from related party offset pursuant to offset agreement with another related party	'	$523,917

Note_1_Organization_and_Operat

Note 1 - Organization and Operations	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 1 - Organization and Operations	'
	NOTE 1 – ORGANIZATION AND OPERATIONS
	The Company
	Big Tree Group, Inc. (formerly Transax International Limited) (“we”, “us”, “our,” or the "Company") was incorporated in the State of Colorado in 1987. Effective December 11, 2012, we changed our name to Big Tree Group, Inc. Prior to December 2011, the Company, through its subsidiary, Medlink Conectividade em Saude Ltda (“MedlinkConectividade”) was an international provider of information network solutions specifically designed for healthcare providers and health insurance companies. On April 4, 2011, pursuant to a Quota Purchase and Sale Agreement amongst Transax Limited, QC Holding I Participacoes S.A., a corporation organized under the laws of Brazil (“QC Holding”), and MedlinkConectividade, the Company sold 100% of its interest in MedlinkConectividade to QC Holding. From April 4, 2011 until December 30, 2011, we had nominal assets, no revenues and limited operations consisting of financial reporting, general administration, and seeking new business opportunities with a merger candidate.
	On December 30, 2011, the Company entered into a Share Exchange Agreement (the “Share Exchange Agreement") with Big Tree International Co., Ltd., a Brunei company (“BT Brunei”) and its shareholder, Lins (HK) International Trading Limited (“BT Hong Kong”). Under the Share Exchange Agreement, we exchanged 6,500,000 shares of our Series C Convertible Preferred Stock (the "Series C Preferred Stock") to acquire 100% of the issued and outstanding shares of BT Brunei from its sole shareholder BT Hong Kong. Each share of the Series C Preferred Stock was convertible into one share of our common stock after giving effect to a pending 1 for 700 reverse stock split (the “Reverse Stock Split”) and represented approximately 65% of the issued and outstanding shares of our common stock, and is hereinafter referred to as the “Exchange”. On December 30, 2011, BT Hong Kong became a shareholder of the Company. The Share Exchange Agreement was approved by our Board of Directors on December 30, 2011 and no approval of our shareholders was necessary under Colorado law. The transaction was accounted for as a reverse merger and recapitalization of BT Brunei whereby BT Brunei is considered the acquirer for accounting purposes and the 6,500,000 shares of our Series C Preferred Stock were accounted for as paid in capital of our company. As a result of the consummation of the Share Exchange, BT Brunei and its subsidiary, Shantou Big Tree Toys Co., Ltd., a Chinese company (“BT Shantou”), are now our wholly-owned subsidiaries.  Accordingly, the historical financial statements are those of BT Brunei and BT Shantou upon the consummation of the Share Exchange transaction on December 30, 2011. Management of BT Brunei and BT Shantou has assumed operational, management and governance control immediately following the reverse merger transaction.
	After the acquisition of BT Brunei, we are in the business of toys sourcing, distribution and contractual manufacturing targeting international and domestic distributors and customers in the toys industry. Our main business focus is to function as a “one stop shop” for the sourcing, distribution and specialty manufacturing of toys and related products.  The Company conducts these operations through both BT Brunei and our BT Shantou subsidiaries. We are located in Shantou City of Guangdong province, the geographical region well-known for toys manufacturing and exporting in China. We are not a manufacturer. We provide procurement services for international toy distributors and wholesalers, including identifying, evaluating, and engaging one or more local manufacturers, trading companies or distributors for the requested supply of toys, as well as original equipment manufacturing (“OEM”) services. The OEM services include engaging toy manufacturers directly or through other toy trading companies or distributors to either manufacture toys to specific specifications requested by our customers, or customize an existing toy product to meet our customer’s request such as through changes in mechanical functionality, appearance, physical dimension, and materials. We sources a wide variety of toys made of plastic, wood, metal, wool, and electronic materials, primarily targeting children from infants to teenagers. We enable our customers to view these toys either through our website or at our extensive toy showrooms located in Shantou, China. Customers can easily contact our online representatives for inquiry and place orders, or visit the toy showrooms and choose from the displayed toy samples provided by our manufacturing partners.
	In 2009, BT Shantou developed a proprietary construction toy consisting of plastic pieces that can plug-in together to make a wide variety of objects, and which we refer to as the Big Tree Magic Puzzle (3D).   We registered the patents for its utility model and appearance design in Hong Kong and mainland China during 2010 and 2011. On June 1, 2010, BT Shantou entered into a 10-year contract manufacturing agreement with a toy manufacturer Shantou Xinzhongyang Toy Industrial Co., Ltd.  (“Xinzhongyang”), a related party, to produce this proprietary toy under the name of Big Tree Educational Magic Puzzle (the “Big Tree Magic Puzzle”).
	Basis of presentation
	The accompanying consolidated financial statements and related notes were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying consolidated financial statements as of and for the years ended December 31, 2013 and 2012, reflect the  consolidated financial position and result of operations of the Company and its wholly-owned subsidiaries, BT Brunei and BT Shantou. All significant intercompany accounts and transactions have been eliminated in consolidation.

Note_2_Summary_of_Significant_

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 2 - Summary of Significant Accounting Policies	'
	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Foreign Currency Translation
	The reporting currency of the Company is the U.S. dollar. Our functional currency is the Chinese Renminbi (“RMB”).  In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Section 830-20-35, the consolidated financial statements were translated into United States dollars using balance sheet date rates of exchange for assets and liabilities, and average rates of exchange for the period for the statement of operations.  Net gains and losses resulting from foreign exchange transactions were included in the consolidated statements of operations and comprehensive income.  Translation adjustments resulting from the process of translating the local currency financial statements into U.S. dollars are included in other comprehensive income or loss within shareholders’ equity.
	RMB is not a fully convertible currency. All foreign exchange transactions involving RMB must take place either through the People’s Bank of China (the “PBOC”) or other institutions authorized to buy and sell foreign exchange. The exchange rate adopted for the foreign exchange transactions are the rates of exchange quoted by the PBOC, which are determined largely by supply and demand. Translation of amounts from RMB into United States dollars (“$”) was made at the following exchange rates for the respective periods:
	December 31, 2013:
	Balance sheet	RMB 6.1104 to $1.00
	Statement of operations and comprehensive income	RMB 6.1905 to $1.00
	December 31, 2012:
	Balance sheet	RMB 6.3011 to $1.00
	Statement of operations and comprehensive income	RMB 6.3034 to $1.00
	Cash flows from the Company's operations are calculated based upon the local currencies using the average translation rate. As a result, amounts related to assets and liabilities reported on the statement of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets.
	Use of estimates
	The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.  Significant estimates for the years ended December 31, 2013 and 2012 include the allowance for doubtful accounts on accounts receivable, allowance for obsolete inventory, the useful life of property and equipment and intangible assets, the valuation of derivative liability, and the valuation of stock-based compensation.
	Fair value of financial instruments
	We adopted the guidance of ASC 820 for fair value measurements which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows:
	Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.
	Level 2-Inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data.
	Level 3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information.
	The carrying amounts reported in the balance sheets for cash, accounts receivable, other receivables, prepaid expenses, advances to suppliers, accounts payable and accrued expenses, loans payable, advances to customers, and other payables approximate their fair market value based on the short-term maturity of these instruments.
	ASC 825-10 “Financial Instruments”, allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. We did not elect to apply the fair value option to any outstanding instruments.
	The following table reflects changes for the year ended December 31, 2013 for all financial assets and liabilities categorized as Level 3 as of December 31, 2013.
	Liabilities:
	Balance of derivative liabilities as of January 1, 2013	$                  0
	Initial fair value of derivative liabilities attributable to conversion feature	225,361
	Gain from change in the fair value of derivative liabilities	(43,265)
	Balance of derivative liabilities as of December 31, 2013	$     182,096
	Reclassifications
	Certain reclassifications have been made in prior year’s financial statements to conform with the current year’s financial presentation.
	Cash and equivalents
	For purposes of the consolidated statements of cash flows, we consider all highly liquid instruments purchased with a maturity of three months or less and money market accounts to be cash equivalents. We maintain cash and cash equivalents with various financial institutions mainly in the PRC and Hong Kong. Balances in banks in the PRC and Hong Kong are uninsured.
	Accounts receivable
	Accounts receivable are recorded at the invoiced amount, net of an allowance for doubtful accounts. The allowance for doubtful accounts reflects our best estimate of the amount of probable credit losses in our existing accounts receivable. We determined the allowance based on historical write-off experience, customer specific facts and economic conditions. Bad debt expense is included in general and administrative expense, if any. Outstanding account balances are reviewed individually for collectability. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. For the years ended December 31, 2013 and 2012, the allowance for doubtful accounts totaled $291,011 and $54,135, respectively.
	Inventories
	We value inventories, consisting of finished goods only, at the lower of cost or market value. Cost is determined on the first in-first out method. We regularly review our inventories on hand and, when necessary, record a provision for excess or obsolete inventories if inventory costs exceed expected market value due to obsolescence or quantities in excess of expected demand. For the years ended December 31, 2013 and 2012, there were no charges for inventory reserve provision.
	Prepaid expenses
	Prepaid expenses primarily consist of prepaid advertising expenses and prepaid consulting fee.
	Advance to suppliers (related and non-related parties)
	Advance to suppliers (related and non-related parties) consists of advance to suppliers for merchandise that had not yet been shipped.
	Property and equipment
	Property and equipment are recorded at cost.  Expenditures for major additions and betterments are capitalized. Maintenance and repairs are expensed as incurred.  Depreciation of property and equipment is computed by the straight-line method (after taking into account their respective estimated residual values) over the assets estimated useful lives.  Upon sale or retirement of property, plant and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in operations. Leasehold improvements, if any, are amortized on a straight-line basis over the lease period or the estimated useful life, whichever is shorter.  Upon becoming fully amortized, the related cost and accumulated amortization are removed from the accounts.
	Impairment of long-lived assets
	In accordance with ASC 360, our long-lived assets, which include property and equipment and automobiles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  We assess the recoverability of our long-lived assets by comparing the projected undiscounted net cash flows associated with the related long-lived asset or group of long-lived assets over their remaining estimated useful lives against their respective carrying amounts.  Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets.  Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. If long-lived assets are determined to be recoverable, but the newly determined remaining estimated useful lives are shorter than originally estimated, the net book values of the long-lived assets are depreciated over the newly determined remaining estimated useful lives. We determined there were no impairments of long-lived assets as of December 31, 2013 and 2012.
	Advance from customers
	Advance from customers represent prepayments to us for merchandise that had not yet been shipped to customers.
	Revenue recognition
	We follow the guidance of ASC 605, "Revenue Recognition,” and the Securities and Exchange Commission's Staff Accounting Bulletin (“SAB”) No. 104 and SAB Topic 13 for revenue recognition. In general, we record revenue when persuasive evidence of an arrangement exists, services have been rendered or product delivery has occurred, the sales price to the customer is fixed or determinable, and collectability is reasonably assured.
	Revenues for our product sales are recognized when all four of the following criteria are met: (i) persuasive evidence of an arrangement exists through a formal purchase order or contract; (ii) delivery of the products has occurred and risks and rewards of ownership have passed to the customer; (iii) the selling price is both fixed and determinable based on agreement between us and our customer; and (iv) collectability is reasonably assured. For any advance payments from customers, revenues are deferred until such a time when all the four criteria mentioned above are fully met.
	Revenue is accounted for in accordance with the ASC 605-45, reporting revenue either on a gross basis as a principal or net basis as an agent depending upon the nature of the sales transaction. Revenue is recognized on a gross basis when the Company determines the sale meets the conditions of ASC 605-45, “Reporting Revenue Gross as a Principal versus Net as an Agent.” When the Company does not meet the criteria for gross revenue recognition under ASC 605-45, the Company reports the revenue on a net basis.
	In accordance with ASC 605-45-45, “Principal Considerations - Other Presentation Matters”, we report our revenues from sales of toys as follows:
	Revenue Recognition (1)
	2013
				2012
	Allocation of Revenues
		Gross Method
			Net Method	Total	Gross Method	Net Method	Total
	Revenues, excluding  sales reported on net basis	$39,546,250	$                 0	$  39,546,250	$  33,308,254	$                 0	$  33,308,254
	Net Revenues from sales reported on net basis	0	180,752	180,752	0	580,381	580,381
	Total Revenues	$39,546,250	$     180,752	$  39,727,002	$  33,308,254	$     580,381	$   33,888,635
	(1)           Certain revenues from our sales are based on a net reporting because they do not meet the criteria for gross reporting method pursuant to ASC 605-45-45.  This means that all cost of purchases from those sales will be netted with the sales revenues generated by the sale of those toys. All other revenues from sales are based on gross reporting pursuant to criteria outlined in ASC 605-45-45, as follows:
	-               we are the primary obligor to provide the product or services desired by our customers;
	-               we have discretion in supplier selection.
	-               we have latitude in establishing price;
	-               we have credit risk – see Note 13 for customer concentrations and credit risk; and
-               we have inventory risk before customer order and upon customer return;
Income taxes
We account for income taxes under ASC 740, “Expenses – Income Taxes”. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carry forwards. ASC 740 additionally requires the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets.
The Company is governed by the U.S. Internal Revenue Code of 1986, as amended.
All of BT Shantou operations are in the PRC and are subject to China’s Unified Corporate Income Tax Law (the “EIT Law”) which became effective in January 2008. The EIT Law established a single unified 25% income tax rate for most companies, including BT Shantou in China.
Big Tree International Co., Ltd. (“BT Brunei”) was incorporated in the State of Brunei Darussalam, and may be subject to China income taxes pursuant to EIT Law as a non-resident company.
We applied the provisions of ASC 740-10-50, “Accounting for Uncertainty in Income Taxes”, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company’s liability for income taxes. Any such adjustment could be material to the Company’s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of December 31, 2013, we accrued China income taxes on taxable income generated by BT Brunei as a non-resident China company. We have not paid such taxes and we are reviewing our corporate tax structure and plan on restructuring our tax structure to ensure that BT Brunei is not subject to such taxes in China. There is no assurance that we can reach such a conclusion and we may be required to pay such income taxes. We had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future. (See Note 16)
Value added taxes
Pursuant to the Provisional Regulation of China on Value Added Tax (“VAT”) and their rules, all entities and individuals that are engaged in the sale of goods in China are generally required to pay VAT at a rate of 17.0% of the gross sales proceeds received, less any deductible VAT already paid or borne by the taxpayer. Further, when exporting goods, the exporter is entitled to a portion of or a full refund of the VAT that it has already paid or borne.
Shipping costs
Shipping costs are included in selling expenses and totaled $175,869 and $74,195 for the years ended December 31, 2013 and 2012, respectively.
Advertising
Advertising is expensed as incurred and is included in selling expenses on the accompanying consolidated statements of operations and comprehensive income. For the years ended December 31, 2013 and 2012, advertising expense amounted to $98,211 and $147,542, respectively.
Comprehensive income (loss)
Comprehensive income (loss) consists of net income and foreign currency translation adjustments, and is presented in our Consolidated Statements of Operations and Comprehensive Income (Loss).
Reverse stock split and conversion of preferred shares
We effected a one-for-700 reverse stock split on December 11, 2012. All share and per share information has been retroactively adjusted to reflect this reverse stock split. Additionally, upon the effectiveness of the reverse stock split, all outstanding convertible series B and C shares were automatically converted into common shares.
Net income per share of common stock
Basic net income per common share is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted net income per common share is computed by dividing net income by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. In 2012, both basic and diluted weighted-average number of common shares included the 3,362,749 shares of Series B convertible preferred shares issued in connection with the pre-merger transactions and the 6,500,000 shares of Series C convertible preferred shares issued in connection with the Shares Exchange Transaction as if the common shares are issued at the issuance date in connection with the pre-merger transactions and are issued at the earliest period presented or retroactively restated as a result of recapitalization since these convertible preferred shares have automatic conversion feature and were converted in December 2012.  As of December 31, 2013 and 2012, we did not have any common stock equivalents and potentially dilutive common shares other than the Series B and C convertible preferred shares which have been included in the basic earnings per share computation. Potentially dilutive common shares consist of common stock issuable upon conversion of outstanding convertible debt (using the as-if converted method).  The following table presents a reconciliation of basic and diluted net income per common share:
	Years Ended December 31,
	2013
		2012
		(As Restated)
Net income available to common shareholders for basic and diluted net income per common share	$         510,074	$            826,596
Weighted average common shares outstanding – basic	10,348,956	10,060,288
Effect of dilutive securities:
Convertible debt	804,231	0
Weighted average common shares outstanding– diluted	11,153,187	10,060,288
Net income per common share  - basic	$                0.05	$                   0.08
Net income per common share  - diluted	$                0.05	$                   0.08
Recently issued accounting pronouncements
In July 2013, the FASB issued Accounting Standards Update “(ASU”) 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists" ("ASU 2013-11"). The provisions of the rule require an unrecognized tax benefit to be presented as a reduction to a deferred tax asset in the financial statements for an NOL carryforward, a similar tax loss, or a tax credit carryforward except in circumstances when the carryforward or tax loss is not available at the reporting date under the tax laws of the applicable jurisdiction to settle any additional income taxes or the tax law does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purposes. When those circumstances exist, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The new financial statement presentation provisions relating to this update are prospective and effective for interim and annual periods beginning after December 15, 2013, with early adoption permitted. The Company does not anticipate a material impact to the consolidated financial statements related to this guidance.
A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, we have not determined whether implementation of such proposed standards would be material to our consolidated financial statements.

Note_3_Other_Receivable

Note 3 - Other Receivable	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 3 - Other Receivable	'
	NOTE 3 – OTHER RECEIVABLES
	Other receivable mainly consists of export tax refund receivable from China's State Administration of Taxation. As a measure to encourage export, the Chinese tax code provides for a tax refund based on the amount and products exported by Chinese corporate taxpayers. The statutory tax refund rate is 15% of cost of goods sold for export sales. Other receivable consist of the following:
		31-Dec-13	31-Dec-12
	Export tax refund receivable	$      1,169,702	$   1,189,971
	Others	11,619	12,779
	Total Other receivable	$      1,181,321	$   1,202,750
	In November 2013, Bank of China Co., Ltd Shantou Branch (“BOC”) and BT Shantou entered a line of credit agreement, in which BOC granted BT Shantou a line of credit of RMB 10,000,000 (approximately $1,636,554 at December 31, 2013) expiring on May 21, 2014. Under the term of this line of credit agreement, BT Shantou entered onto a pledge agreement which uses the pending export tax refund receivable and related export tax return as security for the line of credit (See Note 7).

Note_4_Property_and_Equipment

Note 4 - Property and Equipment	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 4 - Property and Equipment	'
	NOTE 4 – PROPERTY AND EQUIPMENT
	Property and equipment consisted of the following:
	(Estimated Life)	31-Dec-13	31-Dec-12
	Office equipment (5 Years)	$        38,305	$        34,639
	Vehicles (5 Years)	52,370	79,920
	Machinery and  equipment (3 Years)	176,429	170,743
		267,104	285,302
	Less: accumulated depreciation	(135,906)	(83,545)
	Property and equipment, net	$      131,198	$      201,757
	Depreciation expenses amounted to $76,435 and $58,776 for the years ended December 31, 2013 and 2012, respectively.
	The Company recognize a loss from sales/disposal of $3,313 on certain property and equipment during the year ended December 31, 2013.

Note_5_Intangible_Assets

Note 5 - Intangible Assets	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 5 - Intangible Assets	'
	NOTE 5 – INTANGIBLE ASSETS
	Intangible assets represent accounting software purchased in July 2011, which is amortized on a straight line basis during its useful life of 5 years. For the years ended December 31, 2013 and 2012, amortization expenses amounted to $3,131 and $3,076, respectively.

Note_6_Advance_From_Customers

Note 6 - Advance From Customers	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 6 - Advance From Customers	'
	NOTE 6 – ADVANCE FROM CUSTOMERS
	Advance from customers represent prepayment to us for merchandise that had not been shipped to customers. Advance from customers amounted to $124,851 and $142,125 as of December 31, 2013 and 2012, respectively.

Note_7_Loan_Payable

Note 7 - Loan Payable	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 7 - Loan Payable	'
	NOTE 7 – LOANS PAYABLE
	In March and May 2012, we entered into two-year promissory note agreements for $20,000 and $41,711 with China Direct Investments, Inc., respectively, for an aggregate loan amount of $61,711. The proceeds of the loans were used for working capital purposes. The loan amounts of $20,000 and $41,711 and all accrued and unpaid interest are due no later than the earlier of on March 20, 2014 and May 9, 2014, respectively, or upon the completion of an offering of the Company’s securities to raise capital. The loans bear interest at 2% per annum. For the years ended December 31, 2013 and 2012, interest expense related to these loans amounted to $1,341 and $668, respectively. In January 2014, these notes were assigned to third parties (See Note 15 – Subsequent Events).
	On November 2, 2012, we borrowed RMB 23,000,000 ($3,764,074 and $3,650,156 at December 31, 2013 and 2012, respectively) from Guangfa Bank Co., Ltd. Shantou Zhongshan Branch. Under the terms of loan agreement, interest is payable monthly at an annual rate of 6.9% and was due on November 2, 2013. In October 2013, the loan due date was verbally extended to April 17, 2014 and the annual interest rate was increased to 7.28%, If the loan is not paid by the due date, the default annual interest rate shall be 8.97% per annum. The loan is secured by a property owned by Shantou Youbang International Express Supervision Center Co., Ltd., a company owned by Ms. Guihong Zheng, Mr. Wei Lin’s wife, and by a personal guarantee of Xinna Cai, the legal representative of BT Shantou.
	In November 2013, Bank of China Co., Ltd Shantou Branch (“BOC”) and BT Shantou entered a line of credit agreement, in which BOC granted BT Shantou a line of credit of RMB 10,000,000 (approximately $1,636,554 at December 31, 2013) expiring on May 21, 2014. Under the term of this line of credit agreement, Mr. Wei Lin the CEO of the Company and Ms. Xinna Cai, the legal representative of BT Shantou have both signed personal guarantee agreements with BOC to guarantee this debt. BT Shantou also entered onto a pledge agreement which uses the pending export tax refund receivable as security for the line of credit. On November 26, 2013, BOC provided a short term loan with the principal amount of RMB 3.4 million to BT Shantou under the line of credit. The loan term is six months with the annual interest rate of 7.28%, the due amount will be directly transfer from BT Shantou’s export tax refund receivable escrow account to BOC on the due date. Through December 31, 2013, BT Shantou has repaid RMB 2.48 million Yuan, the remaining balance is RMB 920,000 ($150,563 at December 31, 2013).
	On December 21, 2013, we borrowed RMB 2,000,000 ($327,311 at December 31, 2013) from Guangdong Huaxing Bank. The loan bears annual interest at the Chinese benchmark interest rate plus 30% of the Chinese benchmark interest rate rate (7.28% at December 31, 2013). Pursuant to the loan terms, aggregate principal and interest payments of RMB 300,000 (approximately $49,100) are due is payable monthly and on the maturity date (June 20, 2014) all remaining principal and interest is due. This is personally guaranteed by the Company’s CEO and the Company guaranteed the loan by using its intellectual property right on four patents owned by the Company. The patents are registered as number 3142578, 1657120, 1321347 and 2512437.

Note_8_Related_Party_Transacti

Note 8 - Related Party Transactions	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 8 - Related Party Transactions	'
	NOTE 8 – RELATED PARTY TRANSACTIONS
	Prepaid expense - related party
	From time to time we advance funds to related parties for business travel and expenses. On December 31, 2013 and 2012, we advanced Guihong Zheng $0 and $1,484  for business expenses, respectively, which has been included in prepaid expenses on the accompanying consolidated balance sheets.
	Advances to suppliers – related parties
	We purchase products from Universal Toys Trading (Hong Kong) Limited (“Universal Toys”) that we sell to our customers. The sole shareholder of Universal Toys is Mr. Xiaodong Ou, the brother-in-law of our Chairman and Chief Executive Officer, Mr. Wei Lin. During 2013 and 2012, we purchased $0.2 million and $2 million from Universal Toys and at December 31, 2013 and 2012, we owed Universal Toys $0 and $0, respectively.  The Company agreed to purchase various products from Universal Toys, Universal Toys fills the purchaser order in accordance with the Company’s specifications, and the Company is then obligated to pay Universal Toys upon delivery in accordance with its customary terms offered other suppliers / vendors.
	On June 1, 2010, BT Shantou entered into a 10-year contract manufacturing agreement with Xinzhongyang Toys Industrial Co. Ltd., (“Xinzhongyang”) to produce the Big Tree Magic Puzzle (3D). Mr. Lin, our Chief Executive Officer and Ms. Guihong Zheng, his wife own Xinzhongyang. During the years ended December 31, 2013 and 2012, we purchased $0.5 million and $0.9 million from Xinzhongyang, respectively.
	Advances to suppliers – related parties reflect prepayments to the above related party suppliers for purchases of toy products not yet received. As of December 31, 2013 and 2012, advances to suppliers – related parties consisted of the following:
		31-Dec-13	31-Dec-12
	Advances to supplier - Universal Toys	$                   0	$         64,943
	Advances to supplier - Xinzhongyang	0	464,205
	Total	$                   0	$       529,148
	Due from related party
	From time to time, BT Shantou receives advances from and makes advances to Xinzhongyang, for working capital purposes. At times the total payment the Company repaid to Xinzhongyang exceeds the total balance due to Xinzhongyang.  Xinzhongyang is under the common control of Mr. Lin and his wife. At December 31, 2013 and 2012, amounts due from Xinzhongyang amounted to $1,630,580 and $261,970, respectively. The Company accounted for and presented the advances due from related party as a reduction of stockholders’ equity in accordance with the guidance of ASC 505-10-45. It is possible that these working capital advances made by us to Xinzhongyang could be deemed to be in violation of Section 402 of the Sarbanes-Oxley Act of 2002, however, we have not made a determination as of the date hereof if the advances resulted in a violation of that provision. We expect that the working capital advance made by us to Xinzhongyang will be repaid. If, however, the amount is not repaid and/or it was determined that these advances violated the prohibitions of Section 402 from making loans to executive officers or directors, the Company could be subject to investigation and/or litigation that could involve significant time and costs and may not be resolved favorably.
	The Company is unable to predict the extent of its ultimate liability with respect to these transactions. The costs and other effects of any future litigation, government investigations, legal and administrative cases and proceedings, settlements, judgments and investigations, claims and changes in this matter could have a material adverse effect on the Company’s financial condition and operating results.
	For the years ended December 31, 2013 and 2012, due from related party activity for Xinzhongyang is reflect in shareholder equity and consisted of the following:
	Balance, December 31, 2011	$                     0
	Working capital advances made to Xinzhongyang	2,172,606
	Repayments made by Xinzhongyang	(1,910,636)
	Effect of foreign currency exchange	0
	Balance, December 31, 2012	261,970
	Working capital advances made to Xinzhongyang	4,149,784
	Repayments made by Xinzhongyang	(2,789,350)
	Effect of foreign currency exchange	8,176
	Balance, December 31, 2013	$     1,630,580
	Mr. Chaojun Lin is the Deputy General Manager of BT Shantou since March 2004 and a member of our Board of Directors since December 30, 2011. The balance due from Mr. Chaojun Lin as December 31, 2013 amounted to $292,943 as was reflected on the consolidated balance sheet as due from related party in current assets. It is possible that these funds advance by us to him could be deemed to be in violation of Section 402 of the Sarbanes-Oxley Act of 2002. On March 28, 2014, Mr. Lin repaid these funds to the company. (See Note-15 Subsequent Events).
	Due to related parties
	From time to time we received advances from related parties for working capital purposes. The advances bear no interest and are payable on demand.  For the years ended December 31, 2013 and 2012, due to related parties’ activities consisted of the following:
		Wei Lin	Guihong Zheng	Chaojun Lin	Xinzhongyang	Total
		-1	-2	-3	-4
	Balance, December 31, 2011	$        794,420	$        28,845	$        12,594	$                     0	$        835,859
	Working capital advances	2,197,453	0	0	6,016,436	8,213,889
	Repayments	(2,212,495)	0	(12,692)	(6,540,353)	(8,765,540)
	Payment on remaining balance on the acquisition	(261,623)	(29,069)	0	0	(290,692)
	Amount offset pursuant to offset agreement	(523,917)	0	0	523,917	0
	Effect of foreign currency exchange	6,162	224	98	0	6,484
	Balance, December 31, 2012	0	0	0	0	0
	Working capital advances	2,030,515	0	0	0	2,030,515
	Repayments	(1,585,766)	0	0	0	(1,585,766)
	Effect of foreign currency exchange	0	0	0	0	0
	Balance, December 31, 2013	$        444,749	$                  0	$                  0	$                     0	$        444,749
	(1)                           Mr. Wei Lin is our chief executive officer and Chairman of the Board.  At December 31, 2013 and 2012, balances due to Mr. Lin primarily consisted of advances for working capital and amounts due to Mr. Lin for the acquisition of BT Shantou by BT Brunei.
	(2)                           Ms. Guihong Zheng is a principal shareholder of Yunjia Fashion Clothing Co., Ltd. (“Yunjia”), an apparel company, a shareholder in Xinzhongyang, and the shareholder of Shantou Youbang International Supervise Center, Co., Ltd. Ms. Guihong Zheng is Mr. Wei Lin’s wife
	(3)                           Mr. Chaojun Lin is the Deputy General Manager of BT Shantou since March 2004 and a member of our Board of Directors since December 30, 2011. The balance due from Mr. Chaojun Lin as December 31, 2013 amounted to $292,943 as was reflected on the consolidated balance sheet as due from related party in current assets and as disclosed above under “Due from related party”. It is possible that these funds advance by us to him could be deemed to be in violation of Section 402 of the Sarbanes-Oxley Act of 2002. On March 28, 2014, Mr. Lin repaid these funds to the company. (See Note-15 Subsequent Events).
	(4)                           During 2012, Xinzhongyang advanced us funds for working capital purposes and we made repayments of such advances. During 2012, Xinzhongyang advanced us approximately $6.0 million and we repaid Xinzhongyang approximately $6.5 million. During 2012, Xinzhongyang entered into an offset agreement with Mr. Wei Lin whereby the excess amounts repaid by us to Xinzhongyang amounting to approximately $524,000 were offset against amount that we owed to Mr. Wei Lin.   At December 31, 2013 and 2012, amounts payable to Xinzhongyang amounted to $0 and $0, respectively.
	Operating lease– related parties
	BT Shantou leases its principal executive offices and our first toy showroom from Yunjia, a company owned by Mr. Lin and his wife, Guihong Zheng. During 2013 and 2012, we paid Yunjia RMB72, 000 and RMB 72,000 (approximately $11,631 and $11,430), respectively, in rent expense and is included in general and administrative expenses. The lease expires on December 31, 2021
	Effective October 1, 2012 we leased a second showroom in Shantou from Shantou Youbang International Supervise Center, Co., Ltd. (“Shantou Youbang”), a company owned by Ms. Guihong Zheng, Mr. Wei Lin’s wife, for an annual rent of RMB 1,440,000 (approximately $232,614). The lease of the showroom expires on December 31, 2017.  In connection with this lease, we paid a security deposit to Shantou Youbang of RMB 360,000 ($58,916 and $57,133 at December 31, 2013 and 2012, respectively) which is reflected as a security deposit – related party on the accompanying consolidated balance sheets. For the years ended December 31, 2013 and 2012, rent expense related to this showroom amounted to $232,614 and $0, respectively.

Note_9_Convertible_Loans_Payab

Note 9 - Convertible Loans Payable	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 9 - Convertible Loans Payable	'
	NOTE 9 – CONVERTIBLE LOANS PAYABLE
	On May 10, 2013 and May 21, 2013, the Company issued 2% convertible note agreements to China Direct Investments, Inc. (“CDI”) for principal amounts of $15,416 and $87,800, respectively, for an aggregate principal amount of $103,216 (the :"CDI Convertible Notes”). CDI is entitled, at its option, at any time after the issuance of the CDI Convertible Notes, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 80% of the lowest trading price of any day during the 10 consecutive trading days prior to the date that CDI requests conversion. Pursuant to ASB Topic 470-20-525 (Debt with conversion and other options), since the CDI Convertible Notes had fixed conversion percentages of 80% of the stock price, the Company determined it had a fixed maximum amounts that can be settled for the debt. Accordingly, the Company accrued a put premium amount aggregating $25,804 since the CDI Convertible Notes are convertible for the conversion premium and recorded interest expense of $25,804. Subsequent to December 31, 2013, on January 30, 2014, the Company, CDI and JSJ entered into an assignment agreement, in which JSJ purchased the $87,800 convertible note issued by the Company to CDI dated on May 21, 2013 and the $15,416 convertible note dated on May 10, 2013 (See Note 15 – Subsequent Events).
	On December 3, 2013, the Company issued a 12% convertible note to JSJ Investments, Inc. (“JSJ”) in the principal amount of $50,000. The principal amount is due on June 3, 2014. JSJ is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to a price which is 55% of the average of three lowest closing price in the 10 consecutive trading days prior to the day that JSJ requests conversion. The note has a cash redemption premium of 125% of the principal amount and may be prepaid at any time by the issuer. If an Event of Default occurs and is continuing for more than thirty days, the Holder of this Note may declare this entire Note, including any interest and Default Interest and other amount due, to be due and payable immediately. At December 31, 2013, principal amount due under this convertible note amounted to $50,000.
	On December 17, 2013, the Company and Iconic Holdings, LLC (“Iconic”) entered into a note purchase agreement, providing the issuance of a 10% convertible promissory note with the principal amount of $52,500. The note is due on December 17, 2014. Iconic is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the lower of $ 0.238 or 60% of the lowest trading price in the 15 consecutive trading days prior to the date that Iconic requests Conversion. If an Event of Default occurs and is continuing with respect to the Note, the Holder may declare all of the then outstanding Principal Amount of this Note, including any interest due thereon, to be due and payable immediately without further action or notice. In the event of such acceleration, the amount due and owing to the Holder shall be increased to one hundred and fifty percent (150%) of the outstanding Principal Amount of the Note held by the Holder plus all accrued and unpaid interest, fees, and liquidated damages, if any. Additionally, this Note shall bear interest on any unpaid principal from and after the occurrence and during the continuance of an Event of Default at a rate of twenty percent (20%).At December 31, 2013, principal amount due under this convertible note amounted to $52,500.
	In connection with the issuance of the JSJ and Iconic convertible notes above, the Company determined that the terms of the convertible notes include a down-round provision under which the conversion price and exercise price could be affected by future equity offerings undertaken by the Company or contain terms that are not fixed monetary amounts at inception. Accordingly, under the provisions of FASB ASC Topic No. 815-40, “Derivatives and Hedging – Contracts in an Entity’s Own Stock”, the convertible instruments were accounted for as a derivative liability at the date of issuance and adjusted to fair value through earnings at each reporting date. The Company has recognized derivative liabilities of $182,096 and $0 at December 31, 2013 and 2012, respectively. The gain resulting from the decrease in fair value of these convertible instruments was $43,265 and $0 for the years ended December 31, 2013 and 2012, respectively.
	The Company used the following range of assumptions for determining the fair value of the convertible instruments at inception and as of December 31, 2013 under the Black-Scholes option pricing model:
	Dividend rate	0
	Term (in years)	0.5 to 1.0 year
	Volatility	607
	Risk-free interest rate	0.10% – 0.13
	At December 31, 2013 and December 31, 2012, aggregate convertible loans payable amounted to $205,716.and $0, respectively.

Note_10_Other_Payable

Note 10 - Other Payable	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 10 - Other Payable	'
	NOTE 10 - OTHER PAYABLE
	On December 31, 2013, other payable of $569,995 consisted of accrued consulting fee, accrued shipping expense, accrued interest and penalties and employee benefit expense. On December 31, 2012, other payable of $300,525  consisted of accrued shipping, inspection fees, accrued interest and penalties, and employee benefit expenses.

Note_11_Stockholders_Equity

Note 11 - Stockholders' Equity	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 11 - Stockholders' Equity	'
	NOTE 11 - STOCKHOLDERS’ EQUITY
	Preferred stock
	The Company is authorized to issue 20,000,000 shares of Preferred Stock, no par value, with such designations, rights and preferences as may be determined from time to time by the Board of Directors. As of December 31, 2013 and 2012, there were no shares issued and outstanding.
	Common stock
	The Company is authorized to issue 100,000,000 shares of Common Stock; $0.00001 par value.  As of December 31, 2013 and 2012, there were 10,350,192 and 10,200,179 shares of common stock issued and outstanding, respectively.
	Common stock issued for services
	On January 3, 2013, the Company entered into a consulting agreement with Dore Perler to engage Mr. Perler to provide the Company with sales consulting and managerial services related to the Company’s operations in North America for a period terminating on January 31, 2014. The consulting agreement provides that we shall issue Pearl Group 150,000 shares of the Company’s post-reverse-split common stock. Such shares were issued on March 28, 2013. The Company valued these common shares at the fair value of $0.63 per common share based on the quoted trading price of the common stock on the grant date which is the measurement date. In connection with issuance of these common shares, the Company recorded stock-based compensation of $94,501.

Note_12_Income_Taxes

Note 12 - Income Taxes	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 12 - Income Taxes	'
	NOTE 12 – INCOME TAXES
	We account for income taxes under ASC 740, “Expenses – Income Taxes”. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carry forwards. ASC 740 additionally requires the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets.  Realization of deferred tax assets, including those related to the U.S. net operating loss carry forwards and to the temporary differences related to the deduction of stock-based compensation for income tax purposes as compared to financial statement purposes, are dependent upon future taxable income during the periods in which those temporary differences become deductible or are utilized.
	BT Shantou is governed by the Income Tax Law of the People’s Republic of China Concerning Foreign Investment Enterprise and Foreign Enterprises and local income tax laws (the “PRC Income Tax Law”). Pursuant to the PRC Income Tax Law, BT Shantou is subject to tax at a maximum statutory rate of 25% (inclusive of state and local income taxes). The income tax provision described in the table below was due to permanent differences.
	Based upon analysis of our current tax research and interpretations of China tax regulations, we have determined that BT Brunei may be considered a non-resident PRC company and may be subject to China income taxes and other payroll benefit taxes. Accordingly, we have decided to accrue China income taxes and payroll benefit taxes pursuant to China tax regulations.
	The Company has cumulative undistributed earnings from its foreign subsidiaries of approximately $4,666,000 and $3,132,000 as of December 31, 2013 and 2012, respectively, which is included in the consolidated retained earnings and will continue to be indefinitely reinvested in the Company’s PRC and Brunei operations. Accordingly, no provision has been made for any deferred taxes related to future repatriation of these earnings, nor is it practicable to estimate the amount of income taxes that would have to be provided if we concluded that such earnings will be remitted in the future.
	The components of income (loss) before income tax consist of the following:
		Years Ended December 31,
		2013	2012
			(As Restated)
	U.S. Operations	$    (504,983)	$       (465,030)
	Brunei Operations (BT Brunei)	1,065,051	1,642,882
	Chinese Operations (BT Shantou)	288,358	84,656
	Total	$      848,426	$      1,262,508
	The components of the provision (benefit) for income taxes are as follows:
		Years Ended December 31,
		2013	2012
			(As Restated)
	Federal, State and Local	$                   0	$                       0
	PRC EIT tax	338,352	435,192
	Total	$      338,352	$          435,192
	The table below summarizes the reconciliation of our income tax provision (benefit) computed at the statutory U.S. Federal rate and the actual tax provision (presented to the nearest thousand):
		Years Ended December 31,
		2013	2012
			(As Restated)
	Income tax provision at federal statutory rate	$     288,000	$         429,000
	State income taxes, net of federal benefit	39,000	58,000
	Permanent differences	70,000	84,000
	U.S. tax rate in excess of foreign tax rate	(184,000)	(235,000)
	Change in U.S. valuation allowance	125,000	99,000
	Tax provision	$     338,000	$         435,000
	We have a net operating loss (“NOL”) carry forward for U.S. income tax purposes at December 31, 2013 expiring through the year 2033. Management estimates the NOL as of December 31, 2013 to be approximately $11,738,000. The utilization of our NOL’s will be significantly limited because of a change in ownership as defined under Section 382 of Internal Revenue Code. Such change in ownership, for purposes of utilization of the Company’s NOL’s under Section 382, occurred with the Share Exchange Agreement entered into on December 30, 2011.  The NOL subject to this limitation was approximately $10,900,000.
	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Included in the deferred tax asset is the aforementioned NOL. We are not able to predict if such future taxable income will be more likely than not sufficient to utilize the benefit. As such, we do not believe the benefit is more likely than not to be realized and we recognize a full valuation allowance for those deferred tax assets. Our deferred tax asset as of December 31, 2013 and 2012 is as follows:
		December 31,
		2013	2012
	Total deferred tax asset - from NOL carry forwards	$     4,531,000	$     4,330,000
	Valuation allowance	(4,531,000)	(4,330,000)
	Deferred tax asset, net of allowance	$                     0	$                     0
	During 2013, the valuation allowance was increased by approximately $201,000 from the prior year.

Note_13_Concentrations_and_Cre

Note 13 - Concentrations and Credit Risk	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 13 - Concentrations and Credit Risk	'
	NOTE 13 – CONCENTRATIONS AND CREDIT RISK
	(i)    Customer Concentrations
	Customer concentrations for the years ended December 31, 2013 and 2012 are as follows:
		Net Sales		Accounts Receivable
		For the years ended December 31,		As of December 31,
		2013	2012	2013	2012
	Always Trading International Limited	35.7%	27.5%	30.5%	56.4%
	Poundland Far East Ltd	9.1%	8.1%	5.9%	0%
	Total	44.80%	35.60%	36.40%	56.40%
	A reduction in sales from or loss of such customers would have a material adverse effect on our results of operations and financial condition.
	(ii)  Vendor Concentrations
	Vendor purchase concentrations for December 31, 2013 and 2012 are as follows:
		Net Purchases		Accounts Payable
		For the years ended December 31,		As of December 31,
		2013	2012	2013	2012
	Jiada Toys	7.3%	8.5%	11.0%	35.1%
	Guangdong Chenghai Xiongcheng Plastic Toys	3.8%	0%	18.3%	19.8%
	Changtai Toys (Prosperous Toys)	42.4%	41.8%	28.9%	0%
	Yintai International (Win Tide)	28.5%	26.7%	6.3%	0%
	Total	82.0%	77.0%	64.5%	54.9%
	(iii)  Credit Risk
	The Company's operations are carried out in the PRC. Accordingly, the Company's business, financial condition and results of operations may be influenced by the political, economic and legal environment in the PRC, and by the general state of the PRC's economy. The Company's operations in the PRC are subject to specific considerations and significant risks not typically associated with companies in North America. The Company's results may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.
	Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash and trade accounts receivable. Substantially all of the Company’s cash is maintained with state-owned banks within the PRC, the currency of which is not free trading, and no deposits are covered by insurance. Foreign exchange transactions are required to be conducted through institutions authorized by the Chinese government and there is no guarantee that Chinese currency can be converted to U.S. or other currencies. We have not experienced any losses in such accounts and believe we are not exposed to any risks on its cash in bank accounts.
	At December 31, 2013 and 2012, the Company’s cash balances by geographic area were as follows:
	Country:	31-Dec-13		31-Dec-12
	PRC	$       211,352	95.8%	$         11,001	49.6%
	United States	3,852	1.8%	379	1.7%
	Hong Kong	5,381	2.4%	10,787	48.7%
	Total cash and cash equivalents	$       220,585	100.0%	$         22,167	100.0%
	(iv) Foreign currency risk
	We cannot guarantee that the current exchange rate will not fluctuate. There is always the possibility that we could post the same amount of profit for two comparable periods, and because of a fluctuating exchange rate actually post higher or lower profit depending on exchange rate of RMB and Hong Kong dollar converted to U.S. dollars on that date. The exchange rate could fluctuate depending on changes in the political and economic environments without notice.

Note_14_Commitments_and_Contin

Note 14 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 14 - Commitments and Contingencies	'
	NOTE 14 – COMMITMENTS AND CONTINGENCIES
	Effective on December 18, 2011 we have operated two mini showrooms with 570 and 600 square feet respectively located in the terminals for domestic flights and international flights in Jieyang Chaoshan International Airport. The vendor permits and leases associated with the showrooms obtained from Shantou Airport Company of Guangdong Airport Management Corporation (“GAMC”) will expire on February 17, 2015. During the term, we are obliged to pay for two mini showrooms with a combined monthly fee of RMB15,929 (approximately $2,573 as if December 31, 2013) to Shantou Airport Company, including vendor permit fee of RMB8,299 (approximately $1,341 as if December 31, 2013) rent of RMB6,540 (approximately $1,056 at December 31, 2013), and administration fee of RMB1,090 (approximately $176 as if December 31, 2013).
	See Note 8 – Related Party Transactions for the detail terms on the related party operating leases of our principal executive offices and the two showroom facilities.
	Future minimum rental payments required under third party and related parties operating leases are as follows:
		Third Party	Related Parties	Total
	Years Ending December 31:		(See Note 8)
	2014	$         12,677	$       244,245	$       256,922
	2015	2,113	244,245	246,358
	2016	$   1,051,906	244,245	244,245
	2017	0	244,245	244,245
	2018	0	11,631	11,631
	Thereafter	0	34,893	34,892
	Total	$         14,790	$   1,023,503	1,038,293
	Litigation
	From time to time we may be a defendant and plaintiff in various other legal proceedings arising in the normal course of our business.  As of the date of this Annual Report, our management is not aware of any proceedings to which any of our directors, officers, or affiliates, or any associate of any such director, officer, affiliate, or security holder is a party adverse to our company or has a material interest adverse to us.

Note_15_Subsequent_Events

Note 15 - Subsequent Events	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 15 - Subsequent Events	'
	NOTE 15 – SUBSEQUENT EVENTS
	On January 6, 2014, the Company, CDI and GEL Properties, LLC (“GEL”) entered into a debt purchase agreement, in which GEL purchased the assigned portion $5,000 under the $ 41,711 convertible note issued by the Company to CDI dated on May 2012 as well as a $20,000 convertible note dated in March 2012. The Company issued a 12% replacement convertible note to GEL with the principal amount of $25,000, which is due on September 30, 2014. GEL is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 60% of the lowest closing price in the 5 consecutive trading days prior to the date that GEL requests conversion. During the first six months this Note is in effect, the Company may redeem this Note by paying to GEL an amount as follows: (i) if the redemption is within the first 60 days this Note is in effect, then for an amount equal to 130% of the unpaid principal amount of this Note along with any prepaid and earned interest, (ii) if the redemption is after the 61st day this Note is in effect but less than the 120th day this Note is in effect, then for an amount equal to 140% of the unpaid principal amount of this Note along with any prepaid and earned interest, (iii) if the redemption is after the 121st day this Note is in effect but less than the 180th day this Note is in effect, then for an amount equal to 150% of the unpaid principal amount of this Note along with any prepaid and earned interest. This Note may not be redeemed after 180 days. Upon an Event of Default, interest shall be accrued at a default interest rate of 24% per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law; GEL may consider this Note immediately due and payable. In January and February 2014, GEL has fully converted this note into 230,678 shares of the Company’s common stock at an average price of $0.13 per share.
	On January 6, 2014, the Company issued a 12% convertible note to GEL, with the principal amount of $25,000, which is due on September 30, 2014. GEL is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 60% of the lowest closing price in the 5 consecutive trading days prior to the date that GEL requests Conversion. During the first six months this Note is in effect, the Company may redeem this Note by paying to the Holder an amount as follows: (i) if the redemption is within the first 60 days this Note is in effect, then for an amount equal to 130% of the unpaid principal amount of this Note along with any prepaid and earned interest, (ii) if the redemption is after the 61st day this Note is in effect but less than the 120th day this Note is in effect, then for an amount equal to 140% of the unpaid principal amount of this Note along with any prepaid and earned interest, (iii) if the redemption is after the 121st day this Note is in effect but less than the 180th day this Note is in effect, then for an amount equal to 150% of the unpaid principal amount of this Note along with any prepaid and earned interest. This Note may not be redeemed after 180 days. Upon an Event of Default, interest shall be accrued at a default interest rate of 24% per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law; GEL may consider this Note immediately due and payable.
	On January 6, 2014, the Company issued a 12% convertible note to LG, with the principal amount of $50,000, which is due on September 30, 2014. LG is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 50% of the average of two lowest closing price in the 10 consecutive trading days prior to the date that LG requests Conversion. During the first six months this Note is in effect, the Company may redeem this Note by paying to the Holder an amount as follows:  (i) if the redemption is within the first 60 days this Note is in effect, then for an amount equal to 130% of the unpaid principal amount of this Note along with any prepaid and earned interest, (ii) if the redemption is after the  61st day this Note is in effect but less than the 120th day this Note is in effect, then for an amount equal to 140% of the unpaid principal amount of this Note along with any prepaid and earned interest, (iii) if the redemption is after the  121st day this Note is in effect but less than the 180th day this Note is in effect, then for an amount equal to 150% of the unpaid principal amount of this Note along with any prepaid and earned interest.  This Note may not be redeemed after 180 days. Upon an Event of Default, interest shall be accrued at a default interest rate of 24% per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law; LG may consider this Note immediately due and payable. None of this note has been converted as of the date of this report.
	On January 7, 2014, the Company, CDI and LG Capital Funding, LLC (“LG”) entered into a debt purchase agreement, in which LG purchased the assigned portion of $ 36,711 under the $ 41,711 convertible note issued by the Company to CDI dated in May 2012. The Company issued a 12% replacement convertible note to LG with the principal amount of $36,711, which is due on September 30, 2014. LG is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 50% of the average of two lowest closing price in the 10 consecutive trading days prior to the date that LG requests Conversion. During the first six months this Note is in effect, the Company may redeem this Note by paying to the Holder an amount as follows: (i) if the redemption is within the first 60 days this Note is in effect, then for an amount equal to 130% of the unpaid principal amount of this Note along with any prepaid and earned interest, (ii) if the redemption is after the 61st day this Note is in effect but less than the 120th day this Note is in effect, then for an amount equal to 140% of the unpaid principal amount of this Note along with any prepaid and earned interest, (iii) if the redemption is after the  121st day this Note is in effect but less than the 180th day this Note is in effect, then for an amount equal to 150% of the unpaid principal amount of this Note along with any prepaid and earned interest. This Note may not be redeemed after 180 days. Upon an Event of Default, interest shall be accrued at a default interest rate of 24% per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law; LG may consider this Note immediately due and payable. During January 2014, LG has fully converted this note into 376,426 shares of the Company’s common stock at $0.10 per share.
	On January 30, 2014, the Company, CDI and JSJ entered into an assignment agreement, in which JSJ purchased the $87,800 convertible note issued by the Company to CDI on May 21, 2013 and the $15,416 convertible note dated on May 10, 2013 (See Note 15 – Subsequent Events). The Company issued a 12% replacement convertible note to JSJ with the principal amount of $103,216, which is due on January 30, 2015. JSJ is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 45% of the average of three lowest biding price in the 20 consecutive trading days prior to the date that JSJ requests Conversion. This note has a cash redemption premium of 150% of the principal amount only upon approval and acceptance by JSJ, Any amount of principal on this Note which is not paid when due shall bear twelve percent (12%) interest per annum from the date thereof until the same is paid. If Company fails to deliver the Shares as requested in a Conversion Notice and within three business days of the receipt thereof, there shall accrue a penalty of Additional Shares due to Holder equal to 25% of the number stated in the Conversion Notice beginning on the Fourth business day after the date of the Notice. The Additional Shares shall be issued and the amount of the Note retired will not be reduced beyond that stated in the Conversion Notice. Each additional business day beyond the Fourth business day after the date of this Notice shall accrue an additional 25% penalty for delinquency, without any corresponding reduction in the amount due under the Note, for so long as Company fails to provide the Shares so demanded. If an Event of Default occurs and is continuing, the Holder of this Note may declare the entire Note, including any interest and Default Interest and other amounts due, to be due and payable immediately. JSJ has fully converted this note into 1,572,404 shares of the Company’s common stock.
	On January 30, 2014, the Company and Asher Enterprises, Inc (“Asher”) entered a security purchase agreement, and issued an 8% convertible note with the principal amount of $ 93,500, which is due on October 21, 2014. Asher is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 58% of the average of three lowest trading price in the 10 consecutive trading days prior to the date that Asher requests Conversion. Any amount of principal or interest of this Note which is not paid when due shall bear interest at the rate of twenty two percent (22%) per annum from the due date thereof until the same is paid. Upon an event of default, the Note shall become immediately due and payable and the Company shall pay to Asher in full satisfaction of its obligations. None of this note has been converted as of the date of this report.
	On February 13, 2014, the Company issued a 12% convertible note to JSJ, with the principal amount of $125,000, which is due on July 30, 2014. JSJ is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to 45% of the average of lowest bid price for the 20 consecutive trading days prior to the date that JSJ requests conversion. This note has a cash redemption premium of 150% of the principal amount only upon approval and acceptance by JSJ, Any amount of principal on this Note which is not paid when due shall bear twelve percent (12%) interest per annum from the date thereof until the same is paid. If the Company fails to deliver the shares as requested in a conversion notice and within three business days of the receipt thereof, there shall accrue a penalty of additional shares due to JSJ equal to 25% of the number stated in the conversion notice beginning on the fourth business day after the date of the notice. The additional shares shall be issued and the amount of the note retired will not be reduced beyond that stated in the conversion notice. Each additional business day beyond the fourth business day after the date of this notice shall accrue an additional 25% penalty for delinquency, without any corresponding reduction in the amount due under the note, for so long as Company fails to provide the shares so demanded. If an event of default occurs and is continuing, JSJ may declare the entire note, including any interest and default interest and other amounts due, to be due and payable immediately. None of this note has been converted as of the date of this report.
	On March 17, 2014, the Company and LG entered a security purchase agreement and issued an 8% convertible note in the principal amount of $ 40,000, which is due on February 25, 2015. LG is entitled, at its option, at any time after the issuance of this note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 60% of the average of lowest closing price during the 15 consecutive trading days prior to the date that LG requests conversion. During the first 180 days this Note is in effect, the Company may redeem this note by paying to LG an amount equal to 150% of the unpaid principal amount of this note along with any prepaid and earned interest. This note may not be redeemed after 180 days. Upon an event of default, interest shall be accrued at a default interest rate of 24% per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law; LG may consider this Note immediately due and payable. None of this note has been converted as of the date of this report.
	On March 17, 2014, the Company and Union Funding, LLC (“UF”) entered a security purchase agreement, and issued an 8% convertible note with the principal amount of $20,000, which is due on March 12, 2015. UF is entitled, at its option, at any time after the issuance of this Note, to convert all or any lesser portion of the outstanding principal amount and accrued but unpaid interest into the Company’s common stock at a conversion price for each share of common stock equal to the 50% of the lowest closing price during the 15 consecutive trading days prior to the date that UF requests conversion. Upon an event of default, interest shall be accrued at a default interest rate of 24% per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law; UF may consider this note immediately due and payable. None of this note has been converted as of the date of this report.
	On March 28, 2014, Mr. Chaojun Lin, the Deputy General Manager of BT Shantou repaid to the Company RMB 2.04 million (approximately $333,857) of the working capital advances made by the Company to him of $292,943 at December 31, 2013. There is a balance of approximately $41,000 due to Mr. Chaojun Lin as of the date of this report.

Note_16_Restatement

Note 16 - Restatement	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 16 - Restatement	'
	NOTE 16 – RESTATEMENT
	The Company’s consolidated financial statements have been restated as of December 31, 2012 and for the year ended December 31, 2012. Based upon analysis of our current tax research and interpretations of China tax regulations, we have determined that our subsidiary, Big Tree International Co., Ltd., a Brunei company, may be considered a non-resident PRC company and may be subject to China income taxes and other payroll benefit taxes. Accordingly, we have decided to accrue China income taxes and payroll benefit taxes pursuant to China tax regulations. At December 31, 2012, we increased our current liabilities by $1,216,648, reduced net income by $768,443or $0.08 per common share (basic and diluted) to reflect the accrual of income taxes, payroll benefit taxes and all related estimated penalties and interest, we reduced beginning retained earnings by $440,099 to reflect the accrual of such taxes and penalties for the 2011 period, and increased accumulated other comprehensive loss by $8,106. Currently, we are reviewing our corporate tax structure and plan on restructuring our tax structure to ensure that Big Tree International Co., Ltd. is not subject to such taxes in China.
	Additionally, for the year ended December 31, 2012, we reduced comprehensive income by $8,106 on the consolidated statement of operations and comprehensive income and we reduced net income per common share.
	Accordingly, the Company’s consolidated balance sheet at December 31, 2012 and for the year ended December 31, 2012, the consolidated statement of operation and comprehensive income have been restated herein. There was no changes to the components of the Company’s previously reported consolidated statement of cash flow for the year ended December 31, 2012. The effect of this restatement in the Company’s consolidated financial statements at December 31, 2012 and for the year ended December 31, 2012 are shown in the table as follows:
	Consolidated Balance Sheet data	31-Dec-12
		As previously filed	Adjustments to Restate	As Restated
	Total Assets	$   8,650,814	$                         0	$        8,650,814
	Salaries and related benefits payable (a)	60,578	177,661	238,239
	Other payables (a)	61,504	239,021	300,525
	Taxes payable (a)	65,586	799,966	865,552
	Total Current Liabilities	5,983,339	1,216,648	7,199,987
	Total Liabilities	6,045,050	1,216,648	7,261,698
	Stockholders’ Equity:
	Common stock ($0.00001 par value; 100,000,000 shares authorized; 10,200,179 shares issued and outstanding at December 31, 2012)	102	0	102
	Additional paid-in capital (a)	207,900	0	207,900
	Retained earnings (a)	2,663,029	(1,208,542)	1,454,487
	Accumulated other comprehensive loss (a)	(3,297)	(8,106)	(11,403)
	Due from related party	(261,970)	0	(261,970)
	Total Stockholders’ Equity	2,605,764	(1,216,648)	1,389,116
	Total Liabilities and Stockholders’ Equity	$   8,650,814	$                         0	$        8,650,814
	(a)	To increase current liabilities by $1,216,648, to reduce net income by $768,443 to reflect the accrual of income taxes, payroll benefit taxes and all related estimated penalties and interest, to reduce beginning retained earnings by $440,099 to reflect the accrual of such taxes and penalties for the 2011 period, and to increase accumulated other comprehensive loss by $8,106.
	Consolidated Statement of operations and comprehensive income	For the Year Ended December 31, 2012
		As previously filed	Adjustments to Restate	As Restated
	Gross profit	$      3,527,026	$                      0	$                 3,527,026
	Operating expenses (a)	1,818,876	126,701	1,945,577
	Operating income	1,708,150	(126,701)	1,581,449
	Other income (expenses) (a)	(80,006)	(238,935)	(318,941)
	Income before income taxes	1,628,144	(365,636)	1,262,508
	Income taxes (a)	(33,105)	(402,807)	(435,912)
	Net income	1,595,039	(768,443)	826,596
	Foreign currency translation income (loss) (a)	9,361	(8,106)	1,255
	Comprehensive Income	$      1,604,400	$        (776,549)	$                    827,851
	Net Income Per Common Share
	Basic	$                 0.16	$               (0.08)	$                            0.08
	Diluted	$                 0.16	$               (0.08)	$                            0.08
	(a)	To reduce net income by $768,443 to reflect the accrual of income taxes, payroll benefit taxes and all related estimated penalties and interest and to decrease foreign currency translation income by $8,106.

Note_2_Summary_of_Significant_1

Note 2 - Summary of Significant Accounting Policies: Foreign Currency Translation (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Foreign Currency Translation	'
	Foreign Currency Translation
	The reporting currency of the Company is the U.S. dollar. Our functional currency is the Chinese Renminbi (“RMB”).  In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Section 830-20-35, the consolidated financial statements were translated into United States dollars using balance sheet date rates of exchange for assets and liabilities, and average rates of exchange for the period for the statement of operations.  Net gains and losses resulting from foreign exchange transactions were included in the consolidated statements of operations and comprehensive income.  Translation adjustments resulting from the process of translating the local currency financial statements into U.S. dollars are included in other comprehensive income or loss within shareholders’ equity.
	RMB is not a fully convertible currency. All foreign exchange transactions involving RMB must take place either through the People’s Bank of China (the “PBOC”) or other institutions authorized to buy and sell foreign exchange. The exchange rate adopted for the foreign exchange transactions are the rates of exchange quoted by the PBOC, which are determined largely by supply and demand. Translation of amounts from RMB into United States dollars (“$”) was made at the following exchange rates for the respective periods:
	December 31, 2013:
	Balance sheet	RMB 6.1104 to $1.00
	Statement of operations and comprehensive income	RMB 6.1905 to $1.00
	December 31, 2012:
	Balance sheet	RMB 6.3011 to $1.00
	Statement of operations and comprehensive income	RMB 6.3034 to $1.00
	Cash flows from the Company's operations are calculated based upon the local currencies using the average translation rate. As a result, amounts related to assets and liabilities reported on the statement of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets.

Note_2_Summary_of_Significant_2

Note 2 - Summary of Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Use of Estimates	'
	Use of estimates
	The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.  Significant estimates for the years ended December 31, 2013 and 2012 include the allowance for doubtful accounts on accounts receivable, allowance for obsolete inventory, the useful life of property and equipment and intangible assets, the valuation of derivative liability, and the valuation of stock-based compensation.

Note_2_Summary_of_Significant_3

Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Fair Value of Financial Instruments	'
	Fair value of financial instruments
	We adopted the guidance of ASC 820 for fair value measurements which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows:
	Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.
	Level 2-Inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data.
	Level 3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information.
	The carrying amounts reported in the balance sheets for cash, accounts receivable, other receivables, prepaid expenses, advances to suppliers, accounts payable and accrued expenses, loans payable, advances to customers, and other payables approximate their fair market value based on the short-term maturity of these instruments.
	ASC 825-10 “Financial Instruments”, allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. We did not elect to apply the fair value option to any outstanding instruments.
	The following table reflects changes for the year ended December 31, 2013 for all financial assets and liabilities categorized as Level 3 as of December 31, 2013.
	Liabilities:
	Balance of derivative liabilities as of January 1, 2013	$                  0
	Initial fair value of derivative liabilities attributable to conversion feature	225,361
	Gain from change in the fair value of derivative liabilities	(43,265)
	Balance of derivative liabilities as of December 31, 2013	$     182,096

Note_2_Summary_of_Significant_4

Note 2 - Summary of Significant Accounting Policies: Reclassifications (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Reclassifications	'
	Reclassifications
	Certain reclassifications have been made in prior year’s financial statements to conform with the current year’s financial presentation.

Note_2_Summary_of_Significant_5

Note 2 - Summary of Significant Accounting Policies: Cash and Equivalents (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Cash and Equivalents	'
	Cash and equivalents
	For purposes of the consolidated statements of cash flows, we consider all highly liquid instruments purchased with a maturity of three months or less and money market accounts to be cash equivalents. We maintain cash and cash equivalents with various financial institutions mainly in the PRC and Hong Kong. Balances in banks in the PRC and Hong Kong are uninsured.

Note_2_Summary_of_Significant_6

Note 2 - Summary of Significant Accounting Policies: Accounts Receivable (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Accounts Receivable	'
	Accounts receivable
	Accounts receivable are recorded at the invoiced amount, net of an allowance for doubtful accounts. The allowance for doubtful accounts reflects our best estimate of the amount of probable credit losses in our existing accounts receivable. We determined the allowance based on historical write-off experience, customer specific facts and economic conditions. Bad debt expense is included in general and administrative expense, if any. Outstanding account balances are reviewed individually for collectability. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. For the years ended December 31, 2013 and 2012, the allowance for doubtful accounts totaled $291,011 and $54,135, respectively.

Note_2_Summary_of_Significant_7

Note 2 - Summary of Significant Accounting Policies: Inventories (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Inventories	'
	Inventories
	We value inventories, consisting of finished goods only, at the lower of cost or market value. Cost is determined on the first in-first out method. We regularly review our inventories on hand and, when necessary, record a provision for excess or obsolete inventories if inventory costs exceed expected market value due to obsolescence or quantities in excess of expected demand. For the years ended December 31, 2013 and 2012, there were no charges for inventory reserve provision.

Note_2_Summary_of_Significant_8

Note 2 - Summary of Significant Accounting Policies: Prepaid Expenses (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Prepaid Expenses	'
	Prepaid expenses
	Prepaid expenses primarily consist of prepaid advertising expenses and prepaid consulting fee.

Note_2_Summary_of_Significant_9

Note 2 - Summary of Significant Accounting Policies: Advance To Suppliers (related and Non-related Parties) (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Advance To Suppliers (related and Non-related Parties)	'
	Advance to suppliers (related and non-related parties)
	Advance to suppliers (related and non-related parties) consists of advance to suppliers for merchandise that had not yet been shipped.

Recovered_Sheet1

Note 2 - Summary of Significant Accounting Policies: Property and Equipment (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Property and Equipment	'
	Property and equipment
	Property and equipment are recorded at cost.  Expenditures for major additions and betterments are capitalized. Maintenance and repairs are expensed as incurred.  Depreciation of property and equipment is computed by the straight-line method (after taking into account their respective estimated residual values) over the assets estimated useful lives.  Upon sale or retirement of property, plant and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in operations. Leasehold improvements, if any, are amortized on a straight-line basis over the lease period or the estimated useful life, whichever is shorter.  Upon becoming fully amortized, the related cost and accumulated amortization are removed from the accounts.

Recovered_Sheet2

Note 2 - Summary of Significant Accounting Policies: Impairment of Long-lived Assets (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Impairment of Long-lived Assets	'
	Impairment of long-lived assets
	In accordance with ASC 360, our long-lived assets, which include property and equipment and automobiles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  We assess the recoverability of our long-lived assets by comparing the projected undiscounted net cash flows associated with the related long-lived asset or group of long-lived assets over their remaining estimated useful lives against their respective carrying amounts.  Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets.  Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. If long-lived assets are determined to be recoverable, but the newly determined remaining estimated useful lives are shorter than originally estimated, the net book values of the long-lived assets are depreciated over the newly determined remaining estimated useful lives. We determined there were no impairments of long-lived assets as of December 31, 2013 and 2012.

Recovered_Sheet3

Note 2 - Summary of Significant Accounting Policies: Advance From Customers (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Advance From Customers	'
	Advance from customers
	Advance from customers represent prepayments to us for merchandise that had not yet been shipped to customers.

Recovered_Sheet4

Note 2 - Summary of Significant Accounting Policies: Revenue Recognition (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Revenue Recognition	'
	Revenue recognition
	We follow the guidance of ASC 605, "Revenue Recognition,” and the Securities and Exchange Commission's Staff Accounting Bulletin (“SAB”) No. 104 and SAB Topic 13 for revenue recognition. In general, we record revenue when persuasive evidence of an arrangement exists, services have been rendered or product delivery has occurred, the sales price to the customer is fixed or determinable, and collectability is reasonably assured.
	Revenues for our product sales are recognized when all four of the following criteria are met: (i) persuasive evidence of an arrangement exists through a formal purchase order or contract; (ii) delivery of the products has occurred and risks and rewards of ownership have passed to the customer; (iii) the selling price is both fixed and determinable based on agreement between us and our customer; and (iv) collectability is reasonably assured. For any advance payments from customers, revenues are deferred until such a time when all the four criteria mentioned above are fully met.
	Revenue is accounted for in accordance with the ASC 605-45, reporting revenue either on a gross basis as a principal or net basis as an agent depending upon the nature of the sales transaction. Revenue is recognized on a gross basis when the Company determines the sale meets the conditions of ASC 605-45, “Reporting Revenue Gross as a Principal versus Net as an Agent.” When the Company does not meet the criteria for gross revenue recognition under ASC 605-45, the Company reports the revenue on a net basis.
	In accordance with ASC 605-45-45, “Principal Considerations - Other Presentation Matters”, we report our revenues from sales of toys as follows:
	Revenue Recognition (1)
	2013
				2012
	Allocation of Revenues
		Gross Method
			Net Method	Total	Gross Method	Net Method	Total
	Revenues, excluding  sales reported on net basis	$39,546,250	$                 0	$  39,546,250	$  33,308,254	$                 0	$  33,308,254
	Net Revenues from sales reported on net basis	0	180,752	180,752	0	580,381	580,381
	Total Revenues	$39,546,250	$     180,752	$  39,727,002	$  33,308,254	$     580,381	$   33,888,635
	(1)           Certain revenues from our sales are based on a net reporting because they do not meet the criteria for gross reporting method pursuant to ASC 605-45-45.  This means that all cost of purchases from those sales will be netted with the sales revenues generated by the sale of those toys. All other revenues from sales are based on gross reporting pursuant to criteria outlined in ASC 605-45-45, as follows:
	-               we are the primary obligor to provide the product or services desired by our customers;
	-               we have discretion in supplier selection.
	-               we have latitude in establishing price;
	-               we have credit risk – see Note 13 for customer concentrations and credit risk; and
	-               we have inventory risk before customer order and upon customer return;

Recovered_Sheet5

Note 2 - Summary of Significant Accounting Policies: Income Taxes (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Income Taxes	'
	Income taxes
	We account for income taxes under ASC 740, “Expenses – Income Taxes”. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carry forwards. ASC 740 additionally requires the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets.
	The Company is governed by the U.S. Internal Revenue Code of 1986, as amended.
	All of BT Shantou operations are in the PRC and are subject to China’s Unified Corporate Income Tax Law (the “EIT Law”) which became effective in January 2008. The EIT Law established a single unified 25% income tax rate for most companies, including BT Shantou in China.
	Big Tree International Co., Ltd. (“BT Brunei”) was incorporated in the State of Brunei Darussalam, and may be subject to China income taxes pursuant to EIT Law as a non-resident company.
	We applied the provisions of ASC 740-10-50, “Accounting for Uncertainty in Income Taxes”, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company’s liability for income taxes. Any such adjustment could be material to the Company’s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of December 31, 2013, we accrued China income taxes on taxable income generated by BT Brunei as a non-resident China company. We have not paid such taxes and we are reviewing our corporate tax structure and plan on restructuring our tax structure to ensure that BT Brunei is not subject to such taxes in China. There is no assurance that we can reach such a conclusion and we may be required to pay such income taxes. We had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future. (See Note 16)

Recovered_Sheet6

Note 2 - Summary of Significant Accounting Policies: Value Added Taxes (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Value Added Taxes	'
	Value added taxes
	Pursuant to the Provisional Regulation of China on Value Added Tax (“VAT”) and their rules, all entities and individuals that are engaged in the sale of goods in China are generally required to pay VAT at a rate of 17.0% of the gross sales proceeds received, less any deductible VAT already paid or borne by the taxpayer. Further, when exporting goods, the exporter is entitled to a portion of or a full refund of the VAT that it has already paid or borne.

Recovered_Sheet7

Note 2 - Summary of Significant Accounting Policies: Shipping Costs (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Shipping Costs	'
	Shipping costs
	Shipping costs are included in selling expenses and totaled $175,869 and $74,195 for the years ended December 31, 2013 and 2012, respectively.

Recovered_Sheet8

Note 2 - Summary of Significant Accounting Policies: Advertising (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Advertising	'
	Advertising
	Advertising is expensed as incurred and is included in selling expenses on the accompanying consolidated statements of operations and comprehensive income. For the years ended December 31, 2013 and 2012, advertising expense amounted to $98,211 and $147,542, respectively.

Recovered_Sheet9

Note 2 - Summary of Significant Accounting Policies: Comprehensive Income (loss) (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Comprehensive Income (loss)	'
	Comprehensive income (loss)
	Comprehensive income (loss) consists of net income and foreign currency translation adjustments, and is presented in our Consolidated Statements of Operations and Comprehensive Income (Loss).

Recovered_Sheet10

Note 2 - Summary of Significant Accounting Policies: Reverse Stock Split and Conversion of Preferred Shares (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Reverse Stock Split and Conversion of Preferred Shares	'
	Reverse stock split and conversion of preferred shares
	We effected a one-for-700 reverse stock split on December 11, 2012. All share and per share information has been retroactively adjusted to reflect this reverse stock split. Additionally, upon the effectiveness of the reverse stock split, all outstanding convertible series B and C shares were automatically converted into common shares.

Recovered_Sheet11

Note 2 - Summary of Significant Accounting Policies: Net Income Per Share of Common Stock (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Net Income Per Share of Common Stock	'
	Net income per share of common stock
	Basic net income per common share is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted net income per common share is computed by dividing net income by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. In 2012, both basic and diluted weighted-average number of common shares included the 3,362,749 shares of Series B convertible preferred shares issued in connection with the pre-merger transactions and the 6,500,000 shares of Series C convertible preferred shares issued in connection with the Shares Exchange Transaction as if the common shares are issued at the issuance date in connection with the pre-merger transactions and are issued at the earliest period presented or retroactively restated as a result of recapitalization since these convertible preferred shares have automatic conversion feature and were converted in December 2012.  As of December 31, 2013 and 2012, we did not have any common stock equivalents and potentially dilutive common shares other than the Series B and C convertible preferred shares which have been included in the basic earnings per share computation. Potentially dilutive common shares consist of common stock issuable upon conversion of outstanding convertible debt (using the as-if converted method).  The following table presents a reconciliation of basic and diluted net income per common share:
		Years Ended December 31,
		2013
			2012
			(As Restated)
	Net income available to common shareholders for basic and diluted net income per common share	$         510,074	$            826,596
	Weighted average common shares outstanding – basic	10,348,956	10,060,288
	Effect of dilutive securities:
	Convertible debt	804,231	0
	Weighted average common shares outstanding– diluted	11,153,187	10,060,288
	Net income per common share  - basic	$                0.05	$                   0.08
	Net income per common share  - diluted	$                0.05	$                   0.08

Recovered_Sheet12

Note 2 - Summary of Significant Accounting Policies: Recently Issued Accounting Pronouncements (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Recently Issued Accounting Pronouncements	'
	Recently issued accounting pronouncements
	In July 2013, the FASB issued Accounting Standards Update “(ASU”) 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists" ("ASU 2013-11"). The provisions of the rule require an unrecognized tax benefit to be presented as a reduction to a deferred tax asset in the financial statements for an NOL carryforward, a similar tax loss, or a tax credit carryforward except in circumstances when the carryforward or tax loss is not available at the reporting date under the tax laws of the applicable jurisdiction to settle any additional income taxes or the tax law does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purposes. When those circumstances exist, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The new financial statement presentation provisions relating to this update are prospective and effective for interim and annual periods beginning after December 15, 2013, with early adoption permitted. The Company does not anticipate a material impact to the consolidated financial statements related to this guidance.
	A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, we have not determined whether implementation of such proposed standards would be material to our consolidated financial statements.

Recovered_Sheet13

Note 2 - Summary of Significant Accounting Policies: Foreign Currency Translation: Exchange rates table (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Exchange rates table	'
	December 31, 2013:
	Balance sheet	RMB 6.1104 to $1.00
	Statement of operations and comprehensive income	RMB 6.1905 to $1.00
	December 31, 2012:
	Balance sheet	RMB 6.3011 to $1.00
	Statement of operations and comprehensive income	RMB 6.3034 to $1.00

Recovered_Sheet14

Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments: Financial assets and liabilities table (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Financial assets and liabilities table	'
	Liabilities:
	Balance of derivative liabilities as of January 1, 2013	$                  0
	Initial fair value of derivative liabilities attributable to conversion feature	225,361
	Gain from change in the fair value of derivative liabilities	(43,265)
	Balance of derivative liabilities as of December 31, 2013	$     182,096

Note_3_Other_Receivable_Other_

Note 3 - Other Receivable: Other receivable table (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Other receivable table	'
		31-Dec-13	31-Dec-12
	Export tax refund receivable	$      1,169,702	$   1,189,971
	Others	11,619	12,779
	Total Other receivable	$      1,181,321	$   1,202,750

Note_4_Property_and_Equipment_

Note 4 - Property and Equipment: Property and equipments table (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Property and equipments table	'
	(Estimated Life)	31-Dec-13	31-Dec-12
	Office equipment (5 Years)	$        38,305	$        34,639
	Vehicles (5 Years)	52,370	79,920
	Machinery and  equipment (3 Years)	176,429	170,743
		267,104	285,302
	Less: accumulated depreciation	(135,906)	(83,545)
	Property and equipment, net	$      131,198	$      201,757

Note_8_Related_Party_Transacti1

Note 8 - Related Party Transactions: Advances to supplier - related parties table (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Advances to supplier - related parties table	'
		31-Dec-13	31-Dec-12
	Advances to supplier - Universal Toys	$                   0	$         64,943
	Advances to supplier - Xinzhongyang	0	464,205
	Total	$                   0	$       529,148

Recovered_Sheet15

Note 2 - Summary of Significant Accounting Policies: Foreign Currency Translation: Exchange rates table (Details)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
exchange rate used for balance sheet	6.1104	6.3011
exchange rate used for income statement	6.1905	6.3034

Recovered_Sheet16

Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments: Financial assets and liabilities table (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Balance of derivative liabilities	$182,096	$0
Initial fair value of derivative liabilities attributable to interest expense	225,361	'
Gain from change in the fair value of derivative liabilities	($43,265)	'

Recovered_Sheet17

Note 2 - Summary of Significant Accounting Policies: Shipping Costs (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Shipping, Handling and Transportation Costs	$175,869	$74,195

Recovered_Sheet18

Note 2 - Summary of Significant Accounting Policies: Advertising (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Advertising Expense	$98,211	$147,542

Recovered_Sheet19

Note 2 - Summary of Significant Accounting Policies: Net Income Per Share of Common Stock (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Net income available to common shareholders for basic and diluted net income per common share	$510,074	$826,596
Weighted average common shares outstanding - basic	10,348,956	10,060,288
Convertible debt	804,231	0
Weighted average common shares outstanding- diluted	$11,153,187	$10,060,288

Note_3_Other_Receivable_Other_1

Note 3 - Other Receivable: Other receivable table (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Tax refund receivable	$1,169,702	$1,189,971
Other Misc Receivables	11,619	12,779
Other receivable	$1,181,321	$1,202,750

Note_4_Property_and_Equipment_1

Note 4 - Property and Equipment: Property and equipments table (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Office equipment	$38,305	$34,639
Vehicles	52,370	79,920
Machinery and equipment	176,429	170,743
accumulated depreciation	-135,906	-83,545
Property and equipment, net	$131,198	$201,757

Note_4_Property_and_Equipment_2

Note 4 - Property and Equipment (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Depreciation Expense	$76,435	$58,776

Note_5_Intangible_Assets_Detai

Note 5 - Intangible Assets (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Amortization of Intangible Assets	$3,131	$3,076

Note_6_Advance_From_Customers_

Note 6 - Advance From Customers (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Advance from customers	$124,851	$142,125

Note_8_Related_Party_Transacti2

Note 8 - Related Party Transactions (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Advanced to Guihong Zheng	$0	$1,484
Due from related party - Xinzhongyang	1,630,580	261,970
Working capital advances - Wei Lin	'	2,197,453
Working capital advances - Xinzhongyang	'	6,016,436
Total Working capital advances	'	8,213,889
Repayments - Wei Lin	'	($2,212,495)

Note_8_Related_Party_Transacti3

Note 8 - Related Party Transactions: Advances to supplier - related parties table (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Details	'	'
Advances to supplier - Universal Toys	$0	$64,943
Advances to supplier - Xinzhongyang	0	464,205
Total Advances to supplier	$0	$529,148