TransAKT (TAKD) 10-K 14 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Apr. 14, 2016	Jun. 30, 2015
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Trading Symbol	takd
Entity Registrant Name	TRANSAKT LTD.
Entity Central Index Key	1,263,872
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		613,447,306
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Entity Public Float			$ 14,488,587
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 103,250	$ 208,922
Restricted cash	0	628
Accounts receivable -Trade, net	0	63,773
-Related parties	0	389,985
Other receivable, net	0	26,899
Inventory	0	61,639
Advance to suppliers	0	113,924
Due from related parties	0	285,365
Prepayments	11,431	80,298
Total Current Assets	114,681	1,231,433
Property & equipment, net	0	0
Deposits	0	32,029
Total Assets	114,681	1,263,462
Current Liabilities
Accounts payable	0	932,638
Accrued expenses	43,373	116,647
Amount due to a director	191,000	0
Construction payable	0	75,201
Loan payable to related party	0	2,912
Total Current Liabilities	234,373	1,127,398
Total liabilities	234,373	1,127,398
Stockholders' Equity
Preferred stock, 200,000,000 shares authorized for issuance, $0.001 par value, 0 share issued and outstanding	0	0
Common stock, 700,000,000 shares authorized for issuance, $0.001 par value, 613,447,306 shares issued and outstanding at December 31, 2015 and 2014, respectively	613,447	613,447
Additional paid-in capital	24,534,404	24,534,404
Accumulated deficit	(21,830,086)	(21,514,222)
Other comprehensive income	(437,457)	(484,635)
Stock subscription receivable	(1,200,000)	(1,200,000)
Treasury stock, common stock, at cost, 45,000,000 shares at December 31, 2015 and 2014, respectively	(1,800,000)	(1,800,000)
Total Stockholders' Equity	(119,692)	148,994
Non-controlling interest	0	(12,930)
Total Equity	(119,692)	136,064
Total Liabilities and Equity	$ 114,681	$ 1,263,462

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Preferred Stock, Shares Authorized	200,000,000	200,000,000
Preferred Stock, Par Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Shares Authorized	700,000,000	700,000,000
Common Stock, Par Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	613,447,306	613,447,306
Common Stock, Shares, Outstanding	613,447,306	613,447,306
Treasury Stock, Shares	45,000,000	45,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Sales, net	$ 81,145	$ 449,505
Cost of sales	72,145	2,292,885
Gross profit (loss)	9,000	(1,843,380)
Selling, general and administrative expenses	644,187	1,743,835
Impairment loss on fixed assets	0	3,512,930
Impairment loss on goodwill	0	0
Loss from operations	(635,187)	(7,100,145)
Other income (expense)
Interest income	0	365
Interest expense	(38)	(2,766)
Loss on disposal of investments	(1,000,000)	0
Gain on disposal of investments	1,283,275	0
Gain on written-off of non-controlling interest	12,930	0
Currency exchange gain (loss)	(13)	1,680
Gain on disposal of fixed assets	0	6,590
Other income	36,099	3,083
Total other income (expenses)	332,253	8,952
Loss before income taxes	(302,934)	(7,091,193)
Provision for income taxes expense (benefit)	0	0
Net loss	(302,934)	(7,091,193)
Net loss attributable to non-controlling interest	0	(2,170)
Net loss available to common stockholders	$ (302,934)	$ (7,089,023)
Loss per share:
Basic and diluted income (loss) common stockholders per share Net loss	$ 0	$ (0.01)
Weighted average number of shares outstanding:
Basic and diluted	613,447,306	568,447,306
Other Comprehensive Income (Loss)
Net loss	$ (302,934)	$ (7,091,193)
Foreign currency translation adjustment	47,178	(475,058)
Comprehensive income (loss)	(255,756)	(7,566,251)
Comprehensive income (loss) attributable to the non-controlling interest	0	(2,686)
Comprehensive income (loss) attributable to TRANSAKT LTD.	$ (255,756)	$ (7,563,565)

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS DEFICIT - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Stock Subscription Receivable [Member]	Accumulated Deficit [Member]	Other Comprehensive Income (loss) [Member]	Treasury Stock [Member]	Stock at Cost Amount [Member]	Noncontrolling Interest [Member]	Total
Beginning Balance at Dec. 31, 2012	$ 403,527	$ 10,497,536		$ (3,911,792)	$ 151,287				$ 7,140,558
Beginning Balance (Shares) at Dec. 31, 2012	403,526,905
Treasury stock obtained from disposal of Harlee						$ (45,000,000)	$ (1,800,000)		(1,800,000)
Stock Option issued to employee		56,643							56,643
Common stock issued for cash on September 16, 2013	$ 140,678	8,660,107							8,800,785
Common stock issued for cash on September 16, 2013 (Shares)	140,678,401
Common stock issued for cash on November 26, 2013	$ 69,242	5,320,118	$ (1,200,000)						4,189,360
Common stock issued for cash on November 26, 2013 (Shares)	69,242,000
Formation of subsidiary								$ 516	516
Foreign currency translation adjustment					(161,380)			(4)	(161,384)
Net loss				(10,513,407)				(10,756)	(10,524,163)
Ending Balance at Dec. 31, 2013	$ 613,447	24,534,404	(1,200,000)	(14,425,199)	(10,093)	(45,000,000)	(1,800,000)	(10,244)	7,702,315
Ending Balance (Shares) at Dec. 31, 2013	613,447,306
Stock Option issued to employee									0
Foreign currency translation adjustment					(474,542)			(516)	(475,058)
Net loss				(7,089,023)				(2,170)	(7,091,193)
Net loss									(7,563,565)
Ending Balance at Dec. 31, 2014	$ 613,447	24,534,404	(1,200,000)	(21,514,222)	(484,635)	(45,000,000)	(1,800,000)	(12,930)	136,064
Ending Balance (Shares) at Dec. 31, 2014	613,447,306
Stock Option issued to employee									0
Disposal of subsidiary				(12,930)				$ 12,930
Net loss				(302,934)	47,178				(255,756)
Ending Balance at Dec. 31, 2015	$ 613,447	$ 24,534,404	$ (1,200,000)	$ (21,830,086)	$ (437,457)	$ (45,000,000)	$ (1,800,000)		$ (119,692)
Ending Balance (Shares) at Dec. 31, 2015	613,447,306

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities
Net loss available to common stockholders	$ (302,934)	$ (7,089,023)
Adjustments to reconcile net loss to net cash used in operating activities:
Minority interest	0	(2,170)
Gain on disposal of assets	0	(6,590)
Loss on disposal of investments	1,000,000	0
Gain on disposal of investments	(1,283,275)	0
Impairment loss on fixed assets	0	3,512,930
Impairment loss on goodwill	0	0
Bad debt expense	401,550	359,115
Depreciation expense	0	383,085
Common stock issued for service	0	0
Stock Option issued to employee	0	0
Loss on long-term investment	0	0
Changes in assets and liabilities:
Decrease (Increase) in accounts receivable	453,758	(22,575)
Decrease (Increase) Increase in other receivable	26,899	(73,801)
Decrease (Increase) in inventory	61,639	601,831
Decrease (Increase) in advance to suppliers	113,924	138,614
Decrease (Increase) in prepayments	68,867	167,978
Decrease (Increase) in deposits	32,029	(3,498)
Increase (Decrease) in accounts payable and accrued expenses	(1,081,113)	(375,094)
Increase (Decrease) in customer deposits	0	553
Net cash used in operating activities	(508,656)	(2,408,645)
Cash flows from investing activities
Restricted cash	(628)	(655)
Acquisition of property and equipment	0	(51,720)
Cash received from disposal of fixed assets	0	28,869
Payment for factory construction	0	(117,034)
Net cash used in investing activities	(628)	(140,540)
Cash flows from financing activities
Non-controlling interest	(12,930)	0
Repayment of loan from others	285,365	0
Principal payments under capital lease obligations	0	(55,980)
Net proceeds of short-term loans from shareholders	(2,912)	225,139
Net repayment of amount due to shareholders	191,000	(146,127)
Proceeds from issuance of common stock	0	0
Net cash provided by financing activities	460,523	23,032
Effect of exchange rate changes on cash and cash equivalents	(56,911)	(451,515)
Net increase (decrease) in cash and cash equivalents	(105,672)	(2,977,668)
Cash and cash equivalents
Beginning	208,922	3,186,590
Ending	103,250	208,922
Cash paid during the year for:
Income tax	0	0
Interest expense	38	2,766
Non-cash transactions:
Gain on written-off of non-controlling interest	(12,930)	0
Transfer from construction in progress to property and equipment	$ 0	$ 0

ORGANIZATION

ORGANIZATION	12 Months Ended
	Dec. 31, 2015
ORGANIZATION [Text Block]	NOTE 1 – ORGANIZATION TransAKT Ltd. (the “Company”) was incorporated under the laws of the Province of Alberta on June 3, 1997. The Company completed the acquisition of Green Point Resources Inc. on October 18, 2000 whereby it became a publicly traded company listed on the Canadian Venture Exchange. In 2004 the Company voluntarily delisted from the TSX Venture Exchange and retained a listing on the Over the Counter Bulletin Board in the United States. In October 2004 the Company purchased certain assets of IP Mental Inc., a Taiwan based Voice over Internet Protocol (VoIP) company. The company name was changed from TransAKT Corp. to TransAKT Ltd. on September 29, 2006. The Company designs and develops Voice over Internet Protocol (“VoIP”) solutions and mobile payment terminals for the consumer electronics industry. On November 15, 2006 TransAKT Ltd and the shareholders of Taiwan Halee International Co. Ltd. (HTT), entered into a Share Exchange Agreement in which TransAKT Ltd. acquired 100% of Taiwan Halee International Co. Ltd.’s outstanding common stock. HTT was incorporated under the laws of Republic of China in 1985. HTT is engaged in designing, manufacturing and distribution of Taiwan telecommunications equipment. The acquisition has been accounted for as a reverse acquisition under the purchase method of accounting. Accordingly, the merger of the two companies has been recorded as a recapitalization of HTT, with HTT being treated as the continuing entity. On August 12, 2010, the Company filed the Registration Statement (Form S-4) in connection with the continuation of the Company from Alberta to Nevada. Based upon the number of common shares of TransAKT Ltd., a Nevada corporation (“TransAKT Nevada”), to be issued to the shareholders of TransAKT Ltd., an Alberta corporation (“TransAKT Alberta”), on a one-for-one basis upon completion of the Continuation and based on 102,645,120 shares of common stock of TransAKT Ltd., an Alberta corporation, issued and outstanding as of August 12, 2010. The Articles of Conversion of TransAKT Nevada provides that the authorized capital of the TransAKT will be 300,000,000 shares of common stock, par value $0.001 per share and 200,000,000 shares of preferred stock, par value $0.001 per share. On July 26, 2012, the Company acquired 100% equity of Vegfab Agricultural Technology Co. Ltd. (the “Vegfab”), a company incorporated under the laws of the Republic of China (“ROC, Taiwan”). Vegfab is mainly engaged in selling agricultural equipment used to grow vegetables using simulated sunlight from LED lamps in hydroponic systems (see Note 10). On January 4, 2013, the Company entered into a Share Purchase and Sale Agreement with a shareholder pursuant to which the Company sold to him 100% of all issued and outstanding securities of its wholly owned subsidiary Taiwan Halee International Corporation (“HTT”). In consideration of the sale of HTT, the shareholder has transferred to the Company 45,000,000 previously issued common voting shares of TransAKT with a deemed value of $0.04 per share or $1.8 million in the aggregate (see Note 14). On October 30, 2013, Million Talented Ltd., a related party 50% owned by the Company’s president and director, contributed $516 (equals to HKD 4,000) to obtain 40% ownership of TransAKT Bio Agritech Ltd., formerly named as TransAKT (H.K) Ltd., (“TransAKT H.K.”). TransAKT H.K. was incorporated in Hong Kong on November 20, 2007. It had no operation until 2013. TransAKT H.K.'s primary business is conducting research and development on new agricultural technology relating to the Company’s business.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The consolidated financial statements include the accounts of TransAKT (BVI) Limited and its wholly owned subsidiaries, TransAKT Bio Agritech Ltd., collectively referred to within as the Company. All material intercompany accounts, transactions, and profits have been eliminated in consolidation. Disposal of subsidiaries Certain prior period amounts have been reclassified in these consolidated financial statements to reflect the disposal of the subsidiaries, TransAKT Holding Limited and TransAKT Taiwan Limited, and their related assets and liabilities. Going Concern The Company has incurred a net loss of $302,934 and $7,091,193 during the years ended December 31, 2015 and 2014, respectively, and has an accumulated deficit of $21,830,086 and $21,514,222 as of December 31, 2015 and December 31, 2014, respectively. The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. This basis of accounting contemplates the recovery of the Company’s assets and the satisfaction of liabilities in the normal course of business. This presentation presumes funds will be available to finance ongoing research and development, operations and capital expenditures and permit the realization of assets and the payment of liabilities in the normal course of operations for the foreseeable future. The ability of the Company to continue research and development projects and realize the capitalized value of proprietary technologies and related assets is dependent upon future commercial success of the technologies and raising sufficient funds to continue research and development as well as to effectively market its products. Through December 31, 2015, the Company has not realized commercial success of the technologies, nor have they raised sufficient funds to continue research and development or to market its products. There can be no assurances that there will be adequate financing available to the Company and the consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty. The Company has taken certain restructuring steps to provide the necessary capital to continue its operations. These steps included: (1) Tightly budgeting and controlling all expenses; (2) Expanding the company’s operations into China, expanding product lines and recruiting a strong sales team to significantly increase sales revenue and profit in 2015; (3) The Company plans to continue actively seeing additional funding opportunities to improve and expand upon our product lines. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States (“GAAP”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Revenue Recognition Revenues are recognized when finished products are shipped to customers and both title and the risks and rewards of ownership are transferred and collectability is reasonably assured. The Company’s revenues are recorded upon confirmed acceptance after inspection by the customers of the Company. Exchange Gain (Loss): During the years ended December 31, 2015 and 2014, the transactions of TransAKT Bio Agritech Ltd. were denominated in foreign currency and were recorded in Hong Kong Dollar (HKD) at the rates of exchange in effect when the transactions occur. Exchange gains and losses are recognized for the different foreign exchange rates applied when the foreign currency assets and liabilities are settled. Translation Adjustment The Company financial statements are presented in the U.S. dollar ($), which is the Company’s reporting currency, while its functional currency is Hong Kong Dollar (HKD). Transactions in foreign currencies are initially recorded at the functional currency rate ruling at the date of transaction. Any differences between the initially recorded amount and the settlement amount are recorded as a gain or loss on foreign currency transaction in the consolidated statements of income. Monetary assets and liabilities denominated in foreign currency are translated at the functional currency rate of exchange ruling at the balance sheet date. Any differences are taken to profit or loss as a gain or loss on foreign currency translation in the statements of income. In accordance with ASC 830, Foreign Currency Matters, the Company translates the assets and liabilities into U.S. dollar ($) using the rate of exchange prevailing at the balance sheet date and the statements of operations and cash flows are translated at an average rate during the reporting period. Adjustments resulting from the translation from HKD into U.S. dollar are recorded in stockholders’ equity as part of accumulated other comprehensive income. Comprehensive Income Comprehensive income includes accumulated foreign currency translation gains and losses. The Company has reported the components of comprehensive income on its statements of stockholders’ equity. Advertising Advertising expenses consist primarily of costs of promotion for corporate image and product marketing and costs of direct advertising. The Company expenses all advertising costs as incurred. Income Taxes The Company accounts for income taxes in accordance with ASC 740, Income Taxes, which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when, in the opinion of management, it is more likely than not that some or all of any deferred tax assets will not be realized. Statement of Cash Flows In accordance with generally accepted accounting principles (GAAP), cash flows from the Company's operations are based upon the local currencies. 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 sheet. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk are accounts receivable and other receivables arising from its normal business activities. The Company has a diversified customer base. The Company controls credit risk related to accounts receivable through credit approvals, credit limits and monitoring procedures. The Company routinely assesses the financial strength of its customers and, based upon factors surrounding the credit risk, establishes an allowance, if required, for un-collectible accounts and, as a consequence, believes that its accounts receivable credit risk exposure beyond such allowance is limited. Cash and Cash Equivalents Cash and cash equivalents include cash in hand and cash in time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less. Allowance for Doubtful Accounts The Company maintains reserves for potential credit losses on accounts receivable and other receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves. Allowance for doubtful debts amounted to $0 and $30,459 as at December 31, 2015 and December 31, 2014, respectively. Inventory Inventories are valued at the lower of cost (determined on a weighted average basis) or market. The Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower. As of December 31, 2015, no inventory was recorded. As of December 31, 2014, inventory consisted of raw materials, work-in-process, and finished goods. Property, Plant & Equipment Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives of: Furniture and Fixtures 3 - 5 years Machine and equipment 3 - 10 years Computer Hardware and Software 3 - 5 years Automobile 3 - 5 years Leasehold improvement 30 years The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statements of operations. The cost of maintenance and repairs is charged to expenses as incurred, whereas significant renewals and betterments are capitalized. Long-term assets of the Company are reviewed annually as to whether their carrying value has become impaired, pursuant to the guidelines established in FASB ASC Topic 360, “Property, Plant, and Equipment” The Company also re-evaluates the periods of amortization to determine whether subsequent events and circumstances warrant revised estimates of useful lives. Fair Value of Financial Instruments In the first quarter of fiscal year 2008, the Company adopted Accounting Standards Codification subtopic 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”). ASC 820-10 defines fair value, establishes a framework for measuring fair value, and enhances fair value measurement disclosure. ASC 820-10 delays, until the first quarter of fiscal year 2009, the effective date for ASC 820-10 for all non-financial assets and non-financial liabilities, except those that are recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). The adoption of ASC 820-10 did not have a material impact on the Company’s financial position or operations. Effective October 1, 2008, the Company adopted Accounting Standards Codification subtopic 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”) and Accounting Standards Codification subtopic 825-10, Financial Instruments (“ASC 825-10”), which permits entities to choose to measure many financial instruments and certain other items at fair value. Neither of these statements had an impact on the Company’s unaudited condensed consolidated financial position, results of operations or cash flows. The carrying value of cash and cash equivalents, accounts payable and short-term borrowings, as reflected in the balance sheets, approximate fair value because of the short-term maturity of these instruments. Stock-based Compensation The Company records stock-based compensation expense pursuant to ASC 718-10, " Share Based Payment Arrangement Stock-based compensation expense is recognized based on awards expected to vest, and there were no estimated forfeitures as the Company has a short history of issuing options. ASC 718-10 requires forfeitures to be estimated at the time of grant and revised in subsequent periods, if necessary, if actual forfeitures differ from those estimates. Net Loss Per Share The Company has adopted Accounting Standards Codification subtopic 260-10, Earnings Per Share (“ASC 260-10”) which specifies the computation, presentation and disclosure requirements of earnings per share information. Basic earnings per share have been calculated based upon the weighted average number of common shares outstanding. Common equivalent shares are excluded from the computation of the diluted loss per share if their effect would be anti-dilutive. Intangible assets Intangible assets include a patent. With the adoption of FASB ASC Topic 350, “Intangibles”, intangible assets with a definite life are amortized on a straight-line basis. The patent is being amortized over its estimated life of 10 years. Intangible assets with a definite life are tested for impairment whenever events or circumstances indicate that a carrying amount of an asset (asset group) may not be recoverable. An impairment loss would be recognized when the carrying amount of an asset exceeds the estimated undiscounted cash flows used in determining the fair value of the asset. The amount of the impairment loss to be recorded is calculated by the excess of the asset’s carrying value over its fair value. Fair value is generally determined using a discounted cash flow analysis. Costs related to internally develop intangible assets are expensed as incurred. Reclassifications Except for the classification for discontinued operations, certain classifications have been made to the prior year financial statements to conform to the current year presentation. The reclassifications have no impact on the Company’s 2013 Consolidated Statements of Operations and Comprehensive Income and Consolidated Statements of Cash Flows. Recent accounting pronouncements The FASB has issued Accounting Standards Update (“ASU”) No. 2015-01 about Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The objective is to reduce the cost and complexity of income statement presentation by eliminating the concept of extraordinary items while maintaining or improving the usefulness of the information provided to the users of financial statements. The extraordinary items must met two criteria’s: unusual nature and infrequency of occurrence. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either. This amendment will be effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The Board decided to permit early adoption provided that the guidance is applied from the beginning of the fiscal year of adoption. In February 18, 2015, FASB issued ASU 2015-02—Consolidation (Topic 810). The amendments in this Update affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to re-evaluation under the revised consolidation model. Specifically, the amendments: (1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; (2) Eliminate the presumption that a general partner should consolidate a limited partnership; (3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; (4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. The amendments in this Update are effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations. The FASB has issued ASU No. 2015-03 about Simplifying the Presentation of Debt Issuance Costs. The objective is to require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early adoption of the amendments in this Update is permitted for financial statements that have not been previously issued. The FASB has issued ASU No. 2015-05 about Intangibles-Goodwill and Other-Internal-Use Software. The objective is to provide a guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendment will not change GAAP for a customer’s accounting for service contracts. In addition, the guidance in this Update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. For public business entities, the Board decided that the amendments will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. For all other entities, the amendment will be effective for annual periods beginning after December 15, 2015, and interim periods in annual periods beginning after December 15, 2016. Early adoption is permitted for all entities. The FASB has issued ASU No. 2015-06 about Topic 260, Earnings Per Share, which contains guidance that addresses master limited partnerships that originated from Emerging Issues Task Force (EITF) Issue No. 07-4. This amendment in this Update specify that for purposes of calculating historical earnings per unit under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner. In that circumstance, the previously reported earnings per unit of the limited partners (which is typically the earnings per unit measure presented in the financial statements) would not change as a result of the dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs for purposes of computing earnings per unit under the two-class method also are required. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. The FASB has issued ASU No. 2015-07 about Topic 820, Fair Value Measurement, which permits a reporting entity, as a practical expedient, to measure the fair value of certain investments using the net asset value per share of the investment. The amendments in this Update remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments in this Update apply to reporting entities that elect to measure the fair value of an investment within the related scope by using the net asset value per share (or its equivalent) practical expedient. The FASB has issued No. 2015-15“Subtopic 835-30, Interest - Imputation of Interest”: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting. This amendment adds SEC paragraphs pursuant to the SEC Staff Announcement at thereon June 18, 2015, Emerging Issues Task Force meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. The FASB has issued No. 2015-16“Topic 805, Business Combinations”: Simplifying the Accounting for Measurement-Period Adjustments, which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this Update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this Update require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The FASB has issued No. 2015-17“Topic 740, Income Taxes”: Balance Sheet Classification of Deferred Taxes, which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this Update apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this Update. The amendments in this Update will align the presentation of deferred income tax assets and liabilities with International Financial Reporting Standards (IFRS). For public business entities, the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s consolidated financial statements upon adoption.

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 2015
INVENTORY [Text Block]	NOTE 3 – INVENTORY Inventory consists of the following: December 31, 2015 December 31, 2014 Raw Materials – seeds $ - $ - Work in process -vegetables - 58,125 Finished goods - vegetables - 3,514 Finished goods - complete growing systems & parts - 554,226 Reserve for inventory valuation - (554,226 ) $ - $ 61,639

ADVANCED TO SUPPLIERS

ADVANCED TO SUPPLIERS	12 Months Ended
	Dec. 31, 2015
ADVANCED TO SUPPLIERS [Text Block]	NOTE 4 – ADVANCE TO SUPPLIERS Advance to suppliers consist of the following: December 31, 2014 December 31, 2015 Prepayment for fluids and plants - $ 113,924 $ - $ 113,924

PREPAYMENTS

PREPAYMENTS	12 Months Ended
	Dec. 31, 2015
PREPAYMENTS [Text Block]	NOTE 5 – PREPAYMENTS Prepayments consist of the following: December 31, 2015 December 31, 2014 Deductible value-added tax (VAT) $ - 79,952 Prepaid expenses 11,431 346 $ 11,431 $ 80,298

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
PROPERTY, PLANT AND EQUIPMENT [Text Block]	NOTE 6 – PROPERTY, PLANT, AND EQUIPMENT Property, plant, and equipment consist of the following: December 31, 2015 December 31, 2014 Machine and equipment $ - $ 273,789 Furniture and fixtures - 23,455 Leasehold improvements - - Total cost - 297,244 Accumulated depreciation - (297,244 ) $ - $ - Depreciation expenses were $0 and $383,085 for the years ended December 31, 2015 and 2014, respectively.

IMPAIRMENT OF PROPERTY, PLANT,

IMPAIRMENT OF PROPERTY, PLANT, AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
IMPAIRMENT OF PROPERTY, PLANT, AND EQUIPMENT [Text Block]	NOTE 7 – IMPAIRMENT OF PROPERTY, PLANT, AND EQUIPMENT On December 31, 2014, management committed to a plan to abandon the factory that was recorded under property, plant, and equipment. Due to the location and nature of the factory, it is not expected the factory could reasonably generate enough sales proceeds to suffice the cost that have incurred. The Company’s plan is to continue using the factory until February 15, 2015, at which time the factory will be abandoned. The factory, built in 2013 for approximately $1.4 million, was initially assigned a thirty-year estimated useful life. As a result of the commitment to a plan to abandon the factory, the Company has reduced the factory and machinery and equipment’s estimated remaining useful life ended at December 31, 2014 in accordance with ASC 250, and recognized an impairment loss on fixed assets of $3,512,930 based on its carrying value at December 31, 2014. On June 24, 2015, the Company disposed the subsidiaries in Taiwan. Afterwards, there were no property, plant and equipment carry in the Company’s balance sheet and no impairment of property, plant, and equipment were recorded for 2015.

ACCRUED EXPENSES

ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2015
ACCRUED EXPENSES [Text Block]	NOTE 8 – ACCRUED EXPENSES Accrued expenses consist of the following: December 31, 2015 December 31, 2014 Accrued payroll $ 11,355 $ 42,307 Accrued employee benefits and pension expenses 386 31,993 Accrued utilities - 39,242 Accrued professional fees 30,030 949 Accrued taxes - 1,621 Others 1,602 535 $ 43,373 $ 116,647

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2015
RELATED PARTY TRANSACTIONS [Text Block]	NOTE 9 - RELATED PARTY TRANSACTIONS Related party sales The Company had sales to Guangdong Dong Rong Metal Mold Machinery, Co., Ltd., (“Dong Rong”), a company owned by a relative of our director and officer, in an aggregate amount of $0 and $28,552 for the years ended December 31, 2015 and 2014, respectively. Accounts receivable due from Dong Long was $0 and $389,985 as of December 31, 2015 and 2014, respectively. During 2014, the Company purchased wholesale products for resale from Guangdong Dongrong Metal Products, Co., Ltd., a company owned by a relative of our director and major shareholder. The aggregate amount of the purchases was $72,145. Due from related parties The Company’s officers and shareholders have advanced funds to the Company for working capital purposes. The Company has not entered into any agreement on the repayment terms for these advances. As of December 31, 2015 and 2014, there was $191,000 and $2,912 advances outstanding. In 2013, the Company advanced funds bearing interest rate of 8% per annum from a shareholder in an aggregate amount of NTD 28,780,933, or equivalent to $969,630. The Company has repaid both principal and interest during the same year. The interest expense of $60,765 was recorded under other expense from continuing operations before income taxes. As of December 31, 2015 and 2014, $0 and $285,365 was due from a former officer and shareholder, respectively. The balance as of December 31, 2014 amounts $285,365 were repaid in full in the first quarter of 2015.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
INCOME TAXES [Text Block]	NOTE 10 – INCOME TAXES The Company is registered in the State of Nevada and has operations in primarily two tax jurisdictions - Taiwan and the United States. For the operations in the U.S., the Company has incurred net accumulated operating losses for income tax purposes. The Company believes that it is more likely than not that these net accumulated operating losses will not be utilized in the future. Therefore, the Company has provided full valuation allowance for the deferred tax assets arising from the losses in the U.S. as of December 31, 2015 and 2014. Accordingly, the Company has no net deferred tax assets on the U.S. operations. United States of America For the year ended December 31, 2015, the Company had net operating loss carry-forwards of approximately $1,135,598 that may be available to reduce future years’ taxable income through 2035, Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. The provision for Federal income tax consists of the following years ended December 31: 2015 2014 Federal income tax benefit attributable to: Current Operations $ 478,497 $ 185,728 Less: Valuation allowance (478,497 ) (185,728 ) Net provision for Federal income taxes $ - $ - Deferred taxes: The tax effect of temporary differences that give rise to the Company’s deferred tax asset as of December 31, 2015 and 2014 are as follows: U.S: 2015 2014 Deferred tax asset – non-current: Net operating loss carry forward $ 1,135,598 $ 657,101 Valuation allowance (1,135,598 ) (657,101 ) Net deferred tax asset $ - $ - The following is a reconciliation of the statutory tax rate to the effective tax rate for the years ended December 31, 2015 and 2014: 2015 2014 U.S. Federal tax at statutory rate 34% 34% Valuation allowance ( 34%) ( 34%) Foreign income tax- Taiwan 17% 17% Other (a) ( 17%) ( 17%) Effective tax rate 0% 0% (a) Other represents expenses incurred by the Company that are not deductible for Taiwan income taxes and changes in valuation allowance for Taiwanese entities for the years ended December 31, 2015 and 2014.

COMMITTMENTS

COMMITTMENTS	12 Months Ended
	Dec. 31, 2015
COMMITTMENTS [Text Block]	NOTE 11 - COMMITTMENTS Operating Leases The Company leases various office, warehouse, store, and factory facilities under operating leases that expire on various dates through 2020. Rental expense for these leases consisted of approximately $2,078 and $134,000 for the years ended December 31, 2015 and 2014, respectively. Effective June 30, 2015, the Company sold its subsidiaries, Transakt Taiwan Ltd.,Vegfab Agricultural Technology Co. Ltd., and TransAKT Holdings Ltd. (Turks & Caicos), which held the leases. As a result of the disposal the Company has no further lease commitments. Sale-leaseback Transaction: As of December 31, 2015, the Company did not have any sale-leaseback transaction.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Dec. 31, 2015
COMMON STOCK [Text Block]	NOTE 12 – COMMON STOCK On June 21, 2011, the Company issued 55,500,000 shares of its common stock for $0.015 per share to individuals for aggregate gross proceeds of $832,500. On June 21, 2011, the Company converted its outstanding related party notes payable totaling $523,908 into 34,927,218 shares of Common Stock. The deemed price of the shares issued was $0.015. On June 21, 2011, the Company issued an aggregate of 266,667 shares of common stock, at a deemed price of $0.015 per share, to pay $4,000 for services. On May 17, 2012, the Company issued an aggregate of 39,854,567 shares of common stock at a price of $0.03 per share, pursuant to the closing of a private placement, for aggregate gross proceeds of approximately $1,200,000. On June 25, 2012, the Company amended its articles of incorporation to increase the authorized number of shares of common stock from 300,000,000 to 700,000,000 shares of common stock, par value of $0.001 per share. On July 26, 2012, the Company issued 150,000,000 shares of common stock as a part of consideration for acquisition of Vegfab Agricultural Technology Co., Ltd. (Note 10). In July, 2012, the Company issued 18,333,333 shares of common stock to the Company’s president, pursuant to the acquisition of Vegfab Agricultural Technology Co., Ltd. The Company agreed to pay its president share compensation of 10% of the value of the acquisition that he secured for the company. On January 4, 2013, the Company entered into a Share Purchase and Sale Agreement with Mr. Pan Yen Chu pursuant to which the Company sold to Mr. Pan 100% of all issued and outstanding securities of its wholly owned subsidiary Taiwan Halee International Corporation (“HTT”). In consideration of the sale of HTT, Mr. Pan has transferred to the Company 45,000,000 previously issued common voting shares of TransAKT with a deemed value of $0.04 per share or $1.8 million in the aggregate. The transfer of common shares was completed on January 7, 2013. In connection with the sale HTT, the 45,000,000 common shares of the Company received as consideration will be returned to treasury. The 45,000,000 shares constitute approximately 11.5% of the Company’s currently issued and outstanding common stock. On September 16, 2013, the Company issued 140,678,401 shares of common stock to fifty-seven individuals for aggregate proceeds of $9,300,785 at deemed prices as follows: 1. 30,986 shares at US$0.03 per share; 2. 4,017,557 shares at US$0.04 per share; 3. 29,768,176 shares at US$0.045 per share; 4. 21,961,580 shares at US$0.05 per share; 5. 4,525,102 shares at US$0.06 per share; and 6. 80,375,000 shares at US$0.08 per share. The Company paid $500,000 of commission to an individual for the above private placements. On November 26, 2013, the Company issued 69,242,000 shares of common stock to nine individuals for aggregate proceeds of $5,389,360 at deemed prices as follows: 1. 5,000,000 shares at US$0.05 per share; 2. 64,242,000 shares at US$0.08 per share;

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2015
SHARE-BASED COMPENSATION [Text Block]	NOTE 13 – SHARE-BASED COMPENSATION On April 19, 2013, the Company granted to Mr. Christian Nielsen, accounting manager stock options to purchase 1,000,000 of the Company’s common stock for services performed for the Company, at an exercise price of $0.03 per share. The options have a five-year contractual term and are vested at the date of grant. In accordance with the guidance provided in ASC Topic 718, Stock Compensation, the compensation costs associated with these options are recognized, based on the grant-date fair values of these options, over the requisite service period, or vesting period. Accordingly, the Company recognized a compensation expense of $56,643 for the period ended December 31, 2013. The Company estimated the fair value of these options using the Black-Scholes-Merton option pricing model based on the following weighted-average assumptions: Date of grant 19-Apr-13 Fair value of common stock on date of grant (A) $ 0.06 Exercise price of the options $ 0.03 Expected life of the options (years) 2.50 Dividend yield 0.00% Expected volatility 223.57 % Risk-free interest rate 0.27 % Expected forfeiture per year (%) 0.00 % Weighted-average fair value of the options (per unit) $ 0.0566 The fair value of the Company's common stock was obtained from the closing price on the OTC Bulletin (A) Board as of the dates of grant. Fair value hierarchy of the above assumptions can be categorized as follows: (1) Level 1 inputs include: Fair value of common stock on date of grant- Obtained from the closing price of the Company’s common stock quoted on the OTC Bulletin Board as of the date of grant. (2) Level 2 inputs include: Expected volatility- Based on historical volatility of the closing price of the Company’s common stock quoted on the OTC Bulletin Board. Risk-free rate- The risk-free rate of return reflects the interest rate for United States Treasury Note with similar time-to-maturity to that of the options. (3) Level 3 inputs include: Expected lives- The expected lives of options granted were derived from the output of the option valuation model and represented the period of time that options granted are expected to be outstanding. Expected forfeitures per year- The expected forfeitures are estimated at the dates of grant and will be revised in subsequent periods pursuant to actual forfeitures, if significantly different from the previous estimates. The estimates of fair value from the model are theoretical values of stock options and changes in the assumptions used in the model could result in materially different fair value estimates. The actual value of the stock options will depend on the market value of the Company’s common stock when the stock options are exercised. Options issued and outstanding as of December 31, 2015 and their activities during the twelve months then ended are as follows: Weighted-Average Number of Weighted-Average Contractual Life Underlying Exercise Price Per Remaining in Shares Share Years Outstanding as of January 1, 2015 - $ - Granted 1,000,000 0.03 Expired - - Forfeited - - Outstanding as of December 31, 2015 1,000,000 0.03 2.7 Exercisable as of December 31, 2015 1,000,000 0.03 2.7 Vested and expected to vest 1,000,000 0.03 2.7 As of December 31, 2015, the aggregate intrinsic value of options outstanding was $7,198.

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Dec. 31, 2015
NON-CONTROLLING INTEREST [Text Block]	NOTE 14 – NON-CONTROLLING INTEREST On October 30, 2013, the Company invested a subsidiary, TransAKT H.K. The Company has a 60% interest and Million Talented Ltd. holds a 40% interest. During 2015, Million Talented Ltd. transferred the 40% TransAKT H.K. back to the Company. The Company recorded a gain on non-controlled interest written-off and non-controlling interest was no longer exist. December 31, 2015 December 31, 2014 Beginning Balance $ (12,930 ) $ (10,244 ) Formation of subsidiary - - Net loss attributed to non-controlling interest - (2,170 ) Other comprehensive income attributable to non-controlling interest - (516 ) Gain on written-off of non-controlling interest 12,930 - $ - $ (12,930 )

BUSINESS ACQUSITION AND DISPOSA

BUSINESS ACQUSITION AND DISPOSAL	12 Months Ended
	Dec. 31, 2015
BUSINESS ACQUSITION AND DISPOSAL [Text Block]	NOTE 15 – BUSINESS ACQUSITION AND DISPOSAL On July 26, 2012, TransAKT Ltd. acquired 100% of the equity interests of the Vegfab Agricultural Technology Co. Ltd. (the “Vegfab”) for for the sum of US$5,500,000. The purchase price is being paid by the delivery to Vegfab of: (i) US$1,000,000 in cash; and (ii) 150,000,000 common voting shares issued by TransAKT Ltd., with a deemed value of US$0.03 per share. The acquisition was accounted for as a business combination under the purchase method of accounting. Vegfab’s results of operations were included in the Company’s results beginning July 27, 2012. The purchase price has been allocated to the assets acquired and the liabilities assumed based on their fair value at the acquisition date as summarized in the following: Purchase price $ 5,500,000 Allocation of the purchase price: Cash and cash equivalents 9,468 Accounts receivable, net 21,929 Inventory 107,267 Due from related party 187,912 Prepaid expenses 343,019 Property, plant, and equipment, net 313,586 Other assets 8,300 Short-term loan (126,971 ) Accounts payable (97,084 ) Advance from customers (265,090 ) Capital lease obligation (166,075 ) Fair value of net assets acquired 336,261 Goodwill $ 5,163,739 Vegfab contributed net revenues of $335,164 and $195,323, and net loss of $3,559,087 and $483,330 for the year ended December 31, 2013 and for the period from July 27, 2012 through December 31, 2012, respectively. In 2013, the Company recorded a goodwill write-down of $5,163,739, which eliminated all remaining goodwill of the Company. Goodwill was determined to have been impaired because of the current financial condition of the Company and the Company’s inability to generate future operating income without substantial sales volume increases, which are highly uncertain. Furthermore, the Company’s anticipated future cash flows indicate that the recoverability of goodwill is not reasonably assured. The goodwill write-down was included as a component of operating expense in 2013. On June 24, 2015, the Company disposed the investments on the above subsidiaries, TransAKT Taiwan Ltd. and Vegfab Agricultural Technology Co. The Company received $100,000 and got rid of all assets and liabilities from these subsidiaries. Since these subsidiaries provided negative equity of $1,183,275, the Company recorded $1,283,275 gain on disposal of investment. On June 24, 2015, the company also disposed another investment with a prepaid deposit of $1,000,000. This investment became valueless and was fully written-off with $1,000,000 loss on disposal of investment.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
SUBSEQUENT EVENTS [Text Block]	NOTE 16 – SUBSEQUENT EVENTS The Company evaluated all events or transactions that occurred after December 31, 2015 up through the date the Company issued these financial statements, there were no material subsequent events that were required to make disclosure.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Principles of Consolidation [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of TransAKT (BVI) Limited and its wholly owned subsidiaries, TransAKT Bio Agritech Ltd., collectively referred to within as the Company. All material intercompany accounts, transactions, and profits have been eliminated in consolidation.
Disposal of subsidiaries [Policy Text Block]	Disposal of subsidiaries Certain prior period amounts have been reclassified in these consolidated financial statements to reflect the disposal of the subsidiaries, TransAKT Holding Limited and TransAKT Taiwan Limited, and their related assets and liabilities.
Going Concern [Policy Text Block]	Going Concern The Company has incurred a net loss of $302,934 and $7,091,193 during the years ended December 31, 2015 and 2014, respectively, and has an accumulated deficit of $21,830,086 and $21,514,222 as of December 31, 2015 and December 31, 2014, respectively. The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. This basis of accounting contemplates the recovery of the Company’s assets and the satisfaction of liabilities in the normal course of business. This presentation presumes funds will be available to finance ongoing research and development, operations and capital expenditures and permit the realization of assets and the payment of liabilities in the normal course of operations for the foreseeable future. The ability of the Company to continue research and development projects and realize the capitalized value of proprietary technologies and related assets is dependent upon future commercial success of the technologies and raising sufficient funds to continue research and development as well as to effectively market its products. Through December 31, 2015, the Company has not realized commercial success of the technologies, nor have they raised sufficient funds to continue research and development or to market its products. There can be no assurances that there will be adequate financing available to the Company and the consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty. The Company has taken certain restructuring steps to provide the necessary capital to continue its operations. These steps included: (1) Tightly budgeting and controlling all expenses; (2) Expanding the company’s operations into China, expanding product lines and recruiting a strong sales team to significantly increase sales revenue and profit in 2015; (3) The Company plans to continue actively seeing additional funding opportunities to improve and expand upon our product lines.
Use of Estimates [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States (“GAAP”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Revenue Recognition [Policy Text Block]	Revenue Recognition Revenues are recognized when finished products are shipped to customers and both title and the risks and rewards of ownership are transferred and collectability is reasonably assured. The Company’s revenues are recorded upon confirmed acceptance after inspection by the customers of the Company.
Exchange Gain (Loss) [Policy Text Block]	Exchange Gain (Loss): During the years ended December 31, 2015 and 2014, the transactions of TransAKT Bio Agritech Ltd. were denominated in foreign currency and were recorded in Hong Kong Dollar (HKD) at the rates of exchange in effect when the transactions occur. Exchange gains and losses are recognized for the different foreign exchange rates applied when the foreign currency assets and liabilities are settled.
Translation Adjustment [Policy Text Block]	Translation Adjustment The Company financial statements are presented in the U.S. dollar ($), which is the Company’s reporting currency, while its functional currency is Hong Kong Dollar (HKD). Transactions in foreign currencies are initially recorded at the functional currency rate ruling at the date of transaction. Any differences between the initially recorded amount and the settlement amount are recorded as a gain or loss on foreign currency transaction in the consolidated statements of income. Monetary assets and liabilities denominated in foreign currency are translated at the functional currency rate of exchange ruling at the balance sheet date. Any differences are taken to profit or loss as a gain or loss on foreign currency translation in the statements of income. In accordance with ASC 830, Foreign Currency Matters, the Company translates the assets and liabilities into U.S. dollar ($) using the rate of exchange prevailing at the balance sheet date and the statements of operations and cash flows are translated at an average rate during the reporting period. Adjustments resulting from the translation from HKD into U.S. dollar are recorded in stockholders’ equity as part of accumulated other comprehensive income.
Comprehensive Income [Policy Text Block]	Comprehensive Income Comprehensive income includes accumulated foreign currency translation gains and losses. The Company has reported the components of comprehensive income on its statements of stockholders’ equity.
Advertising [Policy Text Block]	Advertising Advertising expenses consist primarily of costs of promotion for corporate image and product marketing and costs of direct advertising. The Company expenses all advertising costs as incurred.
Income Taxes [Policy Text Block]	Income Taxes The Company accounts for income taxes in accordance with ASC 740, Income Taxes, which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when, in the opinion of management, it is more likely than not that some or all of any deferred tax assets will not be realized.
Statement of Cash Flows [Policy Text Block]	Statement of Cash Flows In accordance with generally accepted accounting principles (GAAP), cash flows from the Company's operations are based upon the local currencies. 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 sheet.
Concentration of Credit Risk [Policy Text Block]	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk are accounts receivable and other receivables arising from its normal business activities. The Company has a diversified customer base. The Company controls credit risk related to accounts receivable through credit approvals, credit limits and monitoring procedures. The Company routinely assesses the financial strength of its customers and, based upon factors surrounding the credit risk, establishes an allowance, if required, for un-collectible accounts and, as a consequence, believes that its accounts receivable credit risk exposure beyond such allowance is limited.
Cash and Cash Equivalents [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents include cash in hand and cash in time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less.
Allowance for Doubtful Accounts [Policy Text Block]	Allowance for Doubtful Accounts The Company maintains reserves for potential credit losses on accounts receivable and other receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves. Allowance for doubtful debts amounted to $0 and $30,459 as at December 31, 2015 and December 31, 2014, respectively.
Inventory [Policy Text Block]	Inventory Inventories are valued at the lower of cost (determined on a weighted average basis) or market. The Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower. As of December 31, 2015, no inventory was recorded. As of December 31, 2014, inventory consisted of raw materials, work-in-process, and finished goods.
Property, Plant & Equipment [Policy Text Block]	Property, Plant & Equipment Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives of: Furniture and Fixtures 3 - 5 years Machine and equipment 3 - 10 years Computer Hardware and Software 3 - 5 years Automobile 3 - 5 years Leasehold improvement 30 years The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statements of operations. The cost of maintenance and repairs is charged to expenses as incurred, whereas significant renewals and betterments are capitalized. Long-term assets of the Company are reviewed annually as to whether their carrying value has become impaired, pursuant to the guidelines established in FASB ASC Topic 360, “Property, Plant, and Equipment” The Company also re-evaluates the periods of amortization to determine whether subsequent events and circumstances warrant revised estimates of useful lives.
Fair Value of Financial Instruments [Policy Text Block]	Fair Value of Financial Instruments In the first quarter of fiscal year 2008, the Company adopted Accounting Standards Codification subtopic 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”). ASC 820-10 defines fair value, establishes a framework for measuring fair value, and enhances fair value measurement disclosure. ASC 820-10 delays, until the first quarter of fiscal year 2009, the effective date for ASC 820-10 for all non-financial assets and non-financial liabilities, except those that are recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). The adoption of ASC 820-10 did not have a material impact on the Company’s financial position or operations. Effective October 1, 2008, the Company adopted Accounting Standards Codification subtopic 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”) and Accounting Standards Codification subtopic 825-10, Financial Instruments (“ASC 825-10”), which permits entities to choose to measure many financial instruments and certain other items at fair value. Neither of these statements had an impact on the Company’s unaudited condensed consolidated financial position, results of operations or cash flows. The carrying value of cash and cash equivalents, accounts payable and short-term borrowings, as reflected in the balance sheets, approximate fair value because of the short-term maturity of these instruments.
Stock-based Compensation [Policy Text Block]	Stock-based Compensation The Company records stock-based compensation expense pursuant to ASC 718-10, " Share Based Payment Arrangement Stock-based compensation expense is recognized based on awards expected to vest, and there were no estimated forfeitures as the Company has a short history of issuing options. ASC 718-10 requires forfeitures to be estimated at the time of grant and revised in subsequent periods, if necessary, if actual forfeitures differ from those estimates.
Net Loss Per Share [Policy Text Block]	Net Loss Per Share The Company has adopted Accounting Standards Codification subtopic 260-10, Earnings Per Share (“ASC 260-10”) which specifies the computation, presentation and disclosure requirements of earnings per share information. Basic earnings per share have been calculated based upon the weighted average number of common shares outstanding. Common equivalent shares are excluded from the computation of the diluted loss per share if their effect would be anti-dilutive.
Intangible Assets [Policy Text Block]	Intangible assets Intangible assets include a patent. With the adoption of FASB ASC Topic 350, “Intangibles”, intangible assets with a definite life are amortized on a straight-line basis. The patent is being amortized over its estimated life of 10 years. Intangible assets with a definite life are tested for impairment whenever events or circumstances indicate that a carrying amount of an asset (asset group) may not be recoverable. An impairment loss would be recognized when the carrying amount of an asset exceeds the estimated undiscounted cash flows used in determining the fair value of the asset. The amount of the impairment loss to be recorded is calculated by the excess of the asset’s carrying value over its fair value. Fair value is generally determined using a discounted cash flow analysis. Costs related to internally develop intangible assets are expensed as incurred.
Reclassifications [Policy Text Block]	Reclassifications Except for the classification for discontinued operations, certain classifications have been made to the prior year financial statements to conform to the current year presentation. The reclassifications have no impact on the Company’s 2013 Consolidated Statements of Operations and Comprehensive Income and Consolidated Statements of Cash Flows.
Recent Accounting Pronouncements [Policy Text Block]	Recent accounting pronouncements The FASB has issued Accounting Standards Update (“ASU”) No. 2015-01 about Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The objective is to reduce the cost and complexity of income statement presentation by eliminating the concept of extraordinary items while maintaining or improving the usefulness of the information provided to the users of financial statements. The extraordinary items must met two criteria’s: unusual nature and infrequency of occurrence. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either. This amendment will be effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The Board decided to permit early adoption provided that the guidance is applied from the beginning of the fiscal year of adoption. In February 18, 2015, FASB issued ASU 2015-02—Consolidation (Topic 810). The amendments in this Update affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to re-evaluation under the revised consolidation model. Specifically, the amendments: (1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; (2) Eliminate the presumption that a general partner should consolidate a limited partnership; (3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; (4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. The amendments in this Update are effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations. The FASB has issued ASU No. 2015-03 about Simplifying the Presentation of Debt Issuance Costs. The objective is to require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early adoption of the amendments in this Update is permitted for financial statements that have not been previously issued. The FASB has issued ASU No. 2015-05 about Intangibles-Goodwill and Other-Internal-Use Software. The objective is to provide a guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendment will not change GAAP for a customer’s accounting for service contracts. In addition, the guidance in this Update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. For public business entities, the Board decided that the amendments will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. For all other entities, the amendment will be effective for annual periods beginning after December 15, 2015, and interim periods in annual periods beginning after December 15, 2016. Early adoption is permitted for all entities. The FASB has issued ASU No. 2015-06 about Topic 260, Earnings Per Share, which contains guidance that addresses master limited partnerships that originated from Emerging Issues Task Force (EITF) Issue No. 07-4. This amendment in this Update specify that for purposes of calculating historical earnings per unit under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner. In that circumstance, the previously reported earnings per unit of the limited partners (which is typically the earnings per unit measure presented in the financial statements) would not change as a result of the dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs for purposes of computing earnings per unit under the two-class method also are required. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. The FASB has issued ASU No. 2015-07 about Topic 820, Fair Value Measurement, which permits a reporting entity, as a practical expedient, to measure the fair value of certain investments using the net asset value per share of the investment. The amendments in this Update remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments in this Update apply to reporting entities that elect to measure the fair value of an investment within the related scope by using the net asset value per share (or its equivalent) practical expedient. The FASB has issued No. 2015-15“Subtopic 835-30, Interest - Imputation of Interest”: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting. This amendment adds SEC paragraphs pursuant to the SEC Staff Announcement at thereon June 18, 2015, Emerging Issues Task Force meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. The FASB has issued No. 2015-16“Topic 805, Business Combinations”: Simplifying the Accounting for Measurement-Period Adjustments, which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this Update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this Update require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The FASB has issued No. 2015-17“Topic 740, Income Taxes”: Balance Sheet Classification of Deferred Taxes, which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this Update apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this Update. The amendments in this Update will align the presentation of deferred income tax assets and liabilities with International Financial Reporting Standards (IFRS). For public business entities, the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s consolidated financial statements upon adoption.

SUMMARY OF SIGNIFICANT ACCOUN24

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Depreciation Computed On Straight-line Method Over Estimated Useful Life [Table Text Block]	Furniture and Fixtures 3 - 5 years Machine and equipment 3 - 10 years Computer Hardware and Software 3 - 5 years Automobile 3 - 5 years Leasehold improvement 30 years

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Inventory, Current [Table Text Block]	December 31, 2015 December 31, 2014 Raw Materials – seeds $ - $ - Work in process -vegetables - 58,125 Finished goods - vegetables - 3,514 Finished goods - complete growing systems & parts - 554,226 Reserve for inventory valuation - (554,226 ) $ - $ 61,639

ADVANCED TO SUPPLIERS (Tables)

ADVANCED TO SUPPLIERS (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Advance to Suppliers [Table Text Block]	December 31, 2014 December 31, 2015 Prepayment for fluids and plants - $ 113,924 $ - $ 113,924

PREPAYMENTS (Tables)

PREPAYMENTS (Tables)	12 Months Ended
	Dec. 31, 2015
Prepayments [Table Text Block]	December 31, 2015 December 31, 2014 Deductible value-added tax (VAT) $ - 79,952 Prepaid expenses 11,431 346 $ 11,431 $ 80,298

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Property, Plant and Equipment [Table Text Block]	December 31, 2015 December 31, 2014 Machine and equipment $ - $ 273,789 Furniture and fixtures - 23,455 Leasehold improvements - - Total cost - 297,244 Accumulated depreciation - (297,244 ) $ - $ -

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Accrued Expenses [Table Text Block]	December 31, 2015 December 31, 2014 Accrued payroll $ 11,355 $ 42,307 Accrued employee benefits and pension expenses 386 31,993 Accrued utilities - 39,242 Accrued professional fees 30,030 949 Accrued taxes - 1,621 Others 1,602 535 $ 43,373 $ 116,647

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2015 2014 Federal income tax benefit attributable to: Current Operations $ 478,497 $ 185,728 Less: Valuation allowance (478,497 ) (185,728 ) Net provision for Federal income taxes $ - $ -
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	U.S: 2015 2014 Deferred tax asset – non-current: Net operating loss carry forward $ 1,135,598 $ 657,101 Valuation allowance (1,135,598 ) (657,101 ) Net deferred tax asset $ - $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2015 2014 U.S. Federal tax at statutory rate 34% 34% Valuation allowance ( 34%) ( 34%) Foreign income tax- Taiwan 17% 17% Other (a) ( 17%) ( 17%) Effective tax rate 0% 0%

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Date of grant 19-Apr-13 Fair value of common stock on date of grant (A) $ 0.06 Exercise price of the options $ 0.03 Expected life of the options (years) 2.50 Dividend yield 0.00% Expected volatility 223.57 % Risk-free interest rate 0.27 % Expected forfeiture per year (%) 0.00 % Weighted-average fair value of the options (per unit) $ 0.0566
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Weighted-Average Number of Weighted-Average Contractual Life Underlying Exercise Price Per Remaining in Shares Share Years Outstanding as of January 1, 2015 - $ - Granted 1,000,000 0.03 Expired - - Forfeited - - Outstanding as of December 31, 2015 1,000,000 0.03 2.7 Exercisable as of December 31, 2015 1,000,000 0.03 2.7 Vested and expected to vest 1,000,000 0.03 2.7

NON-CONTROLLING INTEREST (Table

NON-CONTROLLING INTEREST (Tables)	12 Months Ended
	Dec. 31, 2015
Non-controlling Interest [Table Text Block]	December 31, 2015 December 31, 2014 Beginning Balance $ (12,930 ) $ (10,244 ) Formation of subsidiary - - Net loss attributed to non-controlling interest - (2,170 ) Other comprehensive income attributable to non-controlling interest - (516 ) Gain on written-off of non-controlling interest 12,930 - $ - $ (12,930 )

BUSINESS ACQUSITION AND DISPO33

BUSINESS ACQUSITION AND DISPOSAL (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Assets and Liabilities Acquired from Business Combination [Table Text Block]	Purchase price $ 5,500,000 Allocation of the purchase price: Cash and cash equivalents 9,468 Accounts receivable, net 21,929 Inventory 107,267 Due from related party 187,912 Prepaid expenses 343,019 Property, plant, and equipment, net 313,586 Other assets 8,300 Short-term loan (126,971 ) Accounts payable (97,084 ) Advance from customers (265,090 ) Capital lease obligation (166,075 ) Fair value of net assets acquired 336,261 Goodwill $ 5,163,739

ORGANIZATION (Narrative) (Detai

ORGANIZATION (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Organization 1	100.00%
Organization 2 | shares	102,645,120
Organization 3 | shares	300,000,000
Organization 4 | $ / shares	$ 0.001
Organization 5 | shares	200,000,000
Organization 6 | $ / shares	$ 0.001
Organization 7	100.00%
Organization 8	100.00%
Organization 9	45,000,000
Organization 10 | $ / shares	$ 0.04
Organization 11 | $	$ 1,800,000
Organization 12	50.00%
Organization 13 | $	$ 516
Organization 14	4,000
Organization 15	40.00%

SUMMARY OF SIGNIFICANT ACCOUN35

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)yr
Summary Of Significant Accounting Policies 1	$ 302,934
Summary Of Significant Accounting Policies 2	7,091,193
Summary Of Significant Accounting Policies 3	21,830,086
Summary Of Significant Accounting Policies 4	21,514,222
Summary Of Significant Accounting Policies 5	0
Summary Of Significant Accounting Policies 6	$ 30,459
Summary Of Significant Accounting Policies 7 | yr	10

PROPERTY, PLANT AND EQUIPMENT36

PROPERTY, PLANT AND EQUIPMENT (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Property, Plant And Equipment 1	$ 0
Property, Plant And Equipment 2	$ 383,085

IMPAIRMENT OF PROPERTY, PLANT37

IMPAIRMENT OF PROPERTY, PLANT, AND EQUIPMENT (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Impairment Of Property, Plant, And Equipment 1	$ 1,400,000
Impairment Of Property, Plant, And Equipment 2	$ 3,512,930

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Related Party Transactions 1	$ 0
Related Party Transactions 2	28,552
Related Party Transactions 3	0
Related Party Transactions 4	389,985
Related Party Transactions 5	72,145
Related Party Transactions 6	191,000
Related Party Transactions 7	$ 2,912
Related Party Transactions 8	8.00%
Related Party Transactions 9	28,780,933
Related Party Transactions 10	$ 969,630
Related Party Transactions 11	60,765
Related Party Transactions 12	0
Related Party Transactions 13	285,365
Related Party Transactions 14	$ 285,365

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Income Taxes 1	$ 1,135,598

COMMITTMENTS (Narrative) (Detai

COMMITTMENTS (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Committments 1	$ 2,078
Committments 2	$ 134,000

COMMON STOCK (Narrative) (Detai

COMMON STOCK (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Common Stock 1	55,500,000
Common Stock 2 | $ / shares	$ 0.015
Common Stock 3 | $	$ 832,500
Common Stock 4 | $	$ 523,908
Common Stock 5	34,927,218
Common Stock 6 | $	$ 0.015
Common Stock 7	266,667
Common Stock 8 | $ / shares	$ 0.015
Common Stock 9 | $	$ 4,000
Common Stock 10	39,854,567
Common Stock 11 | $ / shares	$ 0.03
Common Stock 12 | $	$ 1,200,000
Common Stock 13	300,000,000
Common Stock 14	700,000,000
Common Stock 15 | $ / shares	$ 0.001
Common Stock 16	150,000,000
Common Stock 17	18,333,333
Common Stock 18	10.00%
Common Stock 19	100.00%
Common Stock 20	45,000,000
Common Stock 21 | $ / shares	$ 0.04
Common Stock 22 | $	$ 1,800,000
Common Stock 23	45,000,000
Common Stock 24	45,000,000
Common Stock 25	11.50%
Common Stock 26	140,678,401
Common Stock 27 | $	$ 9,300,785
Common Stock 28	30,986
Common Stock 29 | $ / shares	$ 0.03
Common Stock 30	4,017,557
Common Stock 31 | $ / shares	$ 0.04
Common Stock 32	29,768,176
Common Stock 33 | $ / shares	$ 0.045
Common Stock 34	21,961,580
Common Stock 35 | $ / shares	$ 0.05
Common Stock 36	4,525,102
Common Stock 37 | $ / shares	$ 0.06
Common Stock 38	80,375,000
Common Stock 39 | $ / shares	$ 0.08
Common Stock 40 | $	$ 500,000
Common Stock 41	69,242,000
Common Stock 42 | $	$ 5,389,360
Common Stock 43	5,000,000
Common Stock 44 | $ / shares	$ 0.05
Common Stock 45	64,242,000
Common Stock 46 | $ / shares	$ 0.08

SHARE-BASED COMPENSATION (Narra

SHARE-BASED COMPENSATION (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)$ / shares
Share-based Compensation 1	1,000,000
Share-based Compensation 2 | $ / shares	$ 0.03
Share-based Compensation 3	$ 56,643
Share-based Compensation 4	$ 7,198

NON-CONTROLLING INTEREST (Narra

NON-CONTROLLING INTEREST (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015
Non-controlling Interest 1	60.00%
Non-controlling Interest 2	40.00%
Non-controlling Interest 3	40.00%

BUSINESS ACQUSITION AND DISPO44

BUSINESS ACQUSITION AND DISPOSAL (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)$ / shares
Business Acqusition And Disposal 1	100.00%
Business Acqusition And Disposal 2	$ 5,500,000
Business Acqusition And Disposal 3	$ 1,000,000
Business Acqusition And Disposal 4	150,000,000
Business Acqusition And Disposal 5 | $ / shares	$ 0.03
Business Acqusition And Disposal 6	$ 335,164
Business Acqusition And Disposal 7	195,323
Business Acqusition And Disposal 8	3,559,087
Business Acqusition And Disposal 9	483,330
Business Acqusition And Disposal 10	5,163,739
Business Acqusition And Disposal 11	100,000
Business Acqusition And Disposal 12	1,183,275
Business Acqusition And Disposal 13	1,283,275
Business Acqusition And Disposal 14	1,000,000
Business Acqusition And Disposal 15	$ 1,000,000

Schedule of Depreciation Comput

Schedule of Depreciation Computed On Straight-line Method Over Estimated Useful Life (Details)	12 Months Ended
	Dec. 31, 2015yr
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 1	3
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 2	5
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 3	3
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 4	10
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 5	3
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 6	5
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 7	3
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 8	5
Summary Of Significant Accounting Policies Schedule Of Depreciation Computed On Straight-line Method Over Estimated Useful Life 9	30

Schedule of Inventory, Current

Schedule of Inventory, Current (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Inventory Schedule Of Inventory, Current 1	$ 0
Inventory Schedule Of Inventory, Current 2	0
Inventory Schedule Of Inventory, Current 3	0
Inventory Schedule Of Inventory, Current 4	58,125
Inventory Schedule Of Inventory, Current 5	0
Inventory Schedule Of Inventory, Current 6	3,514
Inventory Schedule Of Inventory, Current 7	0
Inventory Schedule Of Inventory, Current 8	554,226
Inventory Schedule Of Inventory, Current 9	0
Inventory Schedule Of Inventory, Current 10	(554,226)
Inventory Schedule Of Inventory, Current 11	0
Inventory Schedule Of Inventory, Current 12	$ 61,639

Schedule of Advance to Supplier

Schedule of Advance to Suppliers (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Advanced To Suppliers Schedule Of Advance To Suppliers 1	$ 0
Advanced To Suppliers Schedule Of Advance To Suppliers 2	113,924
Advanced To Suppliers Schedule Of Advance To Suppliers 3	0
Advanced To Suppliers Schedule Of Advance To Suppliers 4	$ 113,924

Prepayments (Details)

Prepayments (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Prepayments Prepayments 1	$ 0
Prepayments Prepayments 2	79,952
Prepayments Prepayments 3	11,431
Prepayments Prepayments 4	346
Prepayments Prepayments 5	11,431
Prepayments Prepayments 6	$ 80,298

Schedule of Property, Plant and

Schedule of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 1	$ 2,014
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 2	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 3	273,789
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 4	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 5	23,455
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 6	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 7	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 8	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 9	297,244
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 10	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 11	(297,244)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 12	0
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 13	$ 0

Schedule of Accrued Expenses (D

Schedule of Accrued Expenses (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Accrued Expenses Schedule Of Accrued Expenses 1	$ 11,355
Accrued Expenses Schedule Of Accrued Expenses 2	42,307
Accrued Expenses Schedule Of Accrued Expenses 3	386
Accrued Expenses Schedule Of Accrued Expenses 4	31,993
Accrued Expenses Schedule Of Accrued Expenses 5	0
Accrued Expenses Schedule Of Accrued Expenses 6	39,242
Accrued Expenses Schedule Of Accrued Expenses 7	30,030
Accrued Expenses Schedule Of Accrued Expenses 8	949
Accrued Expenses Schedule Of Accrued Expenses 9	0
Accrued Expenses Schedule Of Accrued Expenses 10	1,621
Accrued Expenses Schedule Of Accrued Expenses 11	1,602
Accrued Expenses Schedule Of Accrued Expenses 12	535
Accrued Expenses Schedule Of Accrued Expenses 13	43,373
Accrued Expenses Schedule Of Accrued Expenses 14	$ 116,647

Schedule of Components of Incom

Schedule of Components of Income Tax Expense (Benefit) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Income Taxes Schedule Of Federal Income Tax 1	$ 478,497
Income Taxes Schedule Of Federal Income Tax 2	185,728
Income Taxes Schedule Of Federal Income Tax 3	(478,497)
Income Taxes Schedule Of Federal Income Tax 4	(185,728)
Income Taxes Schedule Of Federal Income Tax 5	0
Income Taxes Schedule Of Federal Income Tax 6	$ 0

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets and Liabilities (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Income Taxes Schedule Of Deferred Tax Assets And Liabilities 1	$ 1,135,598
Income Taxes Schedule Of Deferred Tax Assets And Liabilities 2	657,101
Income Taxes Schedule Of Deferred Tax Assets And Liabilities 3	(1,135,598)
Income Taxes Schedule Of Deferred Tax Assets And Liabilities 4	(657,101)
Income Taxes Schedule Of Deferred Tax Assets And Liabilities 5	0
Income Taxes Schedule Of Deferred Tax Assets And Liabilities 6	$ 0

Schedule of Effective Income Ta

Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2015
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 1	34.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 2	34.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 3	34.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 4	34.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 5	17.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 6	17.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 7	17.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 8	17.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 9	0.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 10	0.00%

Schedule of Share-based Payment

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Details)	12 Months Ended
	Dec. 31, 2015
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 1	0.06
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 2	0.03
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 3	2.50
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 4	0.00%
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 5	223.57
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 6	0.27
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 7	0
Share-based Compensation Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 8	0.0566

Schedule of Share-based Compens

Schedule of Share-based Compensation, Stock Options, Activity (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 1	$ 0
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 2	0
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 3	$ 1,000,000
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 4	0.03
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 5	$ 0
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 6	0
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 7	0
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 8	0
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 9	$ 1,000,000
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 10	0.03
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 11	2.7
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 12	$ 1,000,000
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 13	0.03
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 14	2.7
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 15	$ 1,000,000
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 16	0.03
Share-based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 17	2.7

Non-controlling Interest (Detai

Non-controlling Interest (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Non-controlling Interest Non-controlling Interest 1	$ (12,930)
Non-controlling Interest Non-controlling Interest 2	(10,244)
Non-controlling Interest Non-controlling Interest 3	0
Non-controlling Interest Non-controlling Interest 4	0
Non-controlling Interest Non-controlling Interest 5	0
Non-controlling Interest Non-controlling Interest 6	(2,170)
Non-controlling Interest Non-controlling Interest 7	0
Non-controlling Interest Non-controlling Interest 8	(516)
Non-controlling Interest Non-controlling Interest 9	12,930
Non-controlling Interest Non-controlling Interest 10	0
Non-controlling Interest Non-controlling Interest 11	0
Non-controlling Interest Non-controlling Interest 12	$ (12,930)

Schedule of Assets and Liabilit

Schedule of Assets and Liabilities Acquired from Business Combination (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 1	$ 5,500,000
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 2	9,468
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 3	21,929
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 4	107,267
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 5	187,912
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 6	343,019
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 7	313,586
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 8	8,300
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 9	(126,971)
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 10	(97,084)
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 11	(265,090)
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 12	(166,075)
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 13	336,261
Business Acqusition And Disposal Schedule Of Assets And Liabilities Acquired From Business Combination 14	$ 5,163,739