ForceField Energy (FNRG) 10-Q 20 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	16-May-14
Document And Entity Information	'	'
Entity Registrant Name	'ForceField Energy Inc.	'
Entity Central Index Key	'0001407268	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	16,055,600
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
ASSETS	'	'
Cash and cash equivalents	$2,451,146	$3,681,125
Accounts receivable, net	397,446	276,996
Inventory	92,644	28,944
Prepaid expenses and other current assets	357,569	139,229
Current assets of discontinued operations held for sale	'	2,963,527
Total current assets	3,298,805	7,089,821
Property, plant and equipment	21,824	7,073
Goodwill	229,850	'
Intangible assets, net	1,944,508	2,009,892
Other assets	103,769	91,632
Noncurrent assets of discontinued operations held for sale	'	11,170,108
Total assets	5,598,756	20,368,526
LIABILITIES AND SHAREHOLDERS EQUITY	'	'
Accounts payable	404,308	379,957
Accrued liabilities	428,407	472,763
Convertible debentures, net-current	100,000	100,000
Income taxes payable	29,878	1,974
Current liabilities of discontinued operations held for sale	'	11,426,567
Total current liabilities	962,593	12,381,261
Convertible debenture, net of loan discount	1,960,542	1,685,868
Deferred tax liabilities, net - non-current	418,404	418,404
Other noncurrent liabilities	45,355	45,337
Noncurrent liabilities of discontinued operations held for sale	'	1,324,226
Total liabilities	3,386,894	15,855,096
Commitments and contingencies	'	'
Equity:	'	'
Preferred stock, $0.001 par value. 12,500,000 shares authorized; zero shares issued and outstanding	'	'
Common stock, $0.001 par value. 37,500,000 shares authorized; 17,058,616 and 17,033,531 issued and outstanding as of March 31, 2014 and December 31, 2013, respectively	17,059	17,034
Common stock held in treasury, at cost, 1,462,097 shares and nil held at March 31,2014 and December 31, 2013, respectively	-1,166,071	'
Additional paid-in capital	16,922,918	16,762,527
Accumulated deficit	-13,693,717	-12,683,134
Accumulated other comprehensive income	20,107	416,575
Total ForceField Energy Inc. stockholders' equity	2,100,296	4,513,002
Noncontrolling interests	111,566	428
Total shareholders equity	2,211,862	4,513,430
Total liabilities and shareholders equity	$5,598,756	$20,368,526

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Equity:	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized shares	12,500,000	12,500,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value	$0.00	$0.00
Common stock, authorized shares	37,500,000	37,500,000
Common stock, issued shares	17,058,616	17,033,531
Common stock, outstanding shares	17,058,616	17,033,531
Treasury Common stock held	1,462,097	0

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]	'	'
Sales	$183,565	$231,954
Cost of goods sold	185,546	219,317
Gross margin	-1,981	12,637
Operating expenses:	'	'
Selling and marketing	34,588	30,254
General and administrative	723,037	354,763
Professional fees	165,281	189,576
Loss from divestment of business	30,001	'
Total operating expenses	952,907	574,503
Loss from continuing operations before other income (expense) and income taxes	-954,888	-561,866
Other income (expense)	'	'
Interest expense, net	-82,882	-4,419
Total other income (expense)	-82,882	-4,419
Loss from continuing operations before income taxes	-1,037,770	-566,285
Provision for income taxes (benefit)	28,722	-40,313
Net loss from continuing operations	-1,066,492	-525,972
Discontinued operations, net of income taxes	40,631	-238,593
Net loss	-1,025,861	-764,565
Less: Net income (loss) attributable to noncontrolling interests	-15,278	-116,863
Net loss attributable to ForceField Energy Inc. common shareholders	-1,010,583	-647,702
Amounts attributable to ForceField Energy Inc. common stockholders: Continuing operations, net of income taxes	-1,051,214	-409,109
Amounts attributable to ForceField Energy Inc. common stockholders: Discontinued operations, net of income taxes	40,631	-238,593
Net loss attributable to ForceField Energy Inc. common stockholders	-1,010,583	-647,702
Basic and diluted loss per share: Continuing operations	($0.06)	($0.03)
Basic and diluted loss per share: Discontinued operations	$0	($0.01)
Net loss attributable to ForceField Energy Inc. common stockholders	($0.06)	($0.04)
Weighted-average number of common shares outstanding:	'	'
Basic and diluted	16,396,614	16,132,284
Comprehensive income (loss):	'	'
Net income (loss)	-1,025,861	-764,565
Foreign currency translation adjustment	12,200	13,686
Comprehensive loss	-1,013,661	-750,879
Comprehensive income (loss) attributable to noncontrolling interests	-15,278	-116,863
Comprehensive income (loss) attributable to ForceField Energy Inc.	($998,383)	($634,016)

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($1,025,861)	($764,565)
Net (income) loss from discontinued operations	-40,631	238,593
Depreciation and amortization	65,825	65,383
Loss from divestment of business	-30,001	'
Amortization of debt discount	24,674	'
Common stock issued in exchange for services	2,955	52,060
Deferred taxes	'	-40,313
Changes in operating assets and liabililites:	'	'
Accounts receivable	-120,762	224,241
Inventory	-63,699	'
Prepaid expenses and other current assets	-120,074	-141,811
Other assets	-12,137	'
Accounts payable	74,085	-75,334
Accrued liabilities	6,043	-8,529
Income taxes payable and other noncurrent liabilities	27,922	-800
Net cash used in operating activities – continuing operations	-1,211,661	-451,075
Net cash provided by operating activities - discontinued operations	-229,169	106,095
Net cash used in operating activities	-1,440,830	-344,980
Cash flows from investing activities:	'	'
Cash consideration for acquisition of business	-200,000	'
Cash acquired on disposal of business	-60,000	'
Advance for acquisition of business	-100,000	'
Purchase of property, plant and equipment	-15,685	'
Net cash used in investing activities – continuing operations	-375,685	'
Net cash used in investing activities – discontinued operations	-96,467	-332,658
Net cash used in investing activities	-472,152	-332,658
Cash flows from financing activities:	'	'
Proceeds from issuance of common stock, net of issuance costs	'	306,900
Proceeds from exercise of stock purchase warrants, net of issuance costs	59,400	'
Proceeds from issuance of convertible debentures	300,000	50,000
Repayments of related party payables	'	-50,000
Net cash provided by financing activities – continuing operations	359,400	306,900
Net cash provided by financing activities –  discontinued operations	268,059	'
Net cash provided by financing activities	627,459	306,900
Effect of exchange rates on cash and cash equivalents	-2,220	623
Net increase in cash and cash equivalents	-1,287,743	-370,115
Cash and cash equivalents at beginning of period	3,681,125	994,149
Cash and cash equivalents at end of period	2,451,146	624,034
Supplemental disclosure of cash flow information:	'	'
Cash paid for interest	45,216	481
Cash paid for income taxes	17,532	800
Supplemental disclosure of non-cash investing and financing activities:	'	'
Common stock issued for acquisition of business	29,850	'
Discount for beneficial conversion features on convertible debentures	50,000	'
Common stock issued to reduce accrued liabilities	$18,000	'

1_NATURE_OF_OPERATIONS

1. NATURE OF OPERATIONS	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
NATURE OF OPERATIONS	'
	ForceField Energy Inc. (“ForceField” or the “Company”) is an international designer, distributor, and licensee of high-efficiency energy products and alternative energy technologies. ForceField is the exclusive North American distributor of light emitting diode (LED) commercial lighting products and fixtures for a premier manufacturer in China; ForceField owns 50.3% of TransPacific Energy, Inc., a U.S. based renewable energy technology provider that uses “waste heat” from various manufacturing and other sources to provide clean electricity; and through the period ended February 19, 2014 was a producer of trichlorosilane (“TCS”) in China. TCS is a chemical primarily used in the production of polysilicon, which is an essential raw material in the production of solar cells for photovoltaic (“PV”) panels that convert sunlight to electricity. This TCS was sold to the marketplace via two operating segments (which ceased operating on February 19, 2014) (1) a 90% owned TCS distribution company, and (2) through the 60% ownership of a TCS plant, both of which are located in China.

2_SUMMARY_OF_SIGNIFICANT_ACCOU

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Basis of Presentation and Principles of Consolidation
	The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in United States dollars. The consolidated financial statements include the accounts of the Company; its wholly-owned subsidiaries SunSi Energies Hong Kong Limited (“SunSi HK”), ForceField Energy USA Inc. (“FNRG USA”), and ForceField Energy SA (“FNRG SA”), formed in March 2013 and located in Costa Rica; the Company’s 50.3% owned subsidiary TransPacific Energy, Inc. (“TPE”); and through the period ended February 19, 2014 SunSi HK's 90% formerly owned subsidiary Zibo Baokai Commerce and Trade Co. Ltd. (“Baokai”);  SunSi HK's 60% formerly owned subsidiary Wendeng He Xie Silicon Industry Co., Ltd. (“Wendeng”). All intercompany accounts and transactions are eliminated in consolidation.
	Management’s Representation of Interim Financial Statements
	The accompanying unaudited consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements at December 31, 2013 as presented in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.
	Discontinued Operations
	In December 2013, the Company’s Board of Directors authorized ForceField’s management to pursue the sale of its Baokai and Wendeng segments. These segments were each classified as discontinued operations and assets held for sale beginning with the Company’s December 31, 2013 consolidated financial statements. In February 2014, the Company entered into two definitive agreements to sell and transfer its equity interests in Baokai and Wendeng. These transactions each closed on February 19, 2014.
	ForceField’s results of operations related to its Baokai and Wendeng segments have been reclassified as discontinued operations on a retrospective basis for all periods presented. See Note 12 — Discontinued Operations for additional information.
	Use of Estimates
	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of 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. The Company continually evaluates its estimates, including but not limited to the allowance for doubtful accounts, the useful lives and impairment for property, plant and equipment, goodwill and acquired intangible assets, write-down in value of inventory and deferred income taxes. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.
	The Company believes that the following critical accounting policies govern its more significant judgments and estimates used in the preparation of its consolidated financial statements:
	Refer to Note 2 — Summary of Significant Accounting Policies in the Company’s audited 2013 consolidated financial statements in Form 10-K for a summary of its significant accounting policies.
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position.

3_THE_EFFECT_OF_RECENTLY_ISSUE

3. THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS	3 Months Ended
	Mar. 31, 2014
Accounting Changes and Error Corrections [Abstract]	'
THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS	'
	Accounting Standards Updates through ASU 2014-08 that contain technical corrections to existing guidance or affect specialized industries or entities were recently issued. These updates have no current applicability to the Company or their effect on the financial statements would not have been significant.

4_ACCOUNTS_RECEIVABLE_NET

4. ACCOUNTS RECEIVABLE, NET	3 Months Ended
	Mar. 31, 2014
Accounts Receivable, Net [Abstract]	'
ACCOUNTS RECEIVABLE, NET	'
	Accounts receivable at March 31, 2014 and December 31, 2013 were comprised of the following:
		March 31,			December 31,
		2014			2013
	Accounts receivable	$	421,000		$	262,744
	Unbilled receivables, not billable		-			37,806
	Allowance for doubtful accounts		(23,554	)		(23,554	)
	Total	$	397,446		$	276,996
	During the year ended December 31, 2013, the Company recorded an allowance for doubtful accounts related to its trade accounts receivable and recorded bad debt expense of $23,554.   No bad debt expense was recorded during the three months ended March 31, 2014.
	As of March 31, 2014, two customers accounted for approximately 57% and 39%, respectively, or approximately 96% of total accounts receivable.
	As of December 31, 2013, one customer accounted for approximately 86% of total accounts receivable.

5_INVENTORY

5. INVENTORY	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
INVENTORY	'
	Inventory at March 31, 2014 and December 31, 2013 was comprised of the following:
		March 31,		December 31,
		2014		2013
	Finished goods	$	92,644	$	28,944
	Total	$	92,644	$	28,944
	At March 31, 2014 and December 31, 2013, the Company did not record any provisions to its allowance for excess or obsolete inventory.

6_PREPAID_EXPENSES_AND_OTHER_C

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS	3 Months Ended
	Mar. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
PREPAID EXPENSES AND OTHER CURRENT ASSETS	'
	Prepaid expenses and other current assets at March 31, 2014 and December 31, 2013 were comprised of the following:
		March 31,		December 31,
		2014		2013
	Advances to employees	$	25,740	$	15,755
	Advances to suppliers		122,750		66,649
	Prepaid listing fees		24,000		—
	Advance deposit on acquisition		100,000		—
	Insurance premiums		24,336		24,074
	Service agreements		16,667		16,000
	Other		44,076		16,731
	Total	$	357,569	$	139,229
	Advances made to suppliers are for the purchase of LED lighting products that are expected to be shipped within two months of receipt of funds. The advance deposit relates to a deposit on the American Lighting acquisition. See Note 18 — Subsequent Events.
	Prepaid expenses and other assets represent prepayments made in the normal course and in which the economic benefit is expected to be realized within twelve months.

7_PROPERTY_PLANT_AND_EQUIPMENT

7. PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
PROPERTY, PLANT AND EQUIPMENT	'
	Property, plant and equipment at March 31, 2014 and December 31, 2013 were comprised of the following:
		March 31, 2014							December 31, 2013
		Cost		Accumulated			Net Book Value		Cost		Accumulated			Net Book Value
				Depreciation							Depreciation
	Furniture and equipment	$	22,290	$	(466	)	$	21,824	$	7,108	$	(35	)	$	7,073
	Total	$	22,290	$	(466	)		21,824	$	7,108	$	(35	)	$	7,073
	Depreciation expense for the three months ended March 31, 2014 and 2013 totaled $431 and $ nil, respectively.

8_BUSINESS_COMBINATIONS

8. BUSINESS COMBINATIONS	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
BUSINESS COMBINATIONS	'
	ACQUISITION OF CATALYST LED’S LLC
	On February 2, 2014, we completed a purchase of LED assets for $200,000 in cash and 5,000 shares of ForceField common stock valued at $5.97 per share for a total of $29,850 in common stock from Idaho-based Catalyst LED’s LLC (“Catalyst”), a provider of customized LED lighting products and solutions, and an authorized vendor for a number of leading companies. In connection with acquisition of Catalyst’s assets, the Company also entered into an employment agreement with the owner of Catalyst, under which agreement, he may achieve commission payments if certain milestones are attained.The transaction was considered as an acquisition of a business and accordingly the acquisition method of accounting has been applied.
	Fair Value of Consideration Transferred and Recording of Assets Acquired
	The following table summarizes the acquisition date fair value of the consideration transferred, identifiable assets acquired, liabilities assumed and noncontrolling interests including an amount for goodwill:
	Consideration:
	Cash and cash equivalents	$	200,000
	Common stock		29,850
	Fair value of total consideration transferred	$	229,850
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Total identifiable net assets	$	—
	Goodwill	$	229,850
	The purchase consideration, allocated in total to goodwill, is considered preliminary and subject to change upon the completion of a valuation analysis to be performed by the Company's management by June 30, 2014. The final valuation may identify certain intangible assets that would reduce the amount of recorded goodwill.

9_GOODWILL_AND_INTANGIBLE_ASSE

9. GOODWILL AND INTANGIBLE ASSETS, NET	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
GOODWILL AND INTANGIBLE ASSETS, NET	'
	The carrying amount of goodwill at March 31, 2014 and December 31, 2013 was comprised of the following:
			March 31,			December 31,
			2014			2013
	Goodwill Catalyst LED, LLC		$	229,850		$	-0-
	Intangible assets at March 31, 2014 and December 31, 2013 were comprised of the following:
			31-Mar-14									31-Dec-13
		Amortization		Gross						Net			Gross					Net
		Period		Carrying			Accumulated			Book			Carrying		Accumulated			Book
		(Years)		Amount			Amortization			Value			Amount		Amortization			Value
	Intangible assets subject to amortization:
	Exclusive distribution rights	5			780,000			(247,000	)		533,000			780,000		(208,000	)		572,000
	Technology	15			1,583,000			(171,492	)		1,411,508			1,583,000		(145,108	)		1,437,892
	Total			$	2,363,000			(418,492	)		1,944,508		$	2,363,000	$	(353,108	)	$	2,009,892
	On August 27, 2012, the Company entered into a five year distribution agreement with Shanghai Lightsky Optoelectronics Technology Co., Ltd. (“Lightsky”) located in Shanghai, China whereby ForceField became the exclusive distributor of Lightsky LED lighting products in the United States, Canada and Mexico. Lightsky is an established manufacturer and seller of numerous patented LED lighting products in China and throughout Asia. ForceField issued 150,000 shares of its restricted common stock valued at $780,000, which represents the trading price of $5.20 per share of the Company’s common stock on the date of the transaction, as consideration for the rights. This amount will be amortized using the straight-line method over the five year expected life of the distribution rights. The shares are restricted for an eighteen-month period from their date of issuance. In order to maintain its exclusivity and qualify for any automatic renewal periods beyond the five-year period, ForceField must achieve certain performance milestones.
	Amortization expense for intangible assets subject to amortization for the three months ended March 31, 2014 and 2013 totaled $65,384 for both periods.
	Differences may arise in the amount of amortization expense reported in the Company's operating results as compared to the corresponding change in accumulated depreciation due to foreign currency translation. These translation adjustments are reflected in accumulated other comprehensive income, a separate component of the Company's stockholders' equity.

10_OTHER_ASSETS

10. OTHER ASSETS	3 Months Ended
	Mar. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
OTHER ASSETS	'
	Other assets were comprised of the following at March 31, 2014 and December 31, 2013:
		March 31,		December 31,
		2014		2013
	Deferred financing costs, net of accumulated amortization — Debt issue costs	$	103,769	$	91,632
	Deferred financing costs relate to the issuance of the Company’s convertible securities and will be amortized over the term of the convertible debentures.

11_ACCOUNTS_PAYABLE_AND_ACCRUE

11. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	3 Months Ended
	Mar. 31, 2014
Payables and Accruals [Abstract]	'
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	'
	Accounts payable were comprised of the following at March 31, 2014 and December 31, 2013:
		March 31,		December 31,
		2014		2013
	Accounts payable	$	404,308	$	379,957
	Accrued liabilities were comprised of the following at March 31, 2014 and December 31, 2013:
		March 31,		December 31,
		2014		2013
	Board and executive compensation		115,890		139,500
	Interest on convertible debentures		58,583		20,917
	Finder’s fees		25,000		95,900
	Billings in excess of costs and earned income		197,200		197,200
	Reserve for estimated losses on contracts in progress		14,868		13,987
	Other		16,866		5,259
	Total accrued liabilities	$	428,407	$	472,763

12_DISCONTINUED_OPERATIONS

12. DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
12. DISCONTINUED OPERATIONS	'
	In December 2013, the Board of Directors authorized ForceField’s management to pursue the sale of its equity interests in Baokai and Wendeng. Accordingly, the assets and liabilities of these business segments were separately reported as “assets and liabilities of discontinued operations held for sale” as of December 31, 2013. In February 2014, the Company entered into two definitive agreements to sell and transfer its equity interests in Baokai and Wendeng. Under the terms of the agreement to dispose Wendeng, the Company agreed to pay $50,000 in cash consideration and received 1,462,097 shares of its restricted common stock for the sale of its 60% equity interest in Wendeng to the minority owner of Wendeng. The common stock was placed in treasury and reduced the Company’s issued and outstanding shares count.  Under the terms of the agreement to dispose Baokai, the Company agreed to sell its 90% equity interest in Baokai to the minority shareholders and agreed to pay $10,000 to them to indemnify the Company from any present or future obligations or liabilities.
	These transactions were closed on February 19, 2014 and the results of operations of these two business segments, for all periods, were separately reported as “discontinued operations”. The loss on disposal of Baokai and Wendeng totaled $30,001, which was reported as “Loss from divestment of business” for the period ended March 31, 2014.”
	In connection with this transaction, ForceField reacquired 1,462,097 shares of its common stock through the disposal of Wendeng. The reacquired common stock is held as treasury stock by the Company. See Note 15 — Stockholders' Equity.
	The operating results of the Company’s Baokai and Wendeng segments for the three month periods ended March 31, 2014 and 2013 classified as discontinued operations are summarized below:
		Three Months Ended March 31, 2014						Three Months Ended March 31, 2013
		Baokai		Wendeng		Total		Baokai			Wendeng		Total
	Sales	$	—	$	1,214,467	$	1,214,467	$	36,973		$	16,218	$	53,191
	Cost of goods sold		—		1,128,260		1,128,260		36,234			20,316		56,550
	Gross margin		—		86,207		86,207		739			-4,098		-3,359
	Operating expenses		—		45,576		45,576		(95,158	)		356,172		261,014
	Other income (expense)		—		—		—		—			—		—
	Provision for income taxes (benefit)		—		—		—		23,974			-49,754		25,780
	Net income (loss)	$	—	$	40,631	$	40,631	$	71,293		$	(310,516)	$	238,593

13_INCOME_TAXES

13. INCOME TAXES	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	As of March 31, 2014, the Company had federal, state and foreign net operating loss carryforwards aggregating approximately $8,000,000 that are available to offset future liabilities for income taxes. The Company has generally established a valuation allowance against these carryforwards based on an assessment that it is more likely than not that these benefits will not be realized in future years. The federal and state net operating loss carryforwards expire at various dates through 2033.
	The tax expense of $28,722 for the period ended March 31, 2014 relates to taxes payable in New York where our corporate headquarters are domiciled and taxes are payable irrespective of whether or not we are generating profits.
	The Company remains subject to examination in federal, state and foreign jurisdictions in which the Company conducts its operations and files tax returns. These tax years range from 2010 through 2013. The Company believes that the results of current or any prospective audits will not have a material effect on its financial position or results of operations as adequate reserves have been provided to cover any potential exposures related to these ongoing audits.
	The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provision of FASB ASC 740.

14_DEBT

14. DEBT	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
DEBT	'
	Debt was comprised of the following at March 31, 2014 and December 31, 2013:
		March 31,			December 31,
		2014			2013
	7% Convertible debenture	$	200,000		$	150,000
	9% Convertible debenture		2,150,000			1,900,000
	Loan discount on convertible debenture		-289,458			-264,132
	Total debt		2,060,542			1,785,868
	Less: Current portion		100,000			100,000
	Long term debt	$	1,960,542		$	1,685,868
	The following table provides a summary of all unsecured, convertible debentures as of March 31, 2014 and December 31, 2013:
	Issue Date	Interest Rate			Face Value		Maturity Date
	10/15/2011		9	%	$	100,000	10/14/2014
	11/16/2012		9	%		50,000	11/16/15
	2/11/13		9	%		50,000	2/11/16
	8/1/13		9	%		100,000	8/1/16
	9/23/13		9	%		50,000	9/23/16
	10/22/13		9	%		50,000	10/22/16
	11/4/13		9	%		500,000	11/4/16
	12/6/13		7	%		50,000	12/6/16
	12/16/13		9	%		250,000	12/16/16
	12/26/13		9	%		750,000	12/26/16
	12/27/13		7	%		50,000	12/27/16
	12/27/13		7	%		50,000	12/27/16
	1/13/14		7	%		50,000	1/13/17
	2/11/14		9	%		250,000	2/11/17
					$	2,350,000
	On October 15, 2011, the Company completed the private placement of an unsecured convertible debenture in the amount of $100,000. The debenture carries an interest rate of 9% per annum payable semi-annually in cash for a three year with a fixed conversion of $8.00 per share, or 12,500 of the Company's common stock.
	On November 16, 2012, the Company completed the private placement of an unsecured, convertible debenture in the amount of $50,000.  The debenture carries an interest rate of 9% per annum, payable semiannually in cash, for a three-year term with a fixed conversion price of $5.00 per share, or 10,000 shares of the Company’s common stock if converted within the first year of issuance or a fixed conversion price of $6.00 per share, or 8,333 shares of the Company’s common stock if converted during the second or third year following issuance.
	During 2013, the Company completed the private placement of seven unsecured, convertible debentures for gross proceeds of $1,750,000 with six different investors. These debentures carry an interest rate of 9% per annum, payable semiannually in cash, for a three-year term with a fixed conversion price of $5.00 per share, or 350,000 shares of the Company’s common stock if converted within the first year of issuance or a fixed conversion price of $6.00 per share, or 291,667 shares of the Company’s common stock if converted during the second or third year following issuance.
	Additionally in 2013, the Company completed the private placement of three unsecured, convertible debentures for gross proceeds of $150,000 with three different investors. These debentures carry an interest rate of 7% per annum, payable semiannually in cash, for a three-year term with a fixed conversion price of $7.00 per share, or 21,429 shares of the Company’s common stock if converted within the first year of issuance or a fixed conversion price of $9.00 per share, or 16,667 shares of the Company’s common stock if converted during the second or third year following issuance.
	During the three months ended March 31, 2014, the Company completed the private placement of two unsecured, convertible debentures for gross proceeds of $300,000.  One debenture of $250,000 carries an interest rate of 9% per annum, payable semiannually in cash, for a three-year term with a fixed conversion price of $5.00 per share, or 50,000 shares of the Company’s common stock if converted within the first year of issuance or a fixed conversion price of $6.00 per share, or  41,667 shares of the Company’s common stock if converted during the second or third year following issuance. The other debenture for $50,000 carries an interest rate of 7% per annum, payable semiannually in cash, for a three-year term with a fixed conversion price of $7.00 per share, or 7,143 shares of the Company’s common stock if converted within the first year of issuance or a fixed conversion price of $9.00 per share, or 5,556 shares of the Company’s common stock if converted during the second or third year following issuance.
	The convertible debentures were analyzed at issuance for a beneficial conversion feature and the Company concluded that a beneficial conversion feature exists. The beneficial conversion feature was measured using the commitment-date stock price and was determined to be $321,090, of which $50,000 was related to the convertible debentures issued during the three-month period ended March 31, 2014. This amount was recorded as a debt discount and is amortized to interest expense over the term of the convertible debentures. The debt discount related to beneficial conversion feature was $289,458 and $264,132 as of March 31, 2014 and December 31, 2013, respectively. The related amortization expense was $24,674 and $6,958 for the periods ended March 31, 2014 and December 31, 2013, respectively. The Company also analyzed the convertible debentures for derivative accounting consideration and determined that derivative accounting does not apply.

15_STOCKHOLDERS_EQUITY

15. STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	Preferred Stock
	ForceField is authorized to issue 12,500,000 shares of preferred stock at a par value of $0.001. No shares of preferred stock were issued and outstanding as of either March 31, 2014 or December 31, 2013.
	Common Stock
	ForceField is authorized to issue 37,500,000 shares of common stock at a par value of $0.001 and had 17,058,616 and 17,033,531 shares of common stock issued and outstanding as of March 31, 2014 and December 31, 2013, respectively. ForceField reacquired 1,462,097 shares of its common stock through the disposal of Wendeng. The reacquired common stock is held as treasury stock by the Company. See Note 12 — Discontinued Operations.
	Common Stock Issued in Private Placements
	During the year ended December 31, 2013, the Company accepted subscription agreements from investors and issued 830,250 shares of its common stock and 842,750 stock purchase warrants for gross proceeds totaling $3,321,000. The cost of these issuances was $332,100. The stock purchase warrants have been accounted for as equity in accordance with FASB ASC 480, Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock, Distinguishing Liabilities from Equity. Using the Black-Scholes model, the Company allocated a relative fair value of $1,139,550 to these stock purchase warrants.
	During the three-month period ended March 31, 2014, the Company did not receive any subscription agreements from investors.
	Common Stock Issued in Exchange for Services
	During the three month period ended March 31, 2014, the Company issued 525 shares of its common stock valued at $2,955 for promotional activities. Additionally, the Company issued 3,060 shares of its common stock valued at $18,000 to its three independent directors in accordance with their board compensation accrued for the last quarter ended December 31, 2013. Each of these share issuances were valued based upon the closing trading share price of the Company’s common stock on their respective dates of award.
	Common Stock Issued in the Acquisition of a Business
	In connection with the acquisition of the assets of Catalyst LED's LLC the Company issued 5,000 shares of restricted common stock valued at $5.97 per share or $29,850 in value.
	Stock Purchase Warrants
	The following table reflects all outstanding and exercisable warrants for the periods ended March 31, 2014 and December 31, 2013. All stock warrants are exercisable for a period of one year from the date of issuance.
		Number of			Weighted Average		Average Remaining
		Warrants			Exercise Price		Contractual
		Outstanding					Life (Years)
	Balance, December 31, 2013		830,250		$	4		0.8
	Warrants issued		—
	Warrants exercised		(16,500	)	$	4
	Warrants expired		-68,750			—
	Balance March 31, 2014		745,000		$	4		0.62
	The remaining contractual life of the warrants outstanding as of March 31, 2014 ranges from 0.19 to 0.75 years.
	During the three month period end March 31, 2014, the Company issued 16,500 shares of its common stock for gross proceeds totaling $66,000 following the exercies of an equal amount of stock purchase warrants. The cost of these issuances was $6,600. During the year ended December 31, 2013, the Company issued 93,750 shares of common stock for gross proceeds totaling $375,000 following the exercise of 93,750 shares of stock purchase warrants. The cost of issuance was $37,500.

16_COMMITMENTS_AND_CONTINGENCI

16. COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	A claim was made by the Company against TransPacific Energy, Inc. and certain managing shareholders asserting breaches of a Share Exchange Agreement entered on May 10, 2012 by and between the Company and ACME Energy Inc., Apela Holdings, ABH Holdings, and TransPacific Energy, Inc. The claimed breaches were presented to counsel for TransPacific Energy, Inc. and its two primary managing shareholders by letter dated February 13, 2014. By letter dated February 19, 2014, counsel for TransPacific and its two primary managing shareholders denied the breaches and stated their intent to counterclaim for fraud, breach of contract, and other related claims. The Company, TransPacific Energy, Inc., and its two primary managing shareholders had reached tentative agreement to resolve matters in dispute and the parties were in the process of negotiating a binding term sheet to document same.
	On April 28, 2014, TransPacific Energy Inc. (“TPE”), Karen Kahn, Alexander Goldberg, John Howard, Audrey Boston, Anne Howard, ACME Energy, Inc., and Samuel Sami (collectively, the “Plaintiffs”) filed a lawsuit against ForceField Energy, Inc. The lawsuit claims various breaches by FNRG of the Share Exchange Agreement dated May 10, 2012 between FNRG, ACME Energy, Inc., Apela Holdings, and ABH Holdings, which lawsuit seeks unspecified damages in excess of $25,000. FNRG disputes all of these allegations by Plaintiffs and intends to vigorously defend against them and to also assert its own claims in response at the appropriate time and in the appropriate venue.  The lawsuit is pending before the Superior Court of the State of California for the County of San Diego.   No amounts have been accrued on the financial statements for any loss contingency because the Company deems the claims to be without merit and the amounts involved indeterminable.
	ForceField has entered into a number of engagement agreements for advisory and consulting services on a non-exclusive basis to obtain new equity capital and debt financing. In the event that the Company receives new capital proceeds from a source identified by one of the consultants, then such consultant will receive a finders or referral fee of up to ten percent (10%) of the amount received by the Company. The terms and condition of financing are subject to Company approval.

17_SEGMENT_INFORMATION

17. SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	As a result of the acquisition of its equity interest in TPE and exclusive distribution rights for Lightsky LED lighting products, the Company reassessed its requirement for segment reporting based on the operating and reporting structure of the combined company.
	The Company utilized several criteria, including (i) the Companys organizational structure, (ii) the manner in which the Companys operations are managed, (iii) the criteria used by the Companys Chief Executive Officer, the Chief Operating Decision Maker (CODM), to evaluate segment performance and (iv) the availability of separate financial information, as a basis to identify its operating segments.
	As of December 31, 2013, the Company determined that it had four reportable business segments: Baokai, Wendeng, ORC and LED.
	The Baokai segment consists of the business of Zibo Baokai Commerce and Trade Co., Ltd., a company based in the Shandong province of China that distributes the trichlorosilane production of Zibo Baoyun Chemical Plant. The Wendeng segment consists of the operations of Wendeng He Xie Silicon Industry Co., Ltd., a company based in the Shandong province of China that directly manufactures and sells trichlorosilane. On February 19, 2014 concurrent with the sale of Wendeng and Baokai, these segments ceased to operate. After this date, the Company has two reportable business segments.
	The assets and liabilities of Baokai and Wendeng were separately reported as assets and liabilities of discontinued operations held for sale as of December 31, 2013 and the results of operations of these two business segments were separately reported as discontinued operations for the three months ended March 31, 2014 and 2013, thus, were not included in the segment results, customer information and geographic information. See Note 12 — Discontinued Operations for additional information.
	The ORC segment consists of the operations of TransPacific Energy, Inc., a company based in California and Nevada that designs and installs proprietary modular Organic Rankine Cycle units utilizing patented multiple refrigerant mixtures to maximize heat recovery and convert waste heat directly from industrial processes, solar and geothermal, biomass converting it into electrical energy. The LED segment consists of the business of SunSi USA that distributes LED lighting products manufactured in China by Shanghai Lightsky Optoelectronics Technology Co., Ltd. in the major North American markets.
	The Company’s CODM reviews financial information presented on a consolidated basis, accompanied by disaggregated information by segment for purpose of evaluating financial performance.
	Segment Results
	The following table sets forth operations by segment for the three months ended March 31, 2014 and 2013:
		ORC		LED		Corporate		Consolidated
	Sales:
	2014	$	110	$	183,455	$	—	$	183,565
	2013	$	208,355	$	23,599	$	—	$	231,954
	Cost of goods sold:
	2014	$	110	$	185,436	$	—	$	185,546
	2013	$	203,055	$	16,262	$	—	$	219,317
	Gross margin:
	2014	$	—	$	-1,981	$	—	$	-1,981
	2013	$	5,300	$	7,337	$	—	$	12,637
	Operating expenses:
	2014	$	63,466	$	194,302	$	695,139	$	952,907
	2013	$	37,500	$	114,867	$	422,136	$	574,503
	Other income (expense):
	2014	$	20	$	25	$	-82,927	$	-82,882
	2013	$	57	$	—	$	-4,476	$	-4,419
	Provision for income taxes:
	2014	$	—	$	—	$	28,722	$	28,722
	2013	$	—	$	—	$	-40,313	$	-40,313
	Net income (loss):
	2014	$	-63,446	$	-196,258	$	-806,788	$	-1,066,942
	2013	$	-932,143	$	-107,530	$	-386,299	$	-525,972
	Operating segments do not sell products to each other, and accordingly, there is no inter-segment revenue to be reported.
	Total Assets
	The following table sets forth the total assets by segment at March 31, 2014 and December 31, 2013:
		ORC		LED		Corporate		Consolidated
	Total assets:
	2014	$	1,796,356	$	87,907	$	3,714,493	$	5,598,756
	2013	$	1,903,094	$	712,806	$	461,781	$	4,601,137
	Goodwill, Intangible and Long-Lived Assets
	The following table sets forth the carrying amount of goodwill and intangible and long-lived assets by segment at March 31, 2014 and December 31, 2013:
		ORC		LED		Corporate		Consolidated
	Intangible assets:
	2014	$	1,411,508	$	—	$	533,000	$	1,944,508
	2013	$	1,437,892	$	572,000	$	—	$	2,009,892
	Goodwill by segment
	2014	$	—	$	—	$	229,850	$	229,850
	2013	$	0	$	—	$	—	$	0
	Property, plant and equipment:
	2014	$	—	$	8,137	$	13,687	$	21,824
	2013	$	—	$	7,073	$	—	$	7,073
	Customer Concentration and Credit Risk
	For the three — month period ended March 31, 2014, ORC sales were immaterial. In the LED segment one customer accounted for approximately 70% of LED revenue and consolidated Company revenue.
	As of March 31, 2014, two customers accounted for approximately 57% and 39%, respectively, of approximately 96% of total accounts receivable.
	Geographic Information
	During the three months ended March 31, 2014, all of the Company’s sales for its LED and ORC segments were in the United States with the exception of $1,586 in LED revenue in Costa Rica.  For the three — month period ended March 31, 2013, all of the Company’s sales were in the United States.

18_SUBSEQUENT_EVENTS

18. SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	On April 25, 2014, the Company completed the acquisition of American Lighting & Distribution (“American Lighting” or “ALD”). Based in San Diego, California, American Lighting is a leading energy-efficient, commercial lighting specialist with over 20,000 installed customers and standing relationships with many major California utilities. ALD reported unaudited revenues of approximately $7.0 million in 2013.
	Under the terms of the purchase agreement, ForceField paid $2.5 million in cash, issued $1.5 million of its restricted  common stock and $1.0 million in 5% senior secured notes for all of the outstanding equity of ALD; or total purchase consideration of  approximately $5,000,000. The 289,529 restricted shares of ForceField Energy’s common stock issued are subject to an initial twelve month lock-up period and are then released in equal monthly installments over the following six months.
	The Sellers are also entitled to post- closing payments to excess working capital on ALD’s closing balance sheet of up to $1,200,000 in cash collected from accounts receivables carried on ALD’s Balance Sheet, as of the Closing Date, subject to certain adjustment, are due and payable from time to time on and after the Closing Date upon collection of such receivables. At the closing date, ALD’s unaudited balance sheet reflected approximately $2.1 million in working capital, which was comprised of cash, accounts receivable and inventory, less accounts payable, accrued liabilities and other liabilities.
	Additionally, the American Lighting equity holders will have the opportunity for contingent, earn-out payments of up to $2.0 million if certain increased ALD revenue and EBITDA thresholds over the three-year period post-closing, are achieved. The earn-out payments, if made, shall be equally allocated between cash and restricted common stock.

2_SUMMARY_OF_SIGNIFICANT_ACCOU1

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2014
Notes to Financial Statements	'
Basis of Presentation and Principles of Consolidation	'
	Basis of Presentation and Principles of Consolidation
	The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in United States dollars. The consolidated financial statements include the accounts of the Company; its wholly-owned subsidiaries SunSi Energies Hong Kong Limited (“SunSi HK”), ForceField Energy USA Inc. (“FNRG USA”), and ForceField Energy SA (“FNRG SA”), formed in March 2013 and located in Costa Rica; the Company’s 50.3% owned subsidiary TransPacific Energy, Inc. (“TPE”); and through the period ended February 19, 2014 SunSi HK's 90% formerly owned subsidiary Zibo Baokai Commerce and Trade Co. Ltd. (“Baokai”);  SunSi HK's 60% formerly owned subsidiary Wendeng He Xie Silicon Industry Co., Ltd. (“Wendeng”). All intercompany accounts and transactions are eliminated in consolidation.
Management's Representation of Interim Financial Statements	'
	Management’s Representation of Interim Financial Statements
	The accompanying unaudited consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements at December 31, 2013 as presented in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.
Discontinued Operations	'
	Discontinued Operations
	In December 2013, the Company’s Board of Directors authorized ForceField’s management to pursue the sale of its Baokai and Wendeng segments. These segments were each classified as discontinued operations and assets held for sale beginning with the Company’s December 31, 2013 consolidated financial statements. In February 2014, the Company entered into two definitive agreements to sell and transfer its equity interests in Baokai and Wendeng. These transactions each closed on February 19, 2014.
	ForceField’s results of operations related to its Baokai and Wendeng segments have been reclassified as discontinued operations on a retrospective basis for all periods presented. See Note 12 — Discontinued Operations for additional information.
Use of Estimates	'
	Use of Estimates
	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of 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. The Company continually evaluates its estimates, including but not limited to the allowance for doubtful accounts, the useful lives and impairment for property, plant and equipment, goodwill and acquired intangible assets, write-down in value of inventory and deferred income taxes. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.
	The Company believes that the following critical accounting policies govern its more significant judgments and estimates used in the preparation of its consolidated financial statements:
	Refer to Note 2 — Summary of Significant Accounting Policies in the Company’s audited 2013 consolidated financial statements in Form 10-K for a summary of its significant accounting policies.
Reclassifications	'
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position.

4_ACCOUNTS_RECEIVABLE_NET_Tabl

4. ACCOUNTS RECEIVABLE, NET (Tables)	3 Months Ended
	Mar. 31, 2014
Accounts Receivable Net Tables	'
Accounts receivable	'
		March 31,			December 31,
		2014			2013
	Accounts receivable	$	421,000		$	262,744
	Unbilled receivables, not billable		-			37,806
	Allowance for doubtful accounts		(23,554	)		(23,554	)
	Total	$	397,446		$	276,996

5_INVENTORY_Tables

5. INVENTORY (Tables)	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
Inventory	'
		March 31,		December 31,
		2014		2013
	Finished goods	$	92,644	$	28,944
	Total	$	92,644	$	28,944

6_PREPAID_EXPENSES_AND_OTHER_C1

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	3 Months Ended
	Mar. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
Prepaid expenses and other current assets	'
		March 31,		December 31,
		2014		2013
	Advances to employees	$	25,740	$	15,755
	Advances to suppliers		122,750		66,649
	Prepaid listing fees		24,000		—
	Advance deposit on acquisition		100,000		—
	Insurance premiums		24,336		24,074
	Service agreements		16,667		16,000
	Other		44,076		16,731
	Total	$	357,569	$	139,229

7_PROPERTY_PLANT_AND_EQUIPMENT1

7. PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, plant and equipment	'
		March 31, 2014							December 31, 2013
		Cost		Accumulated			Net Book Value		Cost		Accumulated			Net Book Value
				Depreciation							Depreciation
	Furniture and equipment	$	22,290	$	(466	)	$	21,824	$	7,108	$	(35	)	$	7,073
	Total	$	22,290	$	(466	)		21,824	$	7,108	$	(35	)	$	7,073

8_BUSINESS_COMBINATIONS_Tables

8. BUSINESS COMBINATIONS (Tables)	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Fair Value of Consideration Transferred and Recording of Assets Acquired, Liabilities Assumed and Noncontrolling Interests	'
	Consideration:
	Cash and cash equivalents	$	200,000
	Common stock		29,850
	Fair value of total consideration transferred	$	229,850
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Total identifiable net assets	$	—
	Goodwill	$	229,850

9_GOODWILL_AND_INTANGIBLE_ASSE1

9. GOODWILL AND INTANGIBLE ASSETS, NET (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Carrying amount of goodwill	'
			March 31,			December 31,
			2014			2013
	Goodwill Catalyst LED, LLC		$	229,850		$	-0-
Intangible assets	'
			31-Mar-14									31-Dec-13
		Amortization		Gross						Net			Gross					Net
		Period		Carrying			Accumulated			Book			Carrying		Accumulated			Book
		(Years)		Amount			Amortization			Value			Amount		Amortization			Value
	Intangible assets subject to amortization:
	Exclusive distribution rights	5			780,000			(247,000	)		533,000			780,000		(208,000	)		572,000
	Technology	15			1,583,000			(171,492	)		1,411,508			1,583,000		(145,108	)		1,437,892
	Total			$	2,363,000			(418,492	)		1,944,508		$	2,363,000	$	(353,108	)	$	2,009,892

10_OTHER_ASSETS_Tables

10. OTHER ASSETS (Tables)	3 Months Ended
	Mar. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
Other assets	'
		March 31,		December 31,
		2014		2013
	Deferred financing costs, net of accumulated amortization — Debt issue costs	$	103,769	$	91,632

11_ACCOUNTS_PAYABLE_AND_ACCRUE1

11. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2014
Payables and Accruals [Abstract]	'
Accounts payable and accrued liabilities	'
	Accounts payable were comprised of the following at March 31, 2014 and December 31, 2013:
		March 31,		December 31,
		2014		2013
	Accounts payable	$	404,308	$	379,957
	Accrued liabilities were comprised of the following at March 31, 2014 and December 31, 2013:
		March 31,		December 31,
		2014		2013
	Board and executive compensation		115,890		139,500
	Interest on convertible debentures		58,583		20,917
	Finder’s fees		25,000		95,900
	Billings in excess of costs and earned income		197,200		197,200
	Reserve for estimated losses on contracts in progress		14,868		13,987
	Other		16,866		5,259
	Total accrued liabilities	$	428,407	$	472,763

12_DISCONTINUED_OPERATIONS_Tab

12. DISCONTINUED OPERATIONS (Tables)	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
		Three Months Ended March 31, 2014						Three Months Ended March 31, 2013
		Baokai		Wendeng		Total		Baokai			Wendeng		Total
	Sales	$	—	$	1,214,467	$	1,214,467	$	36,973		$	16,218	$	53,191
	Cost of goods sold		—		1,128,260		1,128,260		36,234			20,316		56,550
	Gross margin		—		86,207		86,207		739			-4,098		-3,359
	Operating expenses		—		45,576		45,576		(95,158	)		356,172		261,014
	Other income (expense)		—		—		—		—			—		—
	Provision for income taxes (benefit)		—		—		—		23,974			-49,754		25,780
	Net income (loss)	$	—	$	40,631	$	40,631	$	71,293		$	(310,516)	$	238,593

14_DEBT_Tables

14. DEBT (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Debt	'
		March 31,			December 31,
		2014			2013
	7% Convertible debenture	$	200,000		$	150,000
	9% Convertible debenture		2,150,000			1,900,000
	Loan discount on convertible debenture		-289,458			-264,132
	Total debt		2,060,542			1,785,868
	Less: Current portion		100,000			100,000
	Long term debt	$	1,960,542		$	1,685,868
Convertible debentures	'
	Issue Date	Interest Rate			Face Value		Maturity Date
	10/15/2011		9	%	$	100,000	10/14/2014
	11/16/2012		9	%		50,000	11/16/15
	2/11/13		9	%		50,000	2/11/16
	8/1/13		9	%		100,000	8/1/16
	9/23/13		9	%		50,000	9/23/16
	10/22/13		9	%		50,000	10/22/16
	11/4/13		9	%		500,000	11/4/16
	12/6/13		7	%		50,000	12/6/16
	12/16/13		9	%		250,000	12/16/16
	12/26/13		9	%		750,000	12/26/16
	12/27/13		7	%		50,000	12/27/16
	12/27/13		7	%		50,000	12/27/16
	1/13/14		7	%		50,000	1/13/17
	2/11/14		9	%		250,000	2/11/17
					$	2,350,000

15_STOCKHOLDERS_EQUITY_Tables

15. STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Outstanding and exercisable warrants	'
		Number of			Weighted Average		Average Remaining
		Warrants			Exercise Price		Contractual
		Outstanding					Life (Years)
	Balance, December 31, 2013		830,250		$	4		0.8
	Warrants issued		—
	Warrants exercised		(16,500	)	$	4
	Warrants expired		-68,750			—
	Balance March 31, 2014		745,000		$	4		0.62

17_SEGMENT_INFORMATION_Tables

17. SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Results	'
		ORC		LED		Corporate		Consolidated
	Sales:
	2014	$	110	$	183,455	$	—	$	183,565
	2013	$	208,355	$	23,599	$	—	$	231,954
	Cost of goods sold:
	2014	$	110	$	185,436	$	—	$	185,546
	2013	$	203,055	$	16,262	$	—	$	219,317
	Gross margin:
	2014	$	—	$	-1,981	$	—	$	-1,981
	2013	$	5,300	$	7,337	$	—	$	12,637
	Operating expenses:
	2014	$	63,466	$	194,302	$	695,139	$	952,907
	2013	$	37,500	$	114,867	$	422,136	$	574,503
	Other income (expense):
	2014	$	20	$	25	$	-82,927	$	-82,882
	2013	$	57	$	—	$	-4,476	$	-4,419
	Provision for income taxes:
	2014	$	—	$	—	$	28,722	$	28,722
	2013	$	—	$	—	$	-40,313	$	-40,313
	Net income (loss):
	2014	$	-63,446	$	-196,258	$	-806,788	$	-1,066,942
	2013	$	-932,143	$	-107,530	$	-386,299	$	-525,972
Total Assets by segment	'
		ORC		LED		Corporate		Consolidated
	Total assets:
	2014	$	1,796,356	$	87,907	$	3,714,493	$	5,598,756
	2013	$	1,903,094	$	712,806	$	461,781	$	4,601,137
Goodwill, Intangible and Long-Lived Assets	'
		ORC		LED		Corporate		Consolidated
	Intangible assets:
	2014	$	1,411,508	$	—	$	533,000	$	1,944,508
	2013	$	1,437,892	$	572,000	$	—	$	2,009,892
	Goodwill by segment
	2014	$	—	$	—	$	229,850	$	229,850
	2013	$	0	$	—	$	—	$	0
	Property, plant and equipment:
	2014	$	—	$	8,137	$	13,687	$	21,824
	2013	$	—	$	7,073	$	—	$	7,073

4_ACCOUNTS_RECEIVABLE_NET_Deta

4. ACCOUNTS RECEIVABLE, NET (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Accounts Receivable Net Details	'	'
Accounts receivable	$421,000	$262,744
Unbilled receivables, not billable	'	37,806
Allowance for doubtful accounts	-23,554	-23,554
Total	$397,446	$276,996

4_ACCOUNTS_RECEIVABLE_NET_Deta1

4. ACCOUNTS RECEIVABLE, NET (Details Narrative) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Provision for doubtful accounts	$0	$23,554
Customer One [Member]	'	'
Total accounts receivable	57.00%	86.00%
Customer Two [Member]	'	'
Total accounts receivable	39.00%	'

5_INVENTORY_Details

5. INVENTORY (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Inventory Details	'	'
Finished goods	$92,644	$28,944
Total	$92,644	$28,944

5_INVENTORY_Details_Narrative

5. INVENTORY (Details Narrative) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Inventory Details Narrative	'	'
Provision for excess or obsolete inventory	$0	$0

6_PREPAID_EXPENSES_AND_OTHER_C2

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Prepaid Expenses And Other Current Assets Details	'	'
Advances to employees	$25,740	$15,755
Advances to suppliers	122,750	66,649
Prepaid listing fees	24,000	'
Advance deposit on acquisition	100,000	'
Insurance premiums	24,336	24,074
Service agreements	16,667	16,000
Other	44,076	16,731
Total	$357,569	$139,229

7_PROPERTY_PLANT_AND_EQUIPMENT2

7. PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
			Cost	Cost	Accumulated Depreciation	Accumulated Depreciation	Net Book Value	Net Book Value
Furniture and equipment	'	'	$22,290	$7,108	($466)	($35)	$21,824	$7,073
Total	$21,824	$7,073	$22,290	$7,108	($466)	($35)	$21,824	$7,073

7_PROPERTY_PLANT_AND_EQUIPMENT3

7. PROPERTY, PLANT AND EQUIPMENT (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Property Plant And Equipment Details Narrative	'	'
Depreciation expense	$431	$0

8_BUSINESS_COMBINATIONS_Detail

8. BUSINESS COMBINATIONS (Details) (USD $)	Mar. 31, 2014
Consideration:	'
Cash and cash equivalents	$200,000
Common stock	29,850
Fair value of total consideration transferred	229,850
Total identifiable net assets	'
Goodwill	$229,850

9_GOODWILL_AND_INTANGIBLE_ASSE2

9. GOODWILL AND INTANGIBLE ASSETS, NET (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Goodwill And Intangible Assets Net Details	'	'
Goodwill - Catalyst LED, LLC	$229,850	'
Goodwill, net	$229,850	'

9_GOODWILL_AND_INTANGIBLE_ASSE3

9. GOODWILL AND INTANGIBLE ASSETS, NET (Details 1) (USD $)	Mar. 31, 2014		Dec. 31, 2013
Intangible assets subject to amortization:	'		'
Total	$1,944,508		$2,009,892
Net Book Value	'		'
Intangible assets subject to amortization:	'		'
Customer relationships	533,000		'
Technology	1,411,508		'
Total	1,944,508		'
Amortization Period (Years)	'		'
Intangible assets subject to amortization:	'		'
Customer relationships	'	[1]	'
Technology	'	[2]	'
Gross Carrying Amount	'		'
Intangible assets subject to amortization:	'		'
Customer relationships	780,000		780,000
Technology	1,583,000		1,583,000
Total	2,363,000		2,363,000
Accumulated Amortization	'		'
Intangible assets subject to amortization:	'		'
Customer relationships	-247,000		-208,000
Technology	-171,492		-145,108
Total	-418,492		-353,108
Net Book Value	'		'
Intangible assets subject to amortization:	'		'
Customer relationships	'		572,000
Technology	'		1,437,892
Total	'		$2,009,892
[1]	5 year amortization period
[2]	15 year amortization period

9_GOODWILL_AND_INTANGIBLE_ASSE4

9. GOODWILL AND INTANGIBLE ASSETS, NET (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Goodwill And Intangible Assets Net Details Narrative	'	'
Amortization expense for intangible assets	$65,384	$65,384

10_OTHER_ASSETS_Details

10. OTHER ASSETS (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Deferred financing costs, net of accumulated amortization b Debt issue costs	$103,769	$91,632

11_ACCOUNTS_PAYABLE_AND_ACCRUE2

11. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Accounts Payable And Accrued Liabilities Details	'	'
Accounts payable	$404,308	$379,957
Accrued liabilities:	'	'
Board and executive compensation	115,890	139,500
Interest on convertible debentures	58,583	20,917
Finders fees	25,000	95,900
Billings in excess of cost and earned income	197,200	197,200
Reserve for estimated losses on uncompleted contracts	14,868	13,987
Other accrued liabilities	16,866	5,259
Total accrued liabilities	$428,407	$472,763

12_DISCONTINUED_OPERATIONS_Det

12. DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Sales	$1,214,467	$53,191
Cost of goods sold	1,128,260	56,550
Gross margin	86,207	-3,359
Operating expenses	45,576	261,014
Other income (expense)	'	'
Provision for income taxes (benefit)	'	25,780
Net income (loss)	40,631	-238,593
Baokai	'	'
Sales	'	36,973
Cost of goods sold	'	36,234
Gross margin	'	739
Operating expenses	'	-95,158
Other income (expense)	'	'
Provision for income taxes (benefit)	'	23,974
Net income (loss)	'	71,293
Wendeng	'	'
Sales	1,214,467	16,218
Cost of goods sold	1,128,260	20,316
Gross margin	86,207	-4,098
Operating expenses	45,576	356,172
Other income (expense)	'	'
Provision for income taxes (benefit)	'	-49,754
Net income (loss)	$40,631	($310,516)

13_INCOME_TAXES_Details_Narrat

13. INCOME TAXES (Details Narrative) (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Income Taxes Details Narrative	'
Net operating loss carryforwards	$8,000,000

16_DEBT_Details

16. DEBT (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Debt Details	'	'
7% Convertible debenture	$200,000	$150,000
9% Unsecured, convertible debenture	2,150,000	1,900,000
Loan discount on convertible debenture	-289,458	-264,132
Total debt	2,060,542	1,785,868
Less: Current portion	100,000	100,000
Long term debt	$1,960,542	$1,685,868

17_STOCKHOLDERS_EQUITY_Details

17. STOCKHOLDERS' EQUITY (Details) (Warrant [Member], USD $)	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Warrant [Member]	'	'
Shares outstanding	745,000	830,250
Warrants issued	'	'
Warrants exercised	-16,500	'
Warrants expired	-68,750	'
Warrants outstanding weighted average exercise price	$4	$4
Warrants exercised weighted average exercise price	$4	'
Warrants forfeited weighted average exercise price	'	'
Warrants outstanding remaining contractual life	'7 months 13 days	'9 months 18 days

17_STOCKHOLDERS_EQUITY_Details1

17. STOCKHOLDERS' EQUITY (Details 1)	3 Months Ended
	Mar. 31, 2013
Expected dividend yield	0.00%
Expected life (in years)	'1 year
Minimum [Member]	'
Risk-free interest rate	0.09%
Expected volatility	16.69%
Maximum [Member]	'
Risk-free interest rate	0.15%
Expected volatility	145.28%

19_SEGMENT_INFORMATION_Details

19. SEGMENT INFORMATION (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Sales	$183,565	$231,954
Cost of goods sold	185,546	219,317
Gross margin	-1,981	12,637
Operating expenses	952,907	574,503
Other income (expense)	-82,882	-4,419
Provision for income taxes	28,722	-40,313
Net income (loss)	-1,025,861	-764,565
ORC [Member]	'	'
Sales	110	208,355
Cost of goods sold	110	203,055
Gross margin	'	5,300
Operating expenses	63,466	37,500
Other income (expense)	20	57
Provision for income taxes	'	'
Net income (loss)	-63,446	-932,143
LED [Member]	'	'
Sales	183,455	23,599
Cost of goods sold	185,436	16,262
Gross margin	-1,981	7,337
Operating expenses	194,302	114,867
Other income (expense)	25	'
Provision for income taxes	'	'
Net income (loss)	-196,258	-107,530
Corporate [Member]	'	'
Sales	'	'
Cost of goods sold	'	'
Gross margin	'	'
Operating expenses	695,139	422,136
Other income (expense)	-82,927	-4,476
Provision for income taxes	28,722	-40,313
Net income (loss)	($806,788)	($386,299)

19_SEGMENT_INFORMATION_Details1

19. SEGMENT INFORMATION (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
			ORC [Member]	ORC [Member]	LED [Member]	LED [Member]	CorporateMember	CorporateMember
Total assets	$5,598,756	$20,368,526	$1,796,356	$1,903,094	$87,907	$712,806	$3,714,493	$461,781

19_SEGMENT_INFORMATION_Details2

19. SEGMENT INFORMATION (Details 2) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
			ORC [Member]	ORC [Member]	LED [Member]	LED [Member]	CorporateMember	CorporateMember
Goodwill	$229,850	'	'	$0	'	'	$229,850	'
Intangible assets	1,944,508	2,009,892	1,411,508	1,437,892	'	572,000	533,000	'
Property, plant and equipment	$21,824	$7,073	'	'	$8,137	$7,073	$13,687	'