Quarterly report pursuant to Section 13 or 15(d)

ACCOUNT RECEIVABLES, NET (Tables)

v3.7.0.1
ACCOUNT RECEIVABLES, NET (Tables)
6 Months Ended
Jun. 30, 2017
Accounts Receivable [Member]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Account receivables consisted of the following:
 
 
 
June 30,
 
December 31,
 
 
 
2017
 
2016
 
 
 
(Unaudited)
 
 
 
Listing fee
 
$
434,309
 
$
1,403,255
 
Authorized agent subscription revenue
 
 
924,751
 
 
995,453
 
Monthly commission fee
 
 
1,096,223
 
 
605,677
 
Others
 
 
54,145
 
 
54,183
 
Less: allowance for doubtful accounts
 
 
-
 
 
-
 
Account receivables, net
 
$
2,509,428
 
$
3,058,568