Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v2.4.0.8
INVENTORIES (Tables)
9 Months Ended
Sep. 30, 2014
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
At September 30, 2014 and December 31, 2013, inventories consisted of the following:
 
 
 
September 30, 2014
 
December 31, 2013
 
 
 
 
 
(As Restated)
 
Frozen fish and marine catches
 
$
6,033,328
 
$
9,095,736
 
 
 
 
6,033,328
 
 
9,095,736
 
Less: reserve for obsolete inventories
 
 
-
 
 
-
 
 
 
$
6,033,328
 
$
9,095,736