Quarterly report pursuant to Section 13 or 15(d)

PREPAID EXPENSE (Details)

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PREPAID EXPENSE (Details) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Prepaid Expenses and Deposits [Line Items]    
Prepayments on fuel, consumables and equipment $ 258,085 $ 0
Prepaid fishing licenses 0 668,589
Others 0 2,820
Prepaid Expense and Other Assets, Current Total $ 288,292 $ 4,309,574