Quarterly report pursuant to Section 13 or 15(d)

RESTATEMENT OF INTERIM FINANCIAL RESULTS (Details 2)

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RESTATEMENT OF INTERIM FINANCIAL RESULTS (Details 2) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net income from continuing operations $ 14,194,530 $ 5,044,031 $ 52,425,607 $ 17,315,920
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 753,519 549,927 4,022,232 1,160,603
Changes in operating assets and liabilities:        
Accrued liabilities and other payable     241,133 5,613,387
Net cash provided by operating activities from continuing operations     16,378,873 4,069,437
Payment for fishing vessels deposit     0 (3,271,878)
Purchase of property, plant and equipment     (1,268,934) (213,813,927)
Decrease in cash related to sale of subsidiary     0 (76,987,656)
Net cash used in investing activities for continuing operations     (38,481,425) (291,893,941)
Cash acquired in recapitalization     0 3,565,355
Net cash provided by financing activities from continuing operations     25,876,490 47,854,247
Net cash provided by operating activities from discontinued operations     0 69,652,492
Scenario, Previously Reported [Member]
       
Net income from continuing operations   5,939,018   17,400,058
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation       2,268,063
Changes in operating assets and liabilities:        
Accrued liabilities and other payable       2,602,770
Net cash provided by operating activities from continuing operations       2,250,418
Payment for fishing vessels deposit       0
Purchase of property, plant and equipment       (216,850,307)
Decrease in cash related to sale of subsidiary       0
Net cash used in investing activities for continuing operations       (214,670,787)
Cash acquired in recapitalization       0
Net cash provided by financing activities from continuing operations       44,288,892
Net cash provided by operating activities from discontinued operations       71,420,962
Restatement Adjustment [Member]
       
Net income from continuing operations   (894,987)   (84,138)
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation       (1,107,460)
Changes in operating assets and liabilities:        
Accrued liabilities and other payable       3,010,617
Net cash provided by operating activities from continuing operations       1,819,019
Payment for fishing vessels deposit       (3,271,878)
Purchase of property, plant and equipment       3,036,380
Decrease in cash related to sale of subsidiary       (76,987,656)
Net cash used in investing activities for continuing operations       (77,223,154)
Cash acquired in recapitalization       3,565,355
Net cash provided by financing activities from continuing operations       3,565,355
Net cash provided by operating activities from discontinued operations       $ (1,768,470)