Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.6.0.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]  
Summary of estimated useful lives of the assets
     Estimated useful life
Fishing vessels    10 - 20 Years
Vehicles    5 Years
Office and other equipment    3 - 5 Years
Schedule of the reconciliation of basic and diluted net (loss) income per share

    Year Ended December 31,  
    2016     2015     2014  
Net (loss) income available to owners of the Company for basic and diluted net (loss) income per share of ordinary stock   $ (13,717,623 )   $ 18,352,917     $ 85,760,705  
Weighted average ordinary stock outstanding - basic and diluted     79,055,053       79,055,053       79,055,053  
Net (loss) income per ordinary share attributable to owners of the Company - basic and diluted   $ (0.17 )   $ 0.23     $ 1.08