Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
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

    Three Months Ended
March 31,
 
    2017     2016  
Net income (loss) available to owners of the Company for basic and diluted net income (loss) per share of ordinary share   $ 9,920,154     $ (5,100,379 )
Weighted average ordinary shares outstanding - basic and diluted     79,055,053       79,055,053  
Net income (loss) per ordinary share attributable to owners of the Company - basic and diluted   $ 0.13     $ (0.06 )