Quarterly report pursuant to sections 13 or 15(d)

CASH (Tables)

v2.4.0.8
CASH (Tables)
6 Months Ended
Jun. 30, 2013
China Dredging Group Co Ltd [Member]
 
Cash and Cash Equivalents Classification and Exposure To Credit Risk [Table Text Block]
Cash is classified by geographical areas is set out as follows:
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
Hong Kong
 
$
-
 
$
3,565,355
 
 
 
 
 
 
 
 
 
Maximum exposure to credit risk
 
$
-
 
$
3,565,355
 
 
Cash is denominated in the following currency:
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
USD
 
$
-
 
$
3,565,355
 
 
China Dredging
 
Cash is classified by geographical areas is set out as follows:
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
Hong Kong
 
$
2,404,303
 
$
105,530
 
The PRC
 
 
17,792,088
 
 
164,957,045
 
 
 
$
20,196,391
 
$
165,062,575
 
 
 
 
 
 
 
 
 
Maximum exposure to credit risk
 
$
20,196,391
 
$
165,062,575
 
 
Cash is denominated in the following currencies:
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
USD
 
$
2,919,092
 
$
506,986
 
RMB
 
 
17,234,437
 
 
164,399,529
 
HKD
 
 
42,862
 
 
156,060
 
 
 
$
20,196,391
 
$
165,062,575
 
Merchant Supreme Co Ltd [Member]
 
Cash and Cash Equivalents Classification and Exposure To Credit Risk [Table Text Block]
Merchant Supreme
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
Hong Kong
 
$
704
 
$
862
 
The PRC
 
 
609,319
 
 
6,859,923
 
 
 
$
610,023
 
$
6,860,785
 
 
 
 
 
 
 
 
 
Maximum exposure to credit risk
 
$
610,023
 
$
6,860,785
 
 
Cash is denominated in the following currencies:
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
USD
 
$
150,038
 
$
150,001
 
RMB
 
 
459,281
 
 
6,709,922
 
HKD
 
 
704
 
 
862
 
 
 
$
610,023
 
$
6,860,785