Quarterly report pursuant to sections 13 or 15(d)

OTHER RECEIVABLES

v2.4.0.8
OTHER RECEIVABLES
9 Months Ended
Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Other Receivables [Text Block]
6.
OTHER RECEIVABLES
 
Other receivables as of September 30, 2013 and December 31, 2012 consisted of the following:
 
Merchant Supreme
 
Non-current portion
 
 
 
September 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
Grants receivable from the PRC Government
 
$
3,283,333
 
$
-
 
 
Other receivables represented grant receivables for restructuring new fishing vessels.