Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses

v2.4.1.9
Prepaid Expenses
12 Months Ended
Dec. 31, 2014
Prepaid Expenses [Abstract]  
PREPAID EXPENSES

NOTE 6 – PREPAID EXPENSES

 

At December 31, 2014 and 2013, prepaid expenses consisted of the following:

 

    December 31, 2014     December 31, 2013  
Prepayments on consumables and equipment   $ -     $ 3,638,165  
Prepaid fishing licenses     -       668,589  
Other     32,913       2,820  
    $ 32,913     $ 4,309,574