Annual report pursuant to Section 13 and 15(d)

Advances to Suppliers (Tables)

v3.3.1.900
Advances to Suppliers (Tables)
12 Months Ended
Dec. 31, 2015
Advances to Suppliers [Abstract]  
Schedule of advances to suppliers

    December 31, 2015     December 31, 
2014
 
Prepayments made for fishing nets and spare parts   $ 4,093,597     $ -  
Prepayments made for fish goods(1)     31,900,549       -  
    $ 35,994,146     $ -  

 

(1) According to related signed agreement, the Company has the right to receive refund for these prepayments if the fish goods did not meet contract quality specifications.