Annual report pursuant to Section 13 and 15(d)

Shareholders' Equity (Tables)

v3.8.0.1
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Shareholders' Equity [Abstract]  
Summary of warrants outstanding and exercisable
Warrants outstanding     Warrants exercisable  
Exercise price     Number outstanding at December 31, 2017     Weighted average remaining contractual life (years)     Weighted average exercise price     Number exercisable at December 31, 2017     Weighted average exercise price  
$ 12.00       8,966,667       0.2     $ 12.00       8,966,667     $ 12.00  
Schedule of statutory reserve activities
    Pingtan Fishing     Fujian Heyue     Total  
Balance - December 31, 2015   $ 8,587,645     $ 804,182     $ 9,391,827  
Addition to statutory reserve     -       -       -  
Balance – December 31, 2016     8,587,645       804,182       9,391,827  
Addition to statutory reserve     3,586,516       -       3,586,516  
Balance – December 31, 2017   $ 12,174,161     $ 804,182     $ 12,978,343