Quarterly report pursuant to Section 13 or 15(d)

Advances to Suppliers (Details)

v3.5.0.2
Advances to Suppliers (Details) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Advances to Suppliers [Abstract]    
Prepayments made for fishing nets and spare parts $ 3,690,128 $ 4,093,597
Prepayments made for fish goods [1] 31,045,805 31,900,549
Advances to suppliers $ 34,735,933 $ 35,994,146
[1] According to related signed agreement, the Company has the right to receive refund for these prepayments if the situation of demands and supplies changes.