Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statement of Changes in Shareholders' Equity

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Unaudited Condensed Consolidated Statement of Changes in Shareholders' Equity - 6 months ended Jun. 30, 2015 - USD ($)
Total
Ordinary Shares [Member]
Additional paid-in capital
Retained earnings
Statutory Reserves
Accumulated other comprehensive income
Non-controlling interest
Balance at Dec. 31, 2014 $ 149,258,934 $ 79,055 $ 117,525,377 $ 21,315,710 $ 6,412,892 $ 3,925,900  
Balance (in shares) at Dec. 31, 2014   79,055,053          
Non-controlling interest contribution 65,228,381   49,692,559     $ (171,484) $ 15,707,306
Acquisition of fishing vessels from related parties (56,206,080)   $ (56,206,080)        
Net income 6,832,197     $ 6,741,251     $ 90,946
Dividend declared (1,581,101)     $ (1,581,101)      
Foreign currency translation adjustment 1,112,451         $ 880,867 $ 231,584
Balance at Jun. 30, 2015 $ 164,644,782 $ 79,055 $ 111,011,856 $ 26,475,860 $ 6,412,892 $ 4,635,283 $ 16,029,836
Balance (in shares) at Jun. 30, 2015   79,055,053