RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2018

Related Party Transactions [Abstract]

Schedule of accounts receivable with related parties

Below is a summary of accounts receivable with related parties as of September 30, 2018 and December 31, 2017, respectively:

Name of Related Party	As of September 30, 2018		As of December 31, 2017
(a)   Allstate Trading Company Inc.	$	8,908	$	176,660
(b)   Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”)		98,833		87,814
(c)   Eagle Food Service LLC		344,188		656,799
(d)   Fortune One Foods Inc.		144,831		154,904
(e)   Eastern Fresh LLC		902,518		340,114
(f)    New Marco Food Inc.		—		170,129
(g)   Enson Trading LLC		72,872		340,114
Total	$	1,572,100	$	1,586,420

a. Mr. Zhoumin Ni, the Chairman and Chief Executive Officer of the Company, owns 40% equity interest of this entity;

b. Mr. Zhou Min Ni owns 45% equity interest of this entity;

c. Tina Ni, one of Mr. Zhou Min Ni’s family member owns 50% equity interest of this entity;

d. Mr. Zhou Min Ni owns 17.5% equity interest of this entity;

e. Mr. Zhou Min Ni owns 30% equity interest of this entity;

f. Mr. Zhou Min Ni owns 30% equity interest of this entity.

g. Mr. Zhou Min Ni owns 25% equity interest of Enson Trading LLC.

Schedule of advances to related party suppliers

Below is a summary of advances to related party suppliers as of September 30, 2018 and December 31, 2017, respectively:

Name of Related Party	As of September 30, 2018		As of December 31, 2017
(1)   Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”)	$	—	$	2,978,161
(2)   Ocean Pacific Seafood Group		247,724		145,888
(3)   Han Feng Information Tech. Jinhua Inc.		—		5,167
(4)   NSG International Inc. (“NSG”)		65,092		119,093
(5)   Revolution Industry LLC		362,077		—
Total	$	674,893	$	3,248,309

(1) Mr. Zhou Min Ni owns 45% equity interest of this entity. The large advances to Enson Seafood GA Inc. (‘‘Enson Seafood”)made in 2017 was a result of the Company’s decision to take advantage of the large refrigerated facilities owned by Enson Seafood. The Company made these advances to Enson Seafood for the purchases of large quantities of frozen foods. Enson Seafood takes possession of these frozen goods until they are shipped based on the Company’s sales orders. The Company did not include these advanced purchases in its inventory since the title and risk of these goods remained with Enson Seafood;

(2) Mr. Zhou Min Ni owns 25% equity interest of this entity;

(3) Mr. Zhou Min Ni owns 37% of its equity interest;

(4) Mr. Zhou Min Ni owns 30% of its equity interest;

(5) Mr. Zhou Min Ni owns a 51% equity interest in Revolution Industry LLC.

Schedule of outstanding loans to various related parties

As of September 30, 2018 and December 31, 2017, the outstanding loans to various related parties consist of the following:

Name of Related Party	As of September 30, 2018		As of December 31, 2017
Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”)	$	1,848,524	$	550,000
NSG International Inc. (“NSG”)		6,218,310		5,993,552
Eastern Fresh LLC (“Eastern”)		—		316,504
Revolution Automotive LLC (“Revolution Automotive”)		465,532		—
Total	$	8,532,366	$	6,860,056
Less: Current portion	$	38,049	$	—
Total	$	8,494,317	$	6,860,056