Ocean Smart, Inc. (Ocean Smart), formerly Edgewater Foods International Inc., is an aquaculture company. The Company is the parent company of Island Scallops Ltd. (Island Scallops). Island Scallops is engaged in the farming, processing and marketing of marine species like scallops and sablefish. Island Scallops� hatchery operations have diversified to produce other species of shellfish, such as mussels, clams, geoducks and oysters. Island Scallops� primary product is farmed Qualicum Beach Scallop for sale throughout North America. Island Scallops offers a range of other products and services to the industry, including aquaculture equipment, consulting, research and development, and custom processing and marketing. Internationally, Island Scallops has collaborated with both Japanese and Moroccan fisheries interests.