Sino Agro Food Inc (fka SIAF)

[Emilez]

Can we put the list of conference call questions in a Google doc sticky?

Mine so far (I don't expect to ask all of them):


Annual report 2013

1. How big percentage of the of the mega farm do you need to own to have controlling power? (one entity controls 55%, is it enough to control more than half of that entity?)

2. How big part of the mega farm do you plan to own and how will you raise the money?

3. How will you avoid being over optimistic about financing in the future?

4. When will the mega farm generate free cash flow that can be handed out to the shareholders In the form of dividends or buybacks?

5. How will it affect you financially when prices of shrimp drop down to normal levels?

6. When will you decide on a dividend policy? What was the original plan that you decided not to go forward with?

7. Can we have quarterly or semi-annual dividends? Would increase shareholder confidence.

8. When will dilution stop? Mega farms e.t.c. means nothing as long as dilution and dumping doesn't stop.

9. Does management plant to reward itself somehow in the future or is it enough with the shares that you own in the company and the wages?

10. What is your production total production cost for shrimp including all related costs?

11. Why is the Swedish subsidiary still dormant?

12. Why did the financing fail?

13. Why not change name of the company to show that it is a technology company? And of course remove "Sino" from the name.

14. The land for the mega farm is 8 feet below sea water according to Google Earth. Any comment on that? Makes me a bit worried that you will have a lot of delays as you did with another fish farm that was going to be build on bad ground.

15. Wouldn't it make sense to take a one year loan now to bridge until you are cash flow positive? You've said you'd be able to get a one year loan.

16. Your best investment right now must be to buy back shares.

17. Can you explain the lifecycle of a financing share? Has SIAF hired someone to sell the financing shares on the market on behalf of your partners or who controls the dumping process?

18. How many shares do you have option on to buy back outside the normal market place? I recall you having said that you have an option to buy back ten million shares from a partner.

19. At what stage are you in the process of being able to build a beef mega farm?

20. What dividend policy did you plan to announce but in the end decided not to?

21. " as in many cases the interest rates required being too high and too expensive for the Company to carry, and therefore impossible to consider". How high are the interest rates of the loans that you have said no thanks to?

22. Why did the dragon status not help you with financinf SJAP?

23. Now you have your mega farm. Is it not time to take it easy with capex for a while to make life less miserable for your shareholders?