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Re: phoenike post# 125944

Tuesday, 12/12/2017 12:33:02 PM

Tuesday, December 12, 2017 12:33:02 PM

Post# of 163716

For me the price looks like all time undervalued, but I might be wrong. When SIAF was printing stock liek crazy I feel like PE1 makes more sense, we now also have a loan comming up that I guess only excisted in dreams by then, no?


I originally purchased right before the ECAB deal back in 2014 because Solomon spoke about private financing that would come in that would put an end to dilution, which was the reason for the undervalued price at that time in my opinion. Nobody believed Solomon, and then the ECAB deal was announced which sky rocketed the price from like $4 to $17 dollars over a short period of time.

For me the price looks like all time undervalued, but I might be wrong. When SIAF was printing stock liek crazy I feel like PE1 makes more sense, we now also have a loan comming up that I guess only excisted in dreams by then, no?
I again, think this is a very similar situation where Dan basically tells us even over the conference call that the loan is almost closed, yet no one believes him. They want to wait until the actual announcement which is fine. 2 years ago I don't think we could have ever imagined getting a loan of this size from the respected banks that have been speculated to be involved here. Dilution has always been the problem even with the collateral shares recently, and by proving to the market that you can finally acquire debt financing as opposed to using equity, that will send a huge message. On top of that, the growth from the MegaFarm is why many investors originally got involved and with the loan we can finally ramp up production. And now we are finally at the point where we are no longer playing bank to Tri-way so cash flow from CA is ours to payout dividends/buyback shares as Solomon has told TS and as other board members have confirmed.

So to answer your question, I believe it is the most undervalued the company has ever been.

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