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I hope you are right. Four to five weeks ago, you said the loan is imminent. Apparently, there is no loan.
If they are serious about creating shareholder value, they need to sell assets: Hu, SJAP, HSA, MEIJI, etc. But they wont do that. Other than lying to shareholders, they are not going to do anything. The old shareholders give up, there will be new shareholders. Solomon has no worry and he will always be the king.
Emptyone, no way that they are going to get a mega loan. Forget about it.
Based on the pr today, I think they did not get the loan.
Emptyone, I am with you. There is another Chinese micro NQ, which sold its two subsidiaries for 325 million RMB.So far, they have received 135 million payment, yet pps barely moves. No one cares about those companies.
Besides, SIAF has the accouting firm issue. NO big players will join in, not in the distant future.
were you the one who met Solomon in September and said you would be surprised if this pig is not above 10 near year end? have to say you are the smart one, at least you have not hold this pig for yeats.
I would like to see the granted loan, but I am afraid that you are Handlamera v2.
Last year in June, they told us in the cc that a conventional loan would be closrd in two to three weeks. No, it never came. Just saying.
Account receivables for CA from TRW:
Date: 0-30days 31-90 91-120 over120
March 31st 0, $15.6m, $24.1m, $9.6m
June 30th 0, 0, $45.1m, 0
Sept. 30th $2.9m, 0, 0, $40.9m
All the debts from Q1 should be in over 120 days category when it came to June 30th. But where did the $45.1m come from? Q2 has 91 days.
Both the numbers were from Sept. 30th, which was before the date (Oct. 5th) they could exercise the option. I think they may refer to the same debt. After conversion, the debt will be minimum from TRW.
where are the triggers? where is the mega loan? it seems no one talks about them any more.
Anyone still thinks Solmon is going to get the loan? Its been two months since his visit to Europe.
RD, if the lender sold due to breaching of some fine prints, such as Solomon was late printing collteral shares, I am afraid that shates sold by them were free shares to them. Namely, they are still entitled to the original loan amount.
It means that they failed in getting loans, at least not on time. What a surprise.
http://www.ncpsy.org/ncpsy/portal/sydetail.jsp?dimenno=442000027690#article_id0
Five patents's jpg file.
http://www.ncpsy.org/nytsyFiles/zizhi/2017092716040264468.jpg
http://www.ncpsy.org/nytsyFiles/zizhi/2017092716041044886.jpg
http://www.ncpsy.org/nytsyFiles/zizhi/2017092716041044886.jpg
http://www.ncpsy.org/nytsyFiles/zizhi/2017092716040669483.jpg
http://www.ncpsy.org/nytsyFiles/zizhi/2017092716035910127.jpg
http://www.ncpsy.org/nytsyFiles/zizhi/2017092716035567796.jpg
I think you missed the posts by TS, RD and several others. According to them, Solomon actually said 6 to 7 weeks.
TS, it is the last day of the seventh week. I guess it is still the same old...
Short interest went up to 61,400 from 1,500.
Also, it has the following: Yili is SIAF and it is in Zhongshan, so it is AF4.
Zhongshan Yili Development Co., Ltd. Deputy General Manager, Zhongshan Huali Crop Quality Control Research Institute Director Lai Xionglin introduction, in May 2014, a force settled in Zhongshan, relying on the United States Yili Agricultural Group to provide technical and operational experience, vigorously develop green Breeding, planting integrated ecological industry. Among them, Zhongshan City, China Agricultural Science and Technology Co., Ltd., South China Agricultural University, the Provincial Academy of Agricultural Sciences participated in the technical cooperation.
The United States Yili Agriculture Group is a high-tech agricultural projects and modern aquaculture projects as a leading group, which has "a cycle of aquaculture systems and technology (apras)" and a number of the world's leading agricultural breeding technology, in the Aquaculture field, but also has many features and advantages.
In the modern plant shed culture area, due to the adoption of automation equipment, nearly 20,000 square meters of aquaculture area, only a small number of aquaculture personnel management. "We have constant temperature equipment, the water temperature control in the fish the best growth temperature. And the fish pond water is recycled, the fish feces can be transformed into organic fertilizer, planted in the cultivation of vegetables in the park to achieve a green cycle." New students introduced, this circulatory system raised fish to taste good taste, no muddy taste, and meat crisp, very popular with the market.
"The core technology in the shed is the United States a force of the company's constant temperature system, the water temperature is generally controlled at about 20 ?, suitable for fish growth." Su Xinsheng said, in addition to this constant temperature system, there is a standardized breeding methods. For example, when the water, the concentration of water, when the feed, feed the proportion of how much, have a scientific management system.
According to Su Xinsheng, they formed a team of experts responsible for the greenhouse culture, including six long-term work in Zhongshan, a US expert, as well as more than 20 domestic aquaculture experts. Zhongshan Yili Agricultural Development Co., Ltd. Culture Department Ye Wei is one of them, which is to enjoy the special allowance of the State Council, the domestic experts engaged in aquaculture.
a new article
http://www.shuichan.cc/news_view-341491.html
Within it:
According to Su, they formed a team of experts responsible for the aquaculture, including six long-term US experts in Zhongshan, as well as more than 20 domestic aquaculture experts. Zhongshan Yili Agricultural Development Co., Ltd. Culture Department Ye Wei is one of them, which is to enjoy the special allowance of the State Council, the domestic experts engaged in aquaculture.
High-density farming to achieve high output
"You see, which is holding Jade Perch, fish pond 4 meters deep." Lai Xionglin pointed out one of the pool, the general pond water depth is 1.2 meters, and the pool is 4 meters deep, be deep water farming.
In this pool wall has a small whiteboard, marked with the pool number, variety, time, water, quantity, administrator and other information. Reporters saw the pool of water for the 150 cubic meters, the number of Jade Perchs reached 10,000, is the stock in July this year.
Su Xinsheng introduction, a Jade Perch can be raised to about 0.75 kg, the pool production can reach 7500 kg; such as the market price of about 40 yuan per kilogram, the output value of the pool up to 30 million, equivalent to each cubic meter of water Output up to 0.2 million yuan.
Macculochella peeli, 150 cubic meters of water, produces up to 1000; Macrobrachium rosenbergii, 150 cubic meters of water, raises 50,000; Goby, 150 cubic meters of water, raises 10,000 ... ... in a force of the shed, such a high-yielding pool Has been enabled.
"Factory farming began in April this year, it is estimated that next year before the Spring Festival products can be listed." Su Xinsheng said.
Emptyone, you should have said this to Dan and Solomon, not to us in iHub. Both of them are very arrogant.
Snow, thanks for sharing this remarkable experience.
Jyyoo, they announced a loan in June last year, never came through no matter how they spin the story. I think Solomon arranged his CAPEX based on that loan. I think that was part of the reason why he paid back 16 million to ECAB.
it could also be because they have no options. there is no rabbits in their sleeves.
Merkur closed under 10. Fabulous. Judging from trading, no loan will come whatsoever?
TS, this week is the seventh week, I am afraid you will be disappointed.
Through the first nine months of 2016 AF1-3 produced 8,999 metric tons: sleepy cod (321), Giant Mottled Eel (265), Prawns (1,844), and Finfish (6,569), generating revenue from the sale of goods of $57.5M and gross profits of $13.1M.
Throughout the 2016, the Company produced 12,023 metric tons: sleepy cod (380), Giant Mottled Eel (362), Prawns (2,464), and Mixed Fresh-water fish (8,817), generating revenue from the sale of goods of $86M.
Oops, AF4 does not produce much.
So in 2016, Q4 produces sleepy cod (380-321 = 59), Giant Mottled Eel (362-321 = 40), Prawns (2,464-1,844 = 620), and Mixed Fresh-water fish (8,817-6569 =2,248), generating revenue from the sale of goods of $86M -$57.5M = $28.5M.
TS, did Solomon indicate when F1 might be filed?
TS, in the past, Solomon promised many things, how often did these things occur? Not often at all. Their quietness and nonwillingness confirming the PR says a lot about the future of the loan.
RD, this week's 5 day moving average will certainly be the lowest, so how many new collateral shares do you expect for next week?
funny. you do not even understand that was last year, nor do you understand there was no conversion.
your company really need to hire someone else to do the job.
I asked this already, I will ask you again, how did they pay back ECAB 16 million dollars last year if they do not have cash flow? If you cannot answer that, then you should discontinue to post here.
So some half million new shares are coming? If RD is correct, the pps needs to be lower than $1.368.
Emptyone, did you talk to the company today? What did they say regarding the PR?
Maybe your 5 day moving average theory is correct. It seems to me that someone is defending $1.38. This morning, whenever someone sold to $1.38, there was a new 3500-share bid @$1.38 placed. I saw this at least three times. Then the price began to tick up. Maybe the sellers gave up.
I said that, you mentioned something like 5 day moving average.
A new ATL is coming today or tomorrow.
fwb: I sent an email to Peter the very day the PR was released. I asked him whether the PR was fake or not. I never got a reply from him.
The PR looked very suspicious to me.
Interesting, where did you get the confirmation?
There was one trade @1.52 3920 shares in btw $1.40 PPS. How could this happen?