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From your mouth to G-D's ear. I along with you and many, many others have been buried under this mismanaged cesspool for way too long. We have tubes coming from every which way gasping for air. We are on our final breathes unless they unearth enough dirt to keep us alive. I've asked a Chinese Law Expert and a Investigator to look into this company but have not found their response as of yet. I'm down 80-90%. I'm not greedy, I just want to live.
You're absolutely spot on. I cannot see any reason for it other than screwing existing holders. The system is simply rotten. Besides outright illegal crooks, they have created legal loopholes to become legal crooks like this. Nothing will ever happen to them other than they'll make bank, and do it again sometime down the road... This is not something new. I've been screwed like this before, lucky for me not this time around. Sorry that you had this experience. Unfortunately I know the feeling all too well. Maybe just hold onto the shares and ride it out... I do not think this will break under $1... but who really knows for sure? Best of Luck
Hey Joe,
So what do you think of this nowadays? Did you sell before this huge drop?
Your math is off by a decimal place. If using O/S of 40 M X $10 USD = $400 Million MKT CAP. You say $500 M, that makes it worth $12.50 USD/Share. I'd be ecstatic with that, most everyone here would be too.
Really you claim that...
Without Proof of a Verifiable Source what good are your claims...
Dude, If Tony cannot see through the scheme from his perch then not too many can. If he sold his soul to the devil, well not much we can do to redeem him other than prayer. I do not think he would ignore such obvious conditions and circumstances for a learned man over such extended periods if he had even a shred of self respect and dignity in him.... which I do believe he possesses. I think you are the one who has taken misinformation from your 'sources' and derived such conclusions. Fortunately for those of us who sunk in much believing in a positive outcome, this I do believe will come to fruition. And for you I'm unsure what you derive out of all this negitivity claiming you are not shorting shares.... what truly is your motive (please don't claim it's only your altruistic nature)?
100% Agreed. Nothing Less than honest verifiable numbers will rectify and clarify for the 99.999% who are now staunch critics and doomsayers. For the company to remain a viable entity for its public investors... and to truly flourish and fulfill it's promise. Nothing less will do, especially now and for the long term.
Please Provide Proof to your statement:
I agree, as my estimated upside 600%-1000% coincides with those numbers.
What you say is 'logical', yet this entire enchilada of a Co. and it's horrific stock performance seemingly defies logic. Any viable, and I can't overemphasize 'VIABLE' Company who's Market Price is a mere 2% of it's Documented Intrinsic Value, is far and beyond ridiculously illogical. So the question that still remains is when and where this drama plays out? One dictator, or maybe a few control it's entire destiny. Outside Investor Shareholders, and I mean 'Holders' of these now near empty ($0.28 USD) mispriced valued shares, have been terribly mistaken to hold for so long, but to sell it here and now IMHO is a BIG Mistake... as the downside is 28 cents, and upside is at least 500% to 1,000%. It's been a hard pill to swallow such degradation... But Investors have always been and will always be at their mercy. Lord Above, Please Answer our Prayers.
This has been a never ending Rinse and Repeat... Draining Cycle and Must be put to a final Resting Place... Pleeeease, No MAS. I do hereby declare, it's OVA. Give whatever exists as to the Product and Procedure to a Company Capable of Getting Things Done, and let this Disaster die, Die, DIE already, for Crying Out Loud! The Horrible Operators and the Stock Manipulators here have DECIMATED EVERY 'INVESTOR'. In the company's most recent S-1 SEC filing it shows that a $4 + Million Dollar Investment made into this POS just a mere 3 years ago, would be worth a Whopping $1.86 Today. Yes you read that right... it's just that Asinine Ridiculous, if it weren't Actually True. The Just and Right Thing to do here and now is show mercy and finally give this puppy up (for adoption), or for Heaven Sakes just open up the freakin front or back door and set it free... enough is enough already, Pleeeease.
Thankfully I do not have anything whatsoever 'invested' here. However I once had a few thousand shares about eight years ago, and that too proved out to be a near Total Disaster. Nothing has Changed for the Company still exists, but for investors here it's gotten much, much, much worse. I do not think even one person has held out for these past 10 or so years... how could they? Yet if they had, it's probably worth a fraction of a penny no matter how much they initially 'invested', whether it were $10,000,000.00 or $0.10.
Quite amazing how practically nothing seems to make much sense here. No definitive proofs of real business, thriving businesses. Where are the definitive identifiers to prove what is or isn't true? No third party evaluations that I'm aware of to show there's real meat on these crummy ole bones. What a huge mistake investing into this mess. I just would like to know they own what they say they own. produce what they claim they;re producing... is that unreasonable? Is this entire enchilada a mirage? How in the heck can it be verified that this is not a massive scam without legitimate third party intervention and investigation? Maybe the sole intent is to drain the remainder of us into insolvency?
Some Where... Where? Magic, sleight of hand, he's going to pull a rabbit? Can you explain the following... such skewed amounts.
a good entrepreneur would have a keen eye and be open to suggestions, unless he were in a vacuum or had everything set in stone and cannot adjust. Other than that the guy/gal is a mediocre or poor entrepreneur who will not realize the potential, that is if there was any to begin with. I do not even know if they actually harvest and have sales, some suggest the facilities do not exist or they are exaggerated, or they do not possess true title/ownership. This entire 'thing' is a giant mess for outside investors who've somehow stuck their toe into it. Choices are now to either take a tremendous loss by pulling out, or stick with it and see how, if, and when it does play itself out.
100% agreement
Hi, I did not get the bearer shares in my account. I have 3,800 shares of MOLGY in account. How can I get the buyout price of $1.4814 per share? Thanks
Chris are you alive??? If so, Please Respond.
Help the few brave and trustful who have been doused in the poo you dumped on them.
THEFT, THEFT, THEFT... The CEO (Jeff Kang> his English made up name) Arranged for The Complete Destruction of Shareholders by arranging A Complete Total Theft of Investors Money. There was documented evidence of the sale transaction being completed, and the Millions of Dollars of proceeds were said to be realized (meaning invested in safety such as banks, gov't paper, etc.) and was to be held for the company Shareholders to decide the fate as to how it was to be used or distributed. I'm one of those shareholders.. But they (the controllers of the/our/my money) just Disappeared and seem to have Stolen Everything. There is no way I could find to contact them... they completely stopped communication. What did the SEC do to rectify this situation? ABSOLUTELY NOTHING. So Where's my money???? It's been STOLEN By the Insider(s) controlling it. A portion of the total amount derived by the sale of the company assets rightfully belongs to me. It should have been our determination of weather we wanted it further invested or returned to us in cash. We are the rightful owners of it... Kang, do you have any morals and ethics? If so, do something to rectify this injustice. Let me have my money and my life back. You have stolen it from me, KINDLY RETURN IT.
So What does 40-50 million shares really mean in the Grand Scheme of Things? The most upsetting and most incredible thing here is the constant contention of...Is it real?, And if so, is it owned by SIAF? And if so, How much is it really worth? Then Next is How will a ROI from Investors standpoint ever be realized, and when? Sure # of New Shares outstanding Dilutes, but if these are our assets and if there's a real, good, solid business plan, and if there is an exit plan for us to realize a decent ROI, then All investors at this level should do very well. So the question remains the same... After all this time, Why on earth haven't they found a way to PROVE Themselves to their own Investors? This tremendous tension has to break one way or the other sometime very soon.. It's hurt so many people, and the carnage must end. If unwilling to relent... The real dilemma here is who can FORCE Solomon and Company to show their hand???? ....anyone, Anyone????
good question
Simple Prayer of the Invested.... Heaven help us (the invested) survive this nightmare.
IS it now the Real Deal of the decade ??? , OR, is it Real POND SCUM ??? that is the ????????
110% correct. The pain is most definitely palpable. Thing is the many who've lost here have likely been taken by only a few. Other than Solomon (and his band of thieves, I'll call them the StockDumpingSyndicate SDS), Whom else has capitalized on Investors??? Obviously the serial posters here ZeroHedge, MarkJ and joenatural are capitalizing on investors woes, or they wouldn't be so freaken negative 100% of the time telling everyone and their Mothers to Sell, sell, sell (claiming it's going to 5 cents, or down to zero). So now Whom else besides Solomon's dumping posse and the 3SkyisFallingMusketeers are part of the manipulating group of Pond Scum that have been taking investors to the cleaners?
LOL, maybe. Yet u n ur fellow brethren just luv to feed off the decaying scum at the bottom of the waste pond. So if not for us longs holding onto our hopes n dreams as we anxiously yet peacefully, await the flow of the fine wine, delish sushi (farm raised, of course), fed to us by the beautiful farm raised mermaids raised at our mega-farm. (Graciously provided to the $100 party by your good buddy, the mad chain-smoking king Solomon (Lee) that you'll be a missin. So Cheers Bro as another beautiful milk 'n honey Mermaid puts another delicious morsel on my tongue... TaTa Sucker.
?Fake News from Donald Dump Trump:
Chinese President Xi's daughter Xi Mingze marries Solomon Lee's son Smoked Fish in a private ceremony. Xi Mingze as per her new husbands request persuades her Daddy into making SIAF A New State Run Enterprise. SIAF Investors and shareholders Go into a Happy, happy dance, and they re book and CONFIRM their long overdue reservations to the $100 Party in Las Vegas.
On a side note Board Naysayer's SubZero, MarkJ and joenatural for all their non-stop rhetoric of disparaging remarks are being forgiven by SIAF shareholders, who are a very kind and humble group, surely they'll contribute to help fund their Rehab from Skid Row and their Drugged induced comas from shooting up too much smack at their pity party.
?Fake News from Donald Dump Trump:
Chinese President Xi's daughter Xi Mingze marries Solomon Lee's son Smoked Fish in a private ceremony. Xi Mingze as per her new husbands request persuades her Daddy into making SIAF A New State Run Enterprise. SIAF Investors and shareholders Go into a Happy, happy dance, and they re book and CONFIRM their long overdue reservations to the $100 Party in Las Vegas.
On a side note Board Naysayer's SubZero, MarkJ and joenatural for all their non-stop rhetoric of disparaging remarks are being forgiven by SIAF shareholders, who are a very kind and humble group, surely they'll contribute to help fund their Rehab from Skid Row and their Drugged induced comas from shooting up too much smack at their pity party.
Profitable on paper, but without cash reserves the money must come from somewhere.... which is positive Cash Flow, otherwise they would require another loan. They need to state CLEARLY where the funds are coming from?
Nothing from Nothing Leaves Nothing!
Hey there Chris, Are you ever going to make this Comatose Thang you renamed a Something???
Every Rat but the few sick and dying stragglers have long since jumped this stinkin, sinkin ship u built out of poo. So WTF are you waiting for?
Nef, you're still going down that long hard painful road of suffering :( I know, because I've been there for a very, very, long, nightmarish, exhausting, horrid time...it's just a heartbreaking, painful, living hell. I went through several years of almost non-stop self berating, beating my head, covering my face, hiding in the corner so to speak after I made such huge errors in trusting in others honesty and goodwill, documented and undocumented, they burnt me to a crisp. My personality completely changed, my haunted existence hurt my family which destroyed me even further. I then had to live it all alone, with no life whatsoever, no enjoyment, no shoulder to cry on, nobody who cared about me or had my back. I really know how it feels... no words can describe it... it was an Absolute Living Horror. Well I think I see you as a much better person than you see yourself. You have much value and all you need to do is to purge that haunting. My Dad once wrote a poem he entitled "If", my poem iwas 'What If', I think that's yours too. Throughout my many tumultuous years of entrepreneurship, I've learned to appreciate the many unique qualities ordinary people possess that made them extraordinary... most left out their valuable experiences which became evident in time once they got their foot in the door. You're now about to start fresh over as a humbled, down to earth, patient, empathetic, willing and able man which many would probably consider more valuable even with 9 years of nothingness to show. Remember you possess a cornicopia of experiences aside from your formal education. Possessing tremendous humility, one who can gauge situations where in many people just want to be treated as real people...you can empathize, sympathize love and understand better because of what you've been through... the frailties of life, self denial, victimization, commitment, honor and respect far greater than most people are willing to or can.
The only thing that makes sense is the industry this company engages in which is viable, and the remaining few legitimate investors holding long interest. Everyone has been putting up with such ridiculousness for far too long... the disappointments, delays, unfulfilled & broken promises, lost opportunities, and the nonstop stir-crazy razzmatazz has made it completely clear why so many here have lost interest, their money, and many will never again return to look at this company and it's stock as an investment no matter what they may do or say. Other than Garrett, who else has withing the last couple years stepped up to the plate with the fortitude and guts to take a hard cut and make some contact, enough to get on base? No one that I'm aware of... thus the seemingly endless slide to under a buck < $1 USD. Yet through all the mayhem I still do believe IF only 20-25% of the promised potential get's realized the stock would gets $5 to $10 USD/share (without a reverse split). IF the ridiculous defeating dilution is curtailed soon and some clarity and tinge of belief in management somehow gets attained. As of today I have about a 80% loss. That's a lot for me. I'm a older guy with some dependents and very limited income. The destiny of my investment is very important. I do pray Solomon or whomever it is that controls the destiny of the company does justice for all good people (investors included) who've staked a portion of their life on the fate of this much troubled company.
you're absolutely correct. The only way for someone to say 'catch up' is the incredibly dangerous and potentially deadly game of averaging down... a scenario on a entity with a history like this one is as precarious as it gets. However if they keep diluting shares like there's no tomorrow along with the shorting, etc. no matter how much one averages themselves down they'll likely be in a much deeper hole. I have a higher avg than that $1.50. I think that $1.50 to be the minimum it goes to (without a reverse split)... hopefully a great deal more. I would love to see $5-$10, but would accept anything over my cost basis at this time.
Thanks Nef, Its said tough times don't last for good people. Our day in the sun is a coming. It reminds me of the very the first sentence my dad told me to type which read... "Now is the time for all good men to come to the aid of their country" Unfortunately Mr. SubZero is not one of these good guys. He never laid his hand out on the table, as many here have time and again, ...and he seems to have an abundance of time to post his agenda on this MB which always demeans everything aspect of the company. I believe he showed he's willing to say just about anything which is demeaning *even by hook or crook) to achieve his objective to obliterate the stock. He and his alias' along with his posse must melt or be snuffed out asap. The Lack of his presence here on this MB in and of itself will be a tell tale sign that the stock is performing much better. Most 'invested' here are anxiously awaiting good news to begin flowing and not all the pie in the sky and empty promises we've been told for so long.... hopefully this move will last for weeks or months, maybe even a few years... Wow, that would be nice. If $100 without reverse split, I will send you 10% of my profit to help you get back onto your feet... bet no one here said that before. I mean it truly. From my mouth to G-ds ears. ... Good night Bro, Peace
That party if it were to happen for that reason (without a reverse split) would be one of, if not the best, turnarounds in the history of the entire stock market. Interestingly enough Fish Farming is a very real enterprise that has been on the rise for many years, and China is a very large consumer of it's homegrown growth. If anything such as a state interest, or large outside interests were to happen this thing would quintuple to a 10 bagger in a day or week. If there's actually such given potential as Solomon, Dan and several others say there is, and it were just 20-25% realized, the stock would be at $5. SubZero with his agenda based on a risk vs. reward scenario is on the wrong side And once this becomes realized he will start to melt and then evaporate, like he never existed in the first place. He knows the deal, he's a smart savvy short with vested interests in the total demise as his name indicates. Or he could be playing us, as he and his other alias' are totally joined at the hip... I've now given up trying to debunk his preloaded arguments/agenda. I'm totally done with him until SIAF proves itself out one way or the other. I do believe this should happen within the time frame Dutch had earlier indicated, but if it gets much further drawn out, like into mid 2019 to early 2020, it could mean it's lights out, but I don't believe it will come to that. They are now at the tipping point and they must by all means take the bull by the horns and produce some positive tangible actions/results for the company and it's shareholders, or else.
SubZero.... only a fool would sell now. Have you educated yourself on the fundamentals of this company? Statistics are what they are, presented inaccurately is and always has been your stance. If Garrett saw this as a fraud, do you honestly believe he would put his own money into this venture? He's a decades experienced banker and investor. He generally lends to credit worthy clients or his bank would have gone under. By now most here have your number but no matter you pursue your given agenda in the face of 35 cents downside vs. $1.50-4.00 upside. They say you can't fix stupid, but you're not that, you are on a mission to destroy the company... in the end you might succeed but first this will move to over $1.50 and that is without a reverse split. Poo poo for you SubZero.
Have you ever heard of a story of make-believe coming full-circle, as not being realistic, to indistinguishably realistic, and back again into fabled lalaland? Well if this were eventually proven to be what you claim it to be... as in Fabrication DeMaximus.. Could it not make us LONG Side investors RICH during the process, such as into the NEXT BIG Push to that peak, and again as the latter processes play themselves out? IMHO we are about to see a big push higher soon, very soon. And in that push they will show and tell what they're about to do to achieve some semblance of normalcy, and possible Grandeur. Bears make $, Bulls make $, but Pigs get Slaughtered. IMHO your Bear days are numbered. But if you achieve your goal of using your Book of Scare/Fear to get the 'marginal investor' to take themselves OUT before as you yell the proverbial 'roof caves-in', you will also win..... but should you hold on your short too long you maybe a down and out loser too. As in the bad times won't last much longer, but tough honest people certainly do. Unfortunately Buddy it maybe T-ZERO 'n-Out for you soon.
Any clue as to WHEN we might hear something meaningful?
and when might we find this out????
I understand your point, it's valid. However the mess besides the organization itself is with the lack of liquidity. If that aspect gets straightened out everything changes. I would think a buyout would be a greed ridden exercise, otherwise the control party may look to drive common shareholders out by bankruptcy, going dark, or using another underhanded manipulative technique to further beat on the common shareholders in ultimate submission, as if we haven't yet suffered enough.... please spare me.