Sino Agro Food Inc (fka SIAF)

[Helium-3]

Empty your post is a potential Stickie in my book (see below) - nice job. It should be required reading for all long-termers.

Also you wrote something about the SEC canceling the S1. I think the company asked the SEC to credit them the fees they paid for future use. To me that suggests that they will attempt again in the future. Also I'm pretty sure our NY law firm cost us a pretty penny to file. Those guys don't come cheap.
http://www.sec.gov/Archives/edgar/data/1488419/000114420414027611/v377368_rw.htm

Nef, I don't believe the company is a scam, you would recognize the signs, denying everything, hyping everything, hiding everything. I don't see that here. Management might not be the best but they try to be transparent, they have tours, conferences, applied for two senior exchanges and a S1 with all the scrutiny that entails. They let Joe ask multiple ridiculous questions on the calls.

What we have here is what we have said all along, a complex capital structure, a failure of management to execute in key areas (financing, sr. exchange, dividends, cfo), extreme dilution and resulting dumping.

So let's take a look at the future which is only what we can do at this point. The stock is in the crapper, good (very undervalued), CFO said to come soon (let's pray they do this quickly and don't blow smoke up our butts again), Dan the new board member seems good (let's hope he's the real deal), build out of the five year plan is almost done, revenues are rapidly ramping up, huge mega farm announced, NAZ still a possiblity (let us all pray), financing still out there (let us all pray) and finally finally I believe Solomon know he needs to create value for us soon, he gets it.

So all in all I like how the odds are stacked up now. Could we crap out, certainly. Could the light finally be coming in, I believe so....