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Re: NewJerichoMan post# 66283

Tuesday, 06/10/2014 3:38:42 PM

Tuesday, June 10, 2014 3:38:42 PM

Post# of 163722
NJM, I think it was me who asked first why SIAF thought that they could get project financing of 60 MUSD for the mega prawn farm when they have not managed to get funding themselves although they are profitable and have a strong balance sheet. The reply was that the loans were Connected. Then I asked if the potential funding was dependent on Nasdaq listing. Here Solomon first said it was dependent, or at least it sounded to me that he said it was dependent. However, Dan came in and clarified that the potential funding was not dependent on a Nasdaq listing. I think he thought about a potential bank loan. I guess that a bond loan will be much easier to place if Nasdaq has done the DD and approved it for uplisting.

I attended the JF spring dinner yesterday. A very nice evening with fantastic weather (lots of beers on the roof terasse). I met Hyberboy for the first time. A very nice person, besides being a great promoter of the Siaf stock. I met some other swedish investors that have invested in the SIAF Stock as well, but do not Write on Ihub. They very much appreciate reading the info that is provided here. So I forward a big THANK YOU to all of you that contribute on this forum.
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