In the press release dated April 1st, 2015, they stated the following: "During the second half of 2014, SJAP encountered difficulty recruiting skilled deboning workers, affecting its productivity. To address this hurdle and simultaneously scale up its business, a plan is underway to acquire a previous or current State Owned Enterprise ("SOE") that operates as a deboning and value-added beef facility, employing sufficient skilled workers. SJAP is under current negotiations to acquire one of these facilities. The Company will update shareholders of progress as it occurs."
I assume that the shortage problem of skilled workers has been resolved since in Q2 2015, the total deboning revenue was $16.7 million.
Have they acquired the SOE already? Or at least have they "acquired" their workers?
