Sino Agro Food Inc (fka SIAF)

[modes948]

This is very possible the way of running the business by giving credit to his customers of sometimes over a year.So in the end they get rich and we end up with profits on paper that unfortunately are in the receivables column or row.And we don't know if there are any guarantees from these customers or they may just one day say that they just can't pay.We never asked this on the CC.And perhaps this is the RED FLAG that has made Nasdaq and and FN refuse to list SIAF-selling on credit with no guarantees.Imagine a bank operating like that!
Some on this board say that we will be cash flow positive once the Mega Farm starts operations.What will change?
And as I said before, instead of at least ending up with more cash after the last quarter's fall in revenue, we ended up with more receivables again!Why?