You do not understand the point. In Joe's mind, every Chinese company is a ChiScam. Alibaba is a scam, Bidu is a scam. China is simply a scam country in his mind. I believe most of the bad apples are probably gone. However, Chinese companies list in US are still valued far from being fairly. Taking CYD as an example, it is one of the leading engine makers in China. It has paid more than $1 dividends for the last few years. Yet its closing price today is merely $13.08. Some Chinese companies simply choose to go dark because they were fed up by the humiliation from the US market. After all, they do not lose much if they go dark.
Coming back to SIAF, that is precisely why I think choosing Oslo is way better than listing in NASDAQ. If they cannot get the Oslo listing done within a few month, then we really need to begin to worry about our holdings.
BTW, they are recruiting a CPO (chief product officer), not sure what role will be played by a CPO for SIAF.
