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Alias Born 04/20/2011

Re: None

Friday, 04/28/2017 9:36:43 AM

Friday, April 28, 2017 9:36:43 AM

Post# of 163722
Regarding the concern about losing value in SIAF after the spinoff and not be able to trade the Triway shares. I remember Solomon say that once the pre-IPO process starts and the shares has been distributed to us, that will give us the shareholder and exit opportunity to sell our Triway shares to the pre-IPO investors (if the interest is great enough). That is actually quite interesting for us, the Triway share is valued @ $3.41 today. The capital they will raise during the pre-IPO is aimed to be $150M, and my best guess is that represent about 15-20% of the shares of Triway. That indicates a Triway share value of $7,5-$10. Or in other terms about $6,4-$8,8/SIAF share.

And when the pre-IPO is settled and we get our shares registered in street form, the shares will be tradeable since they are registered with your broker, maybe not listed, but you can still sell and buy the Triway shares over the counter, they are not freezed.



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