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Re: The Swede post# 116732

Sunday, 08/13/2017 11:46:58 AM

Sunday, August 13, 2017 11:46:58 AM

Post# of 163761
"Virgo", the cosigner for the trading facility = Distribution Center

Customer A is ShangHai Virgo Trading co. Ltd, which is one of our major distributors of imported beef and seafood as well as our farmed seafood. We sold $13 million of goods to Virgo during Q2 2017 representing 27.88% of our total sales of $47.7 million during the quarter.



So they are not holding the collateral shares. It's the lender. I think. I hope.

If SIAF is acquiring it, what seems to be going on, then they have to cancel the trading facility (loan) at the same time. They have to.

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