Sino Agro Food Inc (fka SIAF)

[ks1977]

Sorry, 1MUSD pr month, i.e over $10M pr year as you point out. The question thus is what cash-flow Tri-Way will generate before the pre-IPO.

From the SEC-filing page F-46:

Included in interest in unconsolidated equity investee, due from Tri-way Industries Limited is $14,438,797 and $55,120,003 as of June 30, 2017 and December 31, 2016, respectively. The amounts are unsecured, interest free and have no fixed terms of repayment.

Included in accounts receivable, due from Tri-way Industries Limited is $21,043,601 and $15,771,795 as of June 30, 2017 and December 31, 2016, respectively. The amounts are unsecured, interest free and have no fixed terms of repayment.

The Company has consulting and service income from development contracts of $13,189,265,$0, $13,189,265 and $0 from Tri-way Industries Limited for the three months and the six months ended June 30, 2017 and 2016, respectively.

After the pre-IPO we should drown in money (from CA's consultancy for Tri-Way), so what we need - if we want to do a cash dividend - is a cash-flow of 1MUSD pr MONTH until the pre-IPO (not all has to be from Tri-Way though).