Sino Agro Food Inc (fka SIAF)

[RealUSA]

if they get the loan it will be a liability and the farms.will be an asset. can the actually not screw it up? on small scale no, bit on larger scale probably. banks will phase in parts of the loan, so there is always risk they mess up along the way and can't actually get the whole loan.

for example they might get the boiler but then boil the shrimp by accident. then they will try to buy a franchise to a long John silver's to minimize the loss for siaf and triway shareholders to try to liquidate the boiled shrimp.

not getting the loan could be a blessing in disguise, they get the loan and get into real trouble. they already don't care about shareholders at all. .maybe it's better to stay smaller and profitable and grow slower. this team hasn't earned shareholder trust to do the right thing at all.

I think getting the loan could.be a curse with current management. they end up going bk and wipe us all out.

how many farms will they build that are in the wrong place or I inoperable? think about it. we will still owe interest and debt payments minimum of 6m a year.