Sino Agro Food Inc (fka SIAF)

[Lucky Loser]

From 10Q1-2015:

SJAP has been recommended by the Xining Government to participate in the acquisition of two subsidiaries of Sanjiang Group whereas Sanjiang Group is one of the largest agriculture conglomerates in China, operating since 1958 with total assets exceeding US$15 billion. The two subsidiaries in focus would provide synergy with SJAP in terms of meat production and cattle and plantation farming. Each subsidiary carries long term supply contracts with the Government, and reflects notable profits throughout their respective years of operation. SJAP is honored that it has attained the confidence and stature to be offered this unique opportunity by the Government, and has joined forces with Burnham Securities to explore this opportunity.