Sino Agro Food Inc (fka SIAF)

[ks1977]

Thanks, jyyoo. We need someone to keep us sane

At least we've now recently found out what's been taking so long which is the collateral work since a majority of the collateral seems to be coming from the Tri-way partners

Are you referring to a mail/phone-call or have I missed something? I remember Dan said something about collateral in Q3 being a challenge because TRWs assets are mainly chinese, but I can't remember anything about collateral coming from TRW-partners.

The interesting (and sad) thing is that if a company on a senior stock exchange had cazillioned-down on the loan like SIAF has, then noone would question it. With SIAF pretty much the whole market questions it. I can't say that this is unfair, much of the credibility issue is caused (or at least enforced) by our management, but - as I have pointed out - it should be very safe to believe that the loan process still is on (although that isn't a guarantee that there will be 100MUSD in the end).

No doubt that the PPS will soar when/if TRW gets the loan. Unfortunately, this has been true all through the heavy fall of the PPS - "burned child shuns fire" as we say, although personally I'm still clinging on to my shares. I guess I believe this fire is the purgatory! lol