“Tri-Way continues to work closely with several banks to secure development financing. Negotiations with banks are in advanced stages. While this is taking longer than expected to materialize, we remain confident that,once secured, this will serve not only to boost sale of goods at Tri-Way, but also and most notably, enable SIAF to generate revenue from its Capital Award subsidiary toward or past 2016 levels over time. In the meantime, Tri-Way is exploring lower cost and more rapidly achievable methods of growing complementary, incremental revenues, such as importing frozen seafood to supply to the China market.
