Sino Agro Food Inc (fka SIAF)

[RealDutch]

I guess this is a rethorical question, but feel free to reply anyway; these idiots can't be that stupid as to not have worked on the F-1 at the same time as a plan B?

I don't think they have been working on an F-1 as a backup plan. It's a lengthy and costly process. I don't know if they need one either. I can't help them if I don't know what went wrong with FINRA.

But lets assume they do need one. I don't think it's an option to pursue this because it would take 12 months to complete. Time we don't have.

Johan Cruijff once said, every disadvantage has an advantage. Most people never understood what he was saying when he was once again talking in mystical terms (including myself) but let me explain.

They are "stuck" with more than $45M in receivables that will soon be aged over 2 (?) years. What they can do is settle the debt and now suddenly SIAF owns 54.9% of TRW instead of the 18.3% we were anticipating. Now, suddenly, SIAF will become a fast growing company and TRW a subsidiary.

Another option would be to have TRW pay part in cash. SIAF could do a special 5c cash dividend in december. Make it quarterly and/or increase it. Lots of options.

If they don't need an F-1, then we can proceed with the initial plan.

We also need Garrett on the BOD. Increased transparency. Pull out all the stops as I said before. This is not wishful thinking because I will soon be accused of that (again). It's what they have to do...