Actually my point was to show that the books are obviously creations of a very wild imagination of Solly as are the businesses and everything.
There's likely to be no major assets at all.
Not in TRW, not in Siaf, not in the JV stuff.
Because if they had what they claim to have, even half of it, it would be SUPER EASY to fix everything. Like i said just sell 5% of the assets at 50% discount and they could dilute at tens of times higher level, pay the debts, remove all doubt, shareholders would be happy, everybody would get dividends...
Even just TRW being true and everything else crap, they could fix this VERY EASY.
Claimed profits are 3-4 times current market value of Siaf. One time allocation of 1/3 of the profits in SIaf (which they should be entitled to because Siaf is 1/3 owner) would result in no debt, can pay dividend etc.
But since they don't do it... ...it all must be fake.
Sell everything else but aquaculture, that should be done anyway to streamline the mess. What they do? Claim to start flower business to get cash flow. =D It's ridiculous already.
How can anyone take these guys seriously anymore?
It's been tested time and time again, there is no value, no cash in this company no matter what big figures they flash on papers and filings.
Only dilution to share holders, the reward would have been there already if this was real. But it must be just a scam.
