No cash dividend and no TRW dividend,
Cash and cash equivalents $417,373, so don't expect it anytime soon.
The distribution of TRW shares to each shareholder of SIAF is predicated on two variables; namely, the total issued and outstanding shares of common stock of the Company as of record date (which will not be known for some time), and the number of shares of common stock of the Company individually held under each SIAF shareholder’s account in order to determine the ratio of shares of SIAF required to be owned in order to receive one (1) share of TRW as well as the total number of TRW shares to be received by each individual shareholder.
2.14 CASH AND CASH EQUIVALENTS
The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. Cash and cash equivalents kept with financial institutions in the P.R.C. are not insured or otherwise protected. Should any of those institutions holding the Company’s cash become insolvent, or should the Company become unable to withdraw funds for any reason, the Company could lose the cash on deposit with that institution.
Inventories
Beef cattle 12,670,022 (5,903,442)
This is up a lot from the last year..
