Sino Agro Food Inc (fka SIAF)

[modes948]

He had a great concept.

You have always been very confident about this.
You usually have a great concept if you can beat the competition in terms of innovation,quality or price.
It remains to be seen whether Solomon had any of these.You can become the most successful entrepreneur in the short term if you sell on credit that is not secured.Everyone will be competing and even fighting to "buy" your products.
So far every single dollar from the great concept has allegedly gone back into investments.Just about $20M bad dept so far and more than $50M delayed dept which for some unacceptable reason has by force become convertible into TRW shares.Remains to be seen about the rest but I fear we start to see more bad debt in the next filings or more "investments" somewhere.