Sino Agro Food Inc (fka SIAF)

[jyyoo]

Why don't you just read through the latest Q&A we received from the company? They specifically addressed the Memorandum of Understanding they signed with Nortus:

"At present our MOU covers consulting, project specification, and costing resulting in a report to be used in essence as an application for project funding. SIAF will announce progress after material events or major milestones are reached."

They stated their new policy, which I 100% agree with about not giving updates to impatient shareholders because it ultimately leads to disappointment. Instead they will only announce when things are done/signed etc.

"Again, going forward we will report material events or accomplishing milestones after the fact rather than good faith prospective plans, regardless of confidence."

I don't know how much consulting revenue is being generated from the MOU alone but obviously once Nortus gets financing, that would be an enormous revenue boost to CA and ultimately SIAF. And I have much more confidence in a company like Nortus getting financing since they're familiar with this process already.

I was talking more in generalities, the silence is deafening!