Sino Agro Food Inc (fka SIAF)

[RealDutch]

CA Q3 revenue 6,502,372

The increase in revenue/cost of sales was primarily due to the needs of capital expenditure spent in Aqua-farm 4 by Tri-way Industries Limited to reorganize its production by finishing part of the construction & retrofitting work in its indoor APM farms and on about 20 acres of ODRAS farms.

So how much did they spend on this in Q4? And Q1? Probably the best indication we have if we want to keep track of progress at AF4/5.

This company..... has the ability to make it look like they are penniless (and loaded with debt) while actually spending 10's of millions of dollars on new developments, every year. STILL.

And the only people that are penniless, are we, the shareholders or owners.