Sino Agro Food Inc (fka SIAF)

[RealDutch]

Well, one week is really quick. lol.


https://www.securitieslawyer101.com/2015/sec-comments/

Form S-1 SEC Comment Period

Approximately two weeks after the filing of an S-1 Registration Statement the SEC completes its review. It then sends comments to the issuer and/or its securities attorney concerning the disclosures made. The issuer must file an amendment to the previously filed S-1 registration statement along with a response letter to the SEC’s comments. SEC comments may be lengthy and complex; it’s important that the issuer and its securities attorney compile the original submission with care, in order to avoid unnecessary comments. Regardless of whether an issuer goes public using an IPO or a direct public offering, the SEC review process is the same. S-1 registration statements are subject to review by the SEC’s Division of Corporation Finance. Upon filing, the statement is typically reviewed by an SEC attorney and an SEC staff accountant to ensure that all required disclosures have been made by the issuer. The SEC does not determine the merits of the issuer’s business, management, prospects or of the securities offering being registered. The role of the SEC is to determine whether repeated exchanges with the SEC.

The SEC will review the response letter and the amended S-1 registration statement, and will then send additional comments, if necessary. The review of the S-1 Registration continues until the SEC staff is satisfied with the disclosure provided by the issuer. Once that happens the SEC will declare the S-1 effective.

The S-1 must be declared effective before the issuer or any selling shareholder can sell securities registered in the securities offering.