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Alias Born 04/19/2012

Re: None

Sunday, 04/21/2019 7:38:17 AM

Sunday, April 21, 2019 7:38:17 AM

Post# of 163716
Here is another $14M that Seiden could easily extract from the company smile

Advanced to customers 14,114,249



These are actually receivables.

Advanced to customers refers to our distribution agents (i.e., the Shanghai distribution center, the Guangzhou distribution centers, etc.) that CA was their turnkey contractor built and developed said centers for and on behalf of their respective owners with part of their respective capital expenditure in development costs are still outstanding as of the date of this report. These are similar arrangement as in the Fishery Farms developments that CA has the option to acquire up to 75% of stakes on the assets and operation of said distribution agents: however as of date of this report CA has yet to exercise any of said options as such these sum are recorded as other receivables.



Snow, how many language errors in this quote?




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