China Growth Stocks

[CSykes]

SIAF/Traderfan..

The CEO stated $.29 EPS expected with just organic growth. They are expecting $.32 EPS growth with $20M in funding. They have 5M shares already issued and outstanding that can be used to raise funding. They also currently have an investment bank reviewing a possible MESDAQ IPO (spin out).

In either case the CEO stated any financing would be done accretive to shareholders. He emphasized the fact that management held common like everyone else. In essence he isn't going to shot his own foot off..

He stated they have several options available and would utilize the best one. It is my understanding they do not need funding, however if it can be placed on favorable terms it would accelerate growth.

Hope that helps.