Sino Agro Food Inc (fka SIAF)

[treit2002]

Talk about forward looking statement, while in the Form-10 review. Target price will not, and should not, be mentioned.

But what can be mentioned are some of the factors one would reasonably assume lead to higher price. Generally, these are operational goals that lead to financial targets, and shareholder friendly initiatives like dividend, uplisting, and dual listing.

They can give some indications of their thoughts regarding a dual listin in time, but think its probably unwise to p=be more than vague until they have secured a NASDAQ listing.

Ultimately, they may spin out subsidiaries to foreign exchanges, also dramatically increasing valuation. But they shouldn't bother until they reach critical mass.

I spoke briefly to Chad right after the 10-K release. To his knowledge and opinion, nothing has changed regarding 2011 guidance. He did say that the company is following conservative legal advise wrt the forward looking statements and the Form-10 review.

They are making sure that the SEC has all they need, without going public beforehand with anything that might jeopardize the application.