InvestorsHub Logo
Followers 80
Posts 8015
Boards Moderated 1
Alias Born 08/06/2009

Re: jay_lim post# 6237

Thursday, 07/07/2011 12:11:46 PM

Thursday, July 07, 2011 12:11:46 PM

Post# of 163718
The answer to your question may be buried in the 10K amendment #3, filed yesterday, after market close.
It is here:
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7703635

I don't have time to sift through it, but it appears that the value of the dairy farm sold in February was more than first estimated, and so the purchase price being paid to SIAF is more than the original 10k reported. But there is a new party now involved, which may account for the decline.
If anyone has a better explanation, I would be open to hearing it.

It's a hard 10k to read, that's for sure. Very complex arrangements, which also could explain the decline.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.