Sino Agro Food Inc (fka SIAF)

[Emilez]

Summary of 2011 for SIAF:

* The stock price declined from $1.41 to $0.61. A respectable decline of 57%.

* SIAF sold the dairy and the land used by the dairy at a P/E of less than three.

* SIAF bought new land. At the time few understood why buying the land instead of the dairy was a good idea.

* The fishery business expanded strongly.

* The IronRidge deal was announced. It was a deal were IronRidge could sell millions of newly issued SIAF shares on the open market. In return IronRidge had to pay off one of SIAFs debts in order to free up more credit for SIAF.