Sino Agro Food Inc (fka SIAF)

[treit2002]

"Now it will be interesting to see how the company wants to get the stock price up to the required levels to uplist."

Yes, this is critical.

If Solomon has specific reasons to think that his shareholders will help move the shares up, he absolutely cannot say publicly what those specifics are.

He may well have assurances of JF and institutional interest when an uplisting/dual listing becomes more clear, assuming the fundamentals stay the course. This will happen as the independent board is intact, the audit and compliance committees formed, the application filed and being reviewed, etc.

Apparently, they do have the impression that the $2 minimum will be relaxed. For no justifiable reason, I interpret this as $1.50.

Imo, it simply stands to reason that a dual listed SIAF has a chance for a p/e of 6, maybe way more. If that chance is even 33%, SIAF is a great speculative bet, at the very least.

Keep in mind that in 6 months, when all these preconditions are met, the company will report Q3 with revenues over $40M and basic eps somewhere around $.20.

And if on schedule, they will be only about 3 months shy of that dual listing.