Sino Agro Food Inc (fka SIAF)

[treit2002]

And what a difference in outlook $.20 makes. Seems everyone's happy now, and Solomon is a genius. On the genius topic, his five year plan is roughly 70% realized and includes a bunch of "never been done befores" in China:

1) biggest indoor aquaculture fishery operations in China
2) first ever prawn farm
3) totally vertically integrated along all steps of the food chain
a) can sell one fish 4 times: open dam to FF1; FF1 to WSPS; WSPS to retail or restaurant: retail or restaurant to consumer
4) novel 10,000 sm - 15,000 sm retail marketplace concept of old/new customer/competitors, and separate smaller SIAF owned or franchised smaller shops, selling company branded and other products
5) uniquely symbiotic company/provincial government/local farmer relations for cattle farms
a) organic beef grown from proprietary food; slaughtered and deboned in-house, and sold to company owned and franchised restaurants

WSPS + import-export is the mid step in the overall strategy, and is ahead of schedule. Would love to hear of a second sometime in 2013. The rest should be fun to watch, as cash flow positive becomes a major milestone.