I'm not sure how the US-China auditing story means much of anything, other than a general cross country improvement in business relations. The article just indicates some new cooperation allowing US auditors to look at books previously audited only by the Chinese. But SIAF is already audited by an accredited US auditor.
As you know, there have been frauds audited by big Eight accounting firms, anyway.
But I do agree that the shares are looking positively primed for significant advance upon any or multiple possible catalysts. A bond offering -- and to a somewhat lesser but still significant extent, a listing to First North would be huge imo. Both would demonstrate a further distancing of SIAF from the stain on US listed Chinese microcap companies. Neither can happen without a new, additional, non-Chinese, non-US level of due diligence. And both open new audiences for the shares.
On top, the bond offering would eliminate or greatly mitigate the second biggest drag on the shares: future equity issuance.
Should either happen, it will be against a backdrop of confirmed 100%+ growth in revenues every quarter for the next 6 at least, and averaging 100%+ growth in earnings for the next 6 at least.
On top, the technicals finally look good, having moved up on good volume since the investor tour, clearly countering any MBAY possible financing shares.
