It is so hard to watch the share price each day, even though I am committed to the long term. My interpretation is that the company is as disappointed in the FN timing as we are. It seemed to me today that Solomon restrained his usual optimism, and set a lower, worst-case, bar. Perhaps he hopes that he can offer an upside surprise to us for a change.
If I think about the ridiculous hassle it has become for a perfectly qualified home buyer to secure a standard, simple mortgage in the U.S., I have more sympathy for Solomon. In what used to be a straightforward process, the timing now drags out for months, the mortgage lending bank refuses to disclose full information or timetables, then the bank changes the requirements or terms or rates, or asks for new (seemingly irrelevant) information for no apparent reason. The uplisting to FN is far more complicated, so we really shouldn't be so surprised at the time it's taking.
In the end, the additional scrutiny will add credibility to SIAF.
