AgFeed Industries Inc. (fka FEEDQ)

[darth_trader_92660]

Morning Sherm,

No, I have not seen an estimation of the value of the Chinese assets. This is one of the next steps in the process. Don't overlook Oklahoma either, there is more value there than most seem to recognize. My $90M 'guess' is not based on anything other than a rationalization on the low end. A competitive bidding process will determine the value of the remaining assets, and that is exactly why we as shareholders need a seat at the table. The creditors won't care about the remaining assets once they have been paid- this will be our job as a committee of shareholders.