Hi FT,
Yes I have been a director of a privately held company. I've managed in public companies, and in consulting assignments. But in this case, I am a shareholder who is as frustrated as everybody else about the share price. I always try to see the "big picture" (it really helps me), and I guess that might translate to a management point of view.
I've also toured company operations in China, and met Solomon and the board members, so I have a personal perspective.
After looking at SIAF's complicated corporate structure again in today's 10Q, I can imagine that it isn't easy to do the accounting. Certainly hiring a CFO (or promoting from within and adding accounting staff) would help. Yes, perhaps "control freak" is an accurate description of Solomon. He is involved deeply in every aspect of the business, but I believe that's pretty much required of a personality who can execute such an ambitious, visionary plan.
With all that is out of his control (FN timing, S1 timing, bond performance), there is one thing he can control: SIAF needs to report on time, and meet (hopefully exceed) all regulatory compliance requirements. Adding to their financial reporting capabilities is a no brainer.
