Sino Agro Food Inc (fka SIAF)

[HighYield1]

Peace 2, I think you have misunderstood the terms of the agreement. The 10 % relates to the 25 000 USD per APM.

Next we have to find out how Glory Ocean Development (GOD) is financed so it really can pay SIAF.

The fee for the A Power license is calculated at US$25,000 per APM times number of APMs that will be constructed in each phase of development of the project payable by the Licensee in the following procedures and phases:-














(a) The Initial Payment per phase of development:



10% deposit shall be paid by the Licensee within 60 days from the invoice date issued by the Company in accordance with Licensee’s purchase order.