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Re: kavdiv98 post# 60758

Thursday, 03/20/2014 9:55:17 PM

Thursday, March 20, 2014 9:55:17 PM

Post# of 163722

SIAF does not have a $500 mil income producing asset base. Part of that income from the asset base gets deducted (non-controlling interest income). When Solly feels the need to boast about the income producing asset base, he needs to calculate the percentage of the income attributed to the controlling interest and give us the number.



Again, there is nothing mysterious about this. Both numbers are available in the financial reports.

Total Sino Agro Food, Inc. and subsidiaries stockholders' equity
261,914,171

Total stockholders' equity
294,604,913

If Solomon wants to boast a $500M (net) asset base by the end of 2015 (or whatever he has in mind), let him. There is nothing preventing him from considering the business as a whole (including non-controlling interest).
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