Replies to post #62706 on Sino Agro Food Inc (fka SIAF)

[emptyone]

Well I agree with Kav on this point, it is time to shed assets that don't make sense like the restaurants, the HU plantations and possibly others. Beyond capital needed (even if it is not a lot) it is a distraction for the company. They need to concentrate on one thing only and that is transactions that will serve to get the value up, like financing like the listing, like eventually buybacks and dividends. I'll listen to the call, I'll contribute but if I get the same old song and dance and promises and don't be a trader crap, I'm going to be slowly divesting my position. And its a shame because Solomon really had a chance to build a great company if he would listen to and hire great people instead of the slugs we have.

[kavdiv98]

Snow,

When a AP comes due, like compensation for a service, how do you pay with your assets. Got to issue equity, like Solly is doing now. I am for dilution, till the funding is secured. Pay in kind with assets - not sure what you mean? A farmer provides a service and we give him what? An asset from Sino Agro? If that works, then fine with me. Solly thinks dilution is the only option and so do I.

kavdiv

[NYKnuckleballer]

Siaf wouldn't be the first profitable business to fail because it couldn't generate sufficient cash flow to meet expenses. Doesn't it make intuitive sense (with 16 subs and countless projects) that Solomon has over-extended? Grown too fast?

I'm not sure what all the pre-paid expenses representsbut I think I'm with Kav in that it wouldn't take all that major of a "bump in the road" to totally derail this company. We appear to be a cash starved company.