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RealDutch

09/01/14 10:16 AM

#70051 RE: emptyone #70050

The good part is, you only need $5M for starters.

We should be close. Personally I would acquire PF1 and delay CF2 by 6 to 12 months. And we have to wait and see how big a percentage of the mega farm they want. That one should be dependent on a few financing options.

Btw, did you notice this one from the 10-Q? Page 47
http://www.sec.gov/Archives/edgar/data/1488419/000114420414050281/v385583_10q.htm
"Construction on a frozen-meat wholesale / retail shop (~500 m2) at the Central Frozen Goods and Wholesale Market in Guangzhou City is scheduled to be completed for opening in August 2014. The Company believes this to be an ideal / prime location for its sale of frozen beef and lamb products."

Absolutely amazing, the number of things they have going on.