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Replies to post #70077 on Sino Agro Food Inc (fka SIAF)

Replies to #70077 on Sino Agro Food Inc (fka SIAF)

HighYield1

09/02/14 6:34 AM

#70078 RE: stolpen #70077

Andrew26, I think we are discussing two different things. I totally agree with you that the dilutive financing strategy is shareholder unfriendly and destructive.

However, when discussing “ can we trust the numbers?” it is comforting, for me at least, that they have hired a CFO and an internal auditor. I also think that Dan, being an American, would not risk being part of the BOD if he suspected that reported numbers were false.

HighYield1

09/02/14 6:38 AM

#70079 RE: stolpen #70077

Stolpen, yes I have heard about it and SIAF doesn't even got one of the four big names as their auditor (except for Sweden).

That is why I wrote.

. It would be of value for shareholders in doubt or potential new shareholders to be informed how this audit is performed. How are the reported values of the assets verified?