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RealDutch

08/30/15 1:21 AM

#94190 RE: RealDutch #94189

Also interesting to note is that Tri-way will book the sales of any fish farm that has been acquired. And that includes the Mega Farm. So it isn't hard to see why we have a Hong Kong auditor.

From 10-K


"Capital Award generates revenue as the sole marketing, sales and distribution agent for the fish and prawn farms developed by Capital Award in China as follows:

(1) Sales to Sino Foreign Joint Venture Companies (“SJVC”) and sales derived from the SJVC (currently, only the JFD subsidiary is a SJVC) are being consolidated into Tri-way Industries Ltd. (Hong Kong) (“TRW”) as one entity.