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ks1977

11/16/17 6:21 AM

#124001 RE: RealDutch #124000

The strange thing is that the comment is for the Aquaculture Project Development, and not SIAF Corporate (Import / Export).

In the past, when SDC and WC was built, did CA have income from consulting?

From the SEC-file page 4 we have that "Corporate & Others Division refers to the business operations of Capital Award Inc. and Sino Agro Food, Inc., including import/export business and consulting and service operations provided to projects that are not included in the above categories, and not limited to corporate affairs" (same for SEC-file for Q2 page 10).

So, from the Q2-report we have "Revenue and profit from this segment is expected to resume, returning to normal levels and above, once Tri-way secures its intended debt financing" and from the Q3-report we have "Revenue and profit from this segment is not expected to return to precedent levels until cash flow helping to finance capital expenditures are available to carry out Tri-way’s fishery development and Vigor’s wholesale development".

So, was this a simple typo (i.e the comment for Vigor was misplaced here instead for under the import/export part), or will CA get income from concultancy/engineering for Vigour in the future?

Also; does this mean that Vigour is seeking a loan themselves, or is this an indication of what Solomon is planning to do with (parts of) the debt repayment from TRW to SIAF post the TRW-loan?