Replies to post #125715 on Sino Agro Food Inc (fka SIAF)

[zerohedge]

there will be no loan for all of the reasons that I previously stated there cannot be a loan because no bank will loan against Chinese owned real estate.... repeat Chinese owned realestate this land does not belong to the company it does not belong to triway and the assets sitting on the land don't produce revenue so there you have it no assets no loan no revenue no bankable assets Dunn and Bradstreet can keep being paid to write reports about the value of the land but it's the value of somebody else's land just like triway is the value of someone else's business and it still doesn't produce revenue that flows back to sino agro food nor does it produce cash flow that flows back to sino agro food therefore there is no value in sino agro food.

the CFO confirmed all of this so why is anyone in their right mind keep pludding the equivalent of Florida (swamp land) in China????

expect OTCBB stock to strike new all time LOWS on Monday celebrating confirmation of all this awesome news.

[RealDutch]

it's amazing this clown car makes money think how good a business it is when u have such cluelessness and it still doesn't lose money.

They screwed up PF1 also. Because they built it on the wrong piece of land initially. Then they screwed up FF2. Then they screwed up the Mega Farm, and now the fish pond. And they are still getting paid for most of it, and TRW is highly profitable. Imagine that.

When you are an industry leader in innovation, inventing the wheel so to speak, then things tend to go wrong. But we have to keep an eye on the things that go well. They seem to be succesful with Pearl Grouper now. To give you an indication, they can get 2,600 MT out of just 18 tanks, with good margins. They must have a huge supply contract, or grow the fingerlings themselves.