Replies to post #138295 on Sino Agro Food Inc (fka SIAF)

[modes948]

Insufficient cash flow.Just what the banks wanted to hear to finally approve the loan.
Banks will not give you money to act like a bank.If your product Solomon is something customers want to buy, they should go to the bank and get loans and pay you in cash.
If they come to you because of the payment terms, then just forget it.Simply you are not an entrepreneur.Sorry.

[ks1977]

Doesn't this mean they are not repaying SIAF??

My guess is that TRW is spending that on the trading stupidity. That is probably not going through CA either, so it's a double (or triple) loose for us.