Replies to post #159208 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

It’s a lottery ticket.

Yes, it is.

I was just taking a look at the cash flow situation for the past 2 quarters. Corporate expenses ($3.7M) roughly equal gross profit from MEIJI + Trading. Which basically means that Solomon isn't generating cash.

It has to come from
- S-1
- loans
- TRW's trade division
- Or other divisions but I doubt it's possible.

TRW needs a financing partner. They could be heading that way.
SIAF also needs a cash infusion but the problem here is, who wants to do business with Solomon?

Don't count on an asset sale (SJAP/HSA). Although Solomon may be forced to do something.

One thing should be clear. They can't service the debt as things are now. So we'll see.

[nefariouswu]

I hope so too buddy. Cheers.