Replies to post #2257 on Sino Agro Food Inc (fka SIAF)

[Stream205]

Can you find out?

If you are "not sure" then perhaps you can get to the bottom of it for us.

When you do please put up the info you uncover.

Facts are always welcome.

[Harleyman]

hawk,
It's apparent that those of us who have been invested in this company understand fully the disclosure of the uplisting and subsequent audits. Please tell us what we don't know that has the red flags flying so high in your camp? Thanks for sharing!

[CSykes]

Due Diligence..

Embrace it..

http://en.wikipedia.org/wiki/Due_diligence

Your not going to find what you are looking for on a message board. It takes a little effort on your part if you wish to obtain answers to your questions.

I conducted my due diligence long before the 2006-2007 audit was released. http://investorshub.advfn.com/boards/replies.aspx?msg=35435752

I also already asked the CEO why the hold up. His explanation was quite simple, they had a delay completing the 2006-2007 audit. It would have made no sense to move forward with the Form 10 filing so close to the end of the year. It costs a lot of money for China companies to be audited because the American audit firms must travel to China. Instead of having to conduct two audits within a 4 month period (Initial Form 10, then Form 10-K for 2009) they opted on waiting until 2009 to complete both 2008-2009 in tandem.

You might know these things if you took the time to find the answers..

Again.. you will never find complete DD on a message board.. you must find it on your own.

[CSykes]

One last comment..

And why can't they get on the OTC-BB after many months of trying?

They are not "trying" to get to the OTCBB, nor have they been "trying" for months. They are "piggy back" qualified, they don't need to "try" anything, they will automatically be approved once meeting the minimum requirements. You do know what "piggy back" qualified means right?

With that said, it is obvious you are not familiar with the process of filing with the SEC, or the manner in which a Company must conduct PCAOB audits. There are certain audit and legal costs associated with filing. For those of us very familiar with the process, it is obvious the company is simply streamlining the audits and saving money in the process.

The hardest part is completed, 2006-2007 audits moved the company from China accounting to GAAP. 2008-2009 will be relatively quick and painless.