Replies to post #4767 on Sino Agro Food Inc (fka SIAF)

[johngalt_as]

Treit,

Based on my conversations with SIAF and my understanding of the most recent 10-Q I calculated the 2012 revenue is as follows:

The Enping farm is expected to have an annual production of 500 metric tons per year after year 2 of operations. This implies that the farm will have 2000 sq. m. of water capacity and require 10 workers. Based on the projections in the 10k, this also implies that 500 metric tonnes x 1000 kg's per tonne x $27.00 per kg = $13,500,000 in gross sales in year 2 and $8,100,000 gross income (60% gross margin) for one fish farm.