Chad,
Fair enough, but the company has said its earnings from the fisheries will eventually exceed all others combined. That, plus the model calls for multiple revenue sources, all increasing exponentially over time. That is, not only will SIAF receive 4x 2010 revenues in 2011 if the target 4 fisheries is met, it will also receive revenues proportionate to its equity interest in the jv. Then, in 2012, franchise/construction revenues alone will again double. Perhaps more importantly, revenues from fish sales will increase not only five fold, from sales kicking in from 5 vs 1 farm, but they revenues will grow even more, as the equity interest in the first farm will increase.
This is a beautiful model. So, naturally, interest is high, and any progress on this track is greatly appreciated.
Of course, all other business are of major importance, not only for their increasing contributions, but also because I'd assume certain diversified size is needed to justify a profitable distribution and marketing division.
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