Replies to post #6011 on Sino Agro Food Inc (fka SIAF)

[Strindberg]

There is no harvest in q2!

"The harvesting period of HU Plants in Enping region is between middle of June to end of October each year, divided into
approximately 14 harvesting intervals during the period. During the harvesting period, HU plants naturally start to blossom with
green flowers the following day after a rain, and the green flowers must be harvested right away before they bloom into colorful
flowers, which are not marketable as vegetables".

[treit2002]

Okay, I'll correct two mistakes you made -- yet again -- in this post:

1) "... was saying I hoped SOME came during Q2 making it a "good Q2" as I said."

Wrong! you actually said -- and I quoted this to be clear what I was disputing -- ""I hope SIAF ... does not wait till Q3 to show proper harvests this year"

2) "Your correct that I had misread the amount of cash that was paid during that 'installment plan', I thought it was 40M and it ended up being only that 3M-ish amount. Of course, we don't know when the 40M will be paid either -- It could be in December for all we know, making it a year after the January sale (It was January right, going off memory) of the dairy."

The $3M cash also will be fully paid within a year, not after. In fact, 60% has already been paid, or will be in Q2.

The $40 could be December, which also would not be after a year; in fact, the deal didn't close until late Feb (going off memory), but it is specifically linked to land use purchases, so will occur on an ongoing basis within this year (because 100% of proceeds listed in current assets) when land use is taken. I surmise that there is some benefit to this linking, akin to a 1031 exchange; otgherwise, why link them so specifically. But I don't know, and freely admit that the land purchases, proposed uses, and prices need to be explained and justified.

I am confident that they will be.