Replies to post #8369 on Sino Agro Food Inc (fka SIAF)

[Traderfan]

News came out now as well


Sino Agro Food, Inc. Begins Trading on the OTCBBLast update: 1/6/2012 9:25:00 AMGUANGZHOU, China, Jan 06, 2012 (BUSINESS WIRE) -- Sino Agro Food, Inc. (SIAF), an emerging integrated, diversified agriculture technology and organic food company with principal operations located throughout the People's Republic China, is pleased to announce it has begun trading on the Over-the-Counter Bulletin Board ("OTCBB") under the ticker symbol "SIAF" or "SIAF.OB". The OTC Bulletin Board(R) (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities.

An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs). Mr. Solomon Lee, Chief Executive Officer of the Company, stated, "I am pleased to announce to shareholders that we have effectively moved up from the Pink Sheets and are now quoted on the OTCBB as a fully reporting Company. This is just one step of many the Company has undertaken towards improving Company transparency and the market for our Company's common stock. We will now turn our focus towards greater corporate governance by taking the steps necessary to be eligible for a senior listing or cross listing on a foreign exchange. I would like to wish everyone a happy new year and I look forward to sharing our continued growth with shareholders in the new year."

ABOUT SINO AGRO FOOD, INC. Sino Agro Food, Inc. ("SIAF"), () and (), is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in the People's Republic of China. The Company intends to focus on meeting the increasing demand of China's rising middle class for gourmet and high-quality food items. Current lines of business include the manufacture and distribution of beef and lamb products, fish products, bio-organic fertilizer, stock feed and cash crops.