Replies to post #13352 on Sino Agro Food Inc (fka SIAF)

[viking86]

There's been no press release, so it's hard to count any revenue

Treit: pls note that the baby prawn contract wasn't also announced until Feb 29, 2012 although Phase 1 contract was signed back in Nov'11. As Dutch indicated, they probably received the first payment of 2.4M upon signing of that contract. The only reason they waited so long for announcing that contract is probably b/c the contract was not officially approved until Feb'12. Red tape huh...

I think we can expect the same thing for Phase 2 of the baby prawn contract and **hopefully** for the new contracts to be announced soon.

http://sinoagrofood.investorroom.com/index.php?s=43&item=14