Replies to post #15779 on Sino Agro Food Inc (fka SIAF)

[treit2002]

LL

When you're importing 260MT of peeled shrimp for resale beginning in August,

This may be the biggest news in the Q.

Any idea how long this contract runs? Gotta be worth >$6M revenues, for a new business, and just one contract, yes?

The pace of vertical integration is ahead of schedule: distribution network; retail; import export; and restaurant chain.

[viking86]

well when was Q1 CC, maybe 3rd week of May? They didnt say a word back then about the quadrupling of PF2 or importing that much shrimp from SE Asia. Those things donot come overnight. What they said back then is like: we are working diligently on signing 2 new FF and a CF contract(s). They did talk about importing fish from Norway to my recollection. So it seems like lots of stuff that had been announced were put on the side and lots of new stuff was initiated during the past 2-2.5 months ? Maybe that would explain why we didnt get any news for months?