Replies to post #17543 on Sino Agro Food Inc (fka SIAF)

[weeblewobble09]

Let's face it. The majority of the share recipients are farmers, workers and contractors. They may not even know what OTCBB or a broker means.

That live in the U.S.? No doubt Solomon hands shares to a few 3rd parties who know what they're doing.

[stolpen]

I would believe they have a prepared written salespitch with numbers and common valuation and some sort of a promise that if the pps doesnt match expectations they will compensate and all of this at rebated lvls would be most likely, but without knowing how they guaranties the deal it can just be speculation, on the other hand would anyone take the job or offer if not? would you?
Regards.

[treit2002]

Point is how does Co. support the PPS with all these millions of shares hitting the market at regular intervals

I think there are ways, and hope they get discussed at the investor tour. Here are some possibilities:

1). A new corp presentation with:
A. 2013 revenue and income targets by business division
B. Concrete example of how cap ex is working to the shareholders' advantage. Example with complete guesses: WSPS = 2012 cap ex of $30m, 12% of which comes from equity financing. In 2013, WSPS is expected to generate $50m revenues from distribution at 15% net margins and $10m revs from retail from import export at 20% net margins, and another $10m revs from retail of SAIF JV products at 20% net margin. That's $11.5m net income in 2013 on $30m tot cap ex in 2012, or 38% ROI, and 320% on the cap ex from equity.

2. Clear statement that share issuance is diminishing and ending; better yet a commitment to limit or eliminate 2013 issuance through generated income or a strategic asset sale or new debt.

3. Clear statement of the timing and process of dual listing, with realistic milestones and a further acceptance of a reverse split if and only if needed to make the time table, and clearly expressed as for uplisting toward sure dual listing only..