As mentioned in our special newsletter yesterday, we are re-profiling SIAF which was first alerted to our members a few years ago as the company announced their 5-year aggressive growth plan to a $500 million asset based company.
Company financials recently released shows the company is definitely on its way to these target levels with SALES ($48.3 Million) more than doubled than last quarter and almost 3x the amount of Sales than the previous year.
Also, Assets are at incredible $250 Million which is 45% higher than the previous year. No doubt the company is in hyper growth mode and pushing solid towards their $500 Million asset base target.
SIAF’s Dec 2012 annual report will also be released early April, and initial indications are already showing another HUGE growth year. When the annual report is unleashed there will be many more eyes and investors jumping in quick especially at these solid bargain prices.
I think they are planned to achieve an FN cross-listing in "the spring". It isn't assured yet. They are doing anything and everything to push themselves away from this pit known as the OTC.