SIAF -- OK, this is a rarity for me, but I've added a Pinksheet as a full investment. This is breaking a big rule for me, but I feel recent news and today's announcement is all I need to hear. This company is uplisting to the OTCBB next year and even made mention of a possible dividend. This thing is gonna go big, very big if you can wait 3-6 months. I'd rather get in now as I see this heading back to $1 soon. This will easily be trading in the $3s next year upon uplisting to the OTCBB. Get in now and ride out the profit wave. (10K shares @ .675)
HuangYuan, China Government to Increase Resources and Subsidies to SanJing Joint Venture Agriculture Project.
Sino Agro Food, Inc. (Pink Sheets:SIAF), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce HaungYuan County in Qinghai Province, China, under the administration of Xining City, has agreed to provide additional resources and subsidies to SanJiang A Power Agriculture Development Co. Ltd., a subsidiary of Sino Agro Food, Inc..
The Huangyuan Government will provide the project site, which is situated within close proximity of the town centre of HuangYuan District, rental free for a minimum period of 2 years, upgrade the existing internal main roads and electricity supply at the expense of the Government. The site has approximately 175 Mu (or equivalent to 115,000 m2) of land zoned for semi-industrial and commercial application. The site is fully fenced and serviced with all basic infrastructure, containing over 30 buildings measuring from 600 m2 to 750 m2 per building totaling over 21,000 m2 of built up areas. All buildings are in excellent condition and were built to serve as storage facilities for a railway transportation hub that ceased operation approximately 6 years ago.
Under the terms of the agreement, a new joint venture group will be formed. The proposed name of the new joint venture is QingHai, Huangyuan, SanJing APower United Corporation Ltd, in which Sino Agro Food, Inc., will have a 40% equity stake.
The main business plan and direction of the Project is to produce organic produces and products starting with the manufacturing of organic fertilizer to enhance organic crops that will be processed into organic livestock feed to feed the cattle and sheep. In turn, the end beef cattle and sheep will be processed and graded to be sold directly by the Company to the end consumer through special retailed shops set up by the Company under designed Franchising programs and selected reputable super market chains contracted by the Company, via the support of Brands and Labels that will be developed by the Company.
Beacon Equity Research recently published an equity report providing an overview of Sino Agro Food, Inc. This report may be viewed at
http://siafchina.com/download/SIAF.pdf. Additional information about the Company may be obtained at
http://www.pinksheets.com
ABOUT SINO AGRO FOOD, INC.
Sino Agro Food, Inc. (“SIAF”) (
http://www.siafchina.com) is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in the Peoples 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 Bio-Organic Fertilizer and Stock-Feed, as well as, fisheries, dairies, and Hylocereus Undatus plantations. SIAF’s products are produced to meet the high organic quality standards of the United Kingdom. SIAF is owner of a patented process; the conversion of corn stalk into high quality feed for livestock and is the “Master Licensee” for China with exclusive right to a patented Bacterial used in converting food based agriculture produce wastes into nutritional feed products that are also applicable in the manufacturing of Bio-Organic fertilizer. The Company also holds the “Master License” for China on a modern re-circulating Aquaculture Technology “A Power RAS Technology” that has the capacity to commercially grow quality table fish and seafood free from chemical and pollution in enclosed modules on land in a system designed to promote economic sustainability and viability. Currently the Company has total employment of 520 persons of which 60 are skilled and experienced management staff.
Not to mention, some of the biggest China micro-cap players are all over this stock.