And as the chart shows, they have delivered amazing results. SIAF stock has been promoted twice for the past two weeks and yesterday the second promoter disclosed his modest compensation: only $1,200 for a week of advertising SIAF to investors. Since the first promotional disclosure, the share price of SIAF has added 12.24% to its value, but more importantly, has returned back to its previous levels of above $1.
Yesterday, SIAF closed the market at $1.10, gaining another 1.85% and although the trading volume kept going down, it still remained above the average.
Another innovation has been the visualization of the company’s operational success through a shareholder video, available on Sino’s corporate website. Interested investors who did not take their time to read SIAF’s previous press release, or the conference call transcript provided in an investor online forum, can thus watch the highlights of Sino’s incredible financial and operational progress for the first half of the year.
For those who prefer to rely solely on proven facts, however, remains only the hope that Mr. Solomon Lee, Sino’s CEO, will keep his promise to file for registration on the OTCBB market by submitting the financial reports for review with the SEC as soon as they get finally audited.
In the mean time, the market will certainly appreciate Mr. Lee keeping his other promise related to the commitment toward “strengthening shareholder value”, in particular, to keeping the number of outstanding common shares unchanged for the foreseeable future. For this to happen, the 10 million “Series B” preferred shares created in July this year and convertible on one-to-one basis into shares of common stock should actually not get converted.
