SIAF.PK

gemfinder · #1 (**permalink**) 02-26-09, 09:43 PM

The Story: Reverse merger completed by Bellmont Partners, a Joseph Meuse deal, into Volcano Gold, a dormant, de-listed NASDAQ company. Company has not done any promotion since the initial merger, however the company has kept investors up to date via its web site at www.siafchina.com.

The company has recently been working on a 3 year back audit. The auditor is Madsen and Associates, a registered PCAOB accounting firm. According to company memos posted on its web site, it intends to begin promotion in March/April and file with the SEC to become a fully reporting company.

There is a wealth of information available on this company at its web site. The company recently posted financials on pinksheets.com as well. Please conduct your own due diligence. Information has been provided below to help get you started.

Company Web Site: http://www.siafchina.com

Aim and Vision of SIAF
To be one of the best quality producers of the country, (dedicating to produce organic produces and products), but not necessary to be the biggest.

Sino Agro Food, Inc. (SIAF) is an agricultural business focused on developing, producing and distributing high margin agricultural products in the People’s Republic of China.
In P.R.C. the rapid progress of industrialization of the last decade has unbalanced the needs of developments and activities of the agriculture industry, (i.e. diminishing of agriculture land, scarcity of farm laborers, industrial pollution and the generally over usage of chemical etc.). Therefore the P.R.C. Government has in recent years directed many incentive schemes and policies with the aim to revitalize and to modernize its agriculture industry. (i.e. Protection of agriculture land, stringent laws in governing the ownership and usage of agriculture land, tax free incentive applying to incomes generated from the industry and enforcing environmental friendly developments etc.)Management of the Company has many years of practical and professional experience in various and many sectors of the agriculture industry and decided in year 2004 that it was the right timing and there would be many opportunities available to develop agricultural ventures in P.R.C.
The Company intends to focus on meeting the increasing demand of China’s rising middle class for gourmet and high quality food. Current lines of business include fisheries, dairies, and agricultural production of capers and sod with the direct association of modern fishery and cultivation technologies.

Equity Reports:

Small Cap Voice Equity Report
Microcap Alliance Research Report

Phone: 6012-2004963
Fax: 86-20-22057863
E-mail: info@siafchina.com, leesyk@gmail.com

Professional Consultants, Services:

Transfer Agent:PacWest Transfer. LLC
337, Gay St. P.O. Box 518, Washington,
USA Tel. 540-6753129
http://www.yourtransferagent.com

Company Lawyer (USA):Thelen, Reid, Brown, Raysman & Steiner LLP
101 Second Street, Suite 1800 San Francisco, CA 94105-3606
Tel. 415-371-1200
Fax 415-371-1211
http://www.thelenreid.com

Company Auditor:Madsen & Associates CPAs, Inc./T.N.LUI & CO.
Room 1613, 16/F., Tai Yau Building, 181 Johnston Road, Wanchai, HongKong.
Tel: 852-2545-7579
Fax: 852-2815-6319
American Contact:

Madsen & Associates CPA's, Inc.
Tel. 801-268-2632

Investment Banker: Rosewood Securities, LLC
360 Main Street, P.O. Box 393, Washington, VA22747
Tel. 540-675-3149
Fax 540-675-3369
www.belmontpartners.net

Share Structure as of 02/03/2009
Authorized Shares 100,000,000

Total Issued and Outstanding 52,943,579
Total Restricted Shares 48,949,222

Free Trading Float 3,994,357

Type of Issue

Units

New shares to existing public shareholders

139,000

New shares to debenture holders

10,804,579

New shares issued to CA shareholders

32,000,000

New shares issued to Tri-Way shareholders

1,000,000

New shares issued to MEiji shareholders

2,000,000

New shares issued to HYT shareholders

7,000,000

Total

52,943,579

Company Financial Summary for 2008
Company financial information available on Pink Sheets | Electronic OTC Markets - Quotation, Trading Systems. Numbers are un-audited and may change slightly with pending audit, company currently undergoing audit for previous 3 years by Madsen and Associates, a PCAOB registered accounting firm (The Public Company Accounting Oversight Board).

Total Revenue $14,466,609
Net Profit $4,984,318
Earnings Per Share $0.09
Total Assets $84,445,161
Total Liabilities $15,452,288
Net Assets $68,992,873
Book Value $1.30

1 Year Chart

6 Month Chart

1 Month Chart

Disclaimer: All information is taken from information provided by the company and publicly available on either the company's web site, or pinksheets.com. It is recommended that you conduct your own due diligence before investing.