We learned today (after last night’s market close in Asia) that a discounted rights offering proposed by Sino Grandness Food Industry Group (T4B.SI) (OTCBB: SFOOF) has been reduced in price significantly, to the tune of 32%, furthering a case that we […]
We had a chance to review and look over Sino Grandness’ recent comments, issued on November 1, 2016 and today offer this response. Recall that on October 25, 2016, we issued a report asking whether Sino Grandness Food Industry Group was “rotten […]
On October 25, 2016, we issued a report asking whether Sino Grandness Food Industry Group was “rotten at its core”. In our report, we took a critical look at the company’s operations by deploying our team on the ground to […]
Summary Our extensive on-the-ground due diligence at Sino Grandness Food Industry Group Limited’s (“SGFI”) canned goods manufacturing subsidiaries showed little to no activity. It appears as though either 2016 will be a massively disappointing year, or prior year’s annual results […]