China CFDA Registration Process, page-29

Looks like there are a number of posters who think WHA should already be a massive fully integrated global food company selling within 18 months of listing. I’m not sure if some have been caught at higher prices and now they are looking for excuses to blame management. How many companies have you guys been in that mulitbagged 14x.
There is always lots of noise in growth companies and they tend to be volatile. For a board of under performers, crappy product design, inexperienced management they Really have smashed it out of the park so far. Comparing WHA to BIG seems out of place. BIG had nothing to start with. It wasn’t building real assets like $70m milk powder lines. It was all hot air dreaming of expansion with no real sales at all. It was a ponzi by the looks of things.
I think people start freaking out over timing of the SAMR and then look for reasons.
It’s a process in the hands of the Chinese regulators. The company has said its advanced in the process and they have to wait for it. It is due. The stock doesn’t explode just because you buy it.
The recent $70m raising was completed and they are going to build a dryer.
The SAMR is about cred. It’s like getting your mining license. It’s the big green light that turns on for other buyers. We are the higher risk early buyers and we will likely hand it across to big money on the way up.
Risk in everything. Certainly don’t need money right now so she’s not come raise.
I personally thing this is more progressed than some may think. Dyor.